Apple Smashes Expectations!
Business Update: Apple Smashes Estimates!
Shares of Apple hit a lifetime high after quarterly results showed consumers continued to snap up millions of iPods and iPhones. Conway Gittens reports.
Shares of Apple hit a lifetime high after quarterly results showed consumers continued to snap up millions of iPods and iPhones. Conway Gittens reports.
About 180 class-action law suits have been filed against BP as a result of the Gulf oil spill. Robin Greenwald from Weitz & Luxenberg is filing two suits against the oil major and spoke to CNBC about the cases.
Discussing the luxury markets and retail sales overall, with Andrew Wolf, BB&T Capital Markets food & drug retail sector analyst.
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
China’s domestic market has become very strong, notes Allan Zeman, chairman of Lan Kwai Fong Holdings, prompting him to set up a similar entertainment strip in Chengdu, as well as a mall in Guangzhou. He sheds light on the changing face of the Chinese consumer, with CNBC’s Bernard Lo & Karen Tso.
Discussing the impact of the oil spill on Florida, with Mike Wiggins, Pensacola mayor and NBC’s Kristen Dahlgren.
It is not too late to get into stocks if investors have a 6-month outlook, Peter Morici from University Of Maryland Smith School Of Business told CNBC Thursday. Justin Urquhart Stewart from Seven Investment Management joined the discussion.