Apple to pay dividend, start stock buybacks
Thirty-six years after its founding, Apple Inc. is finally loosening up its purse strings to reward shareholders directly, by instituting a dividend and share buyback program.
Thirty-six years after its founding, Apple Inc. is finally loosening up its purse strings to reward shareholders directly, by instituting a dividend and share buyback program.
Apple scheduled an announcement Monday on plans for its huge cash balance, estimated to be at least $97 billion from sales of its hugely successful gadgets like the iPad and iPhone.
(AP) -- Cisco Systems Inc., the world's largest maker of computer-networking gear, said Tuesday that it would pay its first dividend by July, the end of its current fiscal year.
Finnish mobile gaming company Rovio said on Friday that a movie based on its hit game "Angry Birds" could result in the group establishing an animation studio rivalling global giant Walt Disney.
LOS ANGELES - Apple Inc. may not have more money than God. But it's got more cash than Uncle Sam.