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Detailed text transcripts for TV channel - MSNBC - 20190103:20:31:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20190103:20:31:00

Talking about and third this market is uneasy about trade. where do you attribute this market behavior today? >> we can add a couple other things. apple is not only indicative of problems with the iphone sales. china's economy seems to be slowing. >> pause for a second. there's something about apple. apple is not appling as well as it has. >> right. some of my colleagues said this morning, micro and macro issues. some are specific to apple. tim cook admitted that yesterday afternoon. also apple is saying that the chinese economy is slower than many had thought until recently. so it may be acce...

Detailed text transcripts for TV channel - MSNBC - 20190103:20:39:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20190103:20:39:00

Too many phones? >> i think -- so i think it's a little bit of both. it's not a squatisfying answer, but the larger trends right now are having more pressure on apple than they would have in the past. nighttime i think they need another high margin product that they have not yet offered. you know, services like i cloud and things like that are high margin for them. the iphone has margins of 50, 60%. they don't have another product this their portfolio like that. i've seen folks speculate maybe they should buy tesla or come up with another category. it's going to take a new product line of busi...

Detailed text transcripts for TV channel - MSNBC - 20190103:20:35:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20190103:20:35:00

Even if we're coming out of that drop from the end of the year, typically what happens if you're resolving this slump, you'll bounce back and then you'll retest the lows we saw in december before a real bottom is put in. we could see enhanced volatility for quite some time to come. >> thank you, ron. senior analyst and commentator. one of the main reasons for the drop was a warning from apple about declining revenue due to falling iphone sales. tim cook talked with cnbc about what's behind this trend. >> as we look at what's going on in china, the -- it's clear that the economy began to slow t...

Detailed text transcripts for TV channel - MSNBC - 20190103:20:36:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20190103:20:36:00

Technology contributor and tech reporter for the new york times. great to see you. thank you for being here. now that i parsed out the political trade side, can't totally do that with ron, let's talk about apple. apple is not only the biggest public company in the world, it's the one people love to invest in and use. in my earlier generation, it's the ibm or ge, the thing people invested in because they believed it's the newspapfuture. is there something to worry about? apple had its worst day in ten years. >> that's right. i think the way to look at apple is as you said before. it's not a com...