Apple announce dividend and share repurchase program as its stock value lingers around 600

Apple CEO Tim Cook announced in a Conference Call today a new dividend and share repurchase program. The company announced its plan to initiate a new quarterly dividend of $2.65 per share sometime during Q4 of fiscal 2012 beginning in July. In addition to the share dividend, Cook announced a new repurchase program for up to $10 billion … Continue reading “Apple announce dividend and share repurchase program as its stock value lingers around 600”

Apple boasts 500,000+ apps for App Store, 100+ million downloads from Mac App Store

Apple has just issued a Press Release this morning announcing that the Mac App Store has now surpassed over a hundred billion downloads, and that the App Store now has over half a million apps under its banner since its inception with over 18 billion downloads, growing at the rate of more than a billion downloads … Continue reading “Apple boasts 500,000+ apps for App Store, 100+ million downloads from Mac App Store”

HP sack Leo Apotheker; Meg Whitman is new CEO and President

And.. another one bites the dust. A little over 2 weeks ago we saw Carol Bratz fired as Yahoo CEO and today it was Leo Apotheker’s chance to get the boot from HP.  He has been replaced by former eBay CEO and one time candidate for California governor, Meg Whitman. Whitman’s appointment comes  at a crucial and somewhat … Continue reading “HP sack Leo Apotheker; Meg Whitman is new CEO and President”

It’s Official,Apple to release Lion OS,iOS 5 and iCloud at WWDC 2011

Almost everyday a new Apple news come and more often than not most of them are fake or predictions but this time its official directly from the headquarters of Apple. In a press release today Apple informed that it would release the Lion OS,iOS 5 and iCloud at WWDC 2011. Apple’s Press Release below CUPERTINO, … Continue reading “It’s Official,Apple to release Lion OS,iOS 5 and iCloud at WWDC 2011”

iPhone 3GS in India: Release date, Price revealed

Just a couple of days ago we told you about Airtel’s tie up with Apple to land the iPhone 3GS in India and, less than 100 hours later, here we are with an official release date and estimated price of the Apple masterpiece. Bharti Airtel has now issued a formal press release revealing that the … Continue reading “iPhone 3GS in India: Release date, Price revealed”

Apple to launch iPad on April 3rd; Pre-orders begin March 12 onwards

After much speculation that the Apple iPad will hit the shelves later this month, iPad fans will have to wait a little longer for the 3rd April release. Apple have released a statement announcing the availability of the news-hungry and eagerly awaited Apple iPad from Saturday, April 3rd onwards. The pre-orders, though, begin next Friday … Continue reading “Apple to launch iPad on April 3rd; Pre-orders begin March 12 onwards”