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WASHINGTON (AP) — The Obama administration is encouraging many nonviolent federal prisoners to apply for early release — and expecting thousands to take up the offer. It's an effort to deal with high costs and overcrowding in prisons, and also a matter of fairness, the government says.
Apple on Wednesday said that it plans to buy back an additional $30 billion worth of shares and split its stock. The moves backed by the Apple board were announced as the California company reported a profit of $10.2 billion on $45.6 billion in revenue in the first three months of this year. The earnings figures came with Apple chief Tim Cook hinting that new products are on the way from the maker of iPhones, iPads, iPods, and Macintosh computers. "We’re eagerly looking forward to introducing more new products and services that only Apple could bring to market."