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Apple shares surge as second-quarter revenue tops forecasts
Apple shares surge as second-quarter revenue tops forecasts

After weeks of anxiety among investors over Apple Inc.'s fiscal second-quarter results, the company delivered a one-two punch of good news Wednesday that sent its stock soaring. First, Apple posted revenue for the three months ending in March that beat both Wall Street's projections and its own guidance. And second, the company said it was expanding its record stock buyback and dividend plan to $130 billion from $105 billion. "We are announcing a significant increase to our capital return program," Apple Chief Executive Tim Cook said in a statement. "We're confident in Apple's future and see tremendous value in Apple's stock." Apple also announced a 7-for-1 stock split.VIDEO:...

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