This is MacO-S-Kinn.

Apple posts some solid numbers. Wall Street punishes Apple for those numbers and

if you're hitting an Apple store today call ahead. It's Wednesday October 19th,

2011.

I'm Ken Ray and this is news from Maco S. Ken.

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Touch, available in the App Store now for $2.99. To people who don't understand Wall Street and investing and the

wack-a-day world that is the stock market, Apple's numbers looked great for the

fiscal fourth quarter of 2011.

To be clear, I am one of those people.

Apple son at a press release yesterday trumpeting quarterly revenue of 28.27 billion dollars

and quarterly net profit of $6.62 billion, or $7.5 per diluted share.

That was much better than the same quarter a year ago and beat its own guidance for this

quarter, though that's not such a big deal since Apple is usually conservative in its

guidance. Apple sold 17.07 million iPhones in the quarter representing 21% unit growth over the year ago

quarter though also representing a bit of a decline from the quarter before it.

Apple sold 11.12 million iPads during the quarter,

a 166% unit increase over the year ago quarter,

...