They are pursuing a number of business lines including the fire as well as delivery drones. Bitcoins and bankruptcy. Was supposed to hit the Auction Block the day but that has been postponed. We will look into the current state of the virtual currency. Our lead story, facebook is crushing it in mobile advertising and that has shares of the social network hitting a record high. 76ching an alltime high of 76 and . 74 apiece. 74. Facebook is investing heavily in advertising to keep revenue growing. Our editor at large is joining me in the studio. Paul kedrosky is with us from san diego. Always great to have you. Is it as good as it looks, paul . Probably even better than it looks in many ways. These are produced running numbers. Someone was asking me yesterday, i was trying to put it in context, companies of this size growing at this speed. The only when you could point to , growing at 60 topline yearoveryear, was apple in 2005 on the back of probably the single most epic Product Introduc
Up 13 . The company sold 39. 3 million i phones in the quarter and that includes about a week of the new i phone 6 and 6 plus but ipad sales are down again. Our editor at large cory johnson and i spoke with Bloomberg Intelligence analyst by asking if apple should be worried about the ipad. The ipads were meant to be weaker than expected. There was a new product refresh coming. Its been relatively stale. And people are starting to figure it out. Theres a phone with a larger screen, theres a pc that can do a lot. And this tab let is stuck in between. So hopefully the refresh helps reinvigorate that trend. I think that there are a lot of things that are interesting. The quarter is really strong for the Biggest Company in the world growing at a pace weve never seen great Big Companies grow. And ahead of the Holiday Quarter. And with only you know, they would have had every excuse to say we only had the new i phone for really one of the 12 weeks. Or for one of the 13 weeks of the quarter fo
Our editor at large spoke with Bloomberg Intelligence analyst starting by asking if apple should be worried about the ipad. The ipad were meant to be weaker than expected theres a product refresh coming. Been getting sale. Stablet growth has been slowing. People are starting to figure it out. Theres a phone with larger screen, pc that can do a lot. And this stuck in between. The pad refresh. Sort of helps reinvigorate that trend. I think that there are a lot of things interesting. The quarter really strong for the Biggest Company in the world like weve never seen great Big Companies grow. Ahead of the Holiday Quarter. They would have had every excuse to say we only had the new i phone for one of the 12 weeks or for one of the 13 weeks of the quarter for quarter. And the old product was old because the consumers knew it was going to be old but we saw a slowdown in sales. They showed you, 56 of sales. Not only the largest percentage of sales of the things they sell. Its most of the compa
Gain, that income up 13 . The company sold 39. 3 million iphones in the quarter including about a week of the new iphone 6 and 6 plus but sales are down again. Our editor at large cory johnson spoke with Bloomberg Intelligence analyst starting by asking if apple should be worried about the ipad. The ipad were meant to be weaker than expected theres a product refresh coming. Been getting sale. Stablet growth has been slowing. People are starting to figure it out. Theres a phone with larger screen, pc that can do a lot. And this stuck in between. The pad refresh. Sort of helps reinvigorate that trend. I think that there are a lot of things interesting. The quarter really strong for the Biggest Company in the world like weve never seen great Big Companies grow. Ahead of the Holiday Quarter. They would have had every excuse to say we only had the new iphone for one of the 12 weeks or for one of the 13 weeks of the quarter for products. And the old product was old because the consumers knew
Spoke with Bloomberg Intelligence analyst anand srinivasan, and starting by asking if apple should be worried about the ipad. The ipad were meant to be weaker than expected theres a product refresh coming. Been getting sale. So tablet growth has been slowing. People are starting to figure it out. Theres a phone with larger screen, pc that can do a lot. And this stuck in between. The pad refresh. Sort of helps reinvigorate that trend. I think that there are a lot of things interesting. The quarter really strong for the Biggest Company in the world like weve never seen great Big Companies grow. Ahead of the Holiday Quarter. They would have had every excuse to say we only had the new iphone for one of the 12 weeks or for one of the 13 weeks of the quarter for products. And the old product was old because the consumers knew it was going to be old but we saw a slowdown in sales. They showed you, 56 of sales. Not only the largest percentage of sales of the things they sell. Its most of the c