Here are your Apple rumors and AAPL news items for today.
Analyst Suggests Apple Use $100B Cash Pile for 3% Dividend: A Friday report at Apple Insider detailed a note issued to investors by Stern Agee analyst Shaw Wu that held promise for Apple shareholders. Wu said that the best use of Apple’s $100 billion stockpile of cash at this point in time would be to issue a dividend between 2% and 3%. The dividend would make the “most sense,” according to Wu, because Apple’s cash flow is expected to stay strong, coming in between $75 billion and $80 billion. Intel (NASDAQ:INTC) yields a dividend of 3.2% and Microsoft (NASDAQ:MSFT) a dividend of 2.6%, just two companies Wu cited as good comparisons for Apple.
AT&T LTE Micro-SIM Cards Suggest 4G iPad 3: The rumor is that Apple’s next iPad will be the first device from the company to support 4G LTE networks. A Friday report by Phone Arena (via Mac Rumors) lent credence to that possibility with news that AT&T (NYSE:T) is now selling an LTE-compatible micro-SIM card to its suppliers. (SIM cards are circuits used in mobile devices to identify subscribers on specific networks.) The new LTE cards are likely being issued in part to support the release of Nokia (NYSE:NOK) and Microsoft’s new Lumia 900 smartphone, expected to launch in March, but as the iPad 3 is releasing in the same window, it’s believed that AT&T is also preparing for the tablet to work with its 4G network as well. Keep in mind, too, that there have been plenty of reports indicating LTE equipment has been installed, by AT&T, in Apple stores.
NOAA Drops RIM for Apple: The National Oceanic and Atmospheric Administration has decided that it would rather use iPhones than BlackBerrys to help track weather patterns. A Thursday report by 9 to 5 Mac said that the government organization will cease using Research in Motion‘s (NASDAQ:RIMM) smartphones and tablets in May. A memo from NOAA CIO Joseph F. Klimavicz said that the company will start issuing iPhones and iPads to employees instead.
As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook. For more from the company, check out our previous Apple Rumors stories.