Apple Sees Reduced Profits

Apple Inc. recorded Q4 net profit of $9.0 billion, down from $11.1 billion last time, on turnover of $46.9 billion, a decrease from $51.5 billion. For the year there were profits of $45.7 billion, compared with $53.4 billion a year ago, on revenue which fell to $215.6 billion from $233.7 billion. The company commented that 62% of its sales came from overseas.