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...

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Internet cables connecting Channel Islands to UK cut by ship’s anchor

JT, the region’s largest telecoms provider, has called the situation “exceptionally unlucky and unprecedented,” and is warning customers they can expect service disruption for the next week or more as the cables are repaired. The area’s other major provider Sure has also confirmed its services are affected. For now, all memes, fake news and spam emails are being routed through a back-up cable connecting the...

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Internet cables connecting Channel Islands to UK cut by ship’s anchor

JT, the region’s largest telecoms provider, has called the situation “exceptionally unlucky and unprecedented,” and is warning customers they can expect service disruption for the next week or more as the cables are repaired. The area’s other major provider Sure has also confirmed its services are affected. For now, all memes, fake news and spam emails are being routed through a back-up cable connecting the...

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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...

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Samsung Pay won’t reach the UK until sometime next year

Samsung first touted a 2016 launch for its payment service at the Consumer Electronics Show (CES) in January. It then reiterated that desire at the unveiling of the ill-fated Galaxy Note 7 in August. The company already allows customers in the USA, Canada, Korea, Spain, China, Australia, Singapore, Puerto Rico and Brazil to use Samsung Pay.While Samsung Pay, like Apple and Google’s mobile services, supports NFC for contactless...

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