The product’s parent company, Nest Labs, was co founded in 2010 by former Apple senior vice president and iPod creator Tony Fadell.

While currently not available for pickup in retail store locations, it should be making its way to the brick and mortar locations shortly.

After more than nine hours of downtime, the Apple online store returned Wednesday morning offering the Nest Learning Thermostat for $250.

The thermostat can be controlled via a free universal iOS app [App Store], with access to controls also available through web browsers.

The Nest Learning Thermostat helps you stop wasting energy, while providing control using your iPhone, iPad, iPod touch, or Mac.

Consider that your thermostat controls about half your energy bill—more than TV, appliances, and lighting combined.

The Nest Learning Thermostat solves this problem by programming itself, turning itself down when you’re away, and keeping track of your energy use.

Internally, the Nest uses a “combination of sensors, algorithms, machine learning, and cloud computing” to learn from user behavior how to best maintain a home’s environmental settings while optimizing energy efficiency.

Apple features a number of such app enabled products in its online store, including the Parrot AR.

Drone, iGrill cooking thermometer and Withings blood pressure monitor.

Jason Murdoch is a business journalist based in Hobart, Australia. Jason has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Jason spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.