We are set up what may be a slightly lower open. Lets get to the road map. It starts with phone. Wallets, watches, apples event kicks off in just a few hours. Full coverage of what we will see, what it means for apple stock price hovering just shy of 100 a share. Buy organic. General mills buy annies for about 800 a share. Mcdonalds sales down almost 4 worldwide. Shares continue to struggle. Lets get to carl who 0 is in california awaiting that apple event. David, thanks a lot. You guys and me, weve been through a lot of apple launches together. There are a couple of Different Things about this one today. First one is the i watch has been relatively leakproof by most apple standards. The other difference is the venue. This is where steve jobs unveiled the mac 30 years ago. A watch would be tim cooks new product category as ceo. Apple clearly believes there is something historic about todays event. What do we expect . Lets go through the usual suspect. Iphone 6 in a couple of sizes. The
And for the time being europe is mostly in the green over there our road map begins with facebook, smashing analyst comments. The cfos comments about teens using the site is spooking investors. And a double dose of dow earnings. And well speak exclusively with the ceo kroeger in just a few minutes. Investors were spooked when the cfo made comments about teens. Usage of facebook among u. S. Teens was stable from q 2 to q3 but we did see a decrease in daily users, specifically among younger teens. This is nothing new. Theyve been talking about this for a while. But to hear them say it, they have denied it in the past. The q a for this is the stock was at 55 and 56. First you hear teenage decline, 52, 53. And then you hear ads will decline and its boom, to 50. Theyre doing 2 billion in revenues now. You listen to the call, you were kind of blown away by how well theyre do bug thing but ty give you that chink. The thesis by the end is this people doesnt use it anymore because theyre younge
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