Apple Reports Record Services Revenue of $24.2B, Authorizes $110B Share Buyback
Apple Q2 results topped estimates with Services revenue at a record $24.2 billion. Total revenue was $90.8 billion, up 5% year-over-year. EPS of $1.53 beat the $1.50 estimate. The company announced a
TLDR
- โApple Services hit record $24.2B, total revenue $90.8B, up 5% YoY
- โEPS beat estimates at $1.53 versus $1.50 expected
- โCompany authorizes record $110B share buyback, largest in Apple history
Apple Q2 results topped estimates with Services revenue at a record $24.2 billion. Total revenue was $90.8 billion, up 5% year-over-year. EPS of $1.53 beat the $1.50 estimate. The company announced a record $110 billion share buyback authorization, the largest in Apple history.
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