Tag Archives: Technology

Apple lifts profit 44% on flat sales, currency gains

Apple Sales New Zealand, the local unit of the iPad and iPod maker, increased annual profit by 44 percent, on largely unchanged sales, as it benefited from a gain on its currency positions. Profit was $15.1 million in the year ended Sept. 27, up from $10.5 million the year earlier, according to its financial statements lodged with the Companies Office. Sales rose to …

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LanzaTech annual loss widens to $40.5M as biotech firm scales up, hires workers

LanzaTech New Zealand, which counts US billionaire clean-tech investor Vinod Khosla as its biggest shareholder, posted a wider full-year loss as the company scales up technology that uses microbes to convert industrial waste gases into fuel-grade ethanol and other useful chemicals.  The Chicago-based biotech firm reported a loss of $40.5 million in calender 2013, from a loss of $35.1 million a year …

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