It's a good thing Apple has that huge cash reserve, as the company is going to have to fork over a lot of money Down Under for "deliberately" misleading Australians about the 4G capabilities of the new iPad.
The Australian Competition and Consumer Commission (ACCC) brought an action against Apple, saying that the company misled Australians by advertising new iPad connectivity with 4G networks in Australia. An Australian Federal Court judge agreed with the ACCC and as a result of the settlement, Apple will pay AUS$2.25 million (about US$2.27 million) in fines as well as AUS$300,000 in court costs.
In March, Apple offered to refund customer
