But first, apple analysts have lowered iphone x shipment projections for the next quarter citing weak demand late in the , holiday season. Iphone sales have declined by 10 Million Units next quarter. Other analysts cite the iphones high price and a lack of groundbreaking innovations. We talked about that to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. And so there was a fear that maybe if they got too close to the release date of samsungs next highend smartphone which will probably come in march, there would not be enough demand to sustain the demand they otherwise have to get. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products now which have a better price point than what apple is able to offer but have similar very , similar features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analysts were writi
Lowered iphone x shipment projections for the next quarter, citing weak demand late in the holiday season. Iphone sales have declined by 10 Million Units next quarter. Other analysts cite the iphones high price and a lack of groundbreaking innovations. We talked about that to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. And so there was a fear that maybe if they got too close to the release date of samsungs next highend smartphone which will probably come in march, there would not be enough demand to sustain the demand they otherwise have to get. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products now, which have a better price point than what apple is able to offer, but have similar very features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analysts were writing earlier today, that has not been enou
Year stocks falling for a third day. , luxembourg and portugal higher. As a whole, the stoxx 600 is down for a third day. We are seeing the euro rise to a threeyear high against the dollar. All these currencies rising against the dollar as yields are gaining across europe today. Fairly hawkish comments from the ecb about the qe program. We will talk to Richard Jones about that one a little later. We had some pmi manufacturing data out of the u. K. Today. Lets look at the eurozone equivalent, rising by a record in december, capping a solid year. 60. 6 was the figure. That is a big increase in line with flash estimates since the survey began in 1997. The performance in december was not a flash in the pan. The average reading for 2017, new orders rose the most in 17 years, export demand at or close to record levels in a number of countries as well. Eurozone manufacturing, this is u. K. House prices. Two coastal areas saw the biggest house price increases in the u. K. Last year. Cheltenham
Heading higher in asia. Here at home, war of words. President trump seeming critics after several lawmakers accused the commanderinchief of using an expletive was trying to make a deal over daca. Im not a racist. I am the least racist person youve ever interviewed. Dagen the president under fire with dick durbin insisting mr. Trump made those comments. One republican has come to good president s defense was david perdue saying President Trump did not use the word calling the claims a gross misrepresentation. President trump says democrats dont want a daca deal ahead. Sounding the alarm, the worker in hawaii who accidentally sent a missile alert message will be reassigned. News comes as the government says it will review the Emergency Alert system with chaos for more than 1 Million People. History hitting the road again. What automakers are hoping a blast from the past can help see how. And thats a chevy blazer. It is a miracle in minnesota. The highlights of the vikings stunned the sce
Day, gmm , look at the color, equities down for a fifth day of declines for european equities, the worst since november. Stoxx 600 down by its biggest amount since november 9. On track to fall for a second week and the biggest weekly drop since 2016. To put it in perspective, the dax has given up all its gains for the year, up 5 through january 23 and today down 1. 5 . Currencies getting hammered against the dollar in the wake of the strong jobs report. Look at bond yields across europe, the german 10 year yield at the highest since september of 2015. Are falling with bond insurance is your final column on the wonderful gmm function. It is all about the markets, big news on the corporate front, astrazeneca says annual revenue will rise for the first time in four years. They releases a flock of new products from cancer, asthma, and other disorders, their chief executive working to transform the company into a Drug Development powerhouse that could rebound from waning sales of older prod