Gadget News

Apple's iPad devices are displayed at its store in Tokyo

Apple expands buybacks by $30 billion, OKs 7-for-1 stock split

By Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors. Activist investor Carl Icahn, who had famously called on the iPhone maker to boost its buyback program, tweete…