Officially speakering a correction, more than 10 down from its high two weeks ago. Should you step in and buy or get away dan . It is tough the stock closed poorly, down on its lows, down 11 from the alltime highs it made just a couple of weeks ago. It was one of the best stories in the market. I think whats most important to reflect on today, you can try to guess why the s p 500 sold off we know why apple sold off something fundamentally changed. For the last year there has been a notion there was going to be an upgrade super cycle because of the iphone x. Last nights results told you there is not going to be an upgrade super cycle. What they did was played a good trick on their most fateful customers. They raised prices, thereof sanch selling prices were much higher year over year. That is thats fantastic for the company. Meant good margins the concern is they missed by 3 million units. The channel inventory is at its highers, at 4 million. People think they are going to miss the nex
From its high two weeks ago. Should you step in and buy or get away dan . It is tough the stock closed poorly, down on its lows, down 11 from the alltime highs it made just a couple of weeks ago. It was one of the best stories in the market. I think whats most important to reflect on today, you can try to guess why the s p 500 sold off we know why apple sold off theres something fundamentally thats changed the big part is for the last year there has been a notion there was going to be an upgrade super cycle because of the iphone x last nights results told you there is not going to be an upgrade super cycle. What they did was played a good trick on their most fateful customers. They raised prices on iphones, therefore their asps, average selling prices, were much higher year over year thats fantastic for the company. It meant good margins. The concern is they missed by 3 million units. The channel inventory is at its highest, at 4 million. People think they are going to miss the next co
The sanctions even arms embargoes and even missile sanctions as stipulated by the resolution, they will all be lifted. And all the financial and banking sanctions related to insurance, transportation, and sanctions related to refineries and valuable minerals, Precious Metals and all the economic sanctions will be fully lifted. They will be lifted. Not suspended. And even the arms embargo will be eliminated and there will be a sort of limitation for five years, and it will be lifted and speaking of commodities or dual use commodities or goods, there will be a committee that will be looked into by the committee and in this way regarding the u. N. s resolution, they said that how can we annul a resolution that has not been implemented . They told us to implement the resolutions for six months and in this way the resolutions will be annulled. Based on todays deal in the upcoming days when the deal has been endorsed by u. N. S. C. , all the previous six resolutions will be annulled. And als
That before those stories, we want to bring you more on that las in northeastern china that we had been reporting on. Details are still coming in, but some videos posted on youtube gives an indication of the scale of the explosion. Initial reports suggest it occurred at a Petroleum Storage facility in a port city around midnight local time. An unnamed doctor at the local hospital there has told media there that 300 or 400 people have been injured. The cause of the blast is still unclear. We will get you details as soon as we have them. They are coming by the hundreds of thousands, migrants, most of them fleeing political upheaval throughout africa. Often, the odyssey begins on foot as refugees begin the journey with only what they can carry. Then is the perilous sea passage on rickety and hopelessly overcrowded boats. An estimated 200 have died trying to cross the mediterranean this year. Others seek to travel to turkey across the aegean the, which is how they end up on the island ofko
Allowed in and any pedestrian whose want to get into that red zone will have to go through those metal detectors. At 6 00 friday the yellow 6 00 p. M. Friday the yell he traffic box in center city initial to effect followed by West Philadelphia zone by 10 00 that night. Basically by 0 00 friday night city is under those specific zones. Finally starting 6 00 a. M. Friday, that is actual day that the pope will be here, here in philadelphia, the red security perimeters will open for pedestrians, with tickets to see the holy father. As you can imagine though this will cause some inconvenience for many people working and living in the city but mayor nutter says he believes that everything, and hopes everything will run smoothly. We will have best, the most safe, the the most secure spiritual and whole lot of fun time during the world meeting of families and certainly the the visit by pope francis. Now there were also concerns, of course, from business and Business Owners, who are located wi