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Transcripts For KQED Nightly Business Report 20140424

Plunge in home prices we have all that and more tonight on nightly Business Report for wednesday, april 23rd. Good evening everyone, im susie gharib. And im Bill Griffith in for tyler mathisen. We begin with huge news for apple which just released the Second Quarter earnings, now announcing plans to buy back shares, raising the dividends by 8 . And then the surprise, a 7 for 1 stock slip which would make shares about 7 apiece. Apple beat wall street estimates by taking in 11. 62 a share, with profits up 7 , revenues also beat on sales of iphone, but sales of ipad tablets were below forecast. Shares were halted in late trade on apple pending release, but when they opened after the close shares initially soared by about 7 , josh lipton joins us outside headquarters in cupertino, california, and also spoke to ceo tim cook earlier today. Josh . Reporter yes, here in cupertino, california, i did get the chance to speak to ceo tim cook this afternoon just to run through the numbers, apple re

Transcripts For KQEH Nightly Business Report 20140424

Plunge in home prices we have all that and more tonight on nightly Business Report for wednesday, april 23rd. Good evening everyone, im susie gharib. And im Bill Griffith in for tyler mathisen. We begin with huge news for apple which just released the Second Quarter earnings, now announcing plans to buy back shares, raising the dividends by 8 . And then the surprise, a 7 for 1 stock slip which would make shares about 7 apiece. Apple beat wall street estimates by taking in 11. 62 a share, with profits up 7 , revenues also beat on sales of iphone, but sales of ipad tablets were below forecast. Shares were halted in late trade on apple pending release, but when they opened after the close shares initially soared by about 7 , josh lipton joins us outside headquarters in cupertino, california, and also spoke to ceo tim cook earlier today. Josh . Reporter yes, here in cupertino, california, i did get the chance to speak to ceo tim cook this afternoon just to run through the numbers, apple re

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