Thursday, April 26, 2012

Apple Q2 Earnings: Apple Now Has Over $110 Billion In Cash Reserves

apple_rainbow_logoApple has once again beaten analysts' expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $110 billion in the six months ended March 31, 2012 versus $81.5 billion in the six months ended September 24, 2011. In cash and cash equivalents the company now has over $10.1 billion; short-term marketable securities are at $18.4 billion; long-term marketable securities are at $81.6 billion. This is a rise in every segment compared to six months ago.

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Thanks Google, It Only Took You Six Years

Google DriveToday's launch of Google Drive, official at last, is kind of a relief. Internet rumors and reports have seen the industry discussing the possibility of a consumer-facing cloud storage service called "GDrive," since as far back as 2006. Of course, then, the product in development was an internal-only tool used by Google employees - not the Dropbox-like competitor Google launched today. Still, to say that we've been waiting for GDrive for a long, long, long time would be the understatement of the year.

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Sunday, April 22, 2012

This Helmet Crafted from Sustainable Wood and Cork Is as Safe as Your Plastic and Foam One [Helmets]

The general rise of artisanal wares over the past few years hasn't been particularly shocking. But to see that trend spill over into safety products—almost exclusively the domain of science, technology and research—is a bit strange. Especially when it's a bike helmet meant to protect your brain. More »


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Mammoth Turbine Blimp Takes Flight [Video]

We recently caught wind of the high-flying turbine blimps that could cut our energy costs by up to 65 percent. Now we get to see a prototype of this glorious feat of human engineering in action. This is not science fiction; the future is here. More »


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