Apple earnings show record revenue despite slowing iPhone growth
Apple narrowly surpassed Wall Street’s revenue estimates for the fourth quarter on Thursday, driven by an expanding services business. Apple's stock rose more than 4% in after-hours trading. Total revenue rose 8% year-over-year to 102.1 billion. The results come the same week that Apple became the third company in history to reach a market capitalization of $4 trillion — following only Nvidia and Microsoft. Diluted earnings per share (EPS) re ...