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Apple Fiscal Q2 Earnings, Revenue Rise

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Apple (AAPL) reported fiscal Q2 earnings late Thursday of $2.01 per diluted share, up from $1.65 a year earlier.

Analysts polled by FactSet expected $1.95.

Revenue for the three months ended March 28 was $111.18 billion, up from $95.36 billion a year earlier.

Analysts surveyed by FactSet expected $109.46 billion.

The company raised its quarterly dividend to $0.27 per share from $0.26, payable May 14 to stockholders of record May 11.

The company also authorized a stock buyback program to repurchase up to $100 billion of common shares.

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