iTunes Radio Could Take the Sting Out of Apple’s Limp Quarter


Apple on Monday announced its fourth-quarter earnings for fiscal year 2013, including revenue of $37.5 billion and a net profit of $7.5 billion, or $8.26 per diluted share. In the year-ago quarter, the corresponding figures were revenue of $36 billion and net profit of $8.2 billion, or $8.67 per diluted share. Apple this week also revealed that it sold 33.8 million iPhones — a record for the September quarter — compared with 26.9 million in the year-ago quarter.

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iTunes Radio Could Take the Sting Out of Apple’s Limp Quarter

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