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Apple (AAPL) this afternoon reportedfiscal Q2 revenue that was roughly in line with consensus, and profit a few pennies per share better than expected, on weaker-than-expected iPhone units sold.

The company also beat with this quarter's revenue forecast, sending shares up sharply in late trading.

Apple also said its board approved a new $100 billion share-repurchase plan, and agreed to increase the quarterly dividend by 16% to 73 cents.

Apple expects to complete its existing $210 billion share-repurchase plan during the current quarter.

Apple stock is up $6.72, or almost 4%, at $175.82, in late trading.

Revenue in the three months ended in March rose 16%, year over year, to $61.1 billion, yielding earnings per share of $2.73.

Analysts had been modeling $61.15 billion in revenue, and EPS of $2.69.

The company sold 52.2 million iPhones in the quarter, compared with the consensus estimate for 53 million.

A miss on iPhones would not have surprised the Street, which has been cutting expectations right through this morning. And in fact the number is a little better than expectations as low as 49 million as of yesterday.

Apple said its revenue in the Americas was up 17%, while revenue in Greater China surged by 21%. It was up 22% in Japan.

Apple's sales of iPads rose 2%, year over year, to 9.1 million units. Sales of its Mac computers dropped by 3%, to 4.078 million units.

Apple's services revenue was up 31%, year over year, at $9.19 billion.

Its "other" category of revenue, which includes Apple Watch, AirPods headphones, and accessories, rose by 38%, to $3.95 billion.

For the current quarter, the company sees revenue of $51.5 billion to $53.5 billion, and a gross-profit margin of 38% to 38.5%. Analysts have been modeling revenue of $51.54 billion.

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