Apple has posted a net loss for its fiscal fourth quarter - its first in nearly two years.
For the three months ended September 28th, Apple lost $45 million (€46.1 million), or 13 cents per share, compared with a profit of $66 million, or 19 cents per share, in the same time last year.
Excluding the one-time items, the maker of Macintosh computers would have earned $7 million, or 2 cents per share, which matched Wall Street expectations.
The one-time items include a $49 million write-down of investments, a restructuring charge of $4 million, an R&D charge of $1 million and the reversal of a $2 million executive compensation expense.
Apple reported revenue of $1.44 billion, roughly level with the $1.45 billion reported in the same period a year ago.
One bright spot in the company's results was its iPod digital music player introduced a year ago. Apple shipped 140,000 iPods during the quarter and 54,000 of those were its Windows version which came out this summer.
Apple's notebook, the iBook, sold well in the education market last quarter, although overall shipments of Macintosh units totalled 734,000 for the quarter, down 14 per cent from the 850,000 shipped in the same period last year.
AFP