Apple (AAPL) reported Q2 FY 2020 earnings of $2.55 per share (versus $2.46 per share in Q2 FY 2019), beating analysts' consensus estimate of $2.26 per share.

The company's quarterly revenues amounted to $58.313 bln (+0.5% y/y), beating analysts' consensus estimate of $54.643 bln.

The company did not provide Q3 FY 2020 guidance for revenues or gross margins. Apple's CEO Tim Cook told CNBC they were not giving guidance due to a lack of visibility.

Meanwhile, Apple raised its dividends by 6.5% to $0.82/share from $0.77/share and authorized an increase of $50 bln to its existing share repurchase program.

AAPL fell to $286.00 (-2.65 %) in pre-market trading.