Microsoft's board approved a dividend rate of $0.31 per share, an amount equal to last quarter's payout. It's been a great fiscal year for the company so high dividend were expected by investors.
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Microsoft has announced that they will be repurchasing $40 billion dollars worth of stock and will increase the dividend the company is paying out by 22% which will appease many shareholders.
Developers received a handout of $8 billion, up from $6.5 billion three months ago which netted Apple around $3.5 billion in revenue and continues to show that iOS is a profitable platform for devs.
Move designed to boost share price, make company less attractive takeover target, say analysts. Nintendo said today that it expects the net profit for the full fiscal year ending March 31, 2005,...