Apple Reports Record Fourth Quarter Results

CUPERTINO, California — October 27, 2015 — Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent...

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Nokia will buy Withings for $191 million

Given the high quality and ease-of-use that you find in most Withings products, $191 million seems like a total bargain. The purchase itself isn’t much of a surprise, since Nokia said that it wanted to branch out into health and wearables, as well as the internet of things market back in October. Withings kills both of those birds with one hefty stone, since in addition to connected scales and fitness tracking watches, Withings...

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Former ‘Top Gear’ hosts plan DriveTribe motoring community

So whether you’re into muscle cars or restored VW camper vans, the idea is that you’ll be able to sign up and find not only a stream of relevant news, photos and videos, but also likeminded fans. Users will be able to contribute to the “tribes” and even set up their own, if they feel their favorite segment of car culture is underserved. Hammond explains: “Gamers have got Twitch, travelers have got...

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Former ‘Top Gear’ hosts plan DriveTribe motoring community

So whether you’re into muscle cars or restored VW camper vans, the idea is that you’ll be able to sign up and find not only a stream of relevant news, photos and videos, but also likeminded fans. Users will be able to contribute to the “tribes” and even set up their own, if they feel their favorite segment of car culture is underserved. Hammond explains: “Gamers have got Twitch, travelers have got...

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Apple Names Jeff Williams Chief Operating Officer

Tor Myhren Joins Apple CUPERTINO, California — December 17, 2015 — Apple® today announced that Jeff Williams has been named chief operating officer and Johny Srouji is joining Apple’s executive team as senior vice president for Hardware Technologies. Phil Schiller, senior vice president of Worldwide Marketing, will expand his role to include leadership of the revolutionary App Store® across all Apple platforms. Apple also announced...

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