Morning Rage 3.19.2012

Monday morning, Apple will announce plans regarding their $100 billion plus in cash, balance sheet. The street is expecting a “dividend.” Is a dividend already priced in? AAPL will not be discussing current quarter numbers or any other topics regarding Apples product cycle, etc. Apple in the pre–market hit a NEW RECORD HIGH, $606. Apple authorizes a 3 year 10. Also,Apple sets quarterly dividend of $2.65 per share/will be initiated in Q4, 2012. Finally, Apple shares are halted at $599.32.