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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Watch SpaceX relaunch the first rocket it landed on a barge (update: it was a success)

SpaceX is getting ready for one historic flight. The private space corporation has announced on Twitter that all systems are ready for today’s launch — the weather seems to be cooperating, as well. In 60 minutes or so (around 6:30PM Eastern), we might see the company send the first rocket it landed on an ocean platform back to space. It’s the first orbital mission ever to use a recovered rocket and will prove that...

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Watch SpaceX relaunch the first rocket it landed on a barge (update: it was a success)

SpaceX is getting ready for one historic flight. The private space corporation has announced on Twitter that all systems are ready for today’s launch — the weather seems to be cooperating, as well. In 60 minutes or so (around 6:30PM Eastern), we might see the company send the first rocket it landed on an ocean platform back to space. It’s the first orbital mission ever to use a recovered rocket and will prove that...

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Streaming made last year the music industry’s best since 2009

Consider that streaming accounted for only 9 percent of total American music revenue in 2011, and the continual growth sounds extremely promising. — and it’s not just ad money from folks listening for free. In the US, paid accounts doubled from 10.8 million in 2015 to 22.8 million last year, which brought in about a third of the total American music revenue. It’s unclear how many more users there are left to convert...

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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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