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Apple shares are set for a strong session on Wall Street after the iPhone maker declared its biggest share buyback alongside second quarter results. The company posted quarterly revenues of $90.8 billion (£72.4 billion), down 4% from a year ago but ahead of Wall Street forecasts after a record Services performance offset a 10% decline in iPhone sales. It is paying a dividend of 25 US cents a share, up 4%, and will also spend $110 billion (£87.7 billion) on its largest ever repurchase of shares.