Managing director walter pryce and pipers tech analyst mike olson. Jon . And apple snapping three straight quarters of falling sales. The company posting betterthanexpected Quarterly Results thanks to its Services Business and the iphone 7 plus. Our josh lipton is at one market with the details. Josh . Well, jon, apple beating on the top and the bottom, driven by more than 78 million iphone units. Apples stock moving higher this morning, hitting highs it hasnt seen since the summer of 2015. Tim cook telling me apple saw more android switchers and upgraders in the december quarter than ever before. And on the conference call, he also touted the companys Services Business. It was our best quarter ever for services with almost 7. 2 billion in revenue. App store customers broke alltime records during the holiday quarter, including 3 billion in purchases in december alone, making it the app stores single best month ever. Now, i also asked cook about President Trumps economic agenda for the
Lacqua in london, tom keene in trip comes four days after new york. Tom it was a strong yen this donald trump criticized the morning. Esident for staying on sarkozy running the relief ng again, like mr. Romney running again in the United States . Francine possibly. Efforts and a come he is popular. We knew he would run. Postpurchasing manageers growth the timing seems quite genius now at the highest level in because he has three months to seven months and the euro zone take the mayor of bordeaux. Very european. Economy remains an steady lets get to the bloomberg first word news. Growth path meanwhile an taylor bayer and monsanto are increase in the hit a getting closer to a blockbuster deal that would produce the 10month nigh august. Neeble french factory fell for Largest Company of pesticides the stalled in the second and seeds. Quarter. The countrys central bank rejectedh, monsanto expects growth to resume in september. Beyers improved offer. Germanys chancellor needs the euro area e
Steady as shery goes report. There was not a lot of weakening. There was an interesting anecdote that jumped out at me. In the new York District trucking analyst noted there is a shortage of Truck Drivers that firms do not have enough Pricing Power to raise wages. It gives you a microcosm of what the economy is healing with right now. A lack of workers were unable to raise wages because Consumer Spending still remain soft. David any signs of inflation of note . Not much. It was mostly described as it remains light. Not much of a pickup in inflation and hectic going forward. As mrs. Dealing with Pricing Power. Not much signal in terms of a shift. David thank you. We appreciate it. Now we will see how the markets react to the headlines. Julie it did not look like it would be market moving, and indeed, it does not look like it has been, the beige book headlines in terms of the equity action. Taking a look at the bloomberg on bonds. ,ot thing much of a reaction which is not unusual. All th
The earthquake in general because in 2009 was the last earthquake and also we have to look at janet yellen and the huge impact we see in markets. Tom certainly francine it is an ancient story for italy. Francine it is. Lets get to the bloomberg first word news. Heres taylor. Taylor turning small mountain towns into rubble. As many as 100 are missing. It was centered around 27 miles from the town of rietti. Rescue crews are searching for anyone who was 2r57ped. The first offenses against targets in syria. To bomb islamic positions near the city of ahe willo. And clearing Islamic State forces and last week a suicide bomber killed more than 50 people in turkey. North korea has successfully launched a missile. Kim jong ills forces are engaged in their annual war games. South korea says the missile flew several hundred miles of japan. And the labour partys leader said he blocked the Brexit Process and voted against any attempted trigger unless the rime minister agrees to hold a vote on the
Tom totally agree. Over the last two or three years, jobs has been pushed aside by the Global Economy, by the dynamics, even with brexit coming up, theres a whole host of issues coming up. Weve got the right guests coming up from u. B. S. Francine well have break news the last halfhour on china. The ministry of finance fighting back the rating downgrade that we broke on surveillance yesterday. Now lets get to the news. Francine, thank you so much. In washington, the focus is on Islamic State. President obama will try to rally interpret support for an effort to keep terrorist groups from getting a Nuclear Material and other weapons of mass destruction. Theres growing concern Islamic State may target nuclear tensions. Tensions over the south china sea. Indonesia will employ f16 fighters after chinese coast guard vessels clashed with indonesian boats in the area. Other forces will be stationed there, too. China contained 80 of the south china seas. The reopening of the Brussels Airport is