depends on which 'expectations' you read. 48m-50m iphone sales were the figures bandied around earlier. Of course, very high expectations, but then a very high stock price.
$13.1b profit versus $13.06b profit for the same period last year is unlikely to keep investors happy..."record figures" or not. Margins down too. 24% profit vs 28% profit. One way of looking at it is they spent $8bn more to get a further $40 million profit.
Still, I'd swap my bank account with theirs