CUPERTINO, Calif. (AP) _ Apple Inc. (AAPL) on Thursday reported fiscal fourth-quarter net income of $12.67 billion.
On a per-share basis, the Cupertino, California-based company said it had profit of 73 cents.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The maker of iPhones, iPads and other products posted revenue of $64.7 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $63.39 billion.
Apple shares have risen 57% since the beginning of the year, while the Standard & Poor's 500 index has climbed 2.5%. In the final minutes of trading on Thursday, shares hit $115.32, a rise of 90% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAPL at https://www.zacks.com/ap/AAPL