Apple Sells Off Following Q4 Earnings Report

• Apple Inc. AAPL reports Q4 earnings of $1.67 per share, $0.02 ahead of the Street’s consensus.
• Revenue of $46.9 billion, down 8.9 percent year-over-year, is in line with expectations
• iPhone shipments reported at 45.51 million, versus estimates of 44.6 million.

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• Apple says it expects Q1 sales of $76 billion to $78 billion, above estimates of $74.98 billion
• The Board declared a $0.57 per share dividend, in line with the previous one.
• Shares are down about 2 percent after-hours at $116.
• Check the full release here.