Apple Reports Quarter, Disappoints Wall Street

Despite Apple posting record revenue for the last quarter, profit dipped and the stock declined somewhat in after-hours trading. Services revenue also hit another new high with double-digit growth. One notable item for Mac fans is that the work-at-home situation for many drove Mac sales to a record $9 billion, up for $7 billion a year ago.

In the call after the earnings report, CEO Tim Cook hinted that there will be more announcements and products before the end of the year.