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Apple posts record quarterly earnings on soaring iPhone sales
Apple posts record quarterly earnings on soaring iPhone sales

Apple Inc.'s decision last year to enlarge the iPhone screen fattened the company's wallet too. The Cupertino, Calif., company sold nearly 74.5 million iPhones during the last three months of 2014 — more than in all of fiscal year 2011 — powering a quarter of record sales and profit that soared past Wall Street expectations. "We see that we're appealing to new customers and people switching from Android," Apple Chief Executive Tim Cook said on an earnings call Tuesday. "We're very bullish on the product." Though Apple ramped up production of its new big-screened iPhone 6 and 6 Plus faster than for any previous model, January marked...

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