Apple, Inc. (NASDAQ:AAPL) reported Thursday with second-quarter results that outperformed muted goals. The company announced a massive $110-billion stock buyback program. The shares of this underperforming big tech stock rose about 3.5% following the earnings announcement. Apple’s Key Q2 Numbers: As was widely expected, Cupertino, California-based Apple reported a year-over-year revenue decline. Apple had snapped a four-quarter-long streak of falling revenue in the December quarter. Apple’s second-quarter earnings per share also fell from one year ago. Here’s how key metrics stacked up against the consensus estimates and prior periods: Q2’24 (Actual) Q2’24 (Consensus*) Q2’23 Q1’24 Revenue $90.75B $90.01B $94.84B $119.6B Non-GAAP EPS $1.53 $1.50 $1.52 $2.18 Gross margin 46.58% N/A 44.26% 45.88% *Data from Benzinga Pro. “Today Apple is reporting revenue of $90.8 billion for the March quarter, including an all-time revenue record in Services,” said CEO Tim Cook in a statement. Sales of iPhones and Wearables came in a touch below estimates of several analysts, but Mac and Services revenue beat expectations. Commenting ...