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Posted On: 04/24/2013 4:45:04 AM
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Posted By: testuser
Apple to dole out $100B to shareholders

In this Monday April 1, 2013 photo, a man leaves an Apple store with an iPhone and an iPad in his hands in central Beijing, China. Apple Inc., the maker of the iPhone and iPad, reports quarterly financial results after the market closes on Tuesday. April 23, 2013. (AP Photo/Alexander F. Yuan) NEW YORK (AP) — Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.



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