Apple Beats Earnings Expectations But iPhone Sales Slow as Demand Dips

Apple's earnings beat expectations but sales fell for the 4th straight quarter

Apple reported Q4 earnings per share of $1.46 on revenue of $89.5 billion

iPhone sales were up 3% to $43.8 billion but Mac and iPad sales dropped

Services revenue increased 16% to $22.3 billion

Apple stock dropped in after-hours trading following the earnings report