-=Apple (AAPL) reported earnings on Tue 1 May 2018 (a/h)

Apple announces New $100 Billion Share Repurchase Authorization and increases quarterly dividend to $0.73/share from $0.63/share

Apple beats by $0.05, reports revs in-line; guides Q3 revs above consensus; adds $100 bln to buyback, raises dividend 16%(169.10 +3.84)

• Reports Q2 (Mar) earnings of $2.73 per share, $0.05 better than the Capital IQ Consensus of $2.68; revenues rose 15.6% year/year to $61.14 bln vs the $60.94 bln Capital IQ Consensus; gross margins of 38.3% versus 38.5% ests (guidance 38.0-38.5%)
• iPhone shipments 52.2 mln versus 52 mln ests & 50.8 mln last year.
• iPad shipments 9.1 mln versus 8.8 mln ests & 10.2 mln last year; Mac shipments 4.1 mln versus 4.1 mln ests & 4.2 mln last year
• Americas rev +17% to $24.8 bln; Europe +9% to $13.85 bln; China +21% to $13.0 bln; Japan +22% to $5.5 bln, other Asia/Pac +4% to $3.96 bln.
• Co issues upside guidancefor Q3, sees Q3 revs of $51.5-53.5 bln vs. $51.51 bln Capital IQ Consensus Estimate; gross margins of 38.0-38.5% versus 38.4% ests vs 38.5% last year. 
• "Customers chose iPhone X more than any other iPhone each week in the March quarter, just as they did following its launch in the December quarter. We also grew revenue in all of our geographic segments, with over 20% growth in Greater China and Japan."