Apple to announce plans for cash pile

News Wireless Global 19 MRT 2012
Apple to announce plans for cash pile
Apple announced it will hold a conference call on 19 March to discuss with investors what it plans to do with its almost USD 100 billion in cash and investments. CEO Tim Cook and CFO Peter Oppenheimer will host the call. Analysts expect Apple will start paying a dividend to shareholders.

Categories:

Mobile

Companies:

Apple

Regions:

Global

Tags:

Consumer devices, Finance, Handsets

Related Articles

GLOBAL 19 MRT 2012

Apple confirms plans for dividend, share buyback

Apple announced plans to start paying shareholders dividends and spend up to USD 10 billion on a share buyback. Apple said it will start paying a quarterly dividend of USD 2.65 per share sometime in its fiscal fourth quarter, which starts on 01 July. The repurchase of the company's shares will start in fiscal 2013, which begins on 30 September, and will take over three years to reach the target amount. The main aim of the buyback is to offset earnings dilution from the issue of stock and options to employee

GLOBAL 19 MRT 2012

Apple betaalt wellicht dividend

Apple maakt bekend dat het vandaag, 19 maart, een conference call zal houden met investeerders. Tijdens de call zullen de plannen met betrekking tot de 100 miljard dollar in cash en investeringen bediscussieerd worden. CEO Tim Cook en CFO Peter Opperheimer zullen de call voorzitten. Analisten verwachten dat Apple zal starten met het betalen van dividend aan aandeelhouders.

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.