In another perhaps surprising move, Apple announced it had won a contract worth $30 million to provide the Los Angeles School Board of Education's with iPads for its students, starting in the fall. The iPads will come pre-loaded with educational apps, as well as Pearson Common Core System of Courses.
Shares of Apple were lower in Wednesday trading, off 1.1% to $427.25.
-- Written by Chris Ciaccia in New York
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