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Revenue from $AAPL's big three products, the iPhone, iPad and Mac, are all down in 2Q16, both on sequential and YoverY basis. iPhone revenue fell 18% YoverY to $32.8Bil, iPad fell 19% to $10.25Bil, and Mac fell 9% to $5.1Bil. Services revenue rose 20% YoverY to $6Bil, while Other Products, which includes the Apple Watch, grew 30% to $2.2Bil.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?