The Delaware Gazette

Apple to pay dividend, start stock buybacks

DG285847_web_032012_apple_clr

NEW YORK — After amass­ing a huge cash hoard, Apple Inc. is finally acknowl­edg­ing that it doesn’t need all that money, say­ing Mon­day that it will start pay­ing some of it out to share­hold­ers in the form of a div­i­dend and share buy­back program.

Dell cuts guidance, showing industry uncertainty

SAN FRANCISCO — Dell Inc.’s deci­sion to cut its rev­enue fore­cast for the year shows how com­puter mak­ers are get­ting pulled in two direc­tions at once, stretch­ing some investors’ faith to a break­ing point. Cor­po­rate and gov­ern­ment demand for PCs has been strong for the past year, help­ing to lift the indus­try after the Great Reces­sion. But con­sumer demand has col­lapsed because of high unem­ploy­ment and the lure of new gad­gets such as tablet com­put­ers and smartphones.

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