Apple Inc. (AAPL Quick QuoteAAPL - Free Report) posted fiscal Q4 2016 earnings after the bell Tuesday, earnings of $1.67 per share beating expectations by a penny, on revenues of $46.9 billion a touch higher than the Zacks consensus estimate. iPhone sales of 45.5 million in the quarter was also a slight beat over estimates, though Mac sales slid under 5 million, whereas iPads came in-line at 9.3 million shipments.

Apple's main smartphone competitor, Samsung, has stopped production on its newest line, Galaxy Note 7, but its troubles happened toward the back end of the fiscal quarter; we expect iPhone sales in Q1 2017 to be even better. That said, gross margin estimates for Q1 have been lowered a bit to a range of 38-38.5%.

Chipotle (CMG Quick QuoteCMG - Free Report) reported Q3 earnings after the bell today, and negative comps having fallen further than analysts expected have led the disappointment on the bottom line as well as $1.04 billion missing the $1.09 billion estimate on the top line. Yearly comps fell 21.9%, whereas -18.1% had been expected. The company expects sales to fall to low-single digits. Chipotle is still working through severely negative comps following food contamination events in its recent past.

Panera Bread's recent investment in digitized automation appears to have paid off, as the fast-casual restauranteur topped Q3 estimates on both top and bottom lines: $1.37 per share on quarterly sales of $682 million beat the $1.34 and $682 million, respectively. Year-over-year revenues grew more than 43%. This is at least the fifth straight quarter of a positive earnings surprise, even as same-store sales were below analysts' estimates. Shares are trading up 5.5%. For more on Panera's earnings, please click here.

Internet radio company Pandora has disappointed investors after the bell, though its posting of a loss of -19 cents per share (accounting for stock-based compensation and other BNRI) was better than the -21 cents expected. Revenues of $352 million in the quarter were well behind the Zacks consensus of $366.4 million. Listener hours were up, but not as high as analysts were looking for. Following the report, Pandora shares have tumbled 8.3%. Year over year sales are up, but earnings are down a whopping 950+%. For more on Pandora's earnings, click here.