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Apple reports second quarter results | Hacker News

TL;DR AI

Key summary

2 min read
  1. Apple reported fiscal second-quarter revenue of about $111 billion, up 17% year over year, with diluted EPS near $2 and operating cash flow above $28 billion.

  2. iPhone revenue hit a March-quarter record near $57 billion, while Services reached a record near $31 billion.

  3. The board raised Apple’s quarterly dividend 4% to $0.27 per share and added $100 billion to its share repurchase program.

  4. The results underscore Apple’s strong growth, robust cash generation, and the growing importance of Services and capital returns.

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