The hardware cost of an Apple Watch Sport model was about 24 per cent of the suggested retail price compared with 29-38 per cent for the iPhone maker's other products.
The spinoff will separate the payment business - which contributes a little over 40 per cent to eBay's revenue - from its marketplaces and enterprise businesses.
Twitter said in a blog post that the Gnip deal allowed it to burrow more deeply into the 500 million tweets sent daily on its network.
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