Fast Money 01/02/19

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 3 January 2019

⏱️ 109 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

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0:00.0	All right now live from the NASDAQ market site
0:05.0	overlooking New York's Times Square. I'm Scott Wopner in tonight for Melissa Lee.
0:09.0	Our traders tonight, Tim Seymour, Brian Kelly, Dan Nathan, and Guy Adamee we do start with that big
0:15.5	breaking story moments ago Apple warning on its first quarter results the stock
0:20.4	is falling sharply after hours.
0:22.8	Our Josh Lipton is at Apple headquarters
0:25.0	where he just sat down with CEO Tim Cook
0:27.7	in an exclusive interview.
0:28.9	Stunning news to say the least, Josh. Yeah, listen listen Scott Apple coming out revising that Q1 guidance as you noted the stock
0:37.6	dropping hard they're not calling for revenue of about 84 billion Scott
0:41.2	remember they had previously guided to 89 to 93 billion I did have the chance to speak exclusively with Apple CEO Tim Cook about the quarter the guidance take a listen
0:52.0	Tim thank you so much for taking the time at Chatt.
0:54.0	We appreciate it.
0:55.0	Thank you for coming.
0:56.0	I want to dig right into the results, Tim,
0:58.0	an iPhone revenue specifically,
1:00.0	because as you mentioned, that was lower than expected,
1:02.0	and that accounted for
1:03.7	the revenue shortfall here and I want to dig in specifically to the trends you're
1:08.2	seeing in China because you say something interesting which it isn't just the
1:12.3	economy there it's also
1:14.0	these rising trade tensions what did you mean by that Tim yeah if you look at our
	...

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