Apple Shatters Records in Blowout Fourth Quarter

Despite being one of the largest and most profitable companies on the planet, Apple (NASDAQ: AAPL) just reported blowout Q4 results that shattered numerous records. In a departure from recent reporting periods, services revenue actually came in below expectations, although that profitable segment was still able to set a new record in quarterly revenue.

Unlike last year, when Apple started off the year by drastically slashing its guidance and missing its forecasts, the Mac maker is kicking 2020 off with a bang.

iPhone 11 has been a hit. Image source: Apple.

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Source Fool.com