Ended with a thud. Now, why do we pay so much attention to this one company . Well, because you may own it outright or own it in your mutual funds and not even know it and no matter the company has an outside influence on indecks such as the s p 500 and the nasdaq. For a superstar like apple, todays results were nothing less than stunning. Quarterly revenue fell for the First Time Since 2003 and sales of iphones, apples postpo popular product, twothirds of revenue, declined for the first time ever. Apple earned a buck 90 per share. Expectations were 2, revenue mixed, came in more than 12 lower than one year ago. Worse, the outlook was tepid. Investors show their disappointment, shares falling sharply in initial after hours trading. Just listen as more on the dow components disappointing results. 51. 2 million. That was a big number, that is the number iphones shipped in the quarter. That did beat estimates. Analysts predicted iphones at 53 million. Still that was down 68 . I had the op
At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this restructuring is a tool to do that. And what it allows us to do is it allows us to be more efficient, to be more profita e profitable, and to increase investments in some of these new areas. The data center, the memory, internet of things dominic chew goes inside intels results. Reporter theres a reason why intels Earnings Reports are of such interest to investors. Its the worlds biggest maker of comp
Making it to the professional level afterwards . Sports like soccer are played from a young age, and students like felix petermann, goalie for the san jose state soccer team, says continuing to play was the right decision. I made the decision many, many years ago that i wanted to take that risk. That i wanted to go pro. Play professional soccer. Just because i think what is better to do than making your biggest passion, making work out of it. Making your money out of it . Lacrosse is another physical sport that is found on san jose state grounds. It also poses threats like concussions. While the risks are there, team sports like lacrosse teach discipline. And some players say its worth putting their bodies on the line. When you play a team sport, you learn discipline. You learn teamwork. You learn other things that you dont really get outside in the open world, unless you go out and look for it. And on a team, you just you kind of learn to Work Together for a common goal. Despite numer
Womans condition. Reporter the very latest is that the woman and her unborn child are in stable condition. They are not in any grave danger. Thats the good news we have to report. The woman, an Office Worker at the apartment complex behind me is about to go on ha attorneyity leave next month. Investigators scoured the apartment complex for evidence. The Pacifica Police say the key pieces came from the victim, 25yearold marissa johnson. An Office Worker who police say identified the shooter as an exboyfriend, 26yearoldyearold ricardo, 55, 125 pounds. Ruth cooper, a neighbor was woken by the crack of the gunshot. She attempted to take him to court because he had damaged her car. Reporter Pacifica Police wouldnt confirm what caused the shooting, only that johnson was struck on the head. By the time i came out, she was sitting on the bench bleeding. Reporter doctors chose against an emergency procedure to save her unborn child. Police say mother and baby are expected to survive. Seniors at
Released on no bail. The prosecutor wanted the bail set at 10 million each. But the judge was very careful in saying the prosecution did not prove that the three defendants though charged or accused i should say of murder would be a threat to Public Safety if they were released. And so thats how she came to her decision. The courtroom was packed today. People very emotional. A lot of them family members and Close Friends of the three deputies. At one point the attorney for Raphael Rodriguez, 27, asked people to stand up people there to support him and there were about 20. The other two defendants were jereh lubrin and Matthew Farris. They allegedly beat two mentally ill inmates. Beat Michael Tyree so badly he died. The prosecutor argued there should be bail set especially in light of new evidence, Text Messages that he says show a pattern of inmate abuse allegedly among the deputies about six months before the beating death of tyree. One text from Raphael Rodriguez to Matthew Farris re