US suspends ‘premium processing’ for H-1B visas
According to a USCIS report, in 2014 about 65 percent of the applications were for computer-related jobs. Because of an 85,000 annual cap on the number of visas awarded, which results in a lottery and delays after applications pass the limit in under a week. Even for workers inside the US, changing jobs or traveling outside the country could be affected while they wait to find out the result. Financial Times quotes a lawyer saying...
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...
A haptic wristband could help the blind ‘see’ the world
WearWorks is based out of Urban-X in Brooklyn, a new accelerator focused on startups that make cities more livable. That includes tackling issues like pollution, energy and transportation. Walking is something we all do, and there’s already existing infrastructure to help the blind get around, like traffic lights that announce when it’s safe to cross and braille plaques on subway platforms. Rather than try and upgrade or...
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...
