That and more tonight on nightly Business Report for monday, january 27th. Good evening everyone and welcome. A rough day for stocks got rougher after the market closed because apple reported the quarterly earnings. The revenue and profit numbers were fine and beat wall street estimates in fact but sales of iphones at 51 Million Units fell short and apples revenue predictions for the Current Quarter disappointed investors and they initially sold the stock hard in after hours trading. Seema mody has insight into apples results. What are the big take aways you see in the numbers . The disappointing iphone sales. Apple sold 51 million iphones in the First Quarter where wall street expected around 54 million to be sold. That means apple is dealing with saturation at the high end of the market. The amount of iphones sold in the First Quarter fell short of street consensus so while the overall earnings and revenue numbers Beat Estimates, its the iphone and ipad sales that worry the street. T
Turmoil in the market . That and more tonight on nightly Business Report for monday, january 27th. Good evening everyone and welcome. A rough day for stocks got rougher after the market closed because apple reported the quarterly earnings. The revenue and profit numbers were fine and beat wall street estimates in fact but sales of iphones at 51 Million Units fell short and apples revenue predictions for the Current Quarter disappointed investors and they initially sold the stock hard in after hours trading. Seema mody has insight into apples results. What are the big take aways you see in the numbers . The disappointing iphone sales. Apple sold 51 million iphones in the First Quarter where wall street expected around 54 million to be sold. Apple is dealing with saturation at the high end of the market. The amount of iphones sold in the First Quarter fell short of street consensus so while the overall earnings and revenue numbers Beat Estimates, its the iphone and ipad sales that worry
To cut back on stimulus, especially with the recent turmoil in the market . That and more tonight on nightly Business Report for monday, january 27th. Good evening everyone and welcome. A rough day for stocks got rougher after the market closed because apple reported the quarterly earnings. The revenue and profit numbers were fine and beat wall street estimates in fact but sales of iphones at 51 Million Units fell short and apples revenue predictions for the Current Quarter disappointed investors and they initially sold the stock hard in after hours trading. Seema mody has insight into apples results. What are the big take aways you see in the numbers . The disappointing iphone sales. Apple sold 51 million iphones in the First Quarter where wall street expected around 54 million to be sold. That means apple is dealing with saturation at the high end of the market. The amount of iphones sold in the First Quarter fell short of street consensus so while the overall earnings and revenue nu