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KQED Nightly Business Report October 26, 2016

Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 million, the big number in apples latest earnings reporting and first to iphone units in the companys fourth quarter. That was a drop of about 5 year over year, but it did beat analysts expectations of 44. 8 million. Question for investors is where this iphone franchise heads from here. Bears will say the best days are behind it. Like a lot of hardware you will see dropping average prices and margins ....

New York , United States , Colorado Springs , John Glenn , Casa Silva , Josh Lipton , Bertha Coombs , Las Vegas , Morgan Brennan , Josh Lipton Kup Tino , Robert Mccarthy , Julia Boorstin , Tim Cook , Record Number , Dow Jones , Dow Jones Industrial , Dow Jones Industrial Average , Strong Quarter , Global Growth , Commodity Prices , Lower End , Conference Call , United Technologies , Utc Aerospace , Utc Aerospace Systems , Aerospace Systems ,

KQED Nightly Business Report October 26, 2016

Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 million, the big number in apples latest earnings reporting and first to iphone units in the companys fourth quarter. That was a drop of about 5 year over year, but it did beat analysts expectations of 44. 8 million. Question for investors is where this iphone franchise heads from here. Bears will say the best days are behind it. Like a lot of hardware you will see dropping average prices and margins ....

New York , United States , Colorado Springs , John Glenn , Casa Silva , Josh Lipton , Bertha Coombs , Las Vegas , Morgan Brennan , Josh Lipton Kup Tino , Robert Mccarthy , Julia Boorstin , Tim Cook , Record Number , Dow Jones , Dow Jones Industrial , Dow Jones Industrial Average , Strong Quarter , Global Growth , Commodity Prices , Lower End , Conference Call , United Technologies , Utc Aerospace , Utc Aerospace Systems , Aerospace Systems ,

KQEH Nightly Business Report October 26, 2016

Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 million, the big number in apples latest earnings reporting and first to iphone units in the companys fourth quarter. That was a drop of about 5 year over year, but it did beat analysts expectations of 44. 8 million. Question for investors is where this iphone franchise heads from here. Bears will say the best days are behind it. Like a lot of hardware you will see dropping average prices and margins ....

New York , United States , Colorado Springs , John Glenn , Josh Lipton , Bertha Coombs , Las Vegas , Morgan Brennan , Josh Lipton Kup Tino , Robert Mccarthy , Julia Boorstin , Tim Cook , Record Number , Dow Jones , Dow Jones Industrial , Dow Jones Industrial Average , Strong Quarter , Global Growth , Commodity Prices , Lower End , Conference Call , United Technologies , Utc Aerospace , Utc Aerospace Systems , Aerospace Systems , Still Works ,

UTC Aerospace Systems to provide MRO services for Sunwing Airlines' Boeing 737 fleet

UTC Aerospace Systems to provide MRO services for Sunwing Airlines' Boeing 737 fleet
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