The gunman, Stephen Paddock, fired from the 32nd floor of the Mandalay Bay Resort and Casino, about 500 yards away across South Las Vegas Boulevard. The two sites on opposite ends of the massacre are both owned by MGM Resorts International, which will have to decide what to do with them.
They don't. Apple releases iPhones on about the same schedule, sometimes slower, as other smartphone manufacturers. The release a new iPhone about once every year (usually in September). This is the new industry standard and by no reason so often.
And yes, according to reports, Apple is now gearing up for its annual September iPhone event where it is expected to release the successor to the iPhone 5-- presumably the iPhone 5S -- and another phone called the iPhone 5C.