Than expectations. Revenue beat estimates. It climbed 22 from just a year ago, and that sent shares of the widely held company in mutual funds and retirement accounts among other blaises initially higher in extended trading. Our josh lipton has more on apples quarterly results. Reporter 48 million, that was the big number in apples latest Earnings Report. Thats the number of iphones that apple shipped in the quarter. And that was up 22 year over year. It was in line with what wall street had forecast. Remember, we can talk about apple pay or apple music, but the end of the day, this is an iphone company. It is the iphone that generates the bulk of this companys sales. Some investors and certainly some analysts on wall street concerned about whether apple can meaningfully grow iphone units in the quarters ahead. A maturing smartphone market, a slowing china and certainly tough comps. I did have a chance it 0 speak to apples ceo tim cook. He remains confident and knows that more people t
Than expectations. Revenue beat estimates. It climbed 22 from just a year ago, and that sent shares of the widely held company in mutual funds and retirement accounts among other blaises initially higher in extended trading. Our josh lipton has more on apples quarterly results. Reporter 48 million, that was the big number in apples latest Earnings Report. Thats the number of iphones that apple shipped in the quarter. And that was up 22 year over year. It was in line with what wall street had forecast. Remember, we can talk about apple pay or apple music, but the end of the day, this is an iphone company. It is the iphone that generates the bulk of this companys sales. Some investors and certainly some analysts on wall street concerned about whether apple can meaningfully grow iphone units in the quarters ahead. A maturing smartphone market, a slowing china and certainly tough comps. I did have a chance it 0 speak to apples ceo tim cook. He remains confident and knows that more people t
Revenue beat estimates. It climbed 22 from just a year ago, and that sent shares of the widely held company in mutual funds and retirement accounts among other blaises initially higher in extended trading. Our josh lipton has more on apples quarterly results. Reporter 48 million, that was the big number in apples latest Earnings Report. Thats the number of iphones that apple shipped in the quarter. And that was up 22 year over year. It was in line with what wall street had forecast. Remember, we can talk about apple pay or apple music, but the end of the day, this is an iphone company. It is the iphone that generates the bulk of this companys sales. Some investors and certainly some analysts on wall street concerned about whether apple can meaningfully grow iphone units in the quarters ahead. A maturing smartphone market, a slowing china and certainly tough comps. I did have a chance it 0 speak to apples ceo tim cook. He remains confident and knows that more people than ever are switch
For a monday morning. Here at post nine on a day where were going to put the month of november to bed. First up, sue herrera has news at hq. Going to try it again. Will file for an ipo according to sources quoted on dow jones for 2016. That ipo will go off the board apparently. The valuation of the exchange operator, more than 2 billion. You might recall the first attempt by bats to ipo was in 2012 but it was derailed because of a software glitch. Theyre going to try it again some time in 2016. 2 billion is the estimate on the Exchange Valuation and theyre expected to file the prospectus as early as september. Joining us this morning from palo alto, the cofounder of elevation partners, roger, good to see you. Always great to be here. The cyber monday. The new normal for Holiday Shopping. The survey found that more people shopped online than in stores other the weekend. Accord to adobe, people spent 4 billion online thursday and friday. Up 14 year on year. After a more than 20minute out
470 of them front office jobs. Now to carl cant ania and the beginning of squawk alley. Good morning. It is 8 00 a. M. At apple headquarters in cupertino. 11 00 a. M. On wall street, and squawk alley is live. Good tuesday morning. Kayla is off, but with us as always john and myself at post nine. Joining us today jessica lessen, the founder of the information and cnbc contributor. Jessica, great to have you with us as well. On a crazy day, cramer called it an emotional opening, and it was certainly that. Were well off the lows. Oil has gone green after a miserable morning. Lets start with the markets falling, of course, since the open right now. Dow down 86 points. S p is down about seven. We mentioned oil going positive. Our bob pasani on the floor watching everything. Bob. We are in the middle of a modest rally. Remember, we were we got down 20 points in the s p 500 right at the open, and we have more than half that with the s p down only six points. Lets take a look at the market int