Huawei feels the burn of u. S. Tensions. We have an exclusive interview with the chairman in the midst of a sales lunch, whose says the company has a plan b. And the cost of being cool. A former executive testifies the Company Fired thousands of workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, seeing a surge in services, which now contribute to a fifth of total sales. They also reported the iphone represented 48 of revenue, the first time it has made up half of sales in several years. In a way, this is progress towards apples less reliance on the flagship product and more on new lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages about 240,000 shares apple stock for his clients. Dan it is an interesting
Japan increases the pressure on south korea. Europe braces for announcements on trade from President Trump today. Trade pains and job gains. Report is expected to be a takedown from the june number. After the release, we will hear from larry kudlow. Matt good morning. Is bloomberg daybreak europe. I am live from berlin. Se are looking at allianz earnings coming across the wire right now. Companyres to the compiled estimate of 2. 9 9 billion euros. It is a leading on it is beating on the Second Quarter. Seen a range of 11 billion, 12 billion on the year. If they hit that number bang on, it will be no change from last year. We are going to speak with the. Llianz cfo do not miss that interview at 7 00 a. M. London time. In about an hour. Nejra . Nejra i have numbers coming in from credit agricole. The context is it is joining fox capital. Listing the Second Quarter ratio, 11. 6 . Secondquarter revenue coming in t on meeting the estimate. If we take a look at some of the other numbers comi
The burn of sanctions. We have an interview with the chairman who says the company has a plan b. L. The cost of being coo an executive testifies they fired workers in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Apple forecasted revenue the top analyst estimates about seeing a surge in services which contributes to a fit of total sales. They also reported the iphone revenue, the5 of first time it has made up half of sales. In a way, this is progress towards apple less on the flagship product and more on a new lines of business. Andt more from max chafkin a portfolio manager. It was interesting, if you would have told me they would have missed on those services and revenue, i would have said there was no way they would beat on top and bottom line. Wearables was a big plus. They also used about 21 billion of cash on the quarter to repurchase shares and increase the dividend. I think they kept it at . 77. T
Telecom giant huawei says there has been a dramatic slowdown in sales growth in the midst of the trade war. In exclusive interview, he hints at even tougher days ahead. Capital one shares drop after a data breach. The company saying data on 100 million customers hacked. All of it stored on Amazon Web Services. A former amazon employee has been charged. But first to our top story, apple shares spiking after hours after reporting thirdquarter results. Revenue topped analyst estimates. Apple saying it remains optimistic about potential sales of new Iphone Models set to hit the market in the fall. For more on Apple Earnings as they are unfolding, we are joined by max chafkin from bloomberg businessweek, and we also have the sin of this trust Portfolio Manager with as. Walk me through this. Iphone sales missed estimates, Services Missed estimates, the forecast beat. What about all of these other indicators . It is an interesting report. If you would have told me they would have missed on bo
3,000 u. S. Troops to europe as the threat of a russian invasion looms over ukraine. Hello, welcome to America Reports for a wednesday, john roberts in washington. Sandra, good to be back with you. Sandra great to see you. Welcome back. Sandra smith in new york. Additional forces are deploying to poland, germany and romania, all of which are nato members, on top of the 8500 troops already on high alert and ready for deployment if needed. John the pentagon says the u. S. Is committed to defending nato allies as tensions rise, and new Satellite Images reveal the extent of russias military activity in the region. Sandra steve live in kyiv, what is putin doing now . Whats he doing now and whats he going to do, the question many World Leaders are asking themselves. Putin kept quiet about ukraine for a month, he broke the silence yesterday in classic passion. Twisted it around saying the u. S. Was trying to drag russia into war in ukraine, not mentioning the massive buildup of Russian Forces