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Apple Shares Fall on Disappointing 4Q Earnings

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:30
  • Date

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This transcript is automatically generated

But let's go right now -- -- -- is because she is all over the story of apple which continues its decline falling below 600 dollars earlier today.

After -- yesterday's earnings numbers.

It's unbelievable watching it go below that 600 dollar mark when it -- over 700 in September.

And made its new all time highs making them when they're not -- -- -- they they were a giant on everything Shia and the forecast pointed to many products.

Is there plateau perhaps all are they just get ready for the holiday season.

But analysts cut their numbers.

It is not eight.

All across the board negative day in fact you look at Expedia and you'd think quite the opposite it's up by double digits.

Right and that was -- Expedia would not much gobble and hotel and booking they did well Asia Pacific area Europe they have hotels dot com and that they did well.

Okay -- reporting third quarter profits falling 31%.

The stock is tumbling as well.

Ups usually do pretty well in the fall today -- -- and they haven't been doing well at all they hit a new low lowest since 2009.

And what do you want when you get a report.

Third quarter profit miss on revenue miss at a lower fourth quarter guidance and they had all.

They line of Bob Palin.

And it -- you we have been watching this show for the past month and have you know we're big on cold since Mitt Romney mentioned the first debate -- -- up 12% quickly go out.

Yeah -- -- but he did make some money.

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