Apple loses some of its shine as profits miss expectations

US technology giant posted full-year net profits of $25.9bn, but figures have disappointed Wall Street
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Apple, the world's biggest technology company and makers of the iPhone, has recorded net profits for the year to Sept 24. of $25.9bn. (Getty Images)
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In the fourth quarter of this year, Apple sold as many as 17.1m iPhones, which represents a 21 percent increase when compared with the same period last year. iPad sales, which consumer electronics stores say have rocketed in 2011, hit 11.1m, a 166 percent increase on 2010. (Getty Images)
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The launch of the iPhone 4S was a key contributor to the sales growth. Apple sold four million of the new models in the first three days after launch, with customers in cities around the globe queueing for hours to get their hands on the latest gadget. (AFP/Getty Images)
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But the results weren't enough to impress Wall Street, with shares dropping almost 5 percent in after-hours trading. Analysts said onlookers expected sales of the new iPhone to reach 20m in the fourth quarter.(Getty Images)
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Sales were thought to be hurt in September due to high numbers of customers waiting for the new version of the iPhone, which was released on 14 October. (AFP/Getty Images)
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The financial results were the first posted since the death of co-founder Steve Jobs earlier this month. The former CEO died on October 5 at the age of 56 after a years-long battle with cancer. His death came just a day after Apple unveiled its latest iPhone 4S model. (AFP/Getty Images)
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Apple co-founder Steve Wozniak speaks with reporters the Apple Store in Los Gatos, California after purchasing the Apple's latest iPhone 4s on the day of the launch. Apple said it was "thrilled" with the "strong finish", and that it had witnessed an "outstanding fiscal 2011". Customer response to iPhone 4S was "fantastic", it said. (AFP/Getty Images)
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Critics of the new iPhone 4S say it was too similar to the previous edition, but this didn't stop some fans of the latest device paying up to six times official prices to get their hands on the latest model. (Getty Images)
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New Apple CEO Tim Cook said the firm had strong momentum going into the holiday season, and remained "really enthusiastic" about its product pipeline. (AFP/Getty Images)
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Apple is planning a celebration of Steve Jobs' life today at its California headquarters. He was considered by many to have single-handedly reversed Apple's fortunes as it was on the brink of collapse. Adhesive notes reading tribute messages create a part of the face of Apple co-founder and former on the window of an Apple Store in Munich. (AFP/Getty Images)