Apple's iPhone Delivers the Goods in Q4, Others On Fire

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Apple’s (AAPL - Free Report) fiscal fourth-quarter 2017 earnings and revenues breezed past the Zacks Consensus Estimate. The results were boosted by the fast growing Services segment. A spurt in Mac and iPad business was another big factor. iPhone sales, though impressive, missed the Zacks Consensus Estimate.

iPhone Performance

Revenues from the iPhone segment are the biggest contributor to the company’s top line. In the fourth quarter, iPhone contributed 54.6% to total revenues of $52.6 billion.

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