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Apple sells 33.8m iPhones

The company reported fiscal fourth-quarter revenue of $37.5 billion.

Apple reports that it sold 33.8 million iPhones last quarter. Picture: Twitter.

NEW YORK - Apple Inc said on Monday it sold 33.8 million iPhones last quarter, roughly in line with analyst expectations, signalling that its new phones are not as unpopular as some had feared.

The company reported fiscal fourth-quarter revenue of $37.5 billion, ahead of Wall Street's average forecast of $36.8 billion.

The world's most valuable tech company said it expected revenue of $55 billion to $58 billion in the crucial October to end-December period. Wall Street was expecting $55.65 billion.

Apple shares traded down slightly after hours. They closed up 0.7 percent in regular Nasdaq trading.

The company said it sold 14.1 million iPads during the quarter, up very slightly from 14 million in the year-ago quarter, and sold 4.6 million of its Mac computers, down from 4.9 million a year ago.