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Apple Issues Invitations Conference To Be Held In San Francisco On 7th,March

Date Time:2012.03.02

Beijing Time on 29th, February morning news, Apple  issued invitations on Tuesday, inviting industry participants to attend the conference which held in San Francisco on U.S. Pacific Time 7th ,March 10:00am (Beijing Time on 8th,March,2:00am early in the morning),it is expected that Apple will be announced the launch of Ipad 3.

Apple did not explicitly revealed what product will be published in the letter of invitation, but the invitation showed a corner of the Ipad, and the words of "we have something you really have to see.And touch". Earlier today the CNBC reports said,Apple will complete the event and publish Ipad 3 in New York. Apple invitation letter did not talk more about the information of the Ipad 3.

The conference will be held in San Francisco Grass Art Center, which is one of the place that Apple often release the new products.There had been media reported that Apple will be publish Ipad 3 in the early March.Compared with the Ipad 2,the characteristics of Ipad 3 expected to including the improvement of the screen resolution,four nuclear chip,and support LTE 4G network,etc.

The Apple spokesman declined to comment.

Affected by this news,Apple's share prise rose 1.3% to $532.4.According to the statistical data of the market research company Factset,it showed that Apple's share price had increased by about 30% in 2012,its market value is rapidly approaching $500 billion.

Apple ceo Tim Cook said on the annal shareholders meeting last week,Apple's US$97.6 billion cash and investment "exceeded the capital to operate a company that we need".He reiterated that Apple is expanding active discuss on the problem of how to deal with the huge cash,it choose issue dividends,repurchase stock or use in acquisition business and so on.He said that Apple has been in the depth to consider the use of cash,and is actively conducting consultation with the the board on the relevant strategic.