1. Apple Reports Record Earnings
With the combination of the most expensive iPhone to date, emerging markets, and growing app-store sales, it’s no wonder that Apple has reported a record fourth consecutive quarter of sales revenue (up 20% from Q3 last year) and gross profit. At this point, we aren’t even surprised that Apple is considered the world’s most valuable company. Apple CEO, Tim Cook, states that this was no doubt one of the stronger and more successful years for the company. “We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history.” And the holiday season is coming up too, which can only help their sales and service reach new heights. We encourage you to check out their earnings call here.
(Source: Apple Newsroom)
2. Google Maps Out Your Room?
In recent news, Google and the advanced American tech company iRobot have announced a new partnership that is bound to make home technology even smarter than it already is. iRobot manufactures robot vacuums (appropriately called Roomba’s) that contain data that maps out consumers’ homes. Here’s where Google comes into play. The expectation is that the integration of services, such as Google Assistant, will allow users to verbally control their little vacuum assistant and other smart electronics around the house such as light switches. One differentiating factor is that Google will not receive data on the layout of the house or spatial information. Smart move given their recent privacy issues.
(Source: The Verge)
3. The “Russian Return to Space”
October 11th. Russia sent two astronauts into space to reach the International Space Station. However, the mission was unsuccessful due to engine issues that inevitably led to “destabilization” of the rocket. Luckily, NASA astronaut Tyler “Nick” Hague and Russian cosmonaut Alexey Ovchinin were able to walk away without injury. The failed, aborted mission is not holding anyone back. Despite concerns surrounding the incident, the next manned Russian-Soyuz rocket launch is set for December 3rd and is the only way that humans can travel to and from the International Space Station at this time. Looks like SpaceX and our boy Elon Musk need to step it up.
(Source: Bloomberg)
