Now that’s a rewards program: Awash in cash, Apple Inc. says it plans a dividend and share buyback program for shareholders, something the late Steve Jobs reportedly always resisted because he was haunted by memories of having to crawl to Microsoft’s Bill Gates during Apple’s lean years in the 1990s.
Or perhaps Jobs simply wanted to hold onto the cash, just in case Apple decides it wants to buy South Korea.
Man bites dog: But it turns out that Cupertino really might want to hang on to some of that money. Chinese writers have demanded compensation from Apple for allegedly selling unlicensed versions of their books in its online store.
The Buzz legal department advises Apple to offer the Chinese group an assortment of counterfeit Gucci handbags, knockoff Rolex wristwatches and pirated Adele CDs.
Sobering up: In an encouraging sign for the Republic, ratings have been sagging for “Jersey Shore.” Even so, MTV says it’s bringing the reality show back for a sixth season.
Something will be missing, however; pregnant with her first child, star Nicole “Snooki” Polizzi is said to have stopped drinking. Taking the hard partying out of “Jersey Shore” is like relocating “The Wire” to Provo, Utah.
— Mark Carlson