$Apple(AAPL.US)First take:This earnings report is quite good. Both revenue and net profit exceeded market expectations. Although the smartphone business is still declining, iPad and wearable devices have significantly outperformed expectations. The gross margin of software services has remained stable at 74% for two consecutive quarters, contributing to the company's better-than-expected profit performance.

Overall, iPhone has halted the decline in business this quarter through measures such as price cuts and promotions. Revenue outside of iPhone grew by 7.5% year-on-year, becoming the main source of the company's revenue growth this quarter. With the improvement in the gross margin of software services, the company's overall gross margin is expected to stabilize above 45%. Although the iPhone business has not shown significant improvement, the performance of other businesses in this earnings report demonstrates the company's risk resilience and operational management capabilities.

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