AP
Apple delivered significantly better than expected iPhone sales. It sold 43.7 million iPhones versus analyst forecasts of 37.7 million iPhones. That represented 17% growth. Analysts were expecting low single digit growth.
Apple is the iPhone company. The iPhone was 57% of Apple's sales. A healthy iPhone business, means a healthy Apple.
Apple also announced plans to increase its stock buyback, dividend, and stock split.