Edit: After half day, my wife’s Mac started having the same problem. I have then applied the solution that I found in the Apple
Apple Plans to return $100bn to Shareholders by the end Of 2015
Apple has just announced that they will be doubling its dividends for shareholders and this means a significant increase to a return on capital for investors in the company.
Press Release Below:
CUPERTINO, California—April 23, 2013—Apple® today announced that its Board of Directors has authorized a significant increase to the Company’s program to return capital to shareholders. The Company expects to utilize a total of $100 billion of cash under the expanded program by the end of calendar 2015. This represents a $55 billion increase to the program announced last year and translates to an average rate of $30 billion per year from the time of the first dividend payment in August 2012 through December 2015.As part of this program, the Board has increased its share repurchase authorization to $60 billion from the $10 billion level announced last year. This is the largest single share repurchase authorization in history and is expected to be executed by the end of calendar 2015. Apple also expects to utilize about $1 billion annually to net-share-settle vesting restricted stock units.Additionally, the Board has approved a 15% increase in the Company’s quarterly dividend and today has declared a dividend of $3.05 per common share, payable on May 16, 2013 to shareholders of record as of the close of business on May 13, 2013. Apple is among the largest dividend payers in the world, with annual payments of about $11 billion. In conjunction with the expanded return of capital program, the Company plans to borrow and expects to announce more details about this in the near future.The management team and Board of Directors will continue to review each element of the capital return program on an annual basis.
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