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FAST FIVE: Apple Jumps After Beating Top & Bottom Line; Solid IPhone Sales And China Performance

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FAST FIVE: Apple Jumps After Beating Top & Bottom Line; Solid IPhone Sales And China Performance $14.60 billion, -1.1% y/y Service revenue $19.60 billion, +12% y/y, missing estimate $19.75 billion Commenting on the results, Apple's CFO Luca Maestri said that “we set a June quarter revenue record and our installed base of active devices reached an all-time high in every geographic segment and product category. We've always done that and have found that made us stronger on the other side,” Cook said. As noted above, Apple also reported another solid, if not blowout, quarter for Service Revenues – meaning Apple…

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