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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.

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.

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.

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.

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.

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.

CEO Tim Cook decided on a new course for the Cupertino, Calif., company regarding shareholders. We have plenty of cash to run our business, he said.

U.S. stocks were poised for a lower open on Monday, indicating equities may pull back from nearly 4-year highs after cash-rich Apple said it will begin paying a dividend and buying back stock.

Apple Inc, the world's most valuable company, said Monday it will initiate a regular quarterly dividend of $2.65 a share in July and will buy back up to $10 billion of its stock starting in fiscal 2013.

Apple announced it will repurchase as many as $10 billion worth of shares now. Later this year, it plans to pay an initial dividend of $2.65 a share.

Speculations are rife that Apple will launch the next generation iPhone in the second half of 2012. However, Apple fans have already started crowding the Web with speculations on what features the next iPhone will offer to its users.

Samsung Galaxy tab 2 10.1 is competing with Apple's new iPad. See how the Android devices stack up against Apple's best bet.

European markets lost ground as the lack of positive catalysts prompted a pause in the recent string of gains, while Asian stocks were mostly higher.

U.S. stock index futures slipped on Monday, indicating equities may pull back from nearly 4-year highs as investors waited to hear what Apple will do with its massive $98 billion cash stockpile.

U.S. stock index futures slipped on Monday, indicating equities may pull back from nearly 4-year highs as investors waited to hear what Apple will do with its massive $98 billion cash stockpile.

Apple Inc, the world's most valuable company, will discuss on Monday what it plans to do with its $98 billion cash hoard, raising expectations it may meet demands to pay a dividend for the first time since 1995.

Apple, whose stock is currently trading at $585, has announced that it will be holding a conference call on Monday morning to discuss the company's plans for its approximately $100 billion in cash reserves.

With Apple issuing a statement that it will make an announcement Monday regarding the discussions about its cash balance, there is high expectation that this time it will pay a dividend.

Apple Inc. -- the world's most valuable publicly traded company by its market capitalization of $545.97 billion -- will conduct a conference call to announce the outcome of discussions concerning its cash balance on Monday at 9 a.m. EDT, which is before the U.S. equity-market open.

Apple Inc. said it would host a conference call on Monday morning to discuss the outcome of discussions about its cash balance as investors clamor for a return from its massive holdings.

Apple Inc said it would host a conference call on Monday morning to discuss the outcome of discussions about its cash balance as investors clamor for a return from its massive holdings.

A group of 22 Chinese authors have filed a claim against U.S. technology group Apple, alleging its App Store sells unlicensed copies of their books, Chinese state media reported on Sunday.

In a survey that will surely make Apple happy, almost half of those waiting in line for the new iPad were first-time iPad buyers.

The Retina Display in the new iPad features 2048×1536 pixels, which is about 3.1 million pixels packed into a 9.7-inch screen. That's roughly 1 million more pixels and than in an HDTV, and frankly, with my HDTV on in the background, I'd rather look at the iPad.

Apple Friday launched its newest and undoubtedly the best tablet in United States and nine other countries, including Canada, Singapore, France, Germany and Britain.

The New iPad is here and, with the launch of this iPad, Apple is all set to reaffirm its role as the leading tablet maker. But despite the fact that the latest gadget is beautiful, the question is - was it the device the tablet fans had been waiting for?

A person at Goldman Sachs Group Inc, who has not been identified or charged in a broad U.S. insider-trading probe, was caught on a wiretap leaking secrets about Intel Corp and Apple Inc, a lawyer for former Goldman board member Rajat Gupta said in court on Friday.