Apple just dropped its fiscal second-quarter numbers, and they're pretty good — good enough that Tim Cook is calling it the company's best March quarter ever. The iPhone maker reported revenue of $111.18 billion and earnings of $2.01 per share, beating Wall Street's expectations of $109.66 billion and $1.94 per share. That's a 17% revenue jump and a 22% earnings-per-share climb compared to last year.

The numbers were strong across the board. Americas brought in $45.09 billion, Europe $28.06 billion, Greater China about $20.50 billion, Japan $8.40 billion, and the rest of Asia Pacific $9.14 billion. Product revenue hit $80.21 billion (up from $68.71 billion), while services revenue came in at $30.98 billion (up from $26.65 billion).

Here's how the product categories stacked up:

• iPhone: $56.99 billion, versus $46.84 billion last year
• Mac: $8.40 billion, versus $7.95 billion last year
• iPad: $6.91 billion, versus $6.40 billion last year
• Wearables, Home and Accessories: $7.90 billion, versus $7.52 billion last year

Apple also noted that its active installed base of devices hit another all-time high across every major product category and geographic segment. That's a key metric because it shows not just how many new devices Apple is selling, but how many people are sticking with the ecosystem — and that's where the services revenue growth comes from.

“Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” said Tim Cook, Apple's CEO. “iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup.”

The company ended the quarter with $45.57 billion in cash and cash equivalents. Its board declared a quarterly cash dividend of 27 cents per share, up 4% from the previous quarter. That dividend is payable on May 14 to shareholders of record as of May 11. And in a move that will please buyback enthusiasts, the board also authorized an additional $100 billion share repurchase program.

Apple executives will discuss the quarter in more detail on an earnings call at 5 p.m. ET, where they typically offer guidance on how different product lines are expected to perform in the near term.

As for the stock reaction? Shares were down about 0.5% in after-hours trading, sitting at $269.98 at the time of publication. Heading into the report, Apple stock was roughly flat year-to-date. Sometimes a beat isn't enough to spark a rally — but with a $100 billion buyback and a dividend hike, long-term investors have plenty to smile about.