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All posts tagged "cash"


Monday, March 19, 2012

Apple Announces Dividend and Stock Buyback Program This Morning

Posted by Jeff Campbell in "Apple News" @ 08:50 AM

http://www.macobserver.com/tmo/arti...=rss_everything

"Apple announced it a shareholder dividend and stock buyback program on Monday, and Sterne Agee analyst Shaw Wu thinks the plan is a good idea. Company CEO Tim Cook and CFO Peter Oppenheimer discussed the program during a special conference call with analysts early Monday morning."

Apple has built up a cash surplus of $97 billion dollars from short term investments, so it really had to do something with all that money. Before the fiscal year ends this fall, Apple will start the $2.65 USD per share dividend, as well as a program to buy back roughly $10 billion in shares before the end of the calendar year. Good news for stockholders.


Thursday, May 20, 2010

You Can Now Buy an iPad With Money, Real Money

Posted by Jeff Campbell in "Apple News" @ 10:00 AM

http://gizmodo.com/5543257/apple-fi.../full+(Gizmodo)

"Until now, you could not purchase an iPad with cash. Instead you had to swipe a credit card and make it easier for Apple to make sure that you're obeying the two-iPads-per-person limit."

This changed because a woman named Diane Campbell went into the Palo Alto CA store to purchase an iPad, with of all things cash, and was politely turned away. This was one way the company used to enforce the two iPad per person policy, but it wasn't very well thought out. So they reversed it and rightly so, and in the process Diane Campbell was hand delivered a free iPad for her trouble. Nice.


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