Telecom Lead
America: Apple has sold 3 million units of iPad 3 since sales began on Friday,
setting a first-weekend record for the iPad, which for the first time came with
4G capability.
The company
said that the latest version of the iPad would be sold in 24 more countries by
March 23, including Italy and Spain, in addition to the initial 11.
Apple plans dividend and share buyback
Devices major
Apple said it will offer a quarterly dividend of $2.65 a share in July and will
buy back up to $10 billion of its stock, which will begin on September 30,
2012.
The
repurchase program is expected to be executed over three years, with the
primary objective of neutralizing the impact of dilution from future employee
equity grants and employee stock purchase programs.
According to
IDC, Apple is the current tablet market leader with 54.7 percent
in Q4 2011 Apple shipped 15.4 million units in Q4, up from 11.1 million units
in Q3 2011, representing 54.7 percent market share.
