Roughly 50 of the island 3. 3 Million People remain without power. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im nabila ahmed. This is bloomberg. Cory im cory in for emily chang, and this is Bloomberg Technology. Apple shares take a hit after lackluster demand for the iphone x. Celebrate a very strong holiday season. We will look at how the smart home tech gadget fits into amazons plans for 2018. Rallyingwhat a ride, at 16,000 after last weeks big fella. What does this mean about bitcoin bubble . First to our lead. Apple analysts lowering the iphone x shipment projections for the first quarter, citing weak demands during the holiday season. Shares falling more than 2. 5 . 10 million fewer units will be in q1nq1 2018 sold 2018 compared to the current quarter. Joining us right now is alex. We talked about this on Bloomberg Radio a while ago, and this is really interesting because it is a projection of what is about to happen
In the background check system for gun licensing and sales. Homeowners in states with the highest property taxes are looking to prepay 2018 bills ahead of a 10,000 cap on the deduction for property taxes. The new laws come with the gop tax overhaul President Trump signed last week. Tens of thousands of puerto rican residents remain withouttl power more than three months after Hurricane Maria destroyed the u. S. Islands electrical grid. A study conducted this month by local engineers estimated roughly 50 of the island 3. 3 Million People remain without power. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im nabila ahmed. This is bloomberg. Cory im cory in for emily chang, and this is bloomberg technology. Coming up, apple shares take a hit after lackluster demand for the iphone x. The tech giant can the jets can the tech wrong . Rove the analysts plus, amazon celebrate a very strong holiday season. We will look at how the smart
Change directions. The announcement of her pick could come today during a Campaign Event in tampa, florida. Just completed republican convention. Global news 24 hours a day powered by 2600 journalists and analysts in more than 120 countries, i am mark crumpton. Emily im emily chang in this is bloomberg west. Coming up, verizon can see the finish line in the race for yahoo details on the Telecom Giant 5 billion pitch. Pandora opens up. One million active listeners have tuned out. Founder and ceo Tim Westergren explains why he is not worried. And its not a michael bay movie without its epic explosions. Now you can get to experience them and Virtual Reality. Details on how the director is stepping up his v. R. Game. First to arlie. Verizon is on the verge of winning the battle for yahoo verizon is nearing a deal to buy intranet assets for 5 billion. At this stage, the deal does not include yahoo s patents. The deal may be announcing coming days, ending a month long bidding process. Tech e
The talks come a year after monsantos previous attempts fell apart. Hillary clinton now has a challenger in the race for the 2016 democratic president ial nomination. Vermont senator Bernie Sanders has officially announced his candidacy. Senator sanders i believe in a democracy that elections are about serious debates over serious inssues not making campaigns into soapb oxes. This is not the red sox versus the yankees. This is a debate over major issues. Emily sanders considers himself a socialist and caucuses with senate democrats. Expedia is aiming to complete its takeover of rival travel site orbitz by the end of the year. In its First Quarter Earnings Report, sales rose. Profit grew to 44 million. Bookings were up 19 but expedia says that hotwire business continues to be challenged. Many boxing fans are getting priced out of the Floyd Mayweather Manny Pacquiao fight. The cheapest tickets are going for 3400. Mgms resort holds exclusive payperview rights. Mario draghi spoke about bei
Breaking news to get to. It is really too bad for you because i want to tell you about the weekend i had. But we have to get you news on the economy. The u. S. Manufacturing index is out. Mike mckee is in the newsroom. I really feel like i am interrupting something. The news i have is not so great. We are still expanding. It is still a good number. But it did not meet expectations. Without we would rise to 55. We thought we would rise to 55. We are still in positive territory. 55. 2 for production. The come down just a touch from where they were the prior month. Manufacturing is good, but not quite as good as it was in april. The number we want to watch this week is employment. It drops back as well to 51. 9. Will manufacturing in tribute to the payroll report . The forecast is for 10,000 new jobs. This may call that into question. We may have to see how the adp number comes out on wednesday. Now tell us about your dinner. We are going to have to get your jobs number guess for friday.