“Apple revenues grew at the rate of about 6% in [calendar] Q4 [Apple’s fiscal Q114], while earnings grew at 5%,” Horace Dediu writes for Asymco.
“These were improvements over Q3 and Q2 but the rate of top line growth is has not been this low since 2009,” Dediu writes. “The bottom line is also slower than it’s been for the entire “epoch” or era of the iPhone.”
“The company delivered performance inline with its own guidance so there should not have been surprises in the top and bottom lines. However, the disappointment might be in the low growth for iPhone (at 6%) and iPad (at 7%),” Dediu writes. “The Mac and iTunes grew at moderate rates (16% and 19% respectively) while the iPod continued its decline with -55% growth and Accessories remained fairly flat.”
Read more, and see the charts, in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]