And for more on this lets check in now with our financial correspondent in new york jose luis to haro was a nice as always to see you so whats the Market Reaction to these results everyones been waiting on them. When this petition is our low easy to be demonstrate been done so why upload shirred so went up up up to 4 percent off to release and its. Awful keeps suffering from a muted i phone sales actually between april and june of this year i phone sales have fell nearly 12 percent compared with last year there are several factors said to take into account here one of them is prize in the event of the company has made efforts to introduce a relatively cheaper models i phones are still consider expensive this means said that consumers are normally will not change into new models as often as they used to also. Kills in a smartphone modem business attention its already having more into 2020 new models and nor did the one said that will come next fall worth a note into sales in china fell
Homes and detain nearly 50 suspects Authorities Say the criminal Network Charged each migrant up to 20000. 00 to reach the u. S. Officials in the democratic republic of congo say a 2nd case of ebola has been confirmed in goma. The city of more than 2000000 people is a major transport hub and Health Officials are worried that a major epidemic could spread from there at least 1700 people have died in a yearlong outbreak in the country. A Memorial Service has been held in frankfurt for a young boy who died when a man pushed him in front of a train on monday. Prosecutors have charged the suspect with murder and say he will also be examined by a psychiatrist. I phone sales continue to slide apple reports sales of its smartphone fell 12 percent in the recent quarter but says its Services Revenue is making up for it. Also on the show chinese tech giant huawei points to strong sales in the 1st half year despite being blacklisted by washington is that the full picture of its business. And a bee
Topped estimates signaling optimism around new Iphone Models. It is different for samsung. Shares drop after reporting sharply lower profits amid global trade tensions. Matt welcome to bloomberg daybreak europe. We are getting figures from Credit Suisse in switzerland, secondquarter net income was 937 million swiss francs compared to the estimate for 788 million swiss francs. Really beating the estimate on the bottom line. As far as revenue, Credit Suisse says Second Quarter net revenue was 4. 5 above the street estimate. Total revenue was 5. 50 8 billion swiss francs. The estimate was for 5. 34 billion francs. Leading on the top and bottom line, secondquarter wealth 9. 5gement net new assets at billion swiss francs. Credit suisse, doing quite well in terms of the streets estimates. A beatit comes in as it for bnp paribas, secondquarter net income, 2. 40 7 billion euros. Euros. 7 billion looking through the details, bnp paribas Second Quarter revenue rising 8. 8 to 793 Million Euros. F
Hitting issues that matter to the markets and your money and were always trying to make you money here on cnbc. That goes for the next generation of investors as well. Thats why we will reveal the highest paying College Majors on this wednesday july 31st as Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Welcome to Worldwide Exchange. Im Brian Sullivan we are calling this the stock of the day. It is apple. Results quieting the critics apple stock right now up nearly 4. 5 the headline is this, yes. Iphone sales are slowing but one other part of the business is beginning to shine. What that is and more on apple and the big move in a moment happy fed day. In nine hours the Federal Reserve is expected by pretty much everybody to cut rates for the first time in 11 years that cut will likely be by a quarter percentage point, which would take the official base borrowing rate down to just over 2 ahead o
Welcome to bloomberg surveillance. I am in zurich speaking to the leadership of Credit Suisse. Lets check in on the markets. , the share price may give a bit of a lift to the markets. But the main news we are watching out for is what is going on with the fed and whether jay powell can do something that will surprise the markets. For the moment, it seems like a 25 basis point cut is already priced in. Later on, we are expecting data out of europe. Im looking at what is going on with the u. S. 10 year yields ahead of the fomc and looking at the pound. Are wonderingrs if Boris Johnson will reverse course. Coming up on bloomberg surveillance about more for my interview with the Credit Suisse chief executive. Speak to lori l chief executive later on the program. We talk about the state of the democratic candidate race with howard dean. But first, lets get straight to new york city. We begin with the u. S. China trade talks, they ended early in shanghai. There were no public comments. Negoti