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.
Theres a thought that maybe the bias will be to the downside in the last hour here so were keeping an eye on this. Can we do it today . Especially after that jobs report. We got to talk about that. 321,000. The shock hasnt worn off. Well be joined by starbucks ceo with new stores and tasting rooms. Schultz coming to us from seattle and this roaring stock market. His stock has seen a 300 move, quadrupling since rejoining the Company Seven years ago. Lets show you the markets right now. Plus signs of much of it this afternoon. After that big, big jobs number we had. The dow up 48 points right now. 52 away. S p up 2. I think thats a record. Right . Should be. And the nasdaq is up 8 plus at 4778. Again, the russell 2000 small cap index, so far today it is up 7 1 2 points. I dont have my glasses. Looks like 2074 for the s p for those watching the game with us here. And about just under it. Just under it right now. And transports up 34 points right now. Talk about it all. A lot of stuff goin
Will quantitative easing work in europe . How much weight do we need give to the price of oil when setting Monetary Policy . Are Monetary Policy and currency wars the biggest risks to business . Joining me to discuss this, we have a cracking panel. Christine lagarde, managing director of the imf. Gary cohn, coo and president of goldman sachs. Ray dalio, founder and chief Investment Officer of bridgewater. Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. The world needs more easing. Christine lagarde, let me start with you. The world needs more easing. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that to happen in midyear than the end of 2015, contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the
Few minutes for up to the minute details on that and why its not ealing a blow to the u. S. Economy. First, stocks, as we do every 15 minutes, going to the floor. New york Stock Exchange. Lauren is there watching it. Any indication from the investors and traders about a deal . Are they telling you if they have an inside scoop . They do not have an inside scoop, but theres con play sen sigh, and stocks stuck in the range, down half a percent for the broader market, down for five days in a row waiting, two hours from now, to hear somebody in washington Say Something about fiscal cliff, and then well move on that news, but traders are saying if we get a deal done, well see the market take off. We have not seen a santa claus rally this december, unfortunately, and, in fact, the nasdaq lower. Stocks lower, by the way. Heres the New York Stock Exchange, three stocks trading down for every one trading up. Another thing trading up a the vix index. Its 20. 18. The vix has traded below the two d
Other top democrats, as well as cnn. Sarah sanders addressing the threat moments ago. Look at, the president has been made aware of the latest developments. As he said yesterday, he has continued to say from day one of taking office that we condemn violence and all forms. This is a despicable act. Certainly something that should never take place in america. Bill still full coverage of where we stand, tribeca, that is near dineros office. A starting on the investigative front with Catherine Herridge now. Thank you, bill, and good morning. Issued this statement is late yesterday, asking for the publics health, saying that no piece of information is too small. Warning that war packages may be out there. Newly identified package in new york city and another in delaware, targeting joe biden. Within the last 72 hours, investigation is now within george soros arrived on monday, followed by former secretary of state Hillary Clinton, barack obama, john brennan, delivered to cnn. Eric holder, an