Keep pulling the thread on Mark Gurman.
Apple's second quarter revenue was $111.18 billion, beating analyst estimates.
Apple reported second quarter earnings per share of $2.01, which was above analyst estimates.
Apple's second quarter iPhone revenue was $56.99 billion, which was just above analyst estimates.
Apple's board authorized an additional share buyback program of up to $100 billion.
Apple's revenue from Greater China in the second quarter was $20.5 billion, exceeding the estimate of $18.91 billion.
Apple's gross margin for the second quarter was 49.2%, beating the consensus estimate of 48.5% and representing a 200 basis point improvement year-over-year.
Apple generated over $28 billion in operating cash flow during the March quarter, a record for that period.
Apple's second quarter revenue for wearables, home, and accessories was $7.9 billion, beating estimates.
Apple's board of directors declared a cash dividend of $0.27 per share.
Apple's iPhone division achieved a revenue record for the March quarter.
Third-party data indicates that Apple is gaining market share in China.
Apple has gained a competitive advantage in China as higher-end Android phone manufacturers have raised their prices in the last 60 to 90 days.