With the chairman in the midst of a sales lunch, whose as the company has a plan b. And the cost of being cool. A former executive testifies the Company Fired thousands of workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, and services now contribute to a fifth of total sales. They also reported the iphone represented 45 of revenue, the first time it has made up half of sales. In a way, this is progress towards apples less reliance on the flagship product and more on new lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages apple stock for his clients. Dan it was interesting, if you would have told me they would have missed on both services and revenue, i would have said there was no way they would beat on
materials lower by 0.6%. utilities down as well. on the flipside, health care really taking off, near 2.5%. near a 16 month high, touching those fresh highs. look at the telecom sector really tacking on gains. up 1.4%. thank you so much, sarah. we are waiting for central-bank decisions in india and the philippines after the surprise rate cut. wordow, let s get first news with su keenan. president trump expected to address the nation later thursday to address the fact that on the final day of the impeachment trial he was able to defeat the charges against him. he said it cleared him of abuse of power and obstructing congress. anticipatedwidely given the republicans control the chamber. former presidential candidate mitt romney voted to convict trump on the abuse of power charge, becoming the lone republican to vote with democrats. in turkey three people died in were injured when a passenger plane skidded off the runway. 737pegasus airlines boeing broke into three pieces as i