Skip to main content

tv   Bloomberg West  Bloomberg  September 25, 2015 4:30pm-5:01pm EDT

4:30 pm
>> gunning for google again, the searchlight for the second time in as many years. ♪ >> i am emily chang. this is "bloomberg west." the latest iphone, but another sales record? ron johnson joins us. blackberry confirms it is making an android phone. the worstlls me fo is over. ,resident obama and xi jinping
4:31 pm
united front on climate change. what the deal means. google is in the u.s. government's crosshairs. the federal trade commission looking into whether google restricted competitor access to android. whether thei asked agency would take another look at the company following the search engine investigation. take a listen. wasn't part of that decision-making process, but it would be highly unusual for the commission to go and reopen the case. >> i was asking about a different investigation, but said, should the u.s. government take another look at google. joining me now, is bloomberg's team leader for enforcement coverage.
4:32 pm
what do you make of they commissioners comments? does this new investigation signal a change in attitude? that fcc issurprise taking another look at google two years after previous investigation. they are focusing on the android whether google is restricting or excluding other services. to be fair, this is very early stages. they have spoken with a few tech companies. we don't have a clear sense of how much research and energy they will put into this. whether itlear yet will have legs. emily: how much do you think europe's investigation is swaying the fcc? >> europe is way out in front. they have been sending questionnaires to companies.
4:33 pm
they are starting to look and study those responses. one thought is that the fcc did not want to be out of the loop on this and felt it needed to have its own way of looking at what is going on with google. that is really just a theory. moren't have a lot information at this stage about what they are thinking. emily: there was an interesting op-ed in the new york times saying that no government agency is keeping a big enough eye on u.s. tech companies. is that something you would agree with? we love our monopolies, big tech companies. in the united states, it's not illegal to be a monopoly, but trickier in europe. the fact that the sec is going back to this indicates that maybe things need to be looked at more closely.
4:34 pm
the justice department has already said they were not going ftcake a look after the said they would take a look at the case. it is in their hands. emily: i know you will keep us updated. thank you for checking in. turning now to the other giant in some of the valley -- in silicon valley, apple. devo today's light up to get their hands on the latest model of the iphone. tim cook even tweeted out this picture of the first customer to buy the phone in the world in a store in australia. color,r camera, a new another record-setting weekend? .oining me is ron johnson with us is mark gurman.
4:35 pm
breaking a lot of apple stories these days, mark is. , rose my new iphone 6s gold. people in line were waiting for the rose gold color. it's pink, but a nice shade. give us an idea of what is going on behind the scenes at apple today. it is not a huge design change, that there are a number of important updates here. >> it is an extremely exciting day in the stores. it is their chance to shine. i had the blessing to be part of many launches at apple, and the team is ready, and i am sure they are delivering fabulously. this will be another great iphone. where there is not a big industrial change, some of
4:36 pm
the most important changes happen inside the phone. you think these updates are big enough for apple to have another record-setting weekend? >> absolutely. if you look at previous updates, the success in comparison has tons of new features, four k video recording, 12 megapixel camera, 3-d touchscreen, huge drivers of sales. emily: it is interesting. with the watch they tried something different, appointment, got it by reservation. you to make sense to have these two different kinds of strategies for two different kinds of products? you think the current head of apple retail is handling things? >> angela is doing a fabulous job. the teams respect her, admire
4:37 pm
her, believe in her leadership. she is doing a great job. every launch requires a different strategy because the challenge of the supply chain to deliver. in this case, apple has nine years of launching iphones. they have enough quantity that they have the ability to reserve a reservation, but to show up, like you, and get a rose gold phone on day one. every launch is different, but the team is doing a great job carrying the torch for apple. emily: this is the first time they have released the phone worldwide at the same time. shorter,ly, lines are but analyst are saying that is because you don't have those people in line to buy phones to sell on the black market in other countries. what do you think is going on with the supply chain, the fact they have been able to release these phones globally, what does
4:38 pm
that say? >> they have perfected the supply chain management and out point of iphones at this point after releasing new models every year since 2007. if you look at the evidence, they are doing a much better job this year at having enough supply for demand, particularly the iphone 6. the plus is still shipping in 3-4 weeks on the website. the iphone 6 is readily available. i know a family member that ordered 86 asked that is being delivered today. that is being delivered today. emily: you know better than anybody about the supply chain, but there has always been a suspicion that apple holds back supply to create demand around lines.d new product is that true? >> it has just been the case for
4:39 pm
the past two years that demand has outstripped the ability to supply, but the goal is to get as many of the new products into 's hands asands a quickly as possible. emily: apple does not want to a luxury company, but they are adding luxury accessories. what you make of that evolution at apple? >> i think they want to appeal to everyone, high-end, but also within reach. very important about this year's launch is they have reduced the prices of the older iphones by $100 apiece. that will spur a lot of sales of those phones, which are still popular in many parts of the world. the watch, plus discounts on great phones, shows apple once
4:40 pm
to appeal to everyone and have products for everyone. emily: two questions, would you agree with that? second, you are creating a white -glove experience for the delivery of electronics, including for iphones. tell us how that works. >> with the iphone, you go to at&t's website, order a phone online, take free-hand delivery. we can hand-deliver and set up the phone and you have a use it in as fast as four hours. so someone on the site right now , delivery tonight in new york or san francisco, which we think is a breakthrough and how to buy a new product. emily: is apple a luxury company? >> apple is a company for everybody. you think of the things we wear, watches, there has always been a range of products that people like to do.
4:41 pm
apple is trying to be a company for all people, so you can get a sport band for more casual, lower price, or more luxury brand at the same time. a premier brand that serves a luxury customer and in everyday customer, and they have to develop merchandise strategies for all. emily: ron johnson, former head of apple retail. thank you. i will be trying my new rose-gold fun this weekend. i have not gotten a lot of time to play with it. blackberry ceo tells us why the next phone won't run on blackberry's operating system. ♪
4:42 pm
4:43 pm
emily: blackberry takes a beating, shares slumped after
4:44 pm
the company posted loss, shipments hit lowest level in eight years. the ceo says the worst is over. he is betting consumers will come back for a handset that runs on android operating system. i ask him why he is now working with google. i asked him why he is now working with google. >> in working with google and able to put out blackberry know-how into the latest operating system, it should appeal to a lot of people, especially professionals and more high-in consumers. if you're high-security customers embrace the android phone, would you be convinced to stop selling the blackberry operating system phones? what would it take to do that? >> that is a great question. blackberry is
4:45 pm
still the most secure phone in the market. of high-inot government users. we pledge to continue to support that. we have a new release coming out in march of next year. that is a software release. the customers and will be taken care of. we will continue to develop security for the android space. there will be a time that the that i canll say certify, then we will switch them over. there is no particular timeline, because we are comfortable on supporting the software updates on blackberry. emily: we have to talk about revenue. you said it would not fall below $500 million. this quarter came up short. how much lower can it go or is this bottom?
4:46 pm
when does it wrap backup? >> i made a statement in the earnings call that i expect q3 to uptick from q two-volume, and 242 uptick from q3. you can call it a bottom or ever, but that is what we expect to do. we should see uptick in the next two quarters. emily: you are bullish for blackberry stock, and i want to talk to about this. we saw with volkswagen this week using software to cheat emission standards. apple is pushing ahead on its own car. what role do you see for blackberry in cars going forward? >> car is a really big market. , the really about iot internet of things. the car is the first frontier of that interacting with phones,
4:47 pm
anything from safety, controls, entertainment systems, so forth. it being ahink about really big application itself. a lot of people can make good business out of the connected car. basicvide a lot of the operating systems in cars, ford, volkswagen to name a few, 250 brands around the world. we think there is a good business there. we do already a lot of business there. emily: how many now and what is the goal? >> 50 million to the last count. 60 million is the last count. -- 60 million is the last count.
4:48 pm
there is no upper limit. cars are replaceable items. will have other things like truck tracking and medical devices, so it is a pretty big space, it even focusing on transportation is a big space. , blackberrychen ceo, you can watch the full interview on bloomberg.com. now, chinese president xi jinping visit to washington dc, cyber security, president obama and president xi jinping held meetings. take a listen to what president obama had to say about an agreement. >> today, i can now announce that our countries have reached a common understanding, neither the u.s. or chinese government supportduct or cyber-enabled theft, including
4:49 pm
trade secrets or other confidential business information for commercial advantage. in addition, we will work together with other nations to promote international roles for appropriate conduct in cyberspace. up, president obama and xi jinping renew their pledge to tackle emissions. we will talk about the role next. ♪
4:50 pm
4:51 pm
emily: time now for the daily by te. today's number is 316 million, monthly active users that twitter has. the company wants more. i told you about instagram's surged past twitter.
4:52 pm
now twitter is adding features, including a tool that allows users to create polls and track results. was one poll that asked, boxers or briefs? boxers were winning to-one. it's friday. president obama and xi jinping presented a united front, climate change. the leaders of the world two economies pledged billions to help poor countries and to cut emissions. also, pope francis warned world leaders at the yuan general somebody to do more than make solemn promises about the environment. negotiatorsas hammer out a landmark agreement tweet 200 nations to control pollution and emissions. joining me from new york is the u.n. climate chief. thank you for joining us.
4:53 pm
thank you. it is great to have you. you say this would announcement is from president obama and president xi jinping as an example to other nations? >> it is critically important. these are the two greatest economies. they are the two greatest polluters, so for them to take action together is really very important. are assumingy responsibility. china is looking to the future. they are assuming responsibility together. is an important example of how by not just working individually and separately, but rather by joining forces and joining efforts, everyone can do so much more than we are doing now. on both accounts, a very important role model for the world. thing.leaders are one mark zuckerberg is another. mark zuckerberg is speaking at
4:54 pm
the u.n. about sustainability. how important our business leaders like him? >> critically important. it is clear that policy is critical and has to be the bedrock of change, and that is what every single country is doing now. individually, within their own borders, as well as contribute to the construction of the international regulatory framework that is going to guide this transformation over the next 10 years to 20 years, but that is not the end of the story. that policy needs to be an active and taken to the ground to make the difference, and that is the purview of the private sector. it is also the responsibility of some national governments. there is a very important collaborative framework that is being built here between national governments on one side astonishing the policy, and then those that are implementing it action getting the work done,
4:55 pm
national governments and corporations and civil society. emily: we talk a lot about clean energy on this show. we talk about innovations in solar, wind. where do you see the most promise? >> it is deathly in the family of renewables, and really quite amazing what we see happening in front of our eyes. it is being reported, although we will wait for confirmation, that india will be by 2030 generating 350 gigawatts of renewable energy. 175 is the equivalent of hoover dams. now has the other hand installed last year for times as much wind power as the united states. by 2030, china will actually which thegigawatts,
4:56 pm
same as the united states total generation capacity now. the developing countries are truly taking the lead in investing in renewable energy, because they have understood that that is where their future is, that makes sense for them. emily: quickly, christina. we talked about nuclear energy. i spoke with the ceo of trans anomaly -- trans atomic power. help?this >> that is a question every country will decide for themselves. on nuclear, three factors, costs becausesing of added security measures as compared to decreasing costs in renewable, and finally, dependence on the grid. change..n. climate thank you for joining us. very important to hear that.
4:57 pm
that does it for this edition of the show. have a wonderful weekend. we are back on monday. ♪
4:58 pm
4:59 pm
5:00 pm
i'm margaret talley. >> it would appear you are not the only one who wanted to get out of washington. john boehner: ♪ my oh my what a wonderful day ♪ the show tonight, values and voters. but soon, it is soon to be a vacancy. today in a slow news day, speaker john boehner said sayonara to capitol hill announcing he would resign from conger said the end of october. here is the reasoning that john boehner ve

28 Views

info Stream Only

Uploaded by TV Archive on