Apple Nips Quarterly Estimates As Investors Await More Color On IPhone 17 Sales

Apple edged Wall Street estimates for its fiscal fourth quarter, reporting earnings of $1.85 and revenue of $102.5 billion. Analysts, who had expected revenue of $102.25 billion and earnings of $1.77, are awaiting more color on sales of the flagship iPhone. CEO Tim Cook and CFO Kevan Parekh were getting set to lay out those details during a conference call with analysts to discuss the quarter. The tech giant came into the earnings report with momentum. Its market value recently topped $4 trillion for the f ...