ameritrade becky quick will join us in a few moments. a lot of conversations about what we think the brokerage business is now with zero commissions, how it leads to advisory services and implications around financial services. it is best performing stock in the s&p, e trade the word speaks to the fact there s expectation of more consolidation. what it means for tech startups, names like robin hood and names out there, brought in disruption, now being given a run for their money. i don t know why e trade is the word in terms of more consolidation. you would think that s a big plump turkey ready to be stuffed. i think the market expected that name to be first to be taken out. often times when these things happen, the next one ends up getting bit up thinking back 20 years to when e trade was robinhood. they were the new kid on the block, shaking up the way the others were operating. now we re in interesting space where little companies are having an impact, but the olde
there s that paper ballot issue. there are still some states that have a completely paper ballot backup. assuming safeguard against tampering with folks. no relation that we know of. [laughter] in terms of looking at what s happening now, hillary clinton got a lot of attention in the last week and a half or so were saying she was, in her view, believed chelsea gabbert, one of the democrats running for nomination was a russian asset. her staff went down on that, she didn t walk away from comments. do you see what she was talking about there? i can say some things are russian asset, even if it s not intentionally trying to advance russian entrance but because of what it does or what it says, it is something promoting the russia agenda. maybe that s what she meant in terms of some of the things chelsea said in terms of the u.s. should not be involved in the a lot of these. a third party candidate was something specifically she brought up. yes. very sophisticated observer
why the chipmaker hired from within and will it be the right call in the long term? first to our top story, facebook goes on the offense. the social networking giant reported revenue that blew past analyst expectations if the recent deluge of pad press is hurting anything, it s not the numbers. facebook has a tough road ahead to win back trust. i spoke to cheryl sandberg after they posted the results in california. we begin with focusing on the company s performance in the last quarter. we had a strong quarter and think it was the end to a really important, challenging year for facebook. the growth is across the board. if you look at it, we have 2.47 billion using one of our services every month, and hat s facebook, instagram, what s app, messenger. face book is growing and we have 2.3 billion on a monthly basis with 66% coming back every day. i think one of the questions people have about us right now is we re making such big investments in safety and security. we have so
why the chipmaker hired from within and will it be the right call in the long-term? first to our top story. facebook goes on the offense. they reported revenues of blowing passed analyst expectations. if the recent deluge of scandals is hurting anything, it is not the numbers. but they still have a tough road ahead to when that trust. i spoke to sheryl sandberg on monday after posting results. we began the conversation folk sing focusing on performance. we had a strong quarter, the end to an important, challenging year. haveu look at it, we now 2.7 billion people using at least one of our service. that is facebook, instagram, whatsapp, messenger. importantly, facebook is growing. we have 2.3 billion users on a monthly basis with 66% coming back every day. one of the questions people have about us right now is that we are making such big investments in safety and security. we have so much work to do to protect people on platforms. can we do that while growing the communi
plus, apple is not the only tech company reporting earnings. we will look ahead at what to expect from tesla and facebook. our top story, apple s first report since tim cook let investors know the company was it ists forecast out. shares are up. revenue was higher at $84.3 billion. the number we were waiting for was china revenue, a steep drop-off. apple brought in almost $5 billion less revenue during the holiday quarter in china been a year prior. $13.1 billion versus $17.9 billion in the same quarter last year. to discuss, we have our guests. i have to zero in on china. how bad is it? we have seen a couple of macro indicators collapsing the last two months of the quarter. november, december. consumption tax down dramatically. let s not forget that apple was up 16% into q3 last year. we went from going up to down 17% or see her 70% or so you re on your. it was a dramatic collapse in china. it s not just apple. what we are seeing is a collapse in consumer confidence ov