Friday, November 2
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 2 November 2018
⏱️ 9 minutes
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | Good morning from the newsroom of the Financial Times. Today is Friday |
| 0:14.0 | November 2nd and this is your FT news briefing. |
| 0:17.1 | Today we'll be looking at what sent Apple shares down on Thursday evening, |
| 0:21.6 | what the Bank of England says a smooth Brexit could mean |
| 0:24.8 | for the UK economy, and how President Trump suggested US troops open fire on migrants. |
| 0:31.6 | Then we'll take you to San Francisco, |
| 0:33.7 | where Google employees joined their colleagues |
| 0:36.0 | around the globe in a walkout to protest |
| 0:38.4 | what they're calling a culture of harassment |
| 0:40.5 | and discrimination. |
| 0:42.0 | I'm Eric Krupky. And I'm Amy Keene and here's the news you need to start your day. |
| 0:48.8 | Apple released its fourth quarter results yesterday. The iPhone maker beat Wall Street's forecast for revenues |
| 0:54.8 | which came in at 62.9 billion dollars for the quarter. That's their highest revenue growth |
| 1:00.5 | rate in three years. It looks like the high prices of its new iPhones |
| 1:04.9 | helped. But a warning from Apple's chief financial officer about lower than |
| 1:09.3 | expected holiday sales worried investors. |
| 1:12.6 | And so did the unexpected notice that the company would give less information about |
| 1:16.4 | the number of units it sells. |
| 1:18.7 | That caused shares to fall as much as 7% and after-hours trading, which briefly took Apple's market valuation below the $1 trillion mark. |
| 1:27.0 | Analysts were expecting $93 billion in sales for the holiday quarter, but on Thursday, Apple said these sales would range between |
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