Archive | July 24, 2012

Apple Q3 Up But Below Wall Street Estimates, Again

24 Jul

Apple posted third quarter revenue of $35.0 billion and quarterly net profit of $8.8 billion, or $9.32 per diluted share. These results compare to revenue of $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share, in the year-ago quarter. Gross margin was 42.8 percent compared to 41.7 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

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Blackmagic Design Acquires Assets of Cintel International

24 Jul

Blackmagic Design has acquired the intellectual property and all aspects of Cintel’s entire portfolio of film scanning products, following the liquidation of Cintel International earlier in 2012. This includes all of the IP, name and brand ownership and product development rights for the Cintel diTTo and dataMill digital scanners lines, URSA, C-Reality, DSX, and Millennium telecine lines as well as imageMill data management products. With this acquisition Blackmagic Design moves into yet another Digital Cinema field after the announcement of a new Digital Motion Picture camera at NAB and the previously acquired DaVinci color correction technology. They’ve come a long way from only making inexpensive converter boxes just a few years back.
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