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...
California bill would require more zero-emissions cars
If the bill becomes law, it could light a fire under car makers that have so far been slow to adopt emissions-free tech. Only 3 percent of all California car sales are either electric or plug-in hybrids. Those holdouts are going to complain loudly if asked to change their ways, mind you. Industry groups like the Alliance of Automobile Manufacturers see the bill as pandering to Tesla, giving the local all-electric automaker an unfair...
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...
Infiniti’s latest engine is a last hurrah for gas-powered cars
If you ask Infiniti, the result is the best of both worlds. The future QX50 will kick out 268HP and 288lb/ft of torque, but gets up to 27 percent better fuel economy than Nissan’s widely used 3.5-liter V6. It’s lighter and smaller than similar conventional engines, too, and doesn’t need treatment to pass modern emissions standards. The big drawback is that it’s limited to four-cylinder engines, but this...
iOS 9 Available as a Free Update for iPhone, iPad, and iPod touch Users September 16
Big. Bold. Beautiful. All the things you love to do are more expressive, more dynamic, and more fun than ever with iOS 10. See the preview What’s new in iOS 9. iOS 9 brings you refinements at every level — from the apps you see on your Home screen down to the foundation of the system. Siri is smarter than ever, proactive suggestions keep you on track, and multitasking on iPad hits an all-new high with Slide Over, Split View, and...
