<ul><li>Apple reported all-time record revenue of $94.9 billion in its fiscal fourth quarter.</li><li>However, the company underwhelmed Wall Street with a lower sales growth projection for the December period.</li><li>Apple's revenue in China fell slightly to $15 billion in the fourth quarter, indicating ongoing competition with local brands.</li><li>Despite this, iPhone sales grew in every geographic market, suggesting other product lines may have been the issue in China.</li></ul>

Apple underwhelms Wall Street with all-time record fourth quarter earnings

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