Apple exceeded forecasts in Q2 despite an 8% sales drop in China. iPhone revenue at $45.96 billion was better than expected, reassuring investors about demand.
Apple announced $110 billion share buyback and increased dividend per share, showcasing confidence in future and aiming to please investors in a volatile market.
Analysts optimistic about Apple's future citing solid financial outlook and potential AI innovations. CEO forecasts single-digit sales growth, but the company is believed capable of outperforming.
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