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...
It will cost $670 to get 90 percent of 2017’s ‘Hearthstone’ cards
How pricey does that make Hearthstone now? If players only spent real-world money buying enough packs to get 90 percent of this year’s content, it would cost them about $670 up front.That’s the number Redditor FliccC arrived at in a post they published shortly after Blizzard’s announcement, a total that is significantly higher than the $440 or so it cost to buy the same percentage of last year’s content. While...
Facebook is inserting ads midway through videos
Live video won’t be left out either. If a publisher has at least 2,000 followers and has hit 300 concurrent live viewers in a “recent live video,” they’ll be able to insert ads as well — assuming the broadcast has been running for at least four minutes and has 300 viewers.As far as revenue split goes, like the rumors predicted, publishers will net 55 percent of proceeds while Facebook grabs the rest....
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...
Google’s ride-sharing platform is expanding beyond the Bay Area
While Waze’s carpool service is likely to take a chunk of Uber’s business (which Alphabet is also invested in through it’s venture capital arm Google Ventures), the Waze approach to ride-sharing is a little more casual. As Waze CEO Noam Bardin told the Wall Street Journal, “can we get the average person on his way to work to pick someone up and drop them off once in a while? That’s the biggest...
