The BBC's Rory Cellan-Jones holds an iPad
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Why is Apple spending its cash now?

Apple has said it will use its cash to start paying a dividend to shareholders and to buy back some of its shares.

The technology giant said it would pay a quarterly dividend of $2.65 per share from July.

The BBC's Rory Cellan-Jones says the company's announcement may have been influenced by their cash pile becoming "embarrassing".

  • 19 Mar 2012