{"id":32007,"date":"2023-10-20T14:26:39","date_gmt":"2023-10-20T14:26:39","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/the-news-wrap-apple-reports-record-profits-startupsmart\/"},"modified":"2023-10-20T14:26:39","modified_gmt":"2023-10-20T14:26:39","slug":"the-news-wrap-apple-reports-record-profits-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/the-news-wrap-apple-reports-record-profits-startupsmart\/","title":{"rendered":"THE NEWS WRAP: Apple reports record profits &#8211; StartupSmart"},"content":{"rendered":"<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"445\" height=\"352\" itemprop=\"image\" class=\"entry-thumb\" src=\"\/wp-content\/uploads\/2014\/12\/l_money-445-2.jpg\" alt=\"\" title=\"l_money-445-2\"\/><\/div>\n<p>Apple <a href=\"http:\/\/www.apple.com\/pr\/library\/2015\/07\/21Apple-Reports-Record-Third-Quarter-Results.html\" target=\"_blank\" rel=\"noopener\">has released its third quarter<\/a> financial results, reporting record revenue of $49.6 billion with a net profit of $10.7 billion. <\/p>\n<p>\u00a0<\/p>\n<p>This marks a 44.5% rise in profits over last year, with international sales now accounting for 64% of the company\u2019s revenue.<\/p>\n<p>\u00a0<\/p>\n<p>Apple attributes much of the success to strong sales of the Mac, the newly launched Apple Watch and especially the iPhone, which saw sales rise by nearly 60%.<\/p>\n<p>\u00a0<\/p>\n<p>Apple CEO Tim Cook says it was an \u201camazing quarter\u201d.<\/p>\n<p>\u00a0<\/p>\n<h2><b>Twitter gets rid of your background<\/b><\/h2>\n<p>Twitter has removed users\u2019 zany and often hilarious backgrounds that used to appear beneath their timeline and notifications.<\/p>\n<p>\u00a0<\/p>\n<p>While there was no official word from Twitter, <a href=\"http:\/\/techcrunch.com\/2015\/07\/20\/twitter-aint-myspace\/\" target=\"_blank\" rel=\"noopener\">a spokesperson confirmed to <i>TechCrunch<\/i><\/a> that the backgrounds were no more.<\/p>\n<p>\u00a0<\/p>\n<p>It\u2019s adopting a clean and simple approach, with a boring old white background now appearing, something that will likely please potential advertisers.<\/p>\n<p>\u00a0<\/p>\n<p>Needless to say, the people are not happy. <a href=\"https:\/\/twitter.com\/search?q=twitter%20background&#038;src=typd\" target=\"_blank\" rel=\"noopener\">Take a look here<\/a> to see Twitter\u2019s user base collectively losing their minds.<\/p>\n<p>\u00a0<\/p>\n<h2><b>Big Silicon Valley companies take Samsung\u2019s side in Apple patent case<\/b><\/h2>\n<p>A group of companies including Facebook, Google, Dell, HP and eBay have petitioned to the federal appeals court asking a panel to review their decision ordering Samsung to turn over their profits from a handful of Apple patent infringements.<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"http:\/\/www.insidesources.com\/facebook-google-others-urge-court-to-review-apple-v-samsung-patent-case\/\" target=\"_blank\" rel=\"noopener\">As <i>Inside Sources<\/i> reports<\/a>, the group is arguing that the court\u2019s ruling will threaten innovation and limit consumer choice.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cIf allowed to stand, that decision will lead to absurd results and have a devastating impact on companies,\u201d the petition reads.<\/p>\n<p>\u00a0<\/p>\n<p>The Dow Jones Industrial Average is down 181.12, falling 1.00% overnight to 17,919.29. The Australian dollar is currently trading at US74 cents.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><i>Raising your <\/i><a href=\"startupschool\/events\/hacking-your-first-investment-round\/\"><i>first round of capital<\/i><\/a><i>? Starting a <\/i><a href=\"startupschool\/events\/secrets-of-successful-crowdfunding\/\"><i>crowdfunding campaign<\/i><\/a><i>? Want to grow your business <\/i><a href=\"startupschool\/events\/how-to-use-instagram-to-grow-your-business\/\"><i>with Instagram?<\/i><\/a><i> <\/i><i>StartupSmart School can help.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple has released its third quarter financial results, reporting record revenue of $49.6 billion with a net profit of $10.7<\/p>\n","protected":false},"author":2,"featured_media":62657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/32007"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=32007"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/32007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62657"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=32007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=32007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=32007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}