Apple Q2 Results Beat Expectations Despite iPhone Fears; unveils a $110 billion buyback

Apple Store on 5th Ave in Manhattan, New York City


Apple (NASDAQ:AAPL) shares rose 3.5% in extended trading on Thursday after the tech giant posted second-quarter financial results that were better than expected despite concerns about the iPhone in China.

For the period ended March 30, Apple earned $1.53 per share on revenue of $90.75 billion, while the iPhone