Apple Stories
Apple (AAPL) Stock Closes At 601, Boosted By Dividend, Shares Buyback Announcement
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 Juices An Already Buoyant Market: Daily Markets Wrap
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) Shares Soar After Dividend, Stock Buyback Announcement: Another Win For Tim Cook
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.
Apple Dividend Against Steve Jobs' Will, But Tim Cook Shows New Way
When the late Steve Jobs had a will, he often got his way. That's why Apple hasn't paid a dividend since 2005.
iPhone 5 Release: UBS Bumps Apple's Price Target Ahead of Launch
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.
Forget New iPad 3: iPhone 5 Launch May Make Apple Stock Zoom to $700
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 Uses $100 Billion Cash Pile to Issue Dividends, Buy Back Shares
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.
New iPad 3: Less Profit For Apple Compared to iPad 2?
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.
Wall Street hovers near 4-yr highs; Apple up
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.
New iPad '3' Release Excitement Wanes As Overheating Rumors Emerge
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.
Apple iPad 3, Motorola Xoom 2, Samsung Galaxy Note 10.1 and Asus Transformer Pad Infinity: Who Has the Upper Hand?
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 finally shares $98 billion cash hoard
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.
New iPad Review: 3 Features Apple Needs To Improve
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 sets dividend, stock buyback
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.
Instant View: Apple to pay dividend, buy 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.
Wall Street flat after Apple starts dividend
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 Announces Dividend, Share Buyback Plans
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.
Apple: 5 Reasons It Decided To Reward Investors
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.
Wall Street to open off after Apple starts dividend
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 to initiate dividend, share buyback
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: Sets $10B Share Buyback, $2.65/Share Dividend
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.
iPhone 5 Release Rumors: Will ‘Refined’ Ultrasonic Bonding Make Apple’s Next iPhone Stronger?
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.
iPad 3 vs. Galaxy Tab 2 10.1: Battle Between Apple and Samsung Still Rages
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.
US Futures Down Amid Apple Buyback, Dividend News
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.
Stock futures off after sharp run; Apple up ahead of call
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.
Futures dip after strong run; Apple eyed
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 to decide on its $98 billion cash pile
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 to Answer $100 Billion Question on Cash Stockpile: Top Speculations
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.
Apple's $98 Billion Cash Pile: Will it Finally Announce Dividend?
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's Cash Disposition To Be Discussed On Call Monday
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.