Offer that boosted the deals with 5 million. We look at the risks they face as they try to live up to the hype. Figuring out which Health Insurance plan to choose can be confusing. We speak with an hr startup designed to help employees choose the best health care coverage. To the lead, apples new iphones are off to a fast start, setting a new record for Opening Weekend sales. Apple sold more than 10 million iphone six and six pluses, beating the five and five c by a million. We manage the manufacturing rent better than before, we couldve sold more iphones with better supply. We are working hard to fill orders as quickly as possible. The phones went on sale in nine countries, able go on sale in 20 additional countries later this week. One place that will not be happening yet as china, where the new phones are delayed. When will chinese consumers be able to get their hands on them . Joining us now, cory johnson. I have been playing with my new phone over the weekend. The iphone 6 in gold
They want us to get the job done. All of us, in both parties. Leaderte republican Mitch Mcconnell says he would also like to end the gridlock in washington. Soaring, 1cbs billion for the proceeds of the spinoff of a Billboard Company the outdoor tv and ad revenue up slightly. Strong ratings from thursday from nfl games. Againina hitting qualcomm in the monthly earnings report. Till having trouble connecting license fees from reluctant chinese companies. Lowering the forecast as a result and revenue in the Fourth Quarter rose just 3 yearoveryear. Net income up 26 . And a popular question in silicon valley, are we in a tax bubble . I dont think it is a bubblelike in the late 90s. I think the bubble is the type of social phenomenon and only happens when the public thats involved. The in the 90s, housing in 2000. This time around, the public has not been involved. You have 300 ipos a year in the u. S. And today you may have 30 or 40 a year. He says the companies hes invested in do not feel
1. 14 . Some would speculate we dont know why. We could round up the usual suspects, but i think we have a big hangover from the Alibaba Party and were simply ripe for a pullback. I know the phrase more sellers than buyers comes to mind on days like today, the sill gym that it may be, but lets at least go over some of the proximate causes so we can get our arms around what happened today, embrace for more selling after a halcyon run. The futures market, they were down big before even stocks opened for training. The reasons for the decline are something we better get used to, so lets tick down the reasons we decline pretty horribly today. The average has been going up, but underneath there was a difficult rotation. In short, investors had been fleeing certain sectors, running into other sectors. Theyve been fleeing chiefly the industrial sectors, and we saw heavy selling in that group today. For example, in this this morning when i wok at 4 30 i know, i slept in to celebrate the eagles
Lets get Stephen Engle invasion. What are they saying this time . It is coming in below the previous month for october. This is the services pmi which includes banking, telecommunications, and property, coming in at 53. 8. The previous month was 54. Me extrapolate this out previous month, 54. 4. This is the weakest since january. 52. 8 for the services pmi. Obviously the property weakness is hurting the sentiment in this sector, despite the fact that authorities on a nationwide level have relaxed some of the property curbs. It is going to take some time to filter in. Another sign of continued slowing pace of growth for the chinese economy. Also manufacturing pmi out today in about 45 minutes. What are we expecting . This is the hsbc and the market surveys. I want to make one more note on the services pmi. 53. 8 is still an extension. Anything above 50 is an expansion. The number is decreasing, the lowest number since january. On saturday, manufacturing, we got the number for the offici
Be an increase risk. Lets go to sydney, paul allen is there. What sort of risks are these leaders talking about . Canadas finance minister summed it up neatly. He said that the search for return in a low yield environment is prompting investors to seek higher risk investments. There is a rare if there is a reappraisal, there could be considerable losses. The finance ministers and governors to debate whether to include in their communique, a warning for investors to be vigilant about taking risks. In the end, they left it out. The factor that has been leaked lets them have it each way. That they are concerned that the easy monetary conditions to produce excessive risktaking. If there is a rest and having too much stimulus, there is also a risk in withdrawing it. We have seen that with the capital outflows from emerging markets. There are suggestions that the outflow is going to harm the g20, and others that it is promoting Economic Growth. What about that . That is something that the tr