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.
Wendy Li
Mar 19, 2012
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.
Dave Smith
Mar 19, 2012
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.
Lisa Eadicicco
Mar 19, 2012
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.
Dave Smith
Mar 19, 2012
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.
Dave Smith
Mar 19, 2012
When the late Steve Jobs had a will, he often got his way. That's why Apple hasn't paid a dividend since 2005.
David Magee
Mar 19, 2012
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.
Ceylan Yeginsu
Mar 19, 2012
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.
Surojit Chatterjee
Mar 19, 2012
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.
Surojit Chatterjee
Mar 19, 2012
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.
Surojit Chatterjee
Mar 19, 2012
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.
Prarthito Maity
Mar 19, 2012
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.
Surojit Chatterjee
Mar 19, 2012
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.
IBT Staff Reporter
Mar 19, 2012
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.
Dave Smith
Mar 19, 2012
Simsimi, the hottest iPhone, Android and iPad conversation app on the market, keeps on talking.
Connor Adams Sheets
Mar 19, 2012
Android 4.0 Ice Cream Sandwich is coming soon to U.S. Samsung Galaxy S2 owners, but will that be enough for it hold off the Apple iPhone 5? The Galaxy S2 is one of the most popular smartphones in the world, but a software update to Android 4.0 won't be enough to slow down Apple.
Anthony Myers
Mar 19, 2012
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.
David Zielenziger
Mar 19, 2012
If you have purchased a Verizon iPad Wi-Fi + 4G LTE, you will get a pleasant surprise at the same time, at least for now - you can also surf the web on AT&T’s network on your Verizon iPad, although the tech giant could have opted to restrict the device's operation on other networks.
Wendy Li
Mar 19, 2012
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.
Kukil Bora
Mar 19, 2012
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.
Kukil Bora
Mar 19, 2012
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.
Bhaskar Prasad
Mar 19, 2012
Foxconn Technology Group, the top maker of Apple Inc's iPhones and iPads, said on Monday it had no plans to take legal action over a U.S. radio program about its activity in China, parts of which have been retracted.
IBT Staff Reporter
Mar 18, 2012