Apple Reports Record Second Quarter Results

CUPERTINO, California—April 27, 2015—Apple® today announced financial results for its fiscal 2015 second quarter ended March 28, 2015. The Company posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion, or $2.33 per diluted share. These results compare to revenue of $45.6 billion and net profit of $10.2 billion, or $1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent compared to...

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Uber starts testing pre-paid service for events in NYC

Uber is launching yet another new product, but this one targets a specific group of people: event organizers, especially those tired of fielding calls from guests who can’t make it due to car troubles. The service called UberEvents allows organizers to buy and secure passes ahead of the occasion to send to guests, clients or whoever needs one to get to the location via email. Guests will only have to enter the code under the...

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Uber starts testing pre-paid service for events in NYC

Uber is launching yet another new product, but this one targets a specific group of people: event organizers, especially those tired of fielding calls from guests who can’t make it due to car troubles. The service called UberEvents allows organizers to buy and secure passes ahead of the occasion to send to guests, clients or whoever needs one to get to the location via email. Guests will only have to enter the code under the...

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Sprint thinks its existing wireless spectrum is enough

Phone carriers usually have a voracious appetite for wireless spectrum, and for good reason: they don’t want to lose your business because their networks are overloaded or missing coverage. Sprint isn’t in a hurry, however. The provider just announced that it’s passing on the FCC’s upcoming 600MHz auction after determining that its existing airwaves are “sufficient” for its future needs. The goal...

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Apple Announces New Environmental Initiatives in China

BEIJING—May 11, 2015—Apple® today announced an expansion of its renewable energy and environmental protection initiatives in China, including a new multi-year project with World Wildlife Fund to significantly increase responsibly managed forests across China. The new forestland program aims to protect as much as 1 million acres of responsibly managed working forests which provide fiber for pulp, paper and wood products. Apple’s goal...

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