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CFO suggests that sales growth will slow overall and in the hot services sector, sending shares lower in after-hours trading despite stunning beat in earnings and iPhone sales. Apple racked up nearly $40 billion in iPhone sales last quarter. BLOOMBERG NEWS. Apple reported its strongest June quarter ever on Tuesday, with a near doubling of its profits and a whopping iPhone beat— iPhone revenue surpassed Wall Street’s expectations by a stunning $5 billion. But the celebration came to a crashing ha

Google parent Alphabet stock Popped more than 4% to a new high on reaching record quarterly revenue, profit in ad boom.Google parent Alphabet Inc'squarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.Shares of Alphabet, the world's largest provider of search and video ads, rose 3.3% in extended trading after the results, which handily beat analyst estimates. Shares of Facebook, which compe

NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the t

July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarte

Apple Inc. AAPL is looking to expand its revenue streams in China with the launch of its search adve