Apple reported fourth-quarter earnings on Thursday that provided an early glimpse into how the iPhone 17 lineup may be catching on so far. Apple’s earnings for the quarter that ended in September met analysts’ expectations on revenue but slightly missed on iPhone sales.

Its ascent punctuates a big turnaround from earlier this year, when analysts were less bullish on the company. Apple has become the third company to see its market capitalization top $4 trillion, underscoring its role as one of the leading publicly traded tech companies and making it the second-most valuable company in the world.