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Mind of San Francisco mayor london breed, and not in a good way. No. You may recall last week we saw crowded beaches and parks as people got outside, perhaps a little bit too far from home. Both the mayor and Governor Newsom scolded californians for not practicing social distancing and for crowding parking lots at parks instead of just walking to their neighborhood park. Breed made it very clear there will be consequences if the behavior doesnt change this weekend. Last thing we want to do, as i said, is to start to close the last bit of fresh air that were able to get during this very difficult time. So parks we know are essential, and i know other places have chosen to just close parks and other places down. We dont want to get to that place, but if we see more people playing in basketball courts, if we see more people playing volleyball with one another and baseball and so ....
Good Tuesday Morning welcome to squawk alley im Carl Quintanilla with morgan brennan. The market is down about 100 points starting with the apple special event set to kick off from the steve jobs theater in cupertino in just under two hours. Josh lipton is there live and joins us with what analysts and investors and reviewers are expecting. Hey, josh. Reporter so, carl, apples biggest day of the year just about to kick off here right behind me at the steve jobs theater. As you mentioned, analysts think they have a good beat on what is coming theyre looking for three new iphones. Faster processor and improved camera and maybe stronger waterproofing and shatter resistance big question for investors is pricing. What is tim cook going to charge for the new model. Ive talked to some analysts who think he will keep pricing basically constant no big change from the kusht lineup w ....
Of a sales plunge, 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 ....
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. B ....