Apple's Q2 Results Exceed Expectations, Shares Surge 6% as Tech Giant Gears Up for Developer Conference in June from symphony d53i softwares Watch Video

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✓ Published: 04-May-2024

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Apple's second-quarter results revealed better-than-expected sales and profits, boosting its shares by approximately 6% in pre-market trading on Friday. iPhone sales declined 10% year-over-year, better than feared, while Apple's Greater China revenue fell 8% but was above estimates. Earnings per share also topped estimates. Apple authorized an additional $110 billion for share repurchases and increased its dividend. Apple is dealing with slowing China sales and competition but saw growth there. Apple is gearing up new software and \