financial

Apple Q214 earnings tap $10.2 billion net profit

Apple Q214 earnings tap $10.2 billion net profit

Starting off the quarter with a record-breaking quarter for revenue from services, Apple showed a quarterly revenue of $45.6 billion USD. This amount works with a quarterly net profit of $10.2 billion, turning out $11.62 USD per diluted share for the quarter. This is Apple’s financial Q2 for 2014.

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Mt. Gox files for bankruptcy, has $63.6 million in debt

Mt. Gox files for bankruptcy, has $63.6 million in debt

Bitcoin has been the most popular of the virtual currencies for a while now with a single coin worth hundreds and hundreds of dollars in the US. Things started to go wrong for one of the largest bitcoin exchanges over the last few months. Earlier this month the exchange stopped bitcoin withdrawals blaming a technical issue that made it possible for nefarious users to introduce fraud into the system.

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