Apple's first-quarter earnings beat estimates for revenue of $119.58 billion and EPS of $2.18, but shares fell in after-hours on weak outlook. iPhone sales of $69.7 billion beat estimates despite a 13 year-over-year sales decline in China, Apple's third largest market. Services grew 11 year-over-year to $23.12 billion, matching last quarter's growth but missing estimates slightly. Mac sales rose under 1 to $7.78 billion, iPad sales fell 25 to $7.02 billion, and Other Products fell 11 to $11.95 billion.