Apple sees big growth in wearables, though iPhone sales drop yet again: Live blog

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Apple sees big growth in wearables, though iPhone sales drop yet again: Live blog
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'Oh boy. Tim Cook says Apple Card launch could be the most successful launch of a credit card in the U.S. ever.' That's emilybary on our live blog of the Apple earnings call:

Apple Inc. passed a crucial test Wednesday as the smartphone giant topped expectations with its latest results and gave an optimistic forecast for the holiday quarter.

The company’s iPhone revenue dropped for the fourth quarter in a row, but Apple AAPL, -0.01% got big boosts from two rising stars within its business. Wearables, accessories and other revenue surged 54% and easily beat estimates, while services revenue increased by 18% and marked a beat as well. Overall, Apple’s revenue, excluding the iPhone, increased by 17%.

MarketWatch tech editor Jeremy C. Owens and reporter Emily Bary will live-blog the results and call. #div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

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