Apple Inc. reported its Q2 2024 earnings, revealing a mixed financial performance amid challenging market conditions. The company posted earnings per share (EPS) of $1.53, slightly above the consensus estimate of $1.51, with total revenue reaching $90.8 billion, also surpassing expectations of $90.6 billion. Despite these gains, Apple's revenue saw a decline of 4% year-over-year, with significant downturns in iPhone sales, particularly in China where sales fell by 8.1%. iPhone sales were down 10% year-over-year, while Mac, iPad, and Wearables revenues stood at $7.45 billion, $5.56 billion, and $7.9 billion respectively. However, the decline in China was less severe than anticipated, sparking some optimism. Apple's services sector continued to grow, achieving a new revenue record. Additionally, Apple announced a massive $110 billion stock buyback program, aiming to bolster shareholder value amidst the current market volatility.