Apple revenue meets forecasts, shares rise


Apple Inc reported quarterly revenue that met Wall Street expectations even as iPad sales were disappointing.

The stock rose slightly after the results in after-market trading.

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Apple said its fiscal fourth quarter revenue rose to $35.96 billion, roughly matching the average analyst estimate of 35.8 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Poornima Gupta; Editing by Richard Chang)