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U.S. Morning Call: Apple's grand vision and surprises

Tuesday, May 28, 2013 - 02:31

May 29 - Apple CEO Tim Cook defends his company’s record of innovation and says to expect more “game changers,” while speaking at the All Things Digital conference.

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A grand vision for apple and perhaps a surprise that's in -- Wednesday morning call. Did you last night Tim Cook -- the crowd at the all things. The CEO said simply quote we have several more game changer -- -- cook also tossed in it he added quote grand vision for TV. Beyond existing apple TV streaming device. Adding an inside apple quote we think customers love surprises. Cook's comments on wearable tech may be the ones that produce the most buzz. He thinks industry still have to convince a kid to start wearing a watch her glasses that they don't already have or need. But Kevin Landis at firsthand capital apple shareholder. Said he thinks there's a big. Future for wearable devices. Like track year you're health and wellness. On something -- and then. What I do that cannot -- that wirelessly. To your Smartphone. So that you can track. You know how many steps you've taken today and how you're sleeping and all these other great things that's going to be great friend. After all the hoopla from last night though the stock down in the premarket but up about 15% from the low in mid April. Some stocks to watch some flashing new earnings from Michael course the stocks lower in the premarket but that doesn't jibe with the result which crushed. The luxury retailer reported a 57%. Rise in quarterly sales. Demand for its products clearly increasing around the world revenue also beating expectations. And make sure you keep an eye and Smithfield Foods the stocks up 33%. In the premarket after reports that -- and he group. Is in talks to buy the company for around five billion dollars in cash. Taking a look at the broader markets US stock futures getting smacked this morning. Some analysts saying positive US data could be a negative as it could slow the injections of cash from Ben Bernanke spent. Keep right on big oil Exxon and Chevron have their shareholder meetings today expect the conversation to get locked on fracking and CEO compensation. That's every Wednesday morning call remembered follow us on Twitter -- Reuters Insider and get work great videos at Reuters dot com slash. -- -- -- -- --

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U.S. Morning Call: Apple's grand vision and surprises

Tuesday, May 28, 2013 - 02:31