Apple posts Q3 revenue of $42.4 billion and quarterly net income of $7.8 billion

Apple held its third quarter earnings call and reported revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted share. These results compare to revenue of $49.6 billion and net income of $10.7 billion, or $1.85 per diluted share, in the year-ago quarter.  A 15 per cent decline. Gross margin was 38 percent compared to 39.7 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

Apple's big earner was its services with the App Store growing in sales by 19 per cent, reflecting an all-time record. The shrinkage is expected to continue, despite a lot of anticipation for the upcoming iPhone refresh, the company projects its fourth-quarter sales between $45.5 billion and $47.5 billion, compared with $51.5 billion this period last year.

Tesla and Mobileye part ways following fatal Tesla crash

Tesla and Mobileye, which created the collision-avoidance technology for the automaker, are parting ways after their contract ended. Mobileye wants to protect its reputation, according to CTO Amnon Shashua. “There is much at stake here, to Mobileye’s reputation and to the industry at large,” Shashua says. Tesla has been under scrutiny following a fatal crash that happened with a Tesla Model S that had Autopilot engaged.

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What's coming to Netflix Canada in August

Summer has me in Netflix mode with new releases lately that are more than binge-worthy! Did I mention  I had started watching Stranger Things on the eve of me jetting out to Salem? Creepy. If you haven't started watching now is the time. This paranormal thriller is another Netflix hit! But what else is new? Here are some of the shows & movies that will be released to put on your end of summer watch list...Hit jump to see them all.

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BlackBerry launches new Android device, the super-secure DTEK50

BlackBerry has just launched its new Android smartphone, the DTEK50, a 5.2-inch device with a 13 megapixel camera, running on a Qualcomm 8952 with 64 bit Quad-core 1.5 GHz Cortex-A53 and Quad-core 1.2 GHz Cortex-A53 (Snapdragon 617 Octa-Core, 64 bit) processors plus 3GB of RAM. Unlike the high-end PRIV launched last year, the DTEK50 has an on-screen keyboard and runs Android 6.0 Marshmallow. It also has a quick-charge enabled 2610 mAh 4.4V non-removable Lithium Ion battery that's capable of  50% charge in 51 minutes.

DTEK50 encrypts all users’ information, including business critical data and personal data such as pictures, videos and contacts. Malware protection is also built-in along with back-up, wipe and restore capabilities. Additional software provides users with visibility and control over which apps get access to personal info or device features such as the microphone or camera. BlackBerry also delivers security patches on the same day that Google publicly releases information about them, which isn't the case with most other Android OEMs.

Starting today, DTEK50 is available to pre-order from ShopBlackBerry.com in the US, Canada, UK, France, Germany, Spain, Italy and The Netherlands for $299 USD. DTEK50 will be available in a number of channels around the world, including more than 40 partners from electronics stores, carriers, VARs and distributors. This includes Rogers, Bell, TELUS, WIND, Videotron and SaskTel among others in Canada. In the U.S., DTEK50 will initially be available in Best Buy, B&H and Amazon. Availability of DTEK50 in additional global channels and countries will be announced in the coming weeks.