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Apple Hits $28.27B In Quarterly Revenues, Virgin Galactic Dedicates Spaceport, Twitter Signups Spike After iOS 5

Breaking news from your editors at Fast Company, with updates all day. Apple Posts Quarterly Revenue of $28.27 Billion . Riding record Mac and iPad sales, Apple reported $6.62 billion of net quarterly profit, up from $4.31 billion the same quarter last year.

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Selling Space Flight To Everyday Earthlings

Early in August, Seattle’s Space Needle and Space Adventures launched a scheme that promised to let one lucky earthling cozy up with the stars, offering a trip to space as the prize in a contest open to the public.

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NASA Flying Into Space Commercially With Virgin, For The Very First Time

We knew Virgin Galactic had hopes of using its capacious SpaceShipTwo-class reusable spaceplanes for more than just joyrides into zero-g, but NASA's new contract with the fledgling space company is a milestone for the entire business, as well as Richard Branson's wackiest venture. As Virgin notes, "this arrangement marks the first time that NASA has contracted with a commercial partner to provide flights into space on a suboribtal spacecraft." The decision came out of NASA's Office of the Chief Technologist, source of some of the most paradigm-changing pieces of news from NASA recently, and it's technically a further step in a program that's already seen NASA technology flights on low-altitude rockets

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