Apple: strategy to expend money


According to Apple it will use its money to initiate paying a dividend to shareholders and to buy back some of its shares. Apple shares have surged to about $600 in current days, making it the world's most precious company, with a stock market value of more than $500bn. It is the first moment Apple has declared a bonus since 1995.


On the ending of last year, Apple exposed it had $97.6bn in money. It expects to utilize $45bn more than the subsequently three years. Thriving sales of iPhones and iPads have helped the firm make up its vast cash pile. It will pay money for back up to $10bn of its own shares starting in the company's next financial year, which begins on 30 September 2012.
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