APPLE’s latest hot ticket seems to be a tad too hot to hold, some users are reporting. New iPad owners on the MacRumors forums and Apple’s own support community complain that the slab’s lower left corner can get a little warm during extended use. Don’t get excited though, reports seem to vary by user — some are reporting that their tablet becomes too uncomfortable to hold while others say that it only gets “slightly warm” and that it’s “expected.” How’s your new iPad treating you? Click on through to the comments and let us know.
This publication is from Apple
Apple Expects to Spend $45 Billion Over Three Years
CUPERTINO, California—March 19, 2012—Apple® today announced plans to initiate a dividend and share repurchase program commencing later this year.
Subject to declaration by the Board of Directors, the Company plans to initiate a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1, 2012.
Additionally, the Company’s Board of Directors has authorized a $10 billion share repurchase program commencing in the Company’s fiscal 2013, which begins 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.
“We have used some of our cash to make great investments in our business through increased research and development, acquisitions, new retail store openings, strategic prepayments and capital expenditures in our supply chain, and building out our infrastructure. You’ll see more of all of these in the future,” said Tim Cook, Apple’s CEO. “Even with these investments, we can maintain a war chest for strategic opportunities and have plenty of cash to run our business. So we are going to initiate a dividend and share repurchase program.”
“Combining dividends, share repurchases, and cash used to net-share-settle vesting RSUs, we anticipate utilizing approximately $45 billion of domestic cash in the first three years of our programs,” said Peter Oppenheimer, Apple’s CFO. “We are extremely confident in our future and see tremendous opportunities ahead.”
Apple will provide live streaming of a conference call to discuss its plans beginning at 6:00 a.m. PDT on Monday, March 19, 2012 at www.apple.com/quicktime/qtv/call31912. The Company will not be providing an update on the current quarter nor will any topics be discussed other than cash. This webcast will also be available for replay for approximately two weeks thereafter.
This press release contains forward-looking statements including without limitation those regarding future business outlook and plans for dividends and share repurchases. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 24, 2011 and its Form 10-Q for the fiscal quarter ended December 31, 2011. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad.
TODAY Apple (NASDAQ:AAPL) announced it has sold three million of its new iPad, since its launch on Friday, March 16.
The new iPad features a stunning new Retina display, Apple’s new A5X chip with quad-core graphics, a 5 megapixel iSight camera with advanced optics for capturing amazing photos and 1080p HD video, and still delivers the same all-day 10 hour battery life while remaining amazingly thin and light. iPad Wi-Fi + 4G supports ultrafast 4G LTE networks.
KICKSTARTER is the world’s largest funding platform for various types of projects. Every week, tens of thousands of amazing, creative people pledge millions of dollars to projects from the worlds of music, film, art, technology, design, food, publishing and other creative fields. Something that is different about Kickstarter is that it is not about investment or lending. Project creators keep 100% ownership and control over their work. Instead, they offer products and experiences that are unique to each project. Another interesting part of Kickstarter is, on Kickstarter, a project must reach its funding goal before time runs out or no money changes hands at all. You may ask why, their answer is so that it protects everyone involved. Creators aren’t expected to develop their project without necessary funds, and it allows anyone to test concepts without risk.
If you would like to help some inventors with as large or small of a donation as you wish. Or if you have your own genius idea that you might need some funding for, visit Kickstarter.
TODAY, Google has opened up registration for Google Code Jam 2012. This year thousands of students, professional programmers and freelance code wizards will pit their ingenuity against a new set of algorithmic challenges concocted by our tireless team of red-eyed, LED-illuminated problem writers.
Last year’s champion, Makoto Soejima, was asked to build a house for kittens, serve food to hungry mathematicians, escape from a shady casino and help Goro control his anger. Who knows what our problem writers have on their minds this year?
Code Jam is a world-wide programming competition in which contestants may use any programming language to solve algorithmic problems. The qualification round takes place April 13, followed by three online rounds in the following months. At the end of it all, the top 25 contestants will be invited to Google’s New York office on July 27 for a final match up and a chance to win $10,000. If you are up for the challenge,throw your hat into the ring now.
Registration will open March 13, 2012 and will close on April 15, 2012. To view the schedule, frequently asked questions and more information, please visit the Google Code Jam Page.
AN Android version of the extremely-popular photo-sharing app will be released “very soon,” according to the company’s founder. The arrival of the new app will end months of frustration for photographers who carry Android devices and can’t participate in Instagram’s white-hot world of social photography. Instagram earned the honor of being Apple’s iPhone app of the year for 2011. The Instagram team has not yet given a date of release.
“And because we’re making these changes, over time we’ll be able to improve our products in ways that help our users get the most from the web.”
Google has made it very obvious that your ability to control what they see and use stays the same. The privacy controls are not changing.
You can visit the Google Post to find more about the update.
IF you love using Twitter just like millions of others around the world and are great with computers, you might want to think about applying for a job. Twitter currently has many job openings. The positions range from Account managers to software engineers. Along with the cool ability of saying “I work at Twitter”, you also get great benefits such as gym access, vacation time, medical/dental plans and more.
If you think that you have what it takes to be an employee at Twitter, please view their Jobs page.
REVOLVER MAPS is a very cool widget that you can embed into your website. The widget allows you to see where your website visitors are coming from. Every visitor leaves an eternal dot on the globe, recent visitors are tagged by the labels showing flag, city and state. The Revolver Map is also EXTREMELY easy to set up. It only takes a matter of seconds (no registration required). Overall, this is a really cool widget. I would recommend it.
If you would like learn more, or get your own Revolver Map, please visit their site.
THERE is currently an iPhone game that is being sold; that Justin Bieber does not like very much. Justin dislikes it so much that he is deciding to sue the company, RC3, that developed the application. This app is a cartoon game, in which the user floats down a river, defending Joustin’ from the phot-hogs. His lawyers have created a case and desist letter to RC3, demanding they cease production and sales. Lawyers for Justin want the app removed from iTunes and they want an accounting of all revenues collected by RC3. But RC3 says hogwash and will continue selling the 99 cent app, claiming it’s a parody and therefore protected by the First Amendment to the Constitution.
To view the court documentation and Letter, see the link below.