Sentiment. Weak pc demand sending revenue down 5 . But they buck the trend. The turn around strategy pays off as it defies a slow down in china by targeting the high end of the market. Welcome everyone to the show. Shares in apple fell in after hours trade after investors ignore the quarter. They focus on weaker than expected forecasts for revenue in the Fourth Quarter and there were some other reasons they turned sour on the stock. Iphone sales came in at 31 billion with shipments 3 billion below estimates. They also bundled other devices. The tech giant would only say june sales were higher than april or may but the lack of detail left some analysts speculating over the success of the newest gadget. The Earnings Report is also weighing on tech stocks here in europe. Investors are also shrugging off a 32 rise in Second Quarter profits from chip designer arm despite earnings being broadly in mind with expectations. Simon cigar spoke to cnbc earlier about a possible apple takeover. Ther
Laura thousands have gathered in Central Manchester tonight to remember the victims of last night suicide bombing at a pop concert every 22 people were killed, almost half of them children. The youngest of whom was just 18 youre so eight years old. 69 others were injured. Police identified the man who they suspected of carrying out a suicide bomb attack at the Manchester Arena. Abedi. Old salman a we were arrested 23yearold man in connection with the attack and also carried , one in fallow field. I just wish to reassure those communities that was something that we were doing to gain safe access and theres nothing to be concerned about. Laura Manchester Police are now working to find out if that man was working alone or whether he had accomplices. Its the day after the worst terrorist attack on british soil in 12 years. And forensic investigations at the Manchester Music of ancient menu continue. On to state ministers attended a meeting of the emergency Cover Committee after which briti
Laura thousands have gathered in Central Manchester tonight to remember the victims of last night suicide bombing at a pop concert every 22 people were killed, almost half of them children. The youngest of whom was just 18 youre so eight years old. 69 others were injured. Police identified the man who they suspected of carrying out a suicide bomb attack at the Manchester Arena. Abedi. Old salman a we were arrested 23yearold man in connection with the attack and also carried , one in fallow field. I just wish to reassure those communities that was something that we were doing to gain safe access and theres nothing to be concerned about. Laura Manchester Police are now working to find out if that man was working alone or whether he had accomplices. Its the day after the worst terrorist attack on british soil in 12 years. And forensic investigations at the Manchester Music of ancient menu continue. On to state ministers attended a meeting of the emergency Cover Committee after which briti
Develop quite nicely in Second Quarter have been helped by nice weather in europe indeed and the time for talk is over u. S. Calls on china to impose sanctions on north korea as President Trump and the japanese Prime Minister shinzo abe agree on action after the latest missile test good morning, everyone, brand new edition of street signs. It is monday, final trading day of july. Fairly positive start here doing well on the manufacturing data coming out of china show you what the european markets are doing. Ftse 100 up. 4 after dax is higher. Lets come back to the sectors i mentioned minors, theyre doing very well among top formers following Australian Shares and manufacturing data. Stable under lying growth despite coming in under expectations basic resources up by 1. 3 banks are doing pretty well this morning. Look at that sector. Up by. 05 beating expectations europes biggest bank announced 2 billion Share Buy Back. Third move in a year should be completed before 2017 and will take
Auto maker by globalizing models, cutting costs, boosting technology. It is unclear if he will play some role in the self driving car program. Yahoo will return cash to shareholders when it sells stake in alibaba. They will use at least half of any proceeds from the sale to fund the project. Yahoo reported Quarterly Earnings showing the Company Still struggling to deliver growth while contending with popular rivals. They will sell 148 million shares down from the originally planned 208 million. Now to the lead story of the day, apple and ibm burying their past rivalry. They will develop apps for the apple iphone and ipad tailored to work with ibm Data Analytics and cloud services. Ibm will sell apple products directly to business clients and apple in turn offers apps support. This will help them expand into the enterprise market. Helping them stay relevant in an increasingly mobile environment. Im a to bring in bloomberg west editoratlarge cory johnson and Senior Analyst from jmp secur