Apple sells 46.7 million iPhone units during its fiscal fourth quarter; shares soar to new all time high

This afternoon, Apple released its fiscal fourth quarter earnings report. During the three-month period, the company sold 46.7 million iPhone handsets. That was roughly in line with the 46 million units that Wall Street analysts had predicted. Revenue related to sales of its smartphone amounted to $28.85 billion. Last year during the same period, Apple sold 45.5 million iPhone units and grossed $28.16 billion.

During the three month quarter, Apple grew sales of its iPad tablet from 9.27 million slates last year, to 10.3 million this year. Revenue from sales of its tablet amounted to $4.83 ...