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Apple's Record Earnings, Fed Chair Pick, and Asia Tech Rally

Bloomberg PodcastsJanuary 30, 202617 min455 views
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Apple's Record Quarter and Outlook

  • 🍎 Apple reported record sales for the holiday quarter, with revenue jumping 16% to $143.8 billion, exceeding expectations.
  • 📈 Strong demand for the iPhone 17, growth in services, and a rebound in China were key drivers of this performance.
  • ⚠️ Despite strong results, Apple warned that rising component costs threaten to squeeze profit margins.

Global Market Volatility and Currency Movements

  • 📉 The US dollar weakened slightly, but significant volatility was observed across major currencies like the euro and Japanese yen.
  • 🇯🇵 Speculation around potential intervention by Japan's Ministry of Finance and a Bank of Japan meeting sparked initial volatility in the dollar-yen pair.
  • 🗣️ President Trump's comments on the dollar's decline provided a
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What’s Discussed

AppleRecord EarningsiPhone 17China MarketFederal ReserveFed Chair PickInterest RatesUS DollarForeign ExchangeAsia Tech StocksEquity StrategyAI RallySouth Korea StocksTaiwan StocksChina Stocks
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