Apple earnings: It's still all about the iPhone

From CNET: The Apple Watch, which was delivered to customers around the world starting last week, may be what everyone's talking about right now.

But when it comes to Apple's financials, it's still all about the iPhone.

The Cupertino, Calif., company on Monday will report its second-quarter earnings, giving an update on how many phones, tablets and computers it sold from January to the end of March. It's also expected to increase the amount of money it returns to shareholders in dividends.

But while investors and analysts will undoubtedly ask plenty of questions about Apple's first smartwatch on the conference call -- with everyone wanting to know how many devices have been purchased and when supply will be able to keep up with demand -- Apple has already said it won't provide details on watch sales.

When CEO Tim Cook introduced the Apple Watch in September, he called the smartwatch a breakthrough product and Apple's "most personal device yet." He also described it as a comprehensive health and fitness device, an "incredibly accurate" timepiece and a way to communicate immediately and intimately with others.

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