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Record quarter leads to new $100B share buyback, increased dividend

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#earnings#share buyback#dividend increase#iphone 17#services revenue#Apple#Tim Cook#Reuters#iPhone 17
Record quarter leads to new $100B share buyback, increased dividend
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Apple reported a record fiscal second-quarter revenue of $111.2 billion for the period ending March 28, 2026, driven by strong iPhone 17 demand and all-time high Services revenue. The company announced a new $100 billion share buyback program and a 4% increase in its quarterly dividend to $0.27 per share. Despite growing earnings and cash flow, Apple maintained its capital return strategy without significant shifts toward AI spending or new initiatives.

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AppleInsider
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News Record quarter leads to new $100B share buyback, increased dividend Andrew Orr 0 e-mail BlueSky Mastodon X Facebook Reddit Thu Apr 30 2026, 04:57 PM EDT · 2 minute read Apple posts its latest earnings results Apple reported $111.2 billion in revenue for its fiscal second quarter on April 30, delivering growth, record March-quarter results, and a new $100 billion share buyback. "Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment," CEO Tim Cook said. "iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup." Results for the quarter ended March 28, 2026, beat expectations, with earnings per share of $2.01, up 22% year over year.

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