Apple’s cart brought up the rear of the FAANGs’ quarterly reporting on Tuesday. Its produce was firm and crunchy – and investors went to town on its shares, pushing them up 5%. What does this mean? Sales of iPhones, which still represent over half of Apple’s revenue, were more or less as expected. But previously tepid iPhone demand from China – responsible for Apple falling off investors’ trees in January – appeared to reheat last quarter, helping Apple to beat sales expectations overall. And as “services” revenue grew apace, rising 16% on last year, its high profit margin contributed more to Apple’s earnings fruit salad, helping profit to exceed expectations, too.