Was in a meeting with money and that stuff. Also acting chief of staff Nick Mulvaney said he was in that meeting with perry, reason they were in the meeting together, he said they were talking about energy going over to the ukraine. Exports and imports, that is the reason he was involved. We dont know why the nerve wily secretary decided he would step down. We dont have a time frame. But Going Forward were working to uncover the answers. Energy secretary rick perry telling the president he will step down. David all right. Thank you edward. To the panel Gary Kaltbaum, christine and caroll roth andion burnett. There was an issue of whether or not he contacted rudy guliani. He said he sought out rudy guliani on advice of the president in deals with the corruption in ukraine. Could that have affected his decision t to resign. Time will tell. Follow there is any responsible he has for contacting mayor rudy guliani. He has been there are think over two years. That is the general time frame i
Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 million, the big number in apples latest earnings reporting and first to iphone units in the companys fourth quarter. That was a drop of about 5 year over year, but it did beat analysts expectations of 44. 8 million. Question for investors is where this iphone franchise heads from here. Bears will say the best days are behind it. Like a lot of hardware you will see dropping average prices and margins
Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 million, the big number in apples latest earnings reporting and first to iphone units in the companys fourth quarter. That was a drop of about 5 year over year, but it did beat analysts expectations of 44. 8 million. Question for investors is where this iphone franchise heads from here. Bears will say the best days are behind it. Like a lot of hardware you will see dropping average prices and margins
Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 million, the big number in apples latest earnings reporting and first to iphone units in the companys fourth quarter. That was a drop of about 5 year over year, but it did beat analysts expectations of 44. 8 million. Question for investors is where this iphone franchise heads from here. Bears will say the best days are behind it. Like a lot of hardware you will see dropping average prices and margins
There are changes, challenges, and still some unanswered questions. All of that and more tonight on nightly Business Report for friday, november 14th. Good evening, everyone. Welcome. Im tyler mathisen. Susie gharib is off. Tonight, much of the country is seeing the first blast of winter and today stocks acted as if they were frozen in place. The dow, nasdaq and s p with little change but whos complaining . For the past four weeks, all winners felt like a month at the beach following an early autumn stretch. The dow down a modest 18 points but the nasdaq was up by 8 and s p 500 ended a fraction of a point higher but that was just enough to mark the indexs 41st record close this year. For the week, the dow rose a fraction and s p edged a little higher, as you can see there. Bob pisani with more on what has been dragging the markets higher since the lows just a month ago. Its been an up and down week for the stocks with only fractional gains with the major indices but were essentially ba