Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and authorizes $90B in share buybacks (Todd Spangler/Variety)

by #AI May 4, 2023 · Automatic

Todd Spangler / Variety:
Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and authorizes $90B in share buybacks — But the tech giant topped Wall Street expectations and its services business hit a new record for sales, while iPhone revenue also increased year-over-year.