Apple beats expectations in historic Q4 earnings

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Apple earnings
Apple crushed its Q4 earnings.
Photo: Ste Smith/Cult of Mac

The last Apple earnings report of 2017 is finally here and the results are even better than Wall Street anticipated.

Aided by strong iPhone sales thanks to the launch of the iPhone 8 and iPhone 8 Plus, Apple was able to bring in slightly higher than expected revenues and the company is expecting big things next quarter too.

Apple reveals its Q3 2017 earnings [Live blog]

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money
Apple earnings are on the way.
Photo: Ste Smith/Cult of Mac

Apple CEO Tim Cook and CFO Luca Maestri are set to reveal all the details of Apple’s latest earnings in a call with investors today could have a huge impact on the company’s stock price.

The Q3 2017 earnings report isn’t expected to be a record-breaker, but Wall Street analysts will be hanging on to every word that comes out of Cook’s mouth as the next iPhone launch approaches. Most experts agree Apple will meet earnings expectations of $43.5 billion in revenue — the only question is by how much.

Cult of Mac will be right here live-blogging the entire call once it starts at 2 p.m. Pacific. Come join the fun.

What to expect from Apple’s Q3 2017 earnings

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money
Apple is raking in the cash.
Photo illustration: Ste Smith/Cult of Mac

Trouble in China, iPhone slump and other Apple earnings surprises

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How will investors respond to Apple's relatively flat earnings?
How will investors respond to Apple's relatively flat earnings?
Photo: Ste Smith

Apple’s Q2 earnings report for 2017 just barely beat Wall Street’s expectations when the numbers were revealed this afternoon, but there are plenty of reasons to still be optimistic about AAPL.

During the company’s call with investors today, Apple CEO Tim Cook and CFO Luca Maestri discussed some of the struggles the company experienced last quarter, from slumping iPhone sales to economic headwinds in China.

Here are the biggest takeaways:

Apple beats expectations in Q2 2017 earnings report

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money
Apple is raking in the cash.
Photo illustration: Ste Smith/Cult of Mac

Apple just posted its earnings for Q2 2017 and while the numbers aren’t as monstrous as last quarter’s, there’s a lot to love in the new report.

With revenues hitting $52.9 billion, Apple returned to growth for the second straight quarter with $11 billion in profit. iPhone sales were down year-over-year, but Apple CEO Tim Cook says demand for the iPhone 7 Plus is still high.

What to expect from Apple’s Q2 2017 earnings report

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Tim Cook and Luca Maestri will reveal Apple's Q2 earnings.
Apple made a ton of money last quarter.
Photo: Jim Merithew/Cult of Mac

AAPL shares soar to new all-time high

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Apple's stock is on the rise.
Apple's stock is on the rise.
Photo: Buster Hein/Cult of Mac

A ringing endorsement from mega-investor Warren Buffett has helped push Apple’s stock to a new record high today.

Apple shares were trading up 2.04% and closed at an all-time high of $139.78 per share, beating the company’s previous top mark of $137.11 set last week.