Reporter yeah, deirdre this could be the biggest trade agreement of alltime, possibly. We have to look at the numbers here. The u. S. Touting some real structural changes in china, saying also that this agreement will be signed on paper and signed the first week of january now the chinese are saying this covers some very big items, really big sections, including protecting intellectual property , increasing those protections, those deals of the force transfer of property, ending that, opening Market Access for Financial Services firms, and china agrees to stop manipulating its currency. The president also says chinas agreed to buy a lot more agriculture from the u. S. But would not put that number in writing. President trump i think they will hit 50 billion in agriculture, much more because its also manufacturing and other but i think in agriculture they will hit 50 billion. They were already buying, even before the deal is signed, theyre buying. Reporter and as Senior Administration o
But the company says they have a plan b. And a cost of being cool, the former ibm executive testifies that workers were fired in an effort to compete with google and amazon. The latest on multiple age discrimination lawsuits facing big blue. The top story of the work the toppingple earnings analyst estimates seeing a surge in services contributing to 1 5 of total sales. They also reported that the iphone represented 48 of revenues, the first time the object has made up less than half of sales in years. In a way its progress towards their relying less on flagship products and more on s of business. New lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages apple stock for his clients. Dan it was interesting, if you would have told me they would have missed on both services and revenue, i would have said there was no way they would beat on top and bottom line. But as you mentioned, wearables, 5. 5 3 billion, that was a
Company has a plan b. And the cost of being cool. A former executive testifies the Company Fired as many as 100,000 workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, seeing a surge in services, which now contribute to a fifth of total sales. Apple also reported the iphone represented 48 of revenue, the first time it has made up half of sales in several years. In a way, this is progress towards apple relying less on the flagship product and more on new lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages about 240,000 shares of apple stock for his clients. Dan it is an interesting report. If you would have told me they would have missed on both services and revenue, i would have said there was no way they
Android, and when that decision will come, so we have to make preparations for our products. We will evaluate our strategy for the overseas market. If we are not able to use android for our new smartphones, we have the ability to develop our own operating system and ecosystem, which would become the basis of our services to the customers. Tom give us a sense how fundamentally you have had to change your supply chain to mitigate these pressures . Have you completed those changes, or are there more to be done . Mr. Hua the entity list put into place by the u. S. Was disruptive to our supply chain as we had already made plans to use the components from the u. S. But u. S. Suppliers suddenly stopped supplying us, so we had to make adjustments to our supply chain, including our process of purchasing, manufacturing, and delivering products. We will do the adjustments to our supply chain. We will change to other suppliers and use our own chips for the core components. I think the damage to th
Huawei feels the burn of u. S. Tensions. We have an exclusive interview with the chairman in the midst of a sales lunch, whose says the company has a plan b. And the cost of being cool. A former executive testifies the Company Fired thousands of workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, seeing a surge in services, which now contribute to a fifth of total sales. They also reported the iphone represented 48 of revenue, the first time it has made up half of sales in several years. In a way, this is progress towards apples less reliance on the flagship product and more on new lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages about 240,000 shares apple stock for his clients. Dan it is an interesting