Apple (AAPL) earnings clocked in higher than 2Q estimates, with iPhone revenue of $56.99b just edging above the Street's forecast of $56.98b. George Tsilis joins the earnings coverage immediately following the print as Apple shares more insights into its CEO transition plan from Tim Cook to John Ternus. The company revealed "extraordinary demand" for its iPhone 17 lineup and touted a pipeline of 10 major projects for Ternus. George adds context on Apple's services versus hardware businesses, explaining the importance of margin growth in each segment for a "make or break move" in the after hours.