Apple is the biggest market this Biggest Company out there but it is trading down this morning. It reported its first Quarterly Earnings and raised questions about a lot of things. We are wondering if theres any growth the Company Generated more revenue than projected but as projections have made investors uneasy. Time when i think of apple and i look at them putting the biggest quarter up and i say its not that bad that the growth is not there. The issue is not the current quarter. It is the outlook going forward. Are issues where if you look at the shipments, they are beginning to really slow. They need to innovate and they need a larger screen phone. I would argue they need a low cost iphone. I dont think that will ever happen. I dont think they will do that. They seem to have a willingness to stay on the upper part of the market. They have like an 18 market share but 80 of the profits. The premium segment is now saturated. The growth there is slowing. If you look at the charts, it
That time. Isnt that ironic . But we are having a very good day today and many would point out on very light volume, which is understandable. I always point that out. You can still make money whether volume is up or down. If i own apple and it moves up, i dont care if it is low or light volume. I have clocked in a gain. The market is is not sluggish on this abbreviated trading session after the thanksgiving holiday. A triple digit gain. Light volume but still a 100point gain is a 100point gain. Whats in store for investser between now around the end of the year. The markets Historical Performance between thanksgiving and new years the dow is up an average 1. 4 . The s p 500 up 1. 5 . And the nasdaq, the outperformer there, up by 2 , on average. Joining us with their thoughts, quinn, we just kept getting stronger as we went into the close today but youre still skeptical. Youd be selling into this rally. Wouldnt you . Absolutely. I think this is an opportunity to take it off the table. I
This abbreviated session. This is historical tendency in terms of the period between thanksgiving and december 3rd. Most of the time we are higher in the markets and were seeing that play out so far in future. Look at the picture in europe. A surprise increase in german Business Confidence there really helping to push the indices higher across the board with the exception of spain which is down by. 2 of 1 . It is the most wonderful time of the year for the retailers. Millions of shoppers are hitting the malls this black friday looking for door buster deals. A number of Stores Including walmart, target and toys r us upping the ante with thanksgiving night openings. 147 Million People will hit the malls and Stores Friday through saturday slightly below last years levels. Unbelievable number of people who started lining up so early. I mean, a week ago. Those people we saw at best buy with the tents. We assume they got whatever they were after. I certainly do. I certainly do. There were un
In, so if you have your leftovers from thanksgiving, you can join me at10 00, we also have an nfl player weighing in on ferguson. And dont forget to set your dvr so you never ever miss an episode of the five. Black friday shoppers take a big bite. This is special report. Good evening, the traditional predawn black friday madness was a lot les crazy in many place this is year, with more and more Stores Opening on thanksgiving, the crush of shoppers, hunting for never seen before in the universe sale prices, we have fox team coverage, william is in long beach, california with how some Union Members tried to make shopping at one retailer a lot more difficult. But we begin with peter doozy in
spring field, missouri. News from target, they sold 1,800 tvs a minute and 2,000 video games a minute for the first hours they were open last night. In a few places, though, it was more like black and blue friday. And fistfights arose and rides in some police cruisers. But the fact that retailers open
But a lot of folks went hunting for deals this morning to find out that they are already too late. They waited in line to be a door buster. No longer here. They told him last night at 10 00. I think its false advertisement. The tradition of sitting in the cold and waiting may soon be a thing of the past as more people take advantage of stores that open early on thanksgiving and stay open throughout the night. So you just have been shopping for how many hours . Got here about 3 00. 3 00 a. M. So you havent slept . No. You love it . Yes. Retailers say they are hoping folks are feeling more confident this Holiday Season with lower gas prices and lower unemployment. Thats crucial for the socalled black friday twh stores traditionally start to turn a profit entering the black ink as they say. It counts for more than 2 3 of economic activity. Peter doocy is live in springfield, virginia, at a shopping mall. Peter, how are shoppers behaving themselves today . John, some black friday shoppers