Than expectations. 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 t
Than expectations. 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 t
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
7 sell off in oil was too much and things fell apart in the afternoon. The drop improved after a few days of stabilization reignited growth concerns. The Federal Reserve begins a two day meeting tomorrow. While no Interest Rate move is expected, the feds view and tone on the economy will be key. There is also a lot of data for investors to pour over this week as well as about quarter of the s p 500 Companies Reporting their earnings. The dow fell 215 points. The nasdaq dropped 72 and the s p was off 29. Shares of caterpillar was one of the biggest drags after Goldman Sachs downgraded to sell to neutral. Shares of caterpillar were down 5 on the day. On the flip side, mcdonalds was one of the best performers after they saw global sales surge 5 and domestic sales did even better up nearly 6 . The big catalyst, all daybreak fast. Shares gave back a lot of early gains as the overall market sold off but still managed to sell higher. Jane has more. I saw a new billboard driving in this mornin
And things fell apart in the afternoon. The drop improved after a few days of stabilization reignited growth concerns. The Federal Reserve begins a two day meeting tomorrow. While no Interest Rate move is expected, the feds view and tone on the economy will be key. There is also a lot of data for investors to pour over this week as well as about quarter of the s p 500 Companies Reporting their earnings. The dow fell 215 points. The nasdaq dropped 72 and the s p was off 29. Shares of caterpillar was one of the biggest drags after Goldman Sachs downgraded to sell to neutral. Shares of caterpillar were down 5 on the day. On the flip side, mcdonalds was one of the best performers after they saw global sales surge 5 and domestic sales did even better up nearly 6 . The big catalyst, all daybreak fast. Shares gave back a lot of early gains as the overall market sold off but still managed to sell higher. Jane has more. I saw a new billboard driving in this morning that said actions speak loude