Apple Revenue Beats Wall Street View, Doubles Capital Return

Apple reports better-than-expected revenue.

CUPERTINO, CALIFORNIA, UNITED STATES (REUTERS) - Apple Inc reported better-than-expected second quarter revenue of $43.6 billion (USD), reflecting strong sales of the iPad and iPhone.

Wall Street's average forecast for Apple's revenue was $42.3 billion, according to Thomson Reuters I/B/E/S.

The company also announced an expanded cash return program for shareholders.