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Jan 27, 2015

Apple posts $18 billion in profit, the largest in its history

Apple just posted its first quarter results, and as expected, it was a big one. Led once again by record sales of new iPhones and holiday sales of iPads and Macs, Apple posted earnings of $18 billion on $74.6 billion in revenue, far above what it forecasted back in October, and marking the highest quarterly profit in its history.

FEATURED STORIES

	I just saw the first movie from Oculus, and it is the future Earlier today Oculus announced Story Studio, its in-house production team dedicated to producing virtual reality movies. We’ve been seeing VR narrative experiences for years at this point, and while they’ve been getting more and more impressive, they’ve still been iterative steps forward. Despite how much we’ve all wanted to it to happen, nothing has stood up, raised its hands, and shouted "I’m the project that proves this crazy thing could actually work."
	These are your new all-female Ghostbusters Melissa McCarthy. Kristen Wiig. Kate McKinnon. Leslie Jones. Barring some calamitous event like cats and dogs living together, this is the new quartet starring in Paul Feig's Ghostbusters reboot. Earlier today, The Hollywood Reporter said that McCarthy had signed but the other three were in negotiation.
	Apple Watch will be released in April, according to CEO Tim Cook Apple CEO Tim Cook just announced that the Apple Watch will begin shipping in April. Cook revealed the shipping timeframe during Apple's quarterly earnings call with investors; the company enjoyed a blockbuster quarter backed by massive iPhone sales and huge growth in China. Now it will look to carry that success forward with the launch of Apple Watch, its first major new product since the launch of iPad in 2010. “We’re making great progress in the development of it,” Cook said.

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	Someone just hijacked Taylor Swift's Twitter and Instagram accounts Taylor Swift's Twitter account was broken into this afternoon, with her profile tweeting out to over 51 million fans that they should follow someone who claims to be the "leader" of Lizard Squad — the hacking group that's ostensibly behind this attack.
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