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.
The iPhone 7 and 7 Plus are Apple's newest iPhones, with significant camera improvements, a new glossy black color, better battery life, faster processors, and improved water resistance implemented through a click-less haptic home button and no headphone jack. The new iPhones launched on September 16, 2016.