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CNBC Fast Money July 12, 2024 - Vimarsana News

CNBC Fast Money July 12, 2024

Apple. Josh lipton has the latest reporter apple says the stock split is to make the stock more accessible to a broad base of investors iphone revenue is blowing past expectations 26. 4 billion. I did have the chance to catch up with apples ceo tim cook we talked about those iphone demand trends and the mix in the quarter. Cook telling me iphone 11 is the most popular iphone and we had a great launch, he says, on iphone se during the quarter. It was also very strong, an uptick in switchers, meaning android switchers, that we were happy to see and the iphone se is clearly helping with that i as...

BLOOMBERG Bloomberg Technology July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Technology July 12, 2024

Yearoveryear. This, despite a huge boycott by many advertisers. Apple delivering a surprise revenue boost, growing 11 amid expectations of a possible decline. The company delaying its return to work, now setting early 2021 as a target date for the u. S. Campus. I just got off the phone with apple ceo tim cook. He highlighted a record quarter, Record Services revenue, and focused on the iphone result, which he says was better than expected after a fairly depressed first few weeks of april. Thanks bounced back he says the pandemic is likely helping sales for the iphone for the ipad and mac, but ...

BLOOMBERG Bloomberg Technology July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Technology July 12, 2024

Investors seem to be more optimistic as Congress Continues to work on another federal relief bill. The president at the bottom of the hour scheduled to deliver another news briefing. This as tensions between the u. S. And china continue to escalate. The u. S. Has ordered that the chinese consulate in houston, texas to close china to close. China is calling for the u. S. To revoke the decision and is warning that the u. S. Has more diplomatic personnel in china than vice versa. Joining us to break down the market avenue big the Market Action are Abigail Doolittle who has following who has been ...

CNBC Squawk Alley July 12, 2024 - Vimarsana News

CNBC Squawk Alley July 12, 2024

Means, what healthy competition means, julia, in this era that were in my take thus far is that theres been a difficulty applying kind of legacy, antitrust law to technology will new ground get broken here because congress, as we learned in elementary school, makes the laws absolutely. And theres been a lot of talk about the need for new, different types of laws. But jon and carl, what i think is really interesting here is the question of how much of todays hearing will really focus on the antitrust issues, which are the purported focus here, and how much will we hear other criticisms, other q...

CNBC Fast Money July 12, 2024 - Vimarsana News

CNBC Fast Money July 12, 2024

Before the house antitrust subcommittee lets get straight to kayla with the details. Reporter four hours in and a third round of questioning underway as republicans challenge apple, amazon, facebook and alphabet on political censorship and democrats take aim at the size and power the companies have amassed. Here is David Cicilini our founders would not bow before a king, nor should we bow before the emperors of the online economy reporter these four horsemen of the Technology Industry responded in kind saying, in fact, they each face healthy competition in their respective fields competition d...