Strong iPhone Sales Lead Apple to Q4 Earnings, Revenue Beat

Apple beats the Street on the top and bottom lines in its fourth quarter thanks to better-than-expected iPhone sales.
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Apple's (AAPL) - Get Report fourth-quarter earnings per share of $3.36 beats Wall Street's $3.22 consensus estimate. Apple's revenue of $78.4 billion in its fourth quarter tops analysts' $77.3 billion forecast. Apple sold 78.3 million iPhones in the quarter, better than expectations of 77 million.