Here is tim cook on the earnings call. Interest in apple products is at an alltime high with half a billion customer visits in the first quarter. Demand has in shattering our high expectation driven by the unprecedented popularity of iphone 6 and iphone 6 plus. Staggering is right. Iphones are flying off the shelves. Maybe the only negative note was a decline in ipad sales. The Biggest Development is the success apple has seen in china, opening another potential growth area. I asked about the whopping iphone number. I wondered what was the catch, if there was some sort of channel fill in their or some explanation. It turns out that it was a clean number, that they did not fill the channel. Even though expectations were for high 60 million. That 74 million number was well above that. Anyway you cut it, it was impressive. We were on live tv and they were talking to somebody else and i saw a number go by. I was waving frantically to the producers to come to me because that was the number.
In its worst sales slump in a decade. Sales have fallen for more than 2 last year, falling for five straight quarters. He will be replaced by a brit. He previously ran the chain of restaurants in the u. K. Fourthquarter profit Beat Estimates at europes biggest lender, deutsche bank. Legal expenses dropped. Fourthquarter profit fell at ford battered by losses in europe and south america. They restricted production of its f150 pickup while rolling out a new aluminum body version. Facebook sales up in the fourth quarter. Expenses rose, too. Here is the ceo from last night. 2014 was also a year of Big Investments in our future. This year we made big bet on the next generation of communication and computing platforms. We focused on serving our community better. Improving our search and video product and improving the performance and efficiency of our mobile apps. It seems investors are pretty ok with the sales growth. The shares are little changed in premarket trades right now. Ali baba rep
Interest in apple products is at an alltime high with half a billion customer visits in the first quarter. Demand has in shattering our high expectation driven by the unprecedented popularity of iphone 6 and iphone 6 plus. Staggering is right. Iphones are flying off the shelves. Maybe the only negative note was a decline in ipad sales. The Biggest Development is the success apple has seen in china, opening another potential growth area. I asked about the whopping iphone number. I wondered what was the catch, if there was some sort of channel fill in their or some explanation. It turns out that it was a clean number, that they did not fill the channel. Even though expectations were for high 60 million. That 74 million number was well above that. Anyway you cut it, it was impressive. We were on live tv and they were talking to somebody else and i saw a number go by. I was waving frantically to the producers to come to me because that was the number. But there were so many other numbers i
10 in its second quarter. The ceo saying the Exchange Rate fluctuations hit sales to the tune of five percentage points. Pfizer, reducing its forecast due to the dollar. The new york metropolitan area, slowly getting back to normal. The historic storm was not in new york. Heres mayor buildable audio mayor bill the blog seo. We have an old saying that we live by prepare for the worst and hope for the best. We were spared the worst of the storm. New england, not so much as much as two feet of snow falling. Twitter is tweaking its products as it tries to boost revenue. Video clips that can last as long as 30 seconds. Twitter says the product will make the service easier to use during news events. Twitter also changed its direct messaging at a lower in conversations with as many as 20 people in a group. If you thought the storm in the northeast would cause a muted training day trading day scarlet fu has been watching the details of a big selloff. We opened with losses and we never looked b
Eventuality of striking an agreement to reach this bridge agreement that will lead us to a new, shall i say, social contract with our European Partners within six months. A contract for growth, social cohesion and forgetting greece out of the crisis. He wants to ease the terms of the bailout deal. According to officials germany will not insist they greece live up to all the terms. German gdp rose 0. 7 more than twice as forecast. The French Economy slowed down. Italy stagnated after two quarters of contraction. The news about the German Economy sent the dax to a record. It broke through 11,000 for the first time before pulling back. Equities are at a record in the u. S. The nasdaq composite is close to a 15 year high. Here we go again. Rollsroyces profits fell 8 . President obama hosting that conference on Cyber Security. He wants companies to share information. For Big Companies declined the invitation. They are mia, but they are sending representatives. Peter, what is up with this va