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Apple uses Turi acquisition resources to expand machine learning efforts

There’s a reason Apple buys companies from time to time. Following its acquisition of machine learning platform Turi earlier this month, Apple is now growing the team that will serve as the company’s new machine learning division focusing on integrating the tech into new and existing products. Apple confirmed tat the company had acquired Turi […]

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Apple announces $42.4 billion in revenue, $7.8 billion profit for Q3 2016

You know, in most businesses, a quarterly profit of $7.8 billion would be considered a good thing. In Apple’s frame of mind, this isn’t that stellar. In today’s Q3 2016 conference call, representatives from Apple cited revenues of $42.4 billion, a profit of $7.8 billion with a margin of 38 percent. Apple CEO Tim Cook […]