Adp is a slight miss ahead of the jobs number on friday. Apple set to open at an all time high after the solid earnings. Company sells 40 million iphones in the quarter well hear what tim cook had to say about the future. We might see an open above 22,000 for the first time but how long can this rally continue Major Corporate news out this morning. A r Irene Rosenfeld to leave mondelez. Am up implieg tlying the lau the end of the september quarter. It wasnt only about ipad and iphone sales. Services revenue hit an all time quarterly record of 7. 3 billion representing 22 growth over last year. We continue to see great performance all around the world with double digit growth in each segment. Over the last 12 months our Services Business has become the size of a fortune 100 company, a milestone we have reached even sooner than we had expected. Go back to something that looks like a company where you can give it a higher multiple. Particularly the Services Revenue which is extraordinary
Quintanilla joined by sara eisen. Our top story today is going to be apple hitting the alltime highs. The company beat on the top of the bottom lines last night issuing stronger than expected guidance for the september quarter. Strong device shipments are building the best Revenue Growth in seven quarters, jon, with unit Revenue Growth in all categories and surprise ones ipad, i was looking for more than half the ipads life now, it has been in decline so this performance up year over year, at least sparked some hope that that might be shifting. But i want to see a couple more quarters before being confident of that. The two things that seem most significant to me off this call were the low inventory levels, the big sell through they had in this quarter, and the aggressive guide into the start of what we expect to be an iphone launch, given that so many people had expected the highest iphone to be delayed somewhat. What does this mean . Are we going to have more Iphone Models out than w
Lawmakers have begun debating whether to approve the government plans for leaving the eu. Davies says any rejection of the timetable would destroy public trust in politicians. The Supreme Court could order Prime Minister may to seek parliamentary approval for her plan. Global news 24 hours a day, powered by 2600 journalists and analysts in more than 120 countries around the world. You are watching bloomberg. Lets get a check of the Market Action right now. We are seeing hong kong with afternoon trading, down. 7 . Playing catch up to the Global Equities sell of, despite the fact that other benchmarks in asia are seeing a rebound. Caroline i am Caroline Hyde and this is bloomberg technology. Apple sales are at an alltime high. We will crunch the best ever revenue quarter for the tech giant. The ceo breaks down the most ambitious move yet in a bloomberg exclusive interview. Tech rebellion against the travel ban. We will break down a potential thecon valley plan with pipeline to challenge
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Papers law firm. The rainfall is the leak of millions of documents on tax havens set up for wealthy international clients. The attorney general searched other subsidiaries of the firm in panama and the firm has denied any wrongdoing. Some 3500 candidates mine for he 250 parliamentary seats assad said he and his wife cast their votes in the Assad Library in damascus. Vice president is drawing up plans to form a Transitional Government in brazil as dilma allegationsrpens that he is the leader of a coup
Really make it happen. But quarter after quarter the company has been able to deliver with a surprise when it came to sales for pcs which we know are in decline but perhaps not quite as much decline as wed anticipated particularly on the commercial side on notebooks where they choed real strength. That did help the quarter and on the revenue side, printing went fairly well. They did come ahead on revenues and on profit. One of my favorite notes Morgan Stanley saying they are achieving the impossible keeping expectations low while increasing revenue and cutting costs and investing and so forth and cash as well. Well talk a lot about that with meg in a minute. The futures are up a touch which means the s p could post its first threeweek win streak in three months. Meantime, were keeping our eye on the tenyear yield and overnight in asia the nikkei was almost up 3 as the markets liked the manufacturing data out of the u. S. Yesterday. First up, though, ukraines government said a tentative