Apple earnings recap: Tim Cook talks 'staggering' iPhone demand, memory shortage, and China rebound

Apple had a monster holiday quarter, as Tim Cook promised.

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Apple's earnings are in, and as promised, the iPhone maker put up some big numbers.

CEO Tim Cook said iPhone demand was "staggering" and "unprecedented" in the holiday quarter. Both Apple's reported revenue of $143.76 billion and earnings per share of $2.84 handily beat analyst estimates.

The company also put concerns around Greater China to rest for now, reporting revenue of $25.53 billion for the region...