Apple overcomes iPhone slump with strong fiscal 4Q showing

SAN FRANCISCO (AP) — Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone.
The latest evidence of Apple’s prowess emerged Wednesday with the release of financial results for the July-September quarter.
Both Apple’s sales and revenue exceeded analyst estimates as the company’s newest iPhones got off to a better start than expected, even though the devices aren’t that much different last year’s models