Strength of the iphone our josh lipton starts us off with what is at stake today. Josh is live in cupertino. Reporter hey, scott, listen, the Shareholder Meeting is really just Getting Started right now, shareholders dpa gathering. Actually in the new steve jobs theater at the on the new apple campus thats where they introduced the world to those new iphones, the 8, 8 plus and iphone x last fall tim cook is going to be here and is going to field questions from shareholders, scott. Ive been covering these Shareholder Meetings for a while now, and i can tell you cook always does seem to appreciate and enjoy these meetings he seems to really like fielding these questions from his shareholders, which typically cover a very wide range of topics but i wouldnt be surprised if shareholders also do, to your point, scott, have some questions this morning about the iphone franchise the health of that franchise, the future of that franchise you know, apple did just recently report results. We saw
Well talk to our washington correspondent. And is this the death of diesel environmentalist breathe a sigh of relief as a Top German Court rules that cities and ban heavily polluting diesel vehicles but will the saddle millions of drivers was worthless cars also on the show. A street sign this likely to get under the russian president s skin in washington d. C. The street outside the Russian Embassy has been renamed after one of putins slain enemies its a trolling tactic the u. S. Has used before to needle foreign rivals. And broad thomas a warm welcome to the show a la day after a temporary truce fails to take effect in syria a fire. Adding rages on as those the war of words between the u. S. And russia a top u. S. General has accused russia of quote behaving like an arsonist and a fire fighter in syria general joseph adl lashed out after the planned daily ceasefire collapsed the u. S. State department is also slammed moscow for backing the Syrian Government russia is certainly not he
Loss overall to the quarter. The stock is trading higher in the market, up over 1 as you can see there. Heart,me karen it will who covers g4s. Ge for us. So it comes back to power. Margin, 2. 8h a 3 percent, which was totally surprising. Sales were down 15 , really bad. Voters are down 25 , so this will continue. The order of magnitude is worse in terms of profitability. David when you we knew they were struggling with power. Is this worse than what the market expected . , 6 operatingy 5 margin was expected and we got 2. 8 , so not awful, but not going in the right direction. And that is the big ugly, nobody knows how bad it is going to get, and it is the biggest business for ge. So what does this tell us about plans going forward, spinning things off, consolidating . Does this bad performance point in a new direction . Karen i think they have already laid off 18 of the people. They will need to do more on the cost cut side there. Were worried about a goodwill writeoff. I do not think
From training to equipment to some sort of supervision command structures and everything all this has to be built up it costs a lot of money so the European Union has no doubled its funding to one hundred Million Euros the arab countries are giving some money the United States a bit and they are trying to reach three hundred million today but the even going to need more next year because this multinational troop is supposed to be operational mid twenty eighteen that is very and bishops says finances force is going from what you say most of them to still be recruited look at lee but the french also deployed some full two thousand troops to the region barbara what about germany. Germany has about two thousand troops there however these a mostly military via advisors there are trainers there people who build up medical facilities and so on its a force we know pullin traditionally has a problem was putting soldiers in such dangerous crisis areas france has been the colonial power in that r
Tweet me cramer sometimes your goal is to simply not be shane out of a great stock. You dont want to get so disturbed or dismayed that you turn into those unlucky people who buy high and sell low. They know nothing a time under way to lose money. We saw the launch of the iphone ten and it caught the entire session. Averages rose to the alltime high nasdaq inching up. 09 but apple was down apple stock is all about the difference between trading and investing. I was both a trader and investor for 21 years principal ofessiony taking longterm and shortterm positions. I can only invest and im severely restricted in what i can do but not what i say. Invest requesting trading require two different mind sets. When you invest youre going in for long hall. As club members will hear once again, you need to be disciplined. You dont want to buy all at once you buy gradually in stages on the way down when you neinvest when youve done your home work and believe in the store the stock goes cheaper tha