The news: Apple announced fiscal Q4 earnings that saw its income take a hit following a hefty European tax charge. Several categories including Services, which includes the company’s advertising business and Apple TV+, fell below investor expectations.
By the numbers:
- Revenues: $94.93 billion, up 6% YoY and above estimates of $94.58 billion.
- Services: $24.97 billion, up 11% YoY but below estimates of $25.28 billion.