Apple (AAPL) Tops Q2 EPS by 4c; New $100 Billion Share Repurchase

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Go back to Apple (AAPL) Tops Q2 EPS by 4c; New $100 Billion Share Repurchase

Apple Reports Second Quarter Results

May 1, 2018 4:30 PM EDT

Revenue Grows 16 Percent and EPS Grows 30 Percent to New March Quarter Records

New $100 Billion Share Repurchase Authorization Announced, Dividend Raised by 16 Percent

CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today announced financial results for its fiscal 2018 second quarter ended March 31, 2018. The Company posted quarterly revenue of $61.1 billion, an increase of 16 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.73, up 30 percent. International sales accounted for 65 percent of the quarters revenue.

Were thrilled to report our best March quarter ever, with strong revenue growth in iPhone, Services and Wearables, said Tim Cook,... More