And gop president ial nominee mitt romney is fueling speculation he may step back into state politics. In a tweet today he said he will make an announcement on february 15 about the senate seat skin to be vacated by orrin hatch. Two students were shot and one wounded critically in a Los Angeles Middle School classroom. Police took a female student into custody. It happened just west of downtown los angeles. Global news 24 hours a day powered by more than 2700 journalists and analysts in 120 countries. This is bloomberg and Bloomberg Technology is next. Emily welcome to Bloomberg Technology. Apples brandnew headquarters with what else but Apple Earnings. I just got out of a meeting with tim cook i will bring you highlights. Lets dig into the numbers. Apple selling slightly below estimates. The average selling price was 796. The company hitting an all time revenue record. 88. 3 billion. I want to bring in cory johnson in new york. I want to start with a quote from tim cook, there has bee
Global news 24 hours a day powered by more than 2700 journalists and analysts in 120 countries. This is bloomberg and Bloomberg Technology is next. Emily welcome to Bloomberg Technology. Apples brandnew headquarters with what else but Apple Earnings. I just got out of a meeting with tim cook i will bring you highlights. Lets dig into the numbers. Slightly below estimates. The average selling price was 796. The company hitting an all time revenue record. 88. 3 billion. I want to bring in cory johnson in new york. I want to start with a quote from tim cook, there has been concerned about how well the iphone teller iphone x is selling. He said it was the most popular smart phone launch since november. Every week it has been the topselling iphone in the world. What is your takeaway . It sounds solid to me. Incredibly sophisticated. It has a higher price point. The replacement cycles are slowing. It is a strong number. People like to point to the high price point. Deterredhas desert consume
Traders are diving in. Later, its the Stream Network that has more viewers than hbo, cnn, netflix and hulu. The ceo of amazons twitch is here to explain how its dominati dominating the streaming space United Airlines stocks sinking 10 , the worst in two years. Oscar munoz comments spooked investors. Phil lebeau spoke to him earlier today on squawk box. Hi, phil reporter melissa, two things killed united today, lack of clarity on what to expect next year, and the second are the comments of oscar munoz starting with us on squawk box regarding how far of a whole united is in relative to its competitors. I think the last few years, united dug itself a bit of a whole competitively. For us to dig ourselves out of that hole, well have to take a level of risk with regards to how we grow, where we grow, the type of investments that we make its a deep hole we have to dig ourselves out of were doing the right things for the long term. Reporter but they didnt give a whole lot of clarity on the Con
The tech rally still has room to run. Thank you. See how that works. Intels chief Financial Officer bob wan is back with us, talk about the chip anchors better than the expected earnings and concerns at rival amd could be taking a bite out of its business. They had to defend themselves on the intel Conference Call. Some of the analysts asking about that tremendous competition from amd these days. Yeah. Well ask him about that so lets begin with amazon still weighing on the tech sector. Bertha coombs has more. Reporter following that earnings misamazon seeing its worst day since early june selling off on pretty strong volume and thats providing the biggest point drag on the nasdaq 100 but amazon is coming off an alltime high just yesterday and shares are still up fractionally for the week and in fact up 6 with one more trading day left here in the month of july. The impact on bigcap tech is somewhat muted the major tech indices are down fractionally and treating volume actually isnt ref
Here are some of our featured programs coming up this weekend on cspan. Saturday night, the state of black world conference discussing the impact of a 2016 election. Author of the book are we there yet . The executive director of the National Coalition and moderator mark, host of fm radios make it plain. Also, mayor of new york, new jersey. We get together as black folks in this country and we have an agenda, we also have to unite with other people. The object is to win. We do not want to just struggle for the struggles sake. There are thousands of people in our community who have been jailed and beaten and who are dead and all kinds of things. We are not activists and revolutionaries because it is fun. For metals, for awards, for twitter, for instagram. To be brave. They did it because it was necessary. American values, the Founding Fathers and the purpose of government. Meaning of america is persuasion, love. The meaning of america is building a better project product or persuading s