Apple's China 28% Surge, India Gains Signal Multi-Quarter Growth Beyond Q2 Peak

As of May 6, analysts frame Apple's Q2 blockbuster as a launchpad for sustained expansion, driven by Greater China revenue up 28.1% to $20.4B and double-digit India growth offsetting intensifying memory shortages. The saga began April 30 with fiscal Q2 results: $111.2B revenue (+17% YoY), $2.01 EPS (+22%), iPhone $57B (+22%), Services $31B (+16% at 76.7% margin). Management guided Q3 revenue +14-17%, authorized $100B buyback, hiked dividend 4% to $0.27/share, named John Ternus CEO for September, lifting shares to $284 YTD high despite memory costs capping Q3 margins at 47.5-48.5%.