The tech giant accounting for 10 of the move down in the blue chip index and joe you were right. Not yet. As it goes. So goes apple, so goes the market, right . Not just that but made very little headway since it was put into the dow. The dow made little headway and apple made little headway. Theyre joined at the hip at this point. Our fortunes are tied with tim cook. Hopefully he knows what hes doing there. My point to you that you sneered at about exxon, exxon was able making 10 billion every quarter. They were going to make 10 billion every quarter for the rest of he certainty. Then suddenly they were making 5 billion so suddenly that price. Makes sense. Thats what worries me. Apple is a Great Company with great stuff but their comps year after year to grow its huge. Its 56 billion in revenue in a quarter. But at this point they are on track for some of this stuff. It was up from the year before. If theyre continuing to grow it should be above what is it . Still 7 is goith tong to g
modestly in the red. our roadmap starts with the first big bang to report its earnings. citigroup beating estimates. . morgan stanley downgrades general electric to equal weight saying the key reasons to buy the stock are more of a 2013 story. the industrial giant post earnings this friday. is more china stimulus on the way? comments from chinese leaders over the weekend may hold the fate of u.s. companies warning of weakness. and nokia cuts the price of its flagship smartphone in half just three months after the launch. but can the lumia 300 keep apple and samsung from stealing even more market share? shares of citi moving higher in the premarket. the bank recording second-quarter earnings of a dollar a share. forecast called for 89 cents. revenues just shy of estimates. as somebody said, it s a good thing they have a traditional banking business because the wall street business was tough. they don t want to be in the wall street business. i think they re making