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Good morning three triple digit losses for the blue chips in a row the last time we saw a losing streak like that was back in September yesterday the Dow gave up a 104 points -- had been down more than 200 stung by weak earnings from companies like UPS.
The tech sector is expected to get hit today last night apple came out with a rare and big miss in its latest earnings report.
One problem was 26% decline in iPhone sales between Apple's second and third quarters.
Many customers are simply waiting to buy the new iPhone 5 when it's released later this year.
Apple sold 26 million iphones in the quarter seventeen million ipads for a million Macs and nearly seven million iPods.
And Netflix is making money again but investors still have serious concerns about the online video service Netflix -- little over six million dollars in the quarter.
Instead of losing money but the company also said it's likely to lose money again come the end of the year.
Netflix also cautions that may be difficult to get new customers onboard with this Summer Olympics stealing the spotlight until the middle of next month.
And we're getting older and so -- our cars auto repair website -- MD dot com says 70% of people polled are waiting.
Until their car is at least ten years old before they buy -- -- one.
That's business for more on Apple's blunders log on foxbusiness.com.
In New York on warrants -- -- --
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