AAPL increases share buyback program by $50B and hikes its dividend by 6%.
- Apple Q2 EPS $2.55 vs. $2.26 estimate
- Q2 revenue $58.3bn vs. $54.54bn estimate
- Apple did not offer third quarter guidance.
- iPhone sales dropped 6.5% vs. Q2 2019
Last year the buyback was jacked up by $75bn, this year by $50bn in comparison. So there is that.
