Apple Profit to Shrink for First Time in Decade?
April 23 (Bloomberg) -- Apple’s quarterly profit is projected to shrink for the first time in a decade, hurt by products with lower profit margins and slower iPhone-sales growth. Angie Lau and Rishaad Salamat report on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)
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Wal-Mart Tops Estimates on Double-Digit Online Growth
16:19 - Wal-Mart topped fourth-quarter estimates as the retailer posted its third straight quarter of growth in online sales following last year's $3.3 billion acquisition of Jet.com. Bloomberg Gadfly columnist Shelly Banjo and Paul Richards, president at Medley Global Advisors, examine the results on "Bloomberg Daybreak: Americas." (Banjo is a Bloomberg Gadfly columnist. The opinions expressed are her own.) (Source: Bloomberg)