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Tech giant Apple Inc. (Nasdaq: AAPL) will not launch its highly anticipated Apple Watch until spring 2015, according to a report from 9to5Mac.com. The Apple news site quoted a senior vice president, and inferred from a quote that the Apple Watch would follow the U.S. Holiday season and the Chinese New Year (February 19). On Friday, shares of Apple closed at $108 per share, a new record for the tech giant. The stock surge comes two weeks before the company will pay a quarterly dividend of $0.47 to shareholders on November 13. The company will return roughly $2.8 billion in the dividend payout.