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...
UK vinyl sales hit a 25-year high in 2016
Prince’s Purple Rain features in the top 10, too, but new releases also enjoyed success. Somewhat surprisingly, Guardians of the Galaxy: Awesome Mix Vol. 1 was the third best-selling vinyl of the year. Other formats didn’t fare so well in 2016. CD sales declined by over 10 percent, and downloads slipped even further, by almost 30 percent.More people than ever are streaming music, as you’d probably expect. In fact, 45...
Intel unveils its 7th-gen CPUs for desktops and performance laptops
Naturally, you can expect the new desktop chips to perform better than their predecessors. Intel claims the S-series i7-7700K CPU is 25 percent faster than the i7-4770K (which, it’s worth noting, is three generations older). There’s likely a much smaller performance gap when comparing it to Intel’s fifth and sixth-generation CPUs. The company also claims the i7-7700K can “create, share and stitch” 4K...
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...
