Apple Reports Second Quarter Results
CUPERTINO, California — April 26, 2016 — Apple® today announced financial results for its fiscal 2016 second quarter ended March 26, 2016. The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share. These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared...
Google was reportedly developing a standalone VR headset
The shuttered project was part of Google parent company Alphabet’s experimental X lab; it’s not uncommon for initiatives in X to be shut down before making it into the real world. Instead of developing this separate headset, which would have run a new operating system, Google and Alphabet are instead focusing on the Android-based Daydream.This report comes some months after The Wall Street Journal reported that Google was...
Google was reportedly developing a standalone VR headset
The shuttered project was part of Google parent company Alphabet’s experimental X lab; it’s not uncommon for initiatives in X to be shut down before making it into the real world. Instead of developing this separate headset, which would have run a new operating system, Google and Alphabet are instead focusing on the Android-based Daydream.This report comes some months after The Wall Street Journal reported that Google was...
Apple Reports Record Third Quarter Results
CUPERTINO, California — July 21, 2015 — Apple® today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to...
Amazon Video for Android adds support for SD cards
Amazon just pushed a small, but important update to its Android video app: starting today, users can choose where downloaded files are stored. It sounds insignificant, but for heavy users, this is a really big deal — until now, Amazon Video would only store content on a device’s internal storage, severely limiting how much content one could keep on the device. Not anymore. Now, if you have an SD card, you have room for...
