The Nikkei is down 25 points today in Tokyo.
On Wall Street, the Dow fell 41 points
And the Nasdaq lost 44
Apple sold 51 million iPhones and 26 million iPads from October to December. But that wasn't enough to satisfy Wall Street's lofty expectations. While Apple's after the bell earnings did beat expectations, the company's sales outlook disappointed investors.
The Federal Reserve kicks off a two day meeting in Washington today. It is Ben Bernanke's final meeting after serving as chairman of the Fed for eight years. Janet Yellen will replace him as the first female Fed chief February 1st.
Google, Microsoft, Facebook and other major internet companies have struck a deal with the government on disclosure. The agreement allows companies to reveal how often they are ordered to turn over information about their customers in national security investigations. Companies will have to wait six months before releasing information about intelligence orders.
Southwest Airlines will begin flights to the Caribbean beginning July 1. The discount carrier began selling tickets this week for flights to Aruba, the Bahamas and Jamaica from Atlanta, Baltimore and Orlando. Those routes are currently flown by Airtran Airways, which Southwest bought in 2011.
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