Revenue beat estimates. It climbed 22 from just a year ago, and that sent shares of the widely held company in mutual funds and retirement accounts among other blaises initially higher in extended trading. Our josh lipton has more on apples quarterly results. Reporter 48 million, that was the big number in apples latest Earnings Report. Thats the number of iphones that apple shipped in the quarter. And that was up 22 year over year. It was in line with what wall street had forecast. Remember, we can talk about apple pay or apple music, but the end of the day, this is an iphone company. It is the iphone that generates the bulk of this companys sales. Some investors and certainly some analysts on wall street concerned about whether apple can meaningfully grow iphone units in the quarters ahead. A maturing smartphone market, a slowing china and certainly tough comps. I did have a chance it 0 speak to apples ceo tim cook. He remains confident and knows that more people than ever are switch
Im ali velshi and this is real money. This is real money. Youre the most important part of the show. Hit me up at facebook. Com ali velshi. Well have more on the huge bank of america settlement. Who gets that money . Will average homeowners see any of it . Thats later. But first the crisis in ukraine is heating up to a boiling point again. Today n. A. T. O. Sounded the alarm. 20,000 Russian Troops who deployed along eastern border. Troops who say troops could cross over ukraine to shore up russian rebels any time. With artillery and airstrikes thats the conflict going on there. But there are things heating up. Did moscow authorize ban imports. This is a low cost way for russia to hit the United States and European Union countries over sanctions. Russia isnt ready for the big thing, to cut off natural gas supply to europe in retaliation. In a minute well discuss why. This means russias new sanctions on the west likely wont have a the same bite. Russian economy teetering on the brink of
Unbelievable whether it is mna, the fed cracking down again on the biggest banks in america. The list goes on. Time for the top business stories from around the world. Walgreens joining those who up agreed to by Companies Overseas this summer. The drugstore chain says it will not move his headquarters from illinois when it requires acquires the group. It may take action to limit use of the socalled tax aversion. Time warner has news of its own. The day after Rupert Murdoch said it is dropping a takeover posted earnings that beat estimates. Time warner says it will buy back 5 billion of shares. Shares are down about 10 in early trading. As shakeup at the countrys third biggest wireless carrier. Sprint replacing dan hesse he with the founder of mobile phone distributor bright star. Ending the pursuit of rival tmobile after concluding a deal would be unlikely to survive an antitrust challenge. Copsere are a lot of policing wall street these days. The new York Attorney general, state super
Money. This is real money. Youre the most important part of the show. Hit me up at facebook. Com ali velshi. Well have more on the huge bank of america settlement. Who gets that money . Will average homeowners see any of it . Thats later. But first the crisis in ukraine is heating up to a boiling point again. Today n. A. T. O. Sounded the alarm. 20,000 Russian Troops who deployed along eastern border. Troops who say troops could cross over ukraine to shore up russian rebels any time. With artillery and airstrikes thats the conflict going on there. But there are things heating up. Did moscow authorize ban imports. This is a low cost way for russia to hit the United States and European Union countries over sanctions. Russia isnt ready for the big thing, to cut off natural gas supply to europe in retaliation. In a minute well discuss why. This means russias new sanctions on the west likely wont have a the same bite. Russian economy teetering on the brink of recession. It had zero Percent
Investors looking to build off the markets first win for the new year. If you still want more mark lazry says energy debt could return 30 . Mixed bag for two retailers. Family dollar missed numbers, costco ahead of numbers. Outside of business, a live update on that manhunt in paris. Futures are up sharply as stocks aim for a second day of gains after the s p snapped a fiveday losing skid wednesday. Oil prices on the rise. All ahead of tomorrows big jobs number. Jobless claims did fall last week to 294,000. Jim, its more about costco today and chipotle at 700. Urban comps going positive. Raw costs coming down. At the same time more traffic, more larger ticket prices. People are spending again and i think thats the theme. I think there is way too much being talked about expenditures in oil patch are coming down. That icons traited in texas, louisiana and north dakota. Sunflower oil used to be the big oil in that state. Lets not lose sight of the fact disposable income 1,000 more in ever