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How to spend a $100 billion: Ask Apple

Mar 19, 2012
Apple earns only about 1% interest by hoarding its pile of cash reserves. Today, it announced how it would start earning investor love with a stock buyback and dividends.
Posted In: apple, dividends, stock buybacks

Apple, changing to the core, offers dividend

Mar 19, 2012
Apple, after amassing nearly $100 billion in cash, bows to shareholder pressure for a dividend. Investors want Apple to keep growing fast too.
Posted In: apple, dividends

Daisey lied, but factory working conditions in China still lag

Mar 19, 2012
Mike Daisey made up the details of his first-hand account of dismal working conditions at Apple factories in China for his stage play and the radio program This American Life. But for workers in China, the issues are real.
Posted In: mike daisey, apple, Foxconn, this american life

Apple to buy back $10 billion stock, pay dividend

Mar 19, 2012
Apple CEO Tim Cook said in a conference call today it would start spending down its nearly $100-billion pile of cash with a $10 billion share buyback and a quarterly stock dividend of $2.65 a share.
Posted In: apple, stock buybacks, dividends, tim cook

An acclaimed Apple critic made up the details

Mar 16, 2012
The monologist Mike Daisey’s account of Chinese factory conditions in “The Agony and Ecstasy of Steve Jobs” made people think differently about their iPhones and iPads. But after an adaptation aired on This American Life, reaching China, an investigation there of his allegations found they were fabricated. Given other news reports on the conditions, will that matter?
Posted In: apple, Foxconn, iPhone, factory, workers

Apple wants to buy your old iPad

Mar 16, 2012
Apple is willing to buy older iPads from customers who will upgrade to the latest model. Customers get store credit, and Apple gets part of the resale market.
Posted In: apple, iPad

Lines for newest Apple product smaller than normal

Mar 16, 2012
The somewhat highly anticipated new iPad model goes on sale today in stores around the U.S. But will it sell as quickly as previous editions?
Posted In: apple, iPad

Justice Department to sue e-book publishers, Apple

Mar 9, 2012
The Department of Justice is reportedly ready to sue over anti-competitive practices in the electronic book business.
Posted In: apple, e-books, Amazon, games, video games

Apple’s new iPad: Is it a wow or is it a meh?

Mar 8, 2012
A round-up of opinion on the new new thing.
Posted In: apple, iPad, Facebook

Apple fights for 'iPad' in China

Mar 8, 2012
A day after Apple announced the latest iPad, the company is just as busy in China, where its lawyers are fighting a court decision that ruled Apple doesn't own the trademarked name 'iPad' there.
Posted In: China, iPad, apple

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