iPhones Sink, Buybacks Soar, Hold onto Your Hats

So, their fiscal Q2 earnings are in, and guess what? They managed to slightly outdo Wall Street's predictions. But hold your iPhones tight because here comes the kicker: overall revenue took a 4% nosedive, and iPhone sales? Whew, they dropped by 10%! But wait, there's more! Apple's board just greenlit a whopping $110 billion for share buybacks, the biggest move they've ever made. And what does Tim Cook have to say about all this? Well, he's pointing fingers at a tough comparison to last year's numbers.

Listen up, gang, because when a company like Apple announces a share buyback of $110 billion, you better believe it's time to sit up and take notice!