Apple’s Tim Cook: We has ‘Record Weekend’ Of New iPad Sales

Posted on Mar 19 2012 - 1:35pm by Editorial Staff

Today during Apple’s conference call, Apple’s Time Cook has just delivered the most awaited news regarding the company’s new iPad sales performance and according to Cook, the new device has let the company broken all the records it set in previous sales and even further he stated that the entire team is “thrilled with it.” Although today’s call was mainly about the company’s share repurchase and dividend plans, spending some $45 billion over the next three years. Apple will initiate a quarterly dividend of $2.65 a share in the fiscal fourth quarter, which begins on July 1, 2012. It has already set a $10 billion share repurchase program in place which will begin in fiscal 2013, starting September 30, 2012.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.