[Reuters] Apple's Cook finally shares $98 billion cache

Posted by: UGN Security

[Reuters] Apple's Cook finally shares $98 billion cache - 03/19/12 04:54 PM

SAN FRANCISCO (Reuters) - Apple Inc CEO Tim Cook, moving swiftly after taking over from the late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years.