The burn of sanctions. We have an interview with the chairman who says the company has a plan b. L. The cost of being coo an executive testifies they fired workers in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Apple forecasted revenue the top analyst estimates about seeing a surge in services which contributes to a fit of total sales. They also reported the iphone revenue, the5 of first time it has made up half of sales. In a way, this is progress towards apple less on the flagship product and more on a new lines of business. Andt more from max chafkin a portfolio manager. It was interesting, if you would have told me they would have missed on those services and revenue, i would have said there was no way they would beat on top and bottom line. Wearables was a big plus. They also used about 21 billion of cash on the quarter to repurchase shares and increase the dividend. I think they kept it at . 77. T
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
Grown diamonds and what is next for debeers as it faces a potential spinoff. I matt miller on this monday here in new york city, welcome to Bloomberg Markets to kick off the week. Irans president has been killed in a helicopter crash. The foreign minister also died in the accident. Iran has entered five days of mourning and an election will take place in the next 50 days. Bobby joins us with more details. I guess the most important question is how did this happen, who was involved . Bobby we do not know anything to suggest this was not an accident. This was a three helicopter convoy flying from the northwest of the country. Its a mountainous part of the country. There was bad weather, fog and rain. Remember iran has been under economic sanctions now for decades but they have not had the access to parts of technologies. Theyve not been able to buy so this is a very old craft in quite treacherous weather. There is no indication to select or suggest foul play was involved. This is a part
What he puts on himself, though. If he is given the conditions to succeed, he has always shown he is someone who can seize the moment, and i dont see why tonight should be any different. Nottingham forests appeal against a four point deduction for breaking premier League Financial rules has been rejected. An independent Commission Found forests losses in the 2022 23 season breached the threshold of £61 million by 34. 5 million, and that decision has been upheld. It means forest remain 17th and three points clear of the Relegation Zone with two games of the season to play. The denver nuggets hopes of defending their nba crown suffered another blow as they were thrashed by the Minnesota Timberwolves to go down 2 0 in the best of seven series. Minnesota were missing star centre rudy gobert, who was at the birth of his son, but still had too much for the reigning champions. They were led by Anthony Edwards and Karl Anthony Towns who both scored 27 points. The timberwolves managed to hold
Jessica gene. Have a great night and a great week. Well see you back here next weekend welcome. To the whole story. I, managers and cooper, australias Great Barrier reef is the Worlds Largest Marine Habitat and one of the natural wonders the world but its now in its Seventh Mass Bleaching events in 1998, which means the warming waters around australia are killing the coral, turning this vibrant ecosystem into an underwater graveyard this is just one of several Climate Crisis thats plagued australian recent years. There are been devastating wildfires and massive floods that are made parts of the country uninhabitable. And has decimated the population of native species like koalas cnns ive been watson has been reporting on the Climate Disaster in australia for years, and he recently traveled back to see the evolving threats its firsthand and how people are both contributing to the crisis. And trying to find ways to fix it a Once In A Lifetime experience a chance to walk alone on a Desert