Apple Announces Sales Of Three Million New iPad Tablets Since Launch

In a surprising move, Apple has finally revealed the exact sales figures for the new iPad. And as always, Apple has well been able to top the best estimates put forth by analysts. While analysts have been saying that on the launch day, Apple will be able to sell up to three million iPad tablets, the company has now announced that it has been able to see a whooping three million units since launch, which was precisely three days ago.

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Apple Will Start A $10 Billion Share Buyback From Fiscal 2013

Apple has been piling up a lot of cash with the immense success of its smartphones and tablets. For some time, a lot of us have been wondering exactly what will Apple do with all that cash. Now, Apple’s CEO Tim Cook has revealed plans of using a chunk of that on stock buyback which will start in fiscal year 2013. This initiative would be accompanied with a per-share dividend of $2.65 which will start a little earlier than the buyback, in Q4 this year.

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Lawsuit Filed By Chinese Writers Against Apple Over Piracy Gets Support

A number of Chinese writers have been accusing Apple for quite some time for condoning, or at least not effectively dealing with, ebook piracy. Three lawsuits were filed against Apple over these allegations and now, a number of more Chinese authors have joined the group. The total amount of the damages demanded by all the lawsuits combined is about $3.5 million.

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Apple TV Teardown: Contains A5 Chip, 8GB Of Flash Storage

Apparently, these days just laying your hands on the newest and coolest gadget is not enough. You also ought to tear it down to see for yourself what exactly are its hidden secrets. So now that we are done with the teardown of the new iPad, the guns are facing Apple TV. Folks at xmbc.org have run a teardown of Apple TV to see what does this new, 1080p-output supporting device contain.

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ITC Finally Rules In Favor Of Motorola Over Apple’s Patent Infringement Allegations

Apple and Motorola Mobility are locked in a bitter legal battle. Recently, Motorola was able to get permission for an injunction against Apple which a German court sanctioned. Now, Apple has apparently suffered another major setback as the International U.S. Trade Commission has cleared Motorola of the charges of patent infringement that Apple had levelled against it.

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Apple’s Profit Margin Is Lower Due To Costly Components Of New iPad

Conventionally, Apple’s production costs are significantly lower than the price at which its products are actually sold, which explains the huge profits the company makes every quarter. With the new iPad, however, it has been revealed that Apple’s production costs has been rather high, leaving the company with low profit margins on the sales. The new iPad cost Apple some $316 at least to build whereas the price of the tablet is the same as iPad 2.

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Apple Seeds OS X 10.8 Beta To Developers, Adds Many New Features

Mac users have been envying over the oh-so-cool features of Apple’s iOS releases, particularly those of iOS 5. So, Apple has been trying to bring some of these features to the Mac so as to bring its two different operating systems together. So now, Apple has seeded the second developer preview of OS X 10.8 Mountain Lion which comes with a lot of features from the iOS 5.

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iFixit Tears Down Apple’s New iPad, Reveals The Inner Details Of The Tablet

iFixit has been known for floating a detailed tear down of the latest gadgets and devices on the web, as soon as they are available. Guess the new iPad wasn’t something they were gonna miss. While the launch of the new iPad is less than a day old, iFixit has already torn down the tablet and revealed its details, which are listed below.

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