Apple fined $2.29 million over '4G iPad' claims in Australia

Australia's federal court has fined Apple for "deliberately" misleading customers on local 4G capabilities of its latest iPad. The Cupertino-based company recently agreed to the terms, which included AU$2.29 million fine and a cool AU$300,000 in costs. Despite its 4G claims, Apple's new iPad can't connect with existing Antipodean next-generation phone networks, although it can hook up to US-based networks. Apple offered refunds for any customers that felt deceived and even adjusted its advertising to reflect its cellular capabilities, but the judge still deemed that the company had contravened Australia's consumer law in the ensuing confusion. Fortunately, Apple still has plenty left in the bank.