Germany plans to squeeze hydroelectric power out of a coal mine
Similar to a standard hydroelectric power plant, pumped hydroelectric storage stations generate power by releasing water from a reservoir through a turbine to a second reservoir at a lower altitude. Rather than releasing the outflow, however, the water is then stored in the lower reservoir until it can be pumped back up to the top reservoir using cheaper, off-peak power or another renewable energy source. In the case of the...
Apple Reports Record First Quarter Results
Results Produce Record Quarterly Profit of $18.4 Billion CUPERTINO, California — January 26, 2016 — Apple® today announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18 billion, or $3.06 per...
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...
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...
Teenage paranormal thriller ‘Oxenfree’ now fits in your pocket
Spooky adventure game Oxenfree has made its way to mobile. Developer Night School’s sidescrolling tale debuted on PC and Xbox One early last January, with a stop on PlayStation 4 last May that added, among other things, a New Game+ mode. Now it’s available for iOS devices. At the minimum, iPhone 5S and iPad Air running iOS 9.1 or newer. The iTunes listing says that the game has been reworked a bit for the platforms and...
