Camera yet . Could this be the key to the companys turnaround . We will hear from the ceo. First, to our lead. Apple is already facing production delays for the topoftheline iphone x. The delays come to two problems with the 3d sensor manufacturing process. Reports say makers of the components using facial recognition are struggling to reach adequate production levels. Bloombergs alex webb gave us the details. Alex what we know from the report yesterday, there were problems with the three sensors. That is causing delays. The wall street journal cued off that. They dug into it more. The sensor which projects the infrared interface which maps your face for the apple 3d facial recognition system that apple has. We dont know the extent to which how many phones are on the shelves. Emily to what extent do we know how all of these things are going to impact supply . Alex going back to the start of september when apple unveiled the phones. The iphone 8 and the iphone x, as far as i know, they
First, to our lead. Apple is already facing production delays for the topoftheline iphone x. The delays come to two problems with the 3d sensor manufacturing process. Reports say makers of the components used facial recognition are struggling to reach adequate production levels. Bloombergs alex webb gave us the details. Alex what we know from the report yesterday, there were problems with the three sensors. That is causing delays. The wall street journal cued off that. They dug into it more. The sensor which projects the infrared interface which maps your face for the apple 3d facial recognition system that apple has. We dont know the extent to which how many phones are on the shelves. Emily to what extent do we know how all of these things are going to impact supply . Alex going back to the start of september when apple unveiled the phones. The iphone 8 and the iphone x, as far as i know, they staggered the releases. The iphone 8 is already on shelves, and you can go out and buy one r
First, to our lead. Apple is already facing production delays for the topoftheline iphone x. The delays come to two problems with the 3d sensor manufacturing process. Reports say makers of the components using facial recognition are struggling to reach adequate production levels. Bloombergs alex webb gave us the details. Alex what we know from the report yesterday, there were problems with the three sensors. That is causing delays. The wall street journal cued off that. They dug into it more. The sensor which projects the infrared interface which maps your face for the apple 3d facial recognition system that apple has. We dont know the extent to which how many phones are on the shelves. Emily to what extent do we know how all of these things are going to impact supply . Alex going back to the start of september when apple unveiled the phones. The iphone 8 and the iphone x, as far as i know, they staggered the releases. The iphone 8 is already on shelves, and you can go out and buy one
Good day, everybody. Welcome to power lunch. Im tyler mathisen. Glad you could join us another daily and more records for the equity markets. The dow, s p, russell, nasdaq, you name it theyre reaching historic highs. The emerging markets rallying two, the etf that tracks them, on pace for its best day since september 11th. The airline pushing the dow transports to new highs as well jet blew, delta, united leading the way there. Lennar up about 3 . The home builder beating earn ares estimates. Now making a bit of a come back as you see theyre up 1. 2 . The electric car maker missing those model three goals more on this ahead. Im melissa lee. The National Retail federation expecting holiday sales to increase between 3. 5 and 4 this year. The u. S. Ordering 15 Cuban Embassy officials to leave. This comes after sonic attacks against american diplomats in cuba. Three nobel prices for scientists after breaking gravitational waves. We begin this hour in puerto rico. The president touching dow
Pretty amazing considering everything we got going on, not a lot happening for the major averages. Mixed trading action, similar to yesterday. The nasdaq off of its lows. If it finishes down today, it will be the first today slide in the week. Two day slide in a week. Lets take a look at the big earnings movers and the reason why the nasdaq is down a bit more than the s p 500. We are looking at tesla, facebook and semantic symantic. Tesla down sharply, down 5 on the model three update. Elon musk says they will be making 5000 cars per week in march. That is pushing that out three months, causing questions from investors. Plunging 9. 5 . They cut the fullyear view. They need to move more toward the cloud. Heres one winner, alibaba up 1. 7 . Thes beat by 6 Chinese Consumer is very strong. Lets see how alibaba is performing relative to the u. S. Internet companies. On the bottom, we have all the saying stocks, up between 25 and 50 . Alibaba up there in white, up more than 100 , tencent rig