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On March 1, 2018, the Company acquired processing prepaid platform, servers, POS terminals, customer list, a processing software program from ECS Prepaid LLC. The core asset of ECS is its processing software program, which Gopher intends to marry immediately into the prior acquisition of the UGO HUB and the UGO brand of products. ECS PrePaid's core operating system currently operates over 9,000 terminals in retail locations throughout the United States. These terminals process over 14,000 transactions a day and have capacity to entertain at least three times its current volume, without further software expense. This platform generated approximately $32 million in revenue for the year ended December 31, 2017 (unaudited), approximately $4.2 million for the month of January 2018 (unaudited) and approximately $4.3 for the month of February 2018 (unaudited).
Apple's iPhone X may have only been on sale for a few days, but Apple's plans for its successor are already being analysed. Experts say there are three new iPhones on the way - including Apple's biggest ever phone with a gigantic 6.5 inch screen. All three will abandon the home button in favor of Apple's FaceID system, analyst Ming-Chi Kuo of KGI Securities believes. Is this Apple's 2018 lineup? Experts say there are three new iPhones on the way - including Apple's biggest ever handset with a gigantic 6.5 inch screen.
Oracle released first quarter financial results Thursday after the bell. The Redwood Shores, Calif.-based company reported a net income of $2.2 billion, or 52 cents per share. Android or iOS is one of the biggest decisions you'll make for your company, especially regarding security. Non-GAAP earnings were 62 cents per share on a revenue of $9.2 billion, up 7 percent from the year prior. Wall Street was expecting Oracle to report first quarter earnings of 60 cents a share on revenue of $9.03 billion.
Apple's stock market value is heading towards a new milestone and its latest product launch on 12 September could push the tech giant closer to becoming the first ever $1tn (£760bn) company. At the end of last week, the company's market capitalisation hovered around $830bn, continuing a 10-year run that has generally headed upwards since a low of $69bn in January 2009, during the financial crisis. Tuesday's event, with the iPhone 8 the star attraction, will strive to meet investors' – and customers' – vaulting expectations. But what will Apple tempt users with to justify Wall Street's faith in its future profits? An Apple spokesman declined to discuss what will be revealed at the event in the company's $5bn, spaceship-shaped Cupertino headquarters.
A Wall Street firm believes Apple's next phone will ship on time this fall, so there's no need to wring your hands and pace the floor about rumored iPhone 8 delays. And that's good, as you'll need those arms and legs in top shape, since it also sounds like you may have to sell one or both of them in order to afford an iPhone 8. That's according to JPMorgan, which has published an analyst note about the iPhone 8's fortunes. News outlets, which reported on JPMorgan's research, says an analyst for the investment bank expects the phone to launch on time. As for the second half of that good news/bad news report, that same analyst lists the expected average selling price of the iPhone 8 at a fairly staggering $1,100. Talk of a delayed iPhone 8 launch had been heating up over the last couple weeks, amid reports that Apple was having a hard time finding a way to integrate a Touch ID fingerprint reader into the expanded display of the iPhone 8. Other reports suggest that Apple is struggling to get other features like face recognition and wireless charging to work flawlessly with the new phone.