Apple has tons of cash. That’s the big takeaway from these stories, which go into detail about the company’s plans to start paying a quarterly dividend after July 1. It will also start a three-year repurchase plan September 30. Add to that the stunning success of the iPad debut on Friday. Judging by the 300 people lined up at San Francisco’s Stockton Street Apple store and similar scenes around the country, Apple fanatics were at it again. Pre-orders reduced the first-day chaos this time around. Company CEO Tim Cook hasn’t said how many iPads were sold (he held a conference call this morning to announce the dividend), but there were hints that it set a record. (*Update: Apple says it sold more than three million iPads over the weekend.)
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