Apple CEO Tim Cook on Q1 2020 earnings: iPhone 11 remains top seller

CNBC’s Josh Lipton reports on Tim Cook’s comments on Apple’s Q1 earnings announcement.

Apple reported revenue and profit significantly higher than what Wall Street analysts expected and spiked as much as 3% before settling down up around 1% in after-hours trading.

Apple’s revenue was up 9% to $91.8 billion, which beat its own guidance. That’s a significant change from the same quarter last year when it had to revise its revenue guidance down mid-quarter based on weakness in…

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