Apple Revenue Meets Forecasts, iPad Disappoints

Apple's earnings per share fell well short of expectations

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.

Also read: Apple Unveils iPad Mini, 4th Generation iPad, Thinner Computers (Updated)

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.

Also read: Apple Grabs Justin Timberlake-Backed Particle (Report)

Apple only had nine selling days of the new iPhone 5 in its fiscal fourth quarter, which means that all eyes are now on the current holiday quarter.

Apple heads into the quarter after having refreshed almost all of its product lines, including an upgraded, full-sized iPad. The December quarter will show how well consumers respond to Apple's latest gamble – the new, smaller iPad mini that will goes on sale November 2.