Also iphones, macs are affected by a processor flaw and also billboard reports jimmy iovine could leave his role at apple music and a survey shows an improvement in demand for the iphone x, despite what it calls supply chain volatility. For all that lets bring in the man behind that note, steven malanovich steven, good morning, happy friday same to you i want to start with the iphone x thats the big profit and revenue driver at apple. Theres often all of this supply chain noise around iphone releases often a lot of it doesnt actually translate when we see the results. Which are we to believe, the fear, uncertainty, and doubt among the demand for the iphone x as evidenced by component orders from apple, or the demand that youre seeing for the phone itself well, at the end of the day demand drives supply, so we focus quite a bit on demand. We did this at Ubs Evidence Lab survey followup, so a couple months ago we looked at demand for the new phones we thought it was good, but more tepid
If you look at the yen, to see how the markets are focusing up on all this, the dollar yen looks like its sitting at 101. 52. The nikkei up by about 2 on this. A lot of options that the bank of japan had. This is not one of the four major ones people were anticipating. A bit of a head scratcher. Jim can make make sense of it later on. I was listening to Worldwide Exchange driving in. Its a little wonky. Just trying to fix tenyear bond yields, but probably all about the yen. I dont know what to make of it. Heres the thing. This is the wall street journal saying yesterday stocks moved up based on it. The dow edged up as investors awaited policy decisions. The bank of japan is the big the bank of japan, for the hard core investors, this is the game. I will say, jim can clear some of this up, by not easing further, by not luring Interest Rates one more time, by saying they wont buy more in bonds, that may give our Federal Reserve room in terms of going ahead and pushing rates higher. Its b
(G)I-DLE's upcoming album "2" is making achievements ahead of its release. Read more of the group's feat here!
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