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Apple Inc CEO Tim Cook, moving swiftly after taking over from late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years.

Shares in Sprint Nextel fell 4.5 percent on Monday after an analyst report said there is an increasing risk that the No. 3 U.S. mobile provider could end up filing for bankruptcy as the debt-laden company faces tough competition and steep costs due to factors such as its iPhone deal with Apple Inc.

In three short days, Apple has sold off more three million copies of its third-generation iPad, simply called the new iPad, the company said in a statement released Monday. The new iPad features a stunning new Retina Display, which is the best screen to ever grace a tablet, the speeds of 4G LTE connectivity, an improved 5-megapixel iSight rear camera, and a bigger battery to power 10 hours of life.

It was only a matter of time before iPad users found a problem with the new tablet and that time has come, with complaints of overheating and long battery charge time flooding into online Apple forums.

Apple (Nasdaq: AAPL) closed above $600 a share for the first time after announcing a $10 billion share buyback with plans for a $2.65 share dividend later this year.

When it comes to new smartphones and tablets, LTE technology is one of the most up and coming features to hit the mobile market. Rumors and speculations say that devices such as the iPhone 5 and Samsung Galaxy S3 will sport the high-speed Internet connection, but a new smartphone from HTC may bump its way into the competition.

Apple (AAPL) shares soared on Monday, breaching the 600 mark a few times before finally settling on 601, after the Cupertino, Calif.-based tech company decided to share some of its $100 billion in cash with its investors. Apple announced it would reward shareholders by launching a quarterly dividend and a stock buyback program that will pay out about $45 billion over three years, set to go into effect later this year.

Apple Inc. (Nasdaq: AAPL) downloaded $45 billion, to borrow a phrase from the Financial Times, to its shareholders Monday, lifting both its own stock and the already buoyant broader market.

Apple (AAPL) is feeling generous. After a record-breaking quarter announced in January and a record-breaking launch weekend for the new iPad, Tim Cook decided to share some of Apple's $100 billion in cash on Monday to fulfill a deep-seated desire of investors, announcing a quarterly dividend and a three-year shares buyback program to go in effect later this year.

When the late Steve Jobs had a will, he often got his way. That's why Apple hasn't paid a dividend since 2005.

The next generation iPhone, currently dumbed as the iPhone 5,its gootball is expected to be the biggest launch in Apple's history, according to a UBS analyst, who predicts a significant boost in Apple's price target.

On Friday, March 16, UBS analyst Maynard Um issued two research notes on Apple Inc. In the first note, the analyst raised Apple’s price target from US$550 to $675, expecting the launch of a new iPhone later this year to be the biggest launch in Apple’s history. In the second note, Um deemed the launch of the new iPad a success.

Apple CEO Tim Cook has acknowledged that the company has too much cash lying around - nearly $100 billion just sitting in the bank. The CEO admitted so much cash is unnecessary, and should be spent on advancing the company.

Each time Apple releases a new product, research teams such as IHS iSuppli take it apart and strip it to its components to analyze costs and profits. And, according to the latest analysis, Apple seems to be making less profit with the new iPad than it did with the iPad 2, as the component parts for the new device are more expensive.

Shares in Sprint Nextel fell more than 4 percent after an analyst report said there is an increasing risk that the No. 3 U.S. mobile provider could end up filing for bankruptcy as the debt-laden company faces steep costs due to factors such as its iPhone deal with Apple Inc .

U.S. stocks rose on Monday with the S&P 500 now less than 10 percent away from its historic closing high of October 2007, buoyed by Apple after the company said it will pay a dividend and buy back stock.

Industry sources have confirmed that Google is developing a low-budget tablet in an attempt to bolster a floundering stable of Android-based tablets. The rumored 7-inch tablet, dubbed the Nexus Tablet, could cost the same price as the Amazon Kindle Fire, $199, or even better -- $149.

Stocks were little changed on Monday, hovering near 4-year highs, while shares of Apple rose after it said it will begin paying a dividend and buy back stock.

Excitement over Apple's New iPad 3 release last week has waned as overheating rumors have emerge, casting doubts on whether the tablet is all it's cracked up to be.

The much speculated and highly anticipated third generation iPad from Apple has finally been announced by the company. Though it has been considered as a revolutionary device, it still has to face a tough competition from the other big guns in the arena.

Samsung Galaxy S2 has been voted as the best smartphone till date on most of Internet polls. Now, even a better smartphone is coming as Samsung is going to change their flagship very soon with Galaxy S3, which is believed to be in development.

Apple Inc CEO Tim Cook, moving swiftly after taking over from the late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years.

I've said it before: The new iPad is an incredible device. It's gorgeous, it's agile, it works on speedy 4G LTE networks, and it has all of the applications for news, games, music, movies, entertainment and productivity that you could possibly want. Yet, when you give the device an honest shake, you realize that there are still a few problems to it.

The new iPad is out and sales are skyrocketing everywhere the device is sold. But let us focus a little bit on the previous tablet, the iPad 2. It is still the undefeated champ with sales in the tens of millions. However, as great as a device it is, the Apple iPad 2 was and is still prone to breaking more easily than its predecessor, the original iPad, something we haven’t seen many bloggers talking about since the device launched back in 2011.

Apple’s latest tablet, simply dubbed the ‘new’ iPad, is a top competitor in the mobile market, hinting at intentions of inhabiting the gaming atmosphere as well. However, Sony’s shiny new gaming tech device, the PS Vita, may be a gadget fit to rival top notch smartphones in addition to portable video game systems.

Apple Inc will start paying a regular quarterly dividend of $2.65 a share in July and buy back up to $10 billion of its stock beginning in the next fiscal year, the world's most valuable company said on Monday.

Stocks were little changed on Monday, as equities stayed within reach of nearly 4-year highs and after cash-rich Apple said it will begin paying a dividend and buying back stock.

Apple Inc said it plans to pay a quarterly dividend of $2.65 per share and authorized a $10 billion stock buyback program to be carried out over three years.

As the world's largest company with a market cap of more than half a billion dollars, Apple Inc. [AAPL] is sitting on a large pile of cash upwards of $100 billion and decided Monday to institute a $2.65 a share quarterly dividend and buy back $10 billion in stock, the tech behemoth announced today.