Apple spends $14 billion buying back its own shares

Chief executive Tim Cook says that spending cash reserves on buying back shares and boosting the price for remaining investors proves “that we are betting on Apple" 

 

Apple has spent $14 billion (£8.6 billion) buying back its own stock over the last two weeks, according to reports.

Chief executive Tim Cook said, in an interview with the Wall Street Journal: “It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do. We are not just saying that. We are showing that with our actions.”

The newspaper claimed that the company bought $12 billion though an accelerated share repurchase program and a further $2 billion on the open market.

New York police testing Google Glass

The New York City Police Department is testing Google Glass to see if wearable computers could be useful in law enforcement

The new Google Glass 'Thin' prescription frames in "tangerine" colour  

The New York City Police Department is testing Google Glass to see if wearable computers could be useful in law enforcement.

Samsung Galaxy Note 3 release date and news

 

 update: It's here! The Galaxy Note 3 has been officially unveiled to world at Samsung Unpacked 2013, as part of IFA 2013.
With the Samsung Galaxy S4 now out of the way the door has been thrown open for the Korean firm's other high-end smartphone to get a reboot in the form of the Samsung Galaxy Note 3.
Rumours are circulating about Samsung's next super-sized handset, suggesting it's going to get even bigger - even though the Samsung Galaxy Note 2 raised eyebrows with its larger size
 .