Shares of Apple Inc. (NASDAQ:AAPL) ended Thursday session in green amid volatile trading. The shares closed up +3.80 points or 3.40% at $115.57 with 90.61 million shares getting traded. Post opening the session at $113.86, the shares hit an intraday low of $113.49 and an intraday high of $115.73 and the price vacillated in this range throughout the day. The company has a market cap of $637.57 billion and the numbers of outstanding shares have been calculated to be 5.39 billion shares.
Apple Inc. (AAPL) on September 7, 2016 introduced Apple Watch® Series 2, the next generation of the world’s most popular smartwatch. Apple Watch Series 2 is packed with incredible fitness and health capabilities including a water resistance 50 meter rating for swimming, and built-in GPS so users can now run without an iPhone®. Apple Watch Series 2 also features a dramatically brighter display and a powerful dual-core processor. Combined with the performance enhancements of watchOS® 3, Apple Watch Series 2 makes it even easier to access third-party apps, receive and respond to notifications and conveniently use Apple Pay®. Apple Watch Series 2 will be available in more than 25 countries beginning Friday, September 16.
“We’re thrilled with the response to Apple Watch and how it’s changed people’s lives. We are committed to fitness and health and think our customers will love the new capabilities of Apple Watch Series 2,” said Jeff Williams, Apple’s chief operating officer. “With a powerful new dual-core processor, water resistance 50 meters and built-in GPS, Apple Watch Series 2 is packed with features to help our customers live a healthy life.”
Fitness & Health
Apple Watch Series 2 is rated water resistant 50 meters for swimming, surfing or just playing in the pool. For swimmers, Apple developed all-new algorithms after hundreds of hours of research for two new workout options, pool and open water. Apple Watch Series 2 can count laps, track average lap pace and auto-detect stroke type to accurately measure active calorie burn.
With built-in GPS, Apple Watch Series 2 records precise distance, pace and speed for outdoor workouts such as walking, running or cycling, without needing to take an iPhone. Users can begin an outdoor workout immediately as Apple Watch Series 2 uses Wi-Fi, GPS and locally stored satellite data to quickly identify their location. On completion of an outdoor workout, view a route map that shows variations in speed in the Activity app on iPhone. Whether running, going for a swim or walking between meetings, the Activity app on Apple Watch Series 2 counts all daily activity towards the Stand, Move and Exercise rings.
Shares of Ford Motor Company (NYSE:F) ended Thursday session in red amid volatile trading. The shares closed down -0.03 points or -0.25% at $12.11 with 57.37 million shares getting traded. Post opening the session at $12.14, the shares hit an intraday low of $12.06 and an intraday high of $12.18 and the price vacillated in this range throughout the day. The company has a market cap of $46.90 billion and the numbers of outstanding shares have been calculated to be 3.90 billion shares.
On September 16, 2016 Ford and the University of Michigan announced they are teaming up to accelerate autonomous vehicle research and development with a first-ever arrangement that embeds Ford researchers and engineers into a new state-of-the-art robotics laboratory on U-M’s Ann Arbor campus.
While the new robotics laboratory opens in 2020, by the end of this year Ford will move a dozen researchers into the North Campus Research Complex (NCRC).
The announcement is the latest in a series of actions by Ford as it moves toward having fully autonomous SAE-defined level 4-capable vehicles available for high-volume commercial use in 2021. Autonomous vehicles are part of Ford’s expansion to be an auto and a mobility company.
“Ford engineers and researchers will begin working shoulder-to-shoulder with U-M faculty and students to test and learn about autonomous vehicle technology and innovation,” said Mark Fields, Ford president and CEO. “We are aiming to show the world what we can achieve when leaders in business and academia work together to make people’s lives better.”
Ten years into the Ford-University of Michigan Innovation Alliance, the two parties have agreed Ford will lease the fourth floor of the new robotics laboratory. It is an approximately 140,000-square-foot building on Hayward Street, east of the university’s Space Research Building.
The planned robotics laboratory will have space where machines walk, fly, drive and swim. The building will house labs, offices and classrooms, continuing a tradition of robotics leadership at U-M that includes the creation of MABEL, the world’s fastest-running robot with knees.