Apple's CEO Tim Cook was proud to state during their last Financial Conference Call that Apple's iPad held 90% of the education market. Tonight it's being reported that Apple plans to dole out $100 million in grants to U.S. schools as part of the Obama administration's "ConnectED" program, targeting those that lack access to education technology and reliable broadband Internet.
Obama's "ConnectED" initiative aims to bring stable Internet to 99 percent of U.S. students by 2017 and direct federal funds to enhance the use of technology in classrooms. Microsoft and Adobe have pledged support to the program in the form of free or discounted software.
Apple will divide the funds between 114 schools in 29 states, CEO Tim Cook said on Monday after being inducted into the Alabama Academy of Honor, an organization that recognizes natives of the state for their achievements.
The iPhone maker has long highlighted the use of Macs and iPads in schools, and the growth opportunities they present. It has partnered with educational publishers such as Pearson and Houghton Mifflin Harcourt, as well as cellular and Wi-Fi networks providers such as AT&T, on school programs.
Apple's CEO Tim Cook had a few other interesting things to say, especially about his home state that some may find interesting. Read in the Reuters report.