Electronics | featured news

Apple, for the first time, will pay dividends to investors

Apple Cash

Apple, one of the world’s richest companies, will reward investors with a dividend- and share-purchase program totaling $45 billion over three years, the company said Monday. In a departure from the direction of late chief executive Steve Jobs, Apple will significantly draw from its massive $98 billion cash war chest to initiate a quarterly dividend of $2.65 per share sometime in the fiscal quarter beginning July 1.

 

Report: Tablets helping improve news consumption

Mobile technology appears to be increasing the public appetite for news but it's far from clear whether the news industry will profit from that, a study issued Monday concluded.

 

Apple to Announce Plan for Its Cash

iPhone

Apple has finally decided what to do with its cash hoard of nearly $100 billion. The company issued an unusual media alert on Sunday evening saying it planned to announce on Monday morning the long-awaited outcome to a discussion about what to do with its cash balance.

 

Apple firestorm leads artist to change his show

Apple

Mike Daisey, the off-Broadway performer who admitted that he made up parts of his one-man show about Apple products being made in Chinese sweatshops, has cut questionable sections from the monologue and added a prologue explaining the controversy.

 

$160 virtual doll iPhone app comes with 'intense sexual content' warning

iPhone Apps

Ranked No. 16 in the iTunes App Store's "Top Grossing Apps" is an app called "Girl With Clothes." Released March 13, we have some inkling about why this app is such an overnight success. It's probably the monster $160 price tag -- though the vague promise of "intense sexual content" probably doesn't hurt, either.

Senh: You know it's just a matter of time. I'm surprised it's taken this long.

 

Media Decoder Blog: 'This American Life' Retracts Episode on Apple's Suppliers in China

The show says it was misled by Mike Daisey, whose one-man show "The Agony and the Ecstasy of Steve Jobs" was the basis of a program that aired in January. Mr. Daisey responded, "I stand by my work."

 

Apple Lines Small, But Analysts Still See 'Off-the-Charts' Sales

iPad 3 Lines

Maybe it just seemed that way, but in the moments before Apple opened the doors to its Palo Alto, California store — hometown to former Apple CEO Steve Jobs and current CEO Tim Cook — there seemed to be as many blue-shirted salespeople inside getting pumped up for the day as there were blanket-wrapped fans in the line outside.

 

Walmart to start selling new iPad at 12:01 a.m.

Walmart's 24-hour stores will start selling the least-expensive version of the new iPad at 12:01 a.m.

 

Apple stock tops $600 day before new iPad release

iPad 3

Shares of the Silicon Valley giant has touched $600 for the first time, about a month after reaching the $500 mark.

 

Apple hit with Siri suit over what the program can really do

Ever find yourself frustrated with how smoothly Siri seems to work for the folks in Apple’s commercials but not for you? A New York man has filed a class-action suit against Apple, saying that the company has been “misleading and deceptive” about what the iPhone 4S virtual assistant can do.

 

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