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Durable goods fell five point 7% -- biggest drop in seven months but all eyes were on apple.
Apple reported its first drop in profits in -- -- when it released its earnings after the bell yesterday.
And even though Apple's profit slipped I had an -- -- orders remain strong.
The company reportedly -- 37 point four million iphones in the first quarter and nine and a half million ipads.
Iphones and ipads have been around for a while leaving many speculating about what is in the pipeline.
I'm more excited about.
Down the line things like I watched that are coming the fact that they're getting into cars Volkswagen announced a special edition I -- this week with there.
Integrated technology built and and then we're all waiting for an apple television which might not be until next year so if you're -- for the long haul I think he should be patient.
But apple users shouldn't get too excited for anything new coming in Apple's CEO Tim Cook said that new products are being worked on but they -- hits shelves until at least -- -- Milan delay between product releases should be some concern for apple because -- -- plenty of time for rival Samsung to ramp up its marketing experts -- released.
What that means for us is that we're not gonna see an iPhone 5 -- iPhone 5 successor.
In the summer and the reason why that's a concern is because the Samsung galaxy S four launches today -- -- you think it's gonna be really hot -- Along with the weak profit and strong sales apple also announced that they plan to buy back 55 billion dollars in stock but she doesn't fifteen.
Apple shares continue to hover around 400 dollars down nearly 43%.
From its 52 week high of 705 dollars.
Not on -- foxbusiness.com.
For more in New York I'm Tracy Byrnes.
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