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Article updated: 4/23/2013 7:06 PM

Apple to dole out $100 billion to shareholders

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A man leaves an Apple store with an iPhone and an iPad in his hands in central Beijing, China.

Associated Press/April 1, 2013

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Investors have been clamoring for Apple to give them access to its cash hoard, which ended March at an unprecedented $145 billion. Apple's tight grip on its cash, along with the lack of ground-breaking new products, has been blamed for the steep decline in its stock price over the winter.News of the cash bonanza coincided with the company's release of a poor quarterly outlook for the three-month period that ends in June.
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