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Not even Elon Musk thinks he can fix MoviePass

Elon Musk has an established penchant for fixing problems. But the ailing movie-ticketing app MoviePass is not one of them. The Tesla and SpaceX CEO jumped into a brief exchange on Twitter Tuesday evening after one use asked him if he could fix MoviePass. "No," Musk replied.

Elon Musk, the billionaire CEO of Tesla, SpaceX and the face of several other burgeoning Silicon Valley enterprises, has a demonstrated penchant for fixing problems.

The ailing movie-ticketing app MoviePass is not one of them, as noted in a brief exchange between Musk and a Twitter user on Tuesday.

When asked whether he could fix MoviePass, which has experienced a roller coaster of outages, and a cash shortage,


MoviePass adds a new restriction: 'Every showtime may not be available' on the app (HMNY)

MoviePass is no longer guaranteeing that every movie showtime will be available on the app, CEO Mitch Lowe told customers on Tuesday.  The news comes less than a day after MoviePass announced plans to hike prices up to $15/month, and make big-ticket movies like "The Meg" and "Christopher Robin" unavailable for at least the first few weeks after release.  Lowe also says that MoviePass customer support may be limited in the near future, as it prioritizes customers who are already at the theater.

MoviePass is adding a new limitation: Not every showtime for every single movie is guaranteed to be supported by the app.

"Showtimes that are offered through our service will vary from day to day, and every showtime may not be available," MoviePass CEO Mitch Lowe wrote in an email to customers on Tuesday afternoon. Previously, the service would support every 2D movie showing at all compatible theaters.


Apple CEO Tim Cook hits out at Trump’s tariffs: 'They show up as a tax on the consumer' (AAPL)

Apple CEO Tim Cook spoke out against President Trump's tariffs on Tuesday, saying that they ultimately harm consumers.  He says that the tariffs haven't hurt Apple yet, though the company is analyzing whether or not the latest round of proposed tariffs could have direct or indirect impacts on its business. Read Cook's full comments below.

Apple has a dim view 0f the Trump Administration's proposed tariffs.

During a conference call on Tuesday, CEO Tim Cook said that he hoped "calm heads prevail" in the escalating rounds of trade restrictions between the United States and China. 

"Our view on tariffs is that they show up as a tax on the consumer and end up resulting in lower economic growth," Cook said. "And sometimes can bring about significant risk of unintended consequences."


Tesla is reportedly flying in non-manufacturing employees to help with Model 3 production (TSLA)

Tesla is bringing in non-manufacturing employees to help at its vehicle and battery production factories as it seeks to maintain a production rate of 5,000 Model 3 sedans each week, CNBC first reported. While Tesla has reassigned workers in the past to help boost production, the company is including a wider range of employees in the effort, including some from its energy business, according to CNBC. The move has reportedly put pressure on some of Tesla's other divisions, including vehicle service, where customers are reportedly experiencing longer wait times. 

Apple sold 13% fewer Macs this quarter, proving that its future hinges on iPhone and iPad (AAPL)

Sales of Apple's Macs shrunk 13% last quarter, over the same period in 2017. It's a trend that's been going on for a while.  While Apple says that it's investing in the Mac, it's also had a series of MacBook Pro-related embarrassments that have caused some to doubt its focus.  It's pretty clear that the future of Apple is the iOS operating system.

Apple reported its quarterly earnings on Tuesday. And while it whiffed slightly on iPhone sales, it still posted a stronger-than-expected quarter, with solid results on the top and bottom lines. 

Buried in there, though, is some bad news for Mac enthusiasts. Sales of Apple's legendary line of personal computers in the quarter


Apple is climbing after topping Wall Street's earnings expectations (AAPL)

Apple reported third-quarter earnings that beat Wall Street's expectations on Tuesday. The company said it earned $2.43 per share on revenues of $53.3 billion Shares climbed as much as 2.6% in after-hours trading Follow Apple's stock price in real-time here. 

Shares of Apple climbed as much as 2.6% in after-hours trading Tuesday following the tech giant's earnings report that topped Wall Street's expectations.


MoviePass had a year of meteoric subscriber growth and that's a problem

MoviePass' subscriber count hit a whopping 3 million in June, a staggering rise from its initial tally of 20,000 last August.

As this chart from Statista shows, the subscriber base has grown exponentially in the past year, creating higher costs for the company as it continues to grapple with an unsustainable business model. The user count is perhaps also partly to blame for the service's temporary shutdown just last week when its parent company ran out of money.

But the difficulty didn't start there. Earlier this month, the company revealed a new


Check out 5 smartphones that North Koreans have been using — and are using now

You might think smartphone use is limited in North Korea, considering how smartphones offer access to pretty much everything the North Korean government is censoring from its citizens.  

But North Koreans have been using smartphones since 2013, most of which are supposedly made within the country's borders by North Korean companies.

A North Korean news site called NKNews.org has been reporting on the country's smartphones released over the years, and some of them don't look half bad! With a few tweaks to remove the built-in censors, some of these smartphones could probably work just fine in other countries.

Check out five smartphones that North Koreans have been using since 2013, and some they're using now:

The "Pyongyang Touch"

Harley-Davidson will be playing in 4 key markets in the future — here they all are (HOG)

Harley-Davidson is making significant changes to its global strategy, but it's remaining committed to its core business. The company has been attacked by Donald Trump after shifting production to avoid European tariffs. Harley is moving toward a multi-market strategy that will involve partnerships and new motorcycle designs.

This week, Harley-Davidson announced a new global strategy.

The company affirmed its commitment to the large and profitable motorcycles that have made it a worldwide icon. But it also revealed that it will expand its business in Asia and roll out a new platform for smaller motorcycles.


LIVE: Here comes Apple's Q3 earnings (AAPL)

Apple will report its fiscal third-quarter earnings on Tuesday after markets close.

Typically, the three months ending in June are the slowest in terms of iPhone sales and revenue.

But analysts are still looking for hints about Apple's iPhone launch this fall, whether the Trump administration trade war could affect the iPhone maker, and if Apple can become the first U.S. company with a $1 trillion market cap. 

Here are Wall Street's expectations for the key statistics, via Bloomberg data: 

EPS (GAAP): $2.18

Revenue: $52.42 billion

Gross margin: 38.3%

iPhone unit sales: 41.6 million

iPhone average selling price: $699

Services revenue: $9.22 billion