Apple (Nasdaq: AAPL) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 29 (Q4), Apple met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.

Margins dropped across the board.

Revenue details
Apple reported revenue of $35.97 billion. The 42 analysts polled by S&P Capital IQ anticipated sales of $35.78 billion on the same basis. GAAP reported sales were 27% higher than the prior-year quarter's $28.27 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $8.67. The 44 earnings estimates compiled by S&P Capital IQ predicted $8.75 per share. GAAP EPS of $8.67 for Q4 were 23% higher than the prior-year quarter's $7.05 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 40.0%, 30 basis points worse than the prior-year quarter. Operating margin was 30.4%, 40 basis points worse than the prior-year quarter. Net margin was 22.9%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $55.09 billion. On the bottom line, the average EPS estimate is $15.39.

Next year's average estimate for revenue is $194.13 billion. The average EPS estimate is $53.13.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 26,348 members out of 28,661 rating the stock outperform, and 2,313 members rating it underperform. Among 6,348 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 6,128 give Apple a green thumbs-up, and 220 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Apple is outperform, with an average price target of $786.90.

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