The lowest since 1993, and Household Spending increased 1. 7 . Not such a Merry Christmas for apple. Loweredalysts have projections, citing weak demand at the head into the holiday season. Fewer units will be sold compared to the current quarter. One analyst sees shipments falling by 5 million and claims the phones high priced and lack of interesting innovations. Iraq is optimistic oil prices will rise with stockpiles falling and demand on the rise in china and india. He expects the market to rebalance in the First Quarter thanks to output curbs imposed by opec and independent nations. Almost. 5 Million Barrels a day since 2016. The msci asiapacific unchanged. Thattors unimpressed after japanese data showing acceleration in inflation. The dollaryen trade holding on to the sixweek lows. Interesting moves in chinese stocks, down. 3 . Stocks linked to apple among the worst performers, property firms a surging. U. S. Futures pretty much unchanged. 2. 49 , the highest level since march. A c
Beijing had emphasized less emphasis on growth, instead focusing on risk, solutions to poverty for the next three years. Campaign looking for major acquisitions to expand outside japan. The companys plan is centered on china and other asian countries, but also europe and the u. S. Paint offer fell through due to disagreements. Lets do a quick check on the market open. By. 2 a, the index is up , the korean index up by the same amount, and in thailand trading flat at 1750. We will be live with more headlines in 30 minutes. David you now have had to follow bill gates and steve ballmer, two legendary figures. Satya look, the clear message was dont try to be like us. David did steve say if you do this well, we will be happy . The result of having empathy made you a better ceo . Satya my pursuit is their a growing sense of empathy for people around me. David do you get a standing ovation for what you have done . Satya no, i get a lot of people asking me, saying, hey, come and fix my computer
I think we have the votes. I think that rand paul actually is going to vote for the tax cuts. I think that other people you know, we had tremendous enthusiasm this time. Health care. I want to get it by the end of the year, but i would be very disappointed if it took that long. Maria we will also hear from Steve Ballmer, Martha Stuart, and leon. First of all, 2017 was easily defined by washington, d. C. And year one for new president. President trump pushed unsuccessfully on repealing and replacing obamacare right out of the gate. He had better results with tax cuts. Back in june, i asked home depots billionaire cofounder and business icon about the climate in washington. As usual, he did not hold back. Whats the state of washington today . Chaotic. Maria thats what it sounds like. Every place you look, chaotic. The wheels have come off. I understand the democrats being obstructionists. I understand the democrats seeking an identity. Right now, they want to be relevant. The best way th
Walk into the room anymore. Laura did bring the coffee. [laughter] would you fix your tie, please . David well, people wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. Alright. David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . David at what point did you realize that you had some skills that were maybe going to let you rise up . My grandmother taught me how to read. I grew up learning to read and read bible verses. The grace for me is that i did not spend a single day in a segregated school, so i did not have one moment of being conditioned to believe that i was less than anybody. When i walked into my first kindergarten class, first time i had seen little, white children that my grandmother did not work for, and everybody was doing their
Powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is up next. Cory im cory johnson in for emily chang, and this is lumber Technology Bloomberg technology. After massive gains, can be tech continue its run . And President Trump resizes amazon on twitter. Should the tech giant be worried. And more from our best conversations of the year with candid discussions with c palmer and meg whitman. The sector outperforming the broader market, breaking records , up nearly 30 for the year i did not see the final numbers,. Pretty dam close to that it was a really amazing year. Just across the markets, i think. You have been investing in tech as long as i have known you. What a run. David it was a good run, but it. As a nasty close today in the scheme of things, i think what really distinguished tech was that growth was scarce and secular growth stories, as characterized by corey you mean topline growth in technology . David i mean