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...
Uber reportedly pours $500 million into mapping the planet
The insider didn’t say exactly how Uber will spend the money, but it’s easy to see where the costs will add up. A worldwide mapping initiative will require legions of cars roaming the streets. Also, its deal for high-res maps from DigitalGlobe could prove to be pricey when Uber will need to maintain up-to-date info.Whatever money Uber spends now may pay off in the future, mind you. The firm isn’t shy about planning...
Uber reportedly pours $500 million into mapping the planet
The insider didn’t say exactly how Uber will spend the money, but it’s easy to see where the costs will add up. A worldwide mapping initiative will require legions of cars roaming the streets. Also, its deal for high-res maps from DigitalGlobe could prove to be pricey when Uber will need to maintain up-to-date info.Whatever money Uber spends now may pay off in the future, mind you. The firm isn’t shy about planning...
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...
Hackers target Vietnam airport screens with political messages
The incident led airport staff to avoid computer-based check-ins for hours.This doesn’t necessarily mean that it’s a state-sponsored attack, assuming the details are accurate. When asked, the Chinese consulate in Ho Chi Minh City told the BBC that this was a “shameless and cowardly” hack that “stained the dignity” of China. However, it’s difficult to say for sure that this was strictly the...
