Tagged: Apple

Good morning.

Our early headlines:

-- Killing Of Fla. Teen Trayvon Martin Becomes National Story About Race.

-- Apple To Buy Back $10B In Shares; Pay Dividend Of $2.65 Per Share.

The Associated Press just moved this alert:

"Apple says it will use its cash to start paying dividend of $2.65, buy back $10B in shares."

Transcript

JACKI LYDEN, BYLINE: This weekend, the public radio program "This American Life" will air a retraction and apologize to listeners for a segment that aired in January about factories in China which make the Apple iPad. The story described hazardous working conditions at the plant. It was told by a man named Mike Daisey, who claimed to have interviewed workers injured there. Many elements of Daisey's story have now been discredited.

A highly popular episode of This American Life in which monologuist Mike Daisey tells of the abuses at factories that make Apple products in China contained "significant fabrications," the show said today.

It's just an update, but people made lines in cities around the world to buy Apple's latest incarnation of the iPad.

Look at this line outside an Apple store in London:

And this scene at a Manhattan Apple store:

NPR's David Folkenflik was in New York City and he filed this report for our Newscast unit:

"In Manhattan, lines wrapped full city blocks at Apple Stores last night as fans waited to buy the new device in person — and that's just for an upgrade on the iPad.