Event:
Apple announces its holiday earnings will be announced January 27; investors will care most about the company's iPhone and iPad sales
More Notable Events on January 7:
1986 U.S. president Reagan proclaims economic sanctions against Libya
1953 President Truman announces development of hydrogen bomb
1942 WW II siege of Bataan starts
1914 1st steamboat passes through Panama Canal
1618 Francis Bacon becomes English lord chancellor