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Finance News

Apple posts $11.6 billion profit for Q2 2012, iOS devices drive strong earnings

It’s pretty clear at this point: Apple’s not in danger of going out of business. Per Macworld, on Tuesday, Apple reported a net profit of US$11.6 billion on revenue of US$39.2 billion for the quarter ended March 31, 2012. Those are respective increases of 94 percent and 59 percent from the 2011 second quarter. Appleā€™s […]

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iPhone News

AT&T to begin unlocking off-contract iPhone units beginning April 8th

As much as AT&T may drive you crazy, you might like this. Per Electronista and Engadget, AT&T will begin unlocking certain iPhones in the (very) near future. As of April 8, customers that are either out of contract or bought contract-free will have the option of derestricting the phone’s SIM slot much like the already-unlocked […]

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iPad News

iPad 3 gains regulatory in China, exact launch date there unknown

If you’re over in China, the third-generation is en route and has gained government regulatory approval. And that’s a nifty thing. Per Engadget China, China’s Quality Certification Center granted iPad model number A1416 last week. That’s a sign that the Wi-Fi iPad could head to retail in China “soon.” Additional approvals are needed for the […]

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Firewire News

Apple to spend $45 billion over next three years on stock share, repurchase program, offer dividends

So what DO you do with those fat stacks of cash laying about? Per AppleInsider, following up on today’s financial news, Apple will initiate a dividend and share repurchase program, spending US$45 billion over the next three years. Apple’s new quarterly dividend will amount to US$2.65 per share. Assuming it is approved by the company’s […]

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Hardware News

Apple posts streaming video of iPad 3 press event

If a picture’s worth a thousand words, a video’s worth even more. Following its iPad 3 press event at the Yerba Buena Center for the Arts in San Francisco, Apple quickly posted streaming video of the event. The keynote was hosted by Apple Chief Executive Tim Cook, and featured presentations by other members of the […]