Apple results weigh on Wall Street; oil cuts some losses

Apple's results weighed on U.S. equities on Wednesday after the technology giant posted its first annual revenue decline since 2001, offsetting a boost from Boeing's strong profit, while oil prices recovered from steep early losses. Shares of Apple, the world's most valuable public company, fell as much as 3.7 percent - set for their worst day in six months - after the company said sales of its flagship iPhones fell for the third quarter in a row. "The earnings season, on balance, has been much