More on Apple: Cash/investment balance reached $118B at end of FQ3, up from $110B at end of FQ2....

|About: Apple Inc. (AAPL)|By:, SA News Editor

More on Apple: Cash/investment balance reached $118B at end of FQ3, up from $110B at end of FQ2. Opex +35% Y/Y to $3.4B, surpassing revenue growth. iPhone revenue +22% Y/Y (major slowdown from FQ2's 85%), implied ASP of $625 (down from FQ2's $646). iPad revenue +52% (was +132% in FQ2), implied ASP of $538. Mac desktops -19%, Mac notebooks +3%. AAPL -5% AH. (PR) (webcast)