Companies by market value. And they comprise a large percentage of the nasdaq 100. That means their quartersu s, their outlooks, and what their executivesbu say abo ness can sway the broader market. On the we hear from all three. Lets start with apple. The worlds biggest publicly traded company. Its flagship product, the of course has been a driver of growth. But in the latest quarter, which includ the Holiday Season apple didnt sell as many as expected. In fact iphone unit sales fell 1 . Nevertheless, earnings in the quter topped expectations, revenue did as well, coming in at more than 88 billion, almost a billion a day. But stock whipsawed in late day trading. Josh lipton is at apple headquarters in cupertino. Reporter 77. 3 million. That was the bigumber in apples latest quarterly report. Refers to the nber of iphones that apple shipped in the quarter. That was a bit light versus expectations. M analystselled 80 million. When people are buying those phones they are paying wemore. K
Peter, tomplaint came pouring into npr wn i first started i talked too loud. My favorite one was my laugh was too boisterous. He laughs too bows tmendously. Laugh was too much. My cence was wrong. I spo too fast. Everything about me isoo big for public radio. You know how npr is. This is National Public radio. My style is so different when i first started at npthe betting i wouldnt make it. Pb the betting wasnt as high. People didnt think it would rk on pbs. Charlie rose had done well for years d nobody expecd for me to make it on pbs. Long story short it would be im still here. Host 25 years or so youve been doing this. 17 books or so you ever written and edid. Your different shows that youve done, what do you think youve accomplished . Guest i hope that what we do every day through our public radio and plic Television Work is the same three things that say all the time. I hope, number one to challen fellow citizens to reexamine the sumption they hold. We all bring assumptions to the
You need a watch. Yes, davos. I think the fiscal drag is underestimated the timing is overestimated. Capital spending recovery. Well take that to the bank. Join is on tuesday. Have a great weekend. Inauguration day. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber. Dow looking to add about 16. The s p 500 looking to add about a third of a point here. Yesterday, of course, the s p closed at fiveyear highs in what is notable, transports, airlines, housing and cyclicals all at 52week highs. In europe, juiced by china data which well talk about. A mixed wag over there. Signs of the rally here could continue. Chinas gdp topped estimates, General Electric beats by a penny, caterpillar catches an upgrade from piper. Morgan stanley showed improvement in Investment Banking. The latest decline of the pc, intel trading lower on its earnings with a pop in cap x spending. Reuters says sharp