Apple's revenue grew considerably during the most recent quarter but iPhone sales were down. The company sold 77.3 million iPhones during the holiday quarter, about one million less than the same time last year. It's the first time Apple has ever seen declining sales on its iPhones during the holiday season. However, the company did post $88.3 billion in revenue, up 13% from last year.
There was good news and bad news in the earnings report for Alphabet, the parent company of Google. The company beat expectations on revenue but fell short on earnings. Ad sales were strong but that profit was offset by increased ad spending.
And Amazon soared past Wall Street expectations thanks to strong holiday sales. The company beat on revenue and earnings. Amazon also set a new record, posting profits above $1 billion for the first time.
We dive into these earnings reports with Gene Munster, Managing Partner at Loup Ventures. Munster believes Amazon's profitability was a one-time thing. He is also predicting that Apple will release a new iPhone soon with a screen that's 25% bigger.
Plus, Cheddar's CEO Jon Steinberg talks to veteran newsman Dan Rather about his new partnership with The Young Turks. Rather now has a half-hour show airing on the network's YouTube channel. "The News with Dan Rather" will offer commentary and analysis on today's news, something he never did on "CBS Evening News." The show airs Mondays at 5:30pm ET.
Bess Freedman, CEO of Brown Harris Stevens, discusses the factors impacting the housing market and spotlights the latest trends within New York's luxury real estate.
Colgate-Palmolive is shedding light on the little-known fact that oral health is integral to overall health. The consumer products company will commit $100 million over five years to transform the way the world thinks about and addresses oral health. Maria Ryan, Chief Clinical Officer at Colgate-Palmolive, discusses why oral health is so vital to our physical and mental well-being.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Daniel Newman, Founding Partner & Principal Analyst at Futurum Research, discusses whether Apple's Peek Performance event will be enough to lift shares and what the impact of cutting ties with Russia means for the tech giant's growth prospects.
Jason Moser, Senior Analyst at The Motley Fool, discusses the industries most impacted by the return to office trend and outlines the factors that may affect spending this year.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Aaron Easterly, CEO of Rover, discusses the factors that led to Rovers YOY growth and how the potential uptick in travel and commuting will affect Rover for the remainder of the year.
Peter Andersen, Chief Investment Officer at Anderson Capital Management, discusses the ramifications of Europe reducing dependence on Russian oil and how the Fed may respond to rising interest rates.
U.S. markets opened mixed on reports that Biden could announce a ban on Russian oil as soon as today. Robert Cantwell, Founder and Portfolio Manager at Upholdings joined Cheddar's Opening Bell to discuss.
