Apple products are getting bigger and smaller. The company will unveil a wearable device on september 9 at an event as well as two larger iphones. They are also working on larger ipads with a 12. 9inch screen beginning production in the First Quarter of next year according to people with knowledge of the matter. With sales of current ipads falling for two straight quarters, will bigger screens mean bigger sales . Cory and i spoke with jean muenster. I started by asking jean, is bigger indeed better . It is. It is needed. Ipad sales have been down 5 for the past year. Bigger is better. Ultimately it is going to open up some newuse cases for ipads that we havent thought of, whether it is business or education. It is much needed. It has been a little bit slow on the innovation curve on the ipad. I think it will be positive for sales. What kind of use cases do you see . You could argue medical, design, manufacturing. This deal with apple which was inked about two months ago said they were
Politicians swinging for silicon valley, Hillary Clinton was here. Whats with washingtons obsession with the texting with the tech scene . To our lead story after saying android buying other smart phones, apple is going all in with bigger screens. The largest initial run of iphones ever. It 7080,000,000 phones with larger screens. Bloomberg broke the news a wild back. 5. 5 inch screen. This comes as apple faces increasing competition from samsung and xiaomi. The senior managing director joins me and the chief research analyst. Brian, let me start with you. Even when they announce a new product, this feels like the quarter before something. Phone fored for this a long time. Its nothing revolutionary. You called it early. Calling for a bigger phone for a long time. Yes. Thats what the consumers want. Feels almost like a toy in your hand. They want to expand the canvas to be on par with the other worldwide smartphones out there. Did you make the switch . We almost bought a galaxy s5 from
Report. A warm welcome. A positive start. That is how president Vladimir Putin described as meetings. They met yesterday to broker a political resolution to the conflict on the eastern border. Ouran speak on the phone to correspondent. Was there any tangible outcome from the talks . Ched late intotret the night. Meeting we had closed doors and it lasted two hours. Arehows that both sides able to talk to each other. There was no major breakthrough. Were able that they to discuss some kind of start of a resolution. Both sides agreed to continue talking and both sides say that peaceful resolution is needed but we have heard that many times before. Actualo not have any details for this political resolution. Step will be that the militarys of both countries will begin consultations to install a more effective order control of the border between duquesne ukraine and russia. That is the only tangible result of yesterdays talks. And there may be more meetings but this in the future there is no
Aspirations. Guys. E halal its earnings. Ith quarterly profit rose to 7. 75 billion. The jump in iphone sales making up for the drop in ipads. Microsoft out with its earnings after the close. Office fell shy of estimates. Half it down by the acquisition of nokias handset business. And herbalife sides shares rise getting more than 25 as the lachman failed to contest ackman failedll to convince investors there was fraud. Cory johnson joins us from san francisco. Lets go through microsoft. How did the Company Performed during the quarter . Gross margins slipped but we have seen that going on for the past couple of months. We were talking about the surface. I was just asking. Spent. Million somebody out there is buying a lot of surfaces. Maybe validating the surface team we will slope will file later. How much . 409 million. A lot of money to develop things like the surface and the xbox and a lot of software. Talk about the profit margins. They are declining. As the business shifts to a di
Billion of losses in west africa next year. Sierra leone is likely to be the hardest hit nation. In the u. S. Comedy family of an dallas,ctim died in questioning the care he got. The family once to know why it emergency room released him. At t will pay the price for bogus claims on mobile bills. Million for unauthorized charges to customers. Among them, Subscription Services for horoscopes, ringtones, and love tips. Most of the money will go to customer refunds, tony 5 million will go to fines. Device media cofounder shane smith helped kick off sandy media cofounder shane smith helped kick off the vanity fair senate. The holy grail for every Media Company is mobile. Mobile is the wild west. It is where everyones scale is coming from. It is difficult to monetize and difficult to get our heads around. We are trying a lot of experiments. Experiments with providers. Mobile. E first of the summit continues with Stephanie Ruhle and emily chang. They will be live from San Francisco later on t