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first, forget apple. reporting its first decline in revenue since 2003. something else it's reporting caught our eye. it could show the next president how to get our entire economy how to get our entire economy growing again. innovative sonicare technology how to get our entire economy growing again. with up to 27% more brush movements versus oral b. get healthier gums in 2 weeks guaranteed. innovation and you. philips sonicare. save when you buy the most loved rechargeable toothbrush brand in america. [martha and mildred are good to. go. here's your invoice, ladies. a few stops later, and it looks like big ollie is on the mend. it might not seem that glamorous having an old pickup truck for an office... or filling your days looking down the south end of a heifer, but...i wouldn't have it any other way. look at that, i had my best month ever. and earned a shiny new office upgrade. i run on quickbooks. that's how i own it. >>> everyone's talking about it. apple reporting iphone sales drop for the first time ever, and quarterly revenue for the first time in
first, forget apple. reporting its first decline in revenue since 2003. something else it's reporting caught our eye. it could show the next president how to get our entire economy how to get our entire economy growing again. innovative sonicare technology how to get our entire economy growing again. with up to 27% more brush movements versus oral b. get healthier gums in 2 weeks guaranteed. innovation and you. philips sonicare. save when you buy the most loved rechargeable toothbrush brand in...
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first, forget apple. reporting its first decline in revenue since 2003. something else it's reporting caught our eye. it could show the next president how to get our entire economy how to get our entire economy growing again. ♪and i ♪i will always love you, i ♪i will always love you ♪i hope life treats you kind ♪and i hope you have all you've dreamed of♪ ♪and i wish you joy and happiness♪ ♪but above all this i wish you love♪ ♪and i will always love you ♪i will always love you, i ♪will always love you ♪i, i will always love you, i...♪ show show me more like this. s. show me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. e.t. phone home. when you find something you love, you can never get enough of it. change the way you experience tv with xfinity x1. >>> everyone's talking about it. apple reporting iphone sales drop for the first time ever, and quarterly revenue for the first time in 13 years, but apple's cash on hand hitting
first, forget apple. reporting its first decline in revenue since 2003. something else it's reporting caught our eye. it could show the next president how to get our entire economy how to get our entire economy growing again. ♪and i ♪i will always love you, i ♪i will always love you ♪i hope life treats you kind ♪and i hope you have all you've dreamed of♪ ♪and i wish you joy and happiness♪ ♪but above all this i wish you love♪ ♪and i will always love you ♪i will always...
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May 12, 2016
05/16
by
BLOOMBERG
tv
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this is why we are seeing apple shift to a services model, focusing more on apple music. we reported about all the drama happening at apple music, new people coming in, focusing more on the user interface. tim cook is very bullish on the future of apple music. services are still a relatively small part of the business compared iphone sales, but apple is betting this is their future. carol: if you look at a company were so much of their earnings isontingent on the iphone, they are stuck on this until the other businesses catch up. emily: we cannot rule out the apple watch either. is the first generation. think about that. the first iphone was like a brick. carol: people kind of loved it. emily: especially now. it was such a transformative product. will the apple watch be that transformative? it doesn't seem to be as much as the iphone but it's only been out a year. let's give it some time. carol: we will see what happens. emily: this is the entertainment for today. carol: emily chang, think it's a much. catch emily on "bloomberg west" this evening. still ahead on "bloomber
this is why we are seeing apple shift to a services model, focusing more on apple music. we reported about all the drama happening at apple music, new people coming in, focusing more on the user interface. tim cook is very bullish on the future of apple music. services are still a relatively small part of the business compared iphone sales, but apple is betting this is their future. carol: if you look at a company were so much of their earnings isontingent on the iphone, they are stuck on this...
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May 14, 2016
05/16
by
BLOOMBERG
tv
eye 30
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so apple became aware of dropbox early on. and they were curious -- it started out well below -- it wasn't steve who first learned about it. we had some conversations with their team because they were curious about how we managed to put the little green icons on the files. it turns out that to do that was actually a pretty tough technical challenge. and so what we kind of had to do was open-heart surgery on the finder, on code we didn't write, and their team understood that this was some pretty crazy acrobatics and then something no other company had done. eventually, it ended up steve reached out and wanted to talk to us. and so we were like -- you know, we had repeatedly said look, we're not interested in selling the company. we are still not interested in selling the company. we want to be respectful of your time. but, you know, if you want to hang out, sure. [laughter] drew: and so -- it was wild. you know, we would get up in the morning, and we had the zipcar. and we were like, okay, we have to get to 1 infinite loop, oh,
so apple became aware of dropbox early on. and they were curious -- it started out well below -- it wasn't steve who first learned about it. we had some conversations with their team because they were curious about how we managed to put the little green icons on the files. it turns out that to do that was actually a pretty tough technical challenge. and so what we kind of had to do was open-heart surgery on the finder, on code we didn't write, and their team understood that this was some pretty...
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May 16, 2016
05/16
by
FBC
tv
eye 53
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share, the fact of the matter is apple is getting the attention. that shows you how quickly sentiment and numbers can change. that is helping the dow all because of foreign buffet. trish regan taking you through the next hour. trish: thank you very much. a big market rally. thanks to oil, recent merger in the big new york time merger. she knows her comments were taken out of context. welcome to the intelligence report. a major beef. listen to what a former girlfriend of trump who was put in the article said. >> he was very gracious. i felt him around all types of people. all types of women. he was very kind, thoughtful, generous. he was a gentle man. we will debate it with our all-star political analyst. if she is elected, she will put her husband in charge of the economy. good idea? we will ask foster foster freeze for his take on that. murders spiking in more than two dozen cities nationwide. is the war on cops to blame? bold eagle is here to explain. the democrat and chaos. this video from this weekend's democratic convention in nevada. his dele
share, the fact of the matter is apple is getting the attention. that shows you how quickly sentiment and numbers can change. that is helping the dow all because of foreign buffet. trish regan taking you through the next hour. trish: thank you very much. a big market rally. thanks to oil, recent merger in the big new york time merger. she knows her comments were taken out of context. welcome to the intelligence report. a major beef. listen to what a former girlfriend of trump who was put in the...
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May 26, 2016
05/16
by
CNBC
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we've got your apple shopping list. plus, record lines for tsa and oil at the highest level in seven months. could the combination spell trouble for the airlines? the top-ranked analyst weighs in and could robots be mcdonald's answer to minimum wage wars when "fast money" returns. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole n
we've got your apple shopping list. plus, record lines for tsa and oil at the highest level in seven months. could the combination spell trouble for the airlines? the top-ranked analyst weighs in and could robots be mcdonald's answer to minimum wage wars when "fast money" returns. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why...
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351
May 26, 2016
05/16
by
KTVU
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what he's going to do over the great wall of china is try to hit a target the size of an apple with the go pro mounted on his helmet. >> how on earth do you spot that from wherever he's jumping from? >> this is amazing. i love this guy. >> needless to say he', he's be training for months. he's going to be flying at about 120 miles an hour. >> how do we watch it? can we watch it live on the internet? >> he's going to be broadcasting this live using the transmitter on his helmet. you'll be able to see it live without delay from his point of view, as he's doing this, the event is going to take place on may 28th in china. we here in the united states can watch it at 9:00 p.m. pacific time on may 27th. you u can watch it on go pro's facebook page. >> that's incredible. >> yeah. millions of viewers are going to be watching. keep in mind, if anything goes wrong, you'll be able to see it. >> oh, talk about raising the bar. >>> this video is going viral because people believe that's what is happening at this fast food chicken shop in england. you see an elderly man enjoying his meal. he's a regu
what he's going to do over the great wall of china is try to hit a target the size of an apple with the go pro mounted on his helmet. >> how on earth do you spot that from wherever he's jumping from? >> this is amazing. i love this guy. >> needless to say he', he's be training for months. he's going to be flying at about 120 miles an hour. >> how do we watch it? can we watch it live on the internet? >> he's going to be broadcasting this live using the transmitter...
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May 19, 2016
05/16
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BLOOMBERG
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encryption,e of even that you cited with apple. you have him saying that encryption is seriously impacting national security and hurting criminal investigations. what is your response? >> i sympathize with it. there is a real problem. this is a bit of a safe haven. security,e world of there are always trade-offs. it is cyber threats. has said that those cyber threats is threat number one. you really have to be careful for legitimate reasons to do something that is actually going to make it successful. my bottom line is the government can do this. i don't think it is a good idea. use that in the past that we are headed to a world of unbreakable security. i'm wondering do you believe that there won't be actors out there that will be able to break into things. >> what i meant was we all have to embrace in the security community the reality. nomatter what lobby we pass, matter what court judgment we get, it is going to come increasingly difficult to understand the concept of communication. it is inevitable. rather than try to slow the
encryption,e of even that you cited with apple. you have him saying that encryption is seriously impacting national security and hurting criminal investigations. what is your response? >> i sympathize with it. there is a real problem. this is a bit of a safe haven. security,e world of there are always trade-offs. it is cyber threats. has said that those cyber threats is threat number one. you really have to be careful for legitimate reasons to do something that is actually going to make...
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May 4, 2016
05/16
by
BLOOMBERG
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apple changing its tune on apple music. the company will make sweeping changes after a lack of response to the service. and falling for the ninth time in 10 days. ♪ vonnie: this is "bloomberg markets." i am vonnie quinn. time for a look at some of the biggest stories in the news right now. saudi arabia's stock exchange has identified a list of banks -- the shortest includes -- shortlist includes morgan stanley and j.p. morgan. the official decision could come as soon as this week. the ipo could raise more than i've hundred million dollars -- more than $500 million. takata has agreed to a stunning increase to the recall of airbags. the expanded recall will bring the total number of info aiders-- -- inflators to be replaced to 59 million. it will take till the end of 2019. tesla is losing its global head of production. this comes as the company prepares to release a mass production model 3. a recall affecting tesla's model x. that's your latest "bloomberg business flash." in politics, republicans ted cruz and now john kasic
apple changing its tune on apple music. the company will make sweeping changes after a lack of response to the service. and falling for the ninth time in 10 days. ♪ vonnie: this is "bloomberg markets." i am vonnie quinn. time for a look at some of the biggest stories in the news right now. saudi arabia's stock exchange has identified a list of banks -- the shortest includes -- shortlist includes morgan stanley and j.p. morgan. the official decision could come as soon as this week....
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May 23, 2016
05/16
by
BLOOMBERG
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what does this mean for apple? >> the challenge you have got, that means, this year, let's slow our expectations even further. this is the kind of technology that people are going to be looking forward to. ed in their had o-l phones for four or five years already. what apple was very good at is taking existing technology and doing the best possible job. i was at a display conference this morning, and apple was the winner. apple will do a great job with this, but the question is if it can be different enough even in 2017. emily: talk to us about the real difference between oled and lcd. since i have been making phones with oled for a wild out. they started making oled tvs but they pulled back because it was difficult to manufacture. >> it is the implications that are important and interesting, namely that the screen is lower energy and thinner. that could potentially create more space for a battery from which less power is needed. is, my batterye dies inside a day. there are other things you might be able to do. per
what does this mean for apple? >> the challenge you have got, that means, this year, let's slow our expectations even further. this is the kind of technology that people are going to be looking forward to. ed in their had o-l phones for four or five years already. what apple was very good at is taking existing technology and doing the best possible job. i was at a display conference this morning, and apple was the winner. apple will do a great job with this, but the question is if it can...
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63
May 15, 2016
05/16
by
FBC
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. >> apple is finally investing the huge cash horde. i like it. i own it. up 20% end of the year. >> gary. >> >> last dud was the apple watch. >> pu. >> and the new america brand label is back on the internet because everyone knows it is now own by the belgians which is why -- >> john. >> last week was bourbon. this week a is beer. something you should tell us jonas? >>> all right. forget the republican establishment. it is donald trump's real problem with the media establishment? hi everyone. i'm neil cavuto. and now that he's the presumptive gop nominee, all of a sudden these are the trump stories we start seeing. the washington post front page expose on his playbook past. the new york "daily news," declareing him less popular than lies. than lies. and the lies we understood were upset. anyway charles is asking where is the same over the top type of stories on hillary clinton? bernie sanders? i'm not saying they are not out there but there are n
. >> apple is finally investing the huge cash horde. i like it. i own it. up 20% end of the year. >> gary. >> >> last dud was the apple watch. >> pu. >> and the new america brand label is back on the internet because everyone knows it is now own by the belgians which is why -- >> john. >> last week was bourbon. this week a is beer. something you should tell us jonas? >>> all right. forget the republican establishment. it is donald trump's...
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197
May 13, 2016
05/16
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KQED
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consumer staple, completely unrelated to the movement of apple and apple's own trends. >> the old cliche is let your winners run and cut your losses. but if you let your winners run and you can get above that 2%, 2.5% through a threshold that you talk about, how do you know when to sell on either side of the winners/losers? >> when you're looking at your sell discipline, you have to answer three questions. one, what's your price target? is the stock overvalued or fairly valued? the second question investors need to ask themselves is what is the original investment thesis you bought the stock for and is that now broken? did you buy apple today because you thought they were going to have iphone 7, 8, 9, 10, and constantly reinvent themse finat want -- going back to diversification 101, you don't want one stock in the portfolio thriving your overall returns. concentration risk is something investors need to be mindful of. >> john, good to see you again, very helpful, thank you. >> point view wealth management. >>> apple shares and technology weighed on the broader market as did ongoing conc
consumer staple, completely unrelated to the movement of apple and apple's own trends. >> the old cliche is let your winners run and cut your losses. but if you let your winners run and you can get above that 2%, 2.5% through a threshold that you talk about, how do you know when to sell on either side of the winners/losers? >> when you're looking at your sell discipline, you have to answer three questions. one, what's your price target? is the stock overvalued or fairly valued? the...
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May 1, 2016
05/16
by
CSPAN2
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there are some from the washington state apple commission last year at a promotional event event they fee equivalent of and within 72 hours there on the tables select other through doing through he is in through because this is the dream they want to have so that they can be the small merchants kind of allies in the u.s. or europe as well as in china and in that constituency the strength comes from representing the interests. i have a whole chapter on the province maybe some of us know the fixtures in this room have come from this trading place. 95% of the world's toothbrushess otoothbrushesor maybe there's a are made there so this crazy element of concentration in this province and what we are beginning to understand i if ths is how propelled the company is but we need to know what is the rise of the private sector what does this mean. this is different from the headlines particularly in washington, d.c. and tomorrow will be the state department and eisenhower to talk about the defense side of things but there is that scary part frankly. but there's also that kind of chinatown and i'
there are some from the washington state apple commission last year at a promotional event event they fee equivalent of and within 72 hours there on the tables select other through doing through he is in through because this is the dream they want to have so that they can be the small merchants kind of allies in the u.s. or europe as well as in china and in that constituency the strength comes from representing the interests. i have a whole chapter on the province maybe some of us know the...
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38
May 17, 2016
05/16
by
BLOOMBERG
tv
eye 38
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last quarter apple grew over 50%. apple can definitely grow in that area. other premium smartphone vendors are growing. they just need a wider range of products to do it. crawford, thank you so much, and david kirkpatrick, for speaking with me. trips,g of good well jack ma had lunch with president obama on tuesday. reporters spotted him on white house grounds and a spokesperson confirmed closed-door meeting. they had previously shared a stage last fall and discuss climate change and government support for entrepreneurs. the latest meeting comes just days before obama leaves for a trip to asia. coming up, my interview with microsoft chairman john thompson. his advice for marissa mayer. you don't want to miss it. ♪ emily: microsoft says it should .emain in the eu brits will vote on whether to stay or go. i spoke with microsoft chairman john thompson about the decision and ask how he thinks the ceo is doing given that thompson led the search committee that hired her. >> none of us could've possibly that theback in 2013 perception of our company would have ch
last quarter apple grew over 50%. apple can definitely grow in that area. other premium smartphone vendors are growing. they just need a wider range of products to do it. crawford, thank you so much, and david kirkpatrick, for speaking with me. trips,g of good well jack ma had lunch with president obama on tuesday. reporters spotted him on white house grounds and a spokesperson confirmed closed-door meeting. they had previously shared a stage last fall and discuss climate change and government...
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50
May 23, 2016
05/16
by
BLOOMBERG
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eye 50
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[laughter] david: what's going on with apple? julie: continuing their recent uptrend, berkshire hathaway giving them a boost. a taiwanese newspaper reporting that demand for the latest iphone could be higher than people have an pricing in. economic daily news reporting that apple asked suppliers to prepare production for 72 to 8 million iphone seven's for the end of the year. be the highest number of orders in years. some analysts were looking for something like 65 million. it appears to be giving the stock a boost today. suppliers as well are experiencing the halo effect. works, corvo,sky just a couple of examples. david: thank you so much, julie. first world news this afternoon? the investigation of hillary clinton's use of a private e-mail server while secretary of state is almost over. the investigation will likely conclude with the democratic presidential front-runner being interviewed. the race for the white house is shaping up to be a contest between the two most disliked decades -- nominees in decades. donald trump with a
[laughter] david: what's going on with apple? julie: continuing their recent uptrend, berkshire hathaway giving them a boost. a taiwanese newspaper reporting that demand for the latest iphone could be higher than people have an pricing in. economic daily news reporting that apple asked suppliers to prepare production for 72 to 8 million iphone seven's for the end of the year. be the highest number of orders in years. some analysts were looking for something like 65 million. it appears to be...
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316
May 4, 2016
05/16
by
WCAU
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eye 316
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start boldly with the apple that bites back. redd's wicked apple. also available in mango and black cherry. ♪ [ cheers and applause ] >> jimmy: welcome back, everybody. we are joined right now by a a big-time movie star. he leads an amazing cast in a a gigantic new movie called "captain america: civil war." it hits theaters this friday in imax and imax 3-d. i recommend imax 3-d, it is just killer. please welcome back to the show a hard-working man, here is chris evans, ladies and gentlemen. [ cheers and applause ] ♪ ♪ [ cheers and applause ] >> jimmy: chris evans right there. thank you for coming back to see us. you're a stud. >> thank you. [ cheers ] >> jimmy: oh, wow. all the men love you. all the men love you. [ light laughter ] >> it's the suit, it's the suit. >> jimmy: hoorah. [ laughter ] yeah, thank you for coming back to the show. last time you were here, you came with your brother. >> that's right. >> jimmy: and i challenged you with my sister to a game of flip cup. >> and you got embarrassed. [ light laughter ] >> jimmy: yeah, it did
start boldly with the apple that bites back. redd's wicked apple. also available in mango and black cherry. ♪ [ cheers and applause ] >> jimmy: welcome back, everybody. we are joined right now by a a big-time movie star. he leads an amazing cast in a a gigantic new movie called "captain america: civil war." it hits theaters this friday in imax and imax 3-d. i recommend imax 3-d, it is just killer. please welcome back to the show a hard-working man, here is chris evans, ladies...
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221
May 16, 2016
05/16
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CNBC
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it is the young whimmer snappers buying apple. pay no attention, sell apple! so goes the hated affair with apple from those who profess to love it. i admit it has been a total dog over the last year. down almost 40 points. i've been steadfast. maybe i just think. as long as both are true. i simply don't have the antipathy toward apple that others have. for example, one of my absolute, one of my absolute favorite animals. the dean of those following stock has had an outperform for apple for ages. nevertheless, both his comments on the conference call make you feel like he loathes the darn thing. the most faux buy recommendation i can ever recall. especially when you consider his apples are best days behind it comments in the new york times. after the recent quarter. recently after i had the apple ceo on this show, they were discussing the appearance and whether, what it means for the stock. his conclusion, these tv appearances don't matter. to quote, cook's television appearances have attempted to soothe the concerns and it has reacted positively to public appe
it is the young whimmer snappers buying apple. pay no attention, sell apple! so goes the hated affair with apple from those who profess to love it. i admit it has been a total dog over the last year. down almost 40 points. i've been steadfast. maybe i just think. as long as both are true. i simply don't have the antipathy toward apple that others have. for example, one of my absolute, one of my absolute favorite animals. the dean of those following stock has had an outperform for apple for...
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May 12, 2016
05/16
by
BLOOMBERG
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apple shares slip below $90 as -- with apple that' -- with al phabet at its heels. the winklevoss twins are back. first, our lead. facebook faces accusations that is human editors are more involved in choosing what you you might think. gizmodo sourced several anonymous contractors who accused the social network of censoring its trending topics by pushing certain stories and suppressing others like conservative stories. the chairman of the senate commerce committee sent a letter to mark zuckerberg saying "if facebook presents its trending topics section as a result of a neutral, objective algorithm but it is subjective and filters is a or suppress particular political viewpoints, facebook misleads the public." is reporting it obtained documents that shows facebook relies heavily on human input. in a statement, the company's vice president of global operations said "the trending topics are result of algorithms, not people. but there is a team of people who play an important role in making sure what appears in trending topics is high quality and useful." he went on to
apple shares slip below $90 as -- with apple that' -- with al phabet at its heels. the winklevoss twins are back. first, our lead. facebook faces accusations that is human editors are more involved in choosing what you you might think. gizmodo sourced several anonymous contractors who accused the social network of censoring its trending topics by pushing certain stories and suppressing others like conservative stories. the chairman of the senate commerce committee sent a letter to mark...
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40
May 24, 2016
05/16
by
KYW
tv
eye 40
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but they -- there are things apple has title doesn't and vice-versa. it was not working just this one but i like title the best. >> interesting i'm still on spotify only. so i am missing out on beyonce and rhianna. >> it was not worth it for me i need beyonce. >> i feel like i'm at the "the talk" right now listening to you ladies, we'll check in with you later. >> a waitress gets a againious tip it was the mess alleging on the check that touch her. >> becky fell son from new york got a 350% tip on this $22 bill along with a special note that reads life is short a friend of mine died please enjoy a night with someone you love. that's sad. this message brought her to tears. >> wow that's amazing. >> so nice somebody would do that you know when they're grieving i felt terrible that her friend it's wonderful to get a tip it's bet to have that person still alive. so it was bittersweet. >> becky says she'll use the tip in the spirit it was given a night out with her friend and boyfriend. >> oh,. >> good for her. >> well-being coming up after the break anothe
but they -- there are things apple has title doesn't and vice-versa. it was not working just this one but i like title the best. >> interesting i'm still on spotify only. so i am missing out on beyonce and rhianna. >> it was not worth it for me i need beyonce. >> i feel like i'm at the "the talk" right now listening to you ladies, we'll check in with you later. >> a waitress gets a againious tip it was the mess alleging on the check that touch her. >>...
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46
May 24, 2016
05/16
by
BLOOMBERG
tv
eye 46
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gainingar that apple is brand value in india. stores, 80 they would do even better than the increase in uber -- user base. my interpretation is the data is what it is. there is an upside the on that and that they not transpire. i think that's good relative to where expectations are. mark: what's the risk. i am looking at the anr function on bloomberg. bullish analyst is more than you. is $157.e target 84% of analyst have a buy recommendation on apple. what is the risk that you are too bullish? isal: mike price target based on eps estimates. that is a discount to where it has to be. the question becomes what is the catalyst to survive? to giveou've got year-over-year iphone use. we've been getting the deterioration of the stock price. i think that's going to push to $131. this year over year growth is going to be the same. we are on a sick of pitted upgrade. they have a stronger refresh cycle. i'm not sure why that is. result, we are to have the same growth system. you're going to get two years of adjustment. that's going to drive
gainingar that apple is brand value in india. stores, 80 they would do even better than the increase in uber -- user base. my interpretation is the data is what it is. there is an upside the on that and that they not transpire. i think that's good relative to where expectations are. mark: what's the risk. i am looking at the anr function on bloomberg. bullish analyst is more than you. is $157.e target 84% of analyst have a buy recommendation on apple. what is the risk that you are too bullish?...
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131
May 2, 2016
05/16
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KTVU
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eye 131
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. >>> apple has been hiring thousands outside of california. see where the type -- tech giant says it's proud to be expanding. >>> the statue being moved. those associated with the campus say it's long overdue. intromercedes-benz c-coupe, redesigned with its athletic prowess and sleek new body. it doesn't just raise the bar... ...it completely crushes it. the all-new c-class coupe. mercedes-benz. the best or nothing. >>> apple says it's proud of the thousands of people is hired in texas. this was in a report from the city of austin where apple got about $35 million in tax breaks from the city, county and state to expand operations there. they agreed to create more than 3600 new full-time jobs between 2012 and 2022 while keeping at least 3100 existing full-time jobs. apple forecast the jobs will eventually pay about $73,000 per year. if apple reaches its hiring goals again in 2022, it will become the second-largest technology employer in central texas behind only dell computer . >>> set to take up the question fracking tomorrow, commissioners wi
. >>> apple has been hiring thousands outside of california. see where the type -- tech giant says it's proud to be expanding. >>> the statue being moved. those associated with the campus say it's long overdue. intromercedes-benz c-coupe, redesigned with its athletic prowess and sleek new body. it doesn't just raise the bar... ...it completely crushes it. the all-new c-class coupe. mercedes-benz. the best or nothing. >>> apple says it's proud of the thousands of...
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May 18, 2016
05/16
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CNBC
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would add some compelling services is such as apple care and apple music and future apple television offering, and our analysis says that apple could come up with the compelling bundles between $100 and $200 per month per family which is a lot less than most families are paying for wireless service or paying for the cable television. so the notion is that to try to move away from the selling of point progress to subscription s service which is much more predictable in nature. >> steve weiss has something for you, toni. >> well, it is a great idea. the issue is with the companies he cited. they are more business subscription models, and you are talking about the consumer subscription model which would not replace some of what they have, so it would have to take the capital or the fees away from somebody else or add the costs which is significant. do you think that they would do it or might it not push others away from more a la carte to samsung phones or what have you? >> well, certainly, there is a risk both in terms of the consumer acceptance, and some carriers may not like it, beca
would add some compelling services is such as apple care and apple music and future apple television offering, and our analysis says that apple could come up with the compelling bundles between $100 and $200 per month per family which is a lot less than most families are paying for wireless service or paying for the cable television. so the notion is that to try to move away from the selling of point progress to subscription s service which is much more predictable in nature. >> steve...
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May 14, 2016
05/16
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KQEH
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apple has been under tremendous pressure from chinese regulators. the ibooks and itunes and movie store shut down in china last month. speaking of bbchu ching, a company valued at $25 billion, they've been lost in a very heated competition with uber but they are the dominant player here with 87% market share, 11 million riders a day. they've expanded their service as recently, not just to include private riding but also buses and chauffeurs that drive cars of these users. certainly investors have been speculating for some time that apple could be entering the car business. today's announcement that perhaps another hint of apple's larger strategy moving forward, tim cook has said he's more interested in the software aspect of it. finding ways to connect that smartphone with infotainment, in-car experience. there's speculation whether apple is building up their own driverless car. the timing of this is very interesting, considering that tim cook will be visiting china later this month. akiko fujita, shanghai. >>> hackers strike at the heart of the glo
apple has been under tremendous pressure from chinese regulators. the ibooks and itunes and movie store shut down in china last month. speaking of bbchu ching, a company valued at $25 billion, they've been lost in a very heated competition with uber but they are the dominant player here with 87% market share, 11 million riders a day. they've expanded their service as recently, not just to include private riding but also buses and chauffeurs that drive cars of these users. certainly investors...
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May 13, 2016
05/16
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BLOOMBERG
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apple is abide. -- is a by. gives andk rivkin investors take on today's mixed bag of global economic data. stay with us. ♪ caroline: live from london and new york, i'm caroline hyde. betty: i betty liu, you're watching "bloomberg markets." business the biggest stories in the news right now. u.s. authorities are ramping up their part of the gross investigation involving brazil's estate owned oil company. that's according to people familiar with the matter. the petrobras bribery probe has led to 150 arrests in brazil. the u.s. is looking into one of brazilianrporations, law doesn't allow criminal charges against companies. hsbc's hiring 175 people for the financial crime compliance team, they will focus on anti-money-laundering and sanctions compliance. that's according to people familiar with the plan. yuki lenders are required by law to isolate the consumer banking units from riskier trading businesses. that is your bloomberg business flash. global investors are sifting through all of this data that we've got
apple is abide. -- is a by. gives andk rivkin investors take on today's mixed bag of global economic data. stay with us. ♪ caroline: live from london and new york, i'm caroline hyde. betty: i betty liu, you're watching "bloomberg markets." business the biggest stories in the news right now. u.s. authorities are ramping up their part of the gross investigation involving brazil's estate owned oil company. that's according to people familiar with the matter. the petrobras bribery probe...
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May 17, 2016
05/16
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BLOOMBERG
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berkshire hathaway holds almost 10 million apple shares. the stock closed more than 3.5% higher, apple lost nearly 30% of its market value since the last summer. here is juliette monitoring the markets opening. are we seeing them join in the buying theme? juliette: certainly on the hang seng which was a pretty erroneous day when we saw the unexpected plunge. the hang seng is up for tens of 1%, pretty flat on the shanghai market. it did not react to the move we saw. singapore is looking pretty good. we saw electronic and nonoil exports for april fall, but higher by 6/10 of 1%. a little bit of a pickup on the philippines. korea's index is still flat although it has turned back into n fallack after the yua to a two month low against the dollar. some good news on the nikkei 225. we have a weaker yen ahead of the first quarter gdp numbers out of japan tomorrow. good news coming out of those as up 4.7% which is what we are seeing across the region. it is the story of oil and gas players leading the gains. rebounding crude holding a month -- holdi
berkshire hathaway holds almost 10 million apple shares. the stock closed more than 3.5% higher, apple lost nearly 30% of its market value since the last summer. here is juliette monitoring the markets opening. are we seeing them join in the buying theme? juliette: certainly on the hang seng which was a pretty erroneous day when we saw the unexpected plunge. the hang seng is up for tens of 1%, pretty flat on the shanghai market. it did not react to the move we saw. singapore is looking pretty...
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May 25, 2016
05/16
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BLOOMBERG
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apple must meet local sourcing rules. basically what the rules require apple to do is have 30% of local component. nejra: if it wants to open its own retail stores other than using franchisees. this is the finance minister ratifying a decision by the foreign promotion board. it could be overturned by the government that it could overturn apple's efforts to get into india. a billion devices were forecast to be sold next year. tim cook has just been to india. francine: bloomberg "surveillance" is up next. we will be talking about currencies and brexit. ♪ francine: fighting the fed. china may press the u.s. on the timing of a rate hike. no holiday for greek debt. payout as thets a imf concedes. it drops to 7% for the first time since november. and unicredit is replacing the ceo. that paves the way for a review of capital strategy. this is "bloomberg
apple must meet local sourcing rules. basically what the rules require apple to do is have 30% of local component. nejra: if it wants to open its own retail stores other than using franchisees. this is the finance minister ratifying a decision by the foreign promotion board. it could be overturned by the government that it could overturn apple's efforts to get into india. a billion devices were forecast to be sold next year. tim cook has just been to india. francine: bloomberg...
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May 23, 2016
05/16
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CNBC
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you won't get any confirmation out of apple. if you want to own the stock of apple, just trade it. i'll see you tomorrow. male announcer: america is struggling to shake off the recession. public distrust of wealthy ceos remains high. but more and more bosses are looking for radical ways to reconnect with their workforce in order to find out what's really going on in their companies. each week, we follow the boss of a major corporation going undercover in their own company. this week, the president and ceo of choice hotels, one of america's largest hotel chains, poses as a trainee competing for a job. - hi. i'm jack parker. announcer: the boss will trade in his luxury sedan and country club membership for a housekeeper's cart and a plunger.
you won't get any confirmation out of apple. if you want to own the stock of apple, just trade it. i'll see you tomorrow. male announcer: america is struggling to shake off the recession. public distrust of wealthy ceos remains high. but more and more bosses are looking for radical ways to reconnect with their workforce in order to find out what's really going on in their companies. each week, we follow the boss of a major corporation going undercover in their own company. this week, the...
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May 25, 2016
05/16
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WTXF
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the latest report says that young workers in the big apple make 20 percent less than prior generations. >> to live the lifestyle i would like to live it requires a bit more. >> what is scarier, millennial's actually will likely not reach the same level of salary as their predecessors. bill: that sounds like whining to me. >> clues are scattered all throughout runs. each time you find a clue another door opens. >> i did a couple different jobs. did that to get by. that is just how the system is. >> simply pointing out that there is a changea change in the economy is not whining. the facts are the facts. it is a fact of life right now. >> but you have to do something about it. >> they are. bill: you guys are missing the point. go back to the game. >> clues scattered all throughout the room. they have to go put this puzzle together. players have about an hour to get out. >> wait. wait. wait. we did it. >> that was pretty good. >> i hope every single one of your people have a different set of skills is everyone that i know has gone into them, they are not easy to get out of. >> pretty much
the latest report says that young workers in the big apple make 20 percent less than prior generations. >> to live the lifestyle i would like to live it requires a bit more. >> what is scarier, millennial's actually will likely not reach the same level of salary as their predecessors. bill: that sounds like whining to me. >> clues are scattered all throughout runs. each time you find a clue another door opens. >> i did a couple different jobs. did that to get by. that is...
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May 12, 2016
05/16
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CNBC
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people still believe in apple and what apple has lies in front of them. apple can go the way of somebody or some variation of that and echo system but facebook is dominates on so many different m metrics right there and dan would argue against it but given the reach it had and scope, the stocks, facebook to me is the most reasonable. >> i reason i ask that question is we're watching facebook and amazon and on a difficult day hanging around the 2050 level, facebook and amazon still manage to hit high levels. >> we have market leaders and ten large cap tech stocks driving so much performance over the last couple years and now we a couple. that's not great. when you see the breath, if you look at google hung in there but net flex is down 37% and apple is down 37% from the high. now you have these two left and i don't like the concentration of bullishness. the sentiment around the names. they do set up no differently than apple of net flex. >> so they are in for a big decline. >> they would be off. >> i don't know when from where. >> look, i'll not going to a
people still believe in apple and what apple has lies in front of them. apple can go the way of somebody or some variation of that and echo system but facebook is dominates on so many different m metrics right there and dan would argue against it but given the reach it had and scope, the stocks, facebook to me is the most reasonable. >> i reason i ask that question is we're watching facebook and amazon and on a difficult day hanging around the 2050 level, facebook and amazon still manage...
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May 18, 2016
05/16
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CNBC
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i've been saying this about apple's second largest apple stream for a while. maybe it is starting to resonate with analysts. the recipe for a trill dollar market cam. apple as a service people. the note from yesterday. is apple under investing a sumfully two pages? if you didn't know any better, you would think there are two tonies from two different firms. i think it is more like tony, the imaginary friend in the shining. finally, there are two techs that grew. they're trading higher tonight. cisco and sale force. it is a mixed bag. only the day two rallies in the winning stocks tend to have staying power. because as long as the money keeps pouring out, portfolio managers need it somewhere. when we see this kind of day two action. there are two types that can rally. the ones from the banks. and the ones like apple or amazon or sales force or cisco. their able to stay ahead of the anti-growth possie. everything else goes from not yet to just plain stay the heck away. brandon in virginia. brandon. >> caller: hey, jim, how are you? >> great, man, how are you? >>
i've been saying this about apple's second largest apple stream for a while. maybe it is starting to resonate with analysts. the recipe for a trill dollar market cam. apple as a service people. the note from yesterday. is apple under investing a sumfully two pages? if you didn't know any better, you would think there are two tonies from two different firms. i think it is more like tony, the imaginary friend in the shining. finally, there are two techs that grew. they're trading higher tonight....
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May 13, 2016
05/16
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CNBC
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apple is pretty much the apple of the chinese communist party eye. they off shored close to a million jobs to the southern part of china. this particular play here, i think it's a good short run for apple. they have long run risk. the short term move is apple is in the same situation that ibm was back in the '90s when ibm was building hardware kpu computersen that industry was getting commoditized. apple thinks the same thing. so what they're doing is trying to diversify into the sharing economy. >> go ahead. >> peter, china invest. corporation invested in didis there any political motivation on the part of apple doing this? they are now aligned in some ways with the chinese government. and i push back a little bit on the contention that china loves apple. there is a lot of concern that maybe the chinese government was trying to punish apple. maybe this move is in response to that. >> no, i think what happened was six months after apple came in with their i movies and itunes platform, chinese regulators shut them down. that's a move consistent with w
apple is pretty much the apple of the chinese communist party eye. they off shored close to a million jobs to the southern part of china. this particular play here, i think it's a good short run for apple. they have long run risk. the short term move is apple is in the same situation that ibm was back in the '90s when ibm was building hardware kpu computersen that industry was getting commoditized. apple thinks the same thing. so what they're doing is trying to diversify into the sharing...
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May 16, 2016
05/16
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BLOOMBERG
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we have talked about apple and it is on the list. it's gains are accelerating and it's now up about 3.5% on the berkshire hathaway news. general electric, home depot and exampleger is an of the energy lift along with higher oil prices. as for his individual percentage is thefreeport mac moran biggest individual gainer and the price target has been raised. the shares are getting a boost on that and gains in gold prices. talking about the more general lift we are seeing in stocks, in the midst of what is pretty negative sentiment, this is a chart shown earlier. this is the earnings yield for the s&p 500 versus the 10 year yield. the s&p 500 earnings yield is higher. down here you're looking at the spread between the two which was lower and now it has widened. in this search for yield in this environment, one of the beneficiaries has been the stock market. the yield in the bond market are moving higher today. we are seeing selling of treasuries and buying of stocks and the yield on the 10 year remaining quite low. there is a splintering
we have talked about apple and it is on the list. it's gains are accelerating and it's now up about 3.5% on the berkshire hathaway news. general electric, home depot and exampleger is an of the energy lift along with higher oil prices. as for his individual percentage is thefreeport mac moran biggest individual gainer and the price target has been raised. the shares are getting a boost on that and gains in gold prices. talking about the more general lift we are seeing in stocks, in the midst of...
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google or apple? apple is not innovating right now. google faces the same regulatory pressures and is constantly figuring out how to make a dollar out of a dime. david: how about facebook? >> i like facebook. i soured on them a few years ago. a lot of millennials have withdrawn from facebook, but our crowd here are in facebook. i think the need for connect amongst us old farts is growing. charlie: don't put me in that category. deirdre: we are going to take a quick break. we are talking tech with google, facebook and apple and whether they might be a good investment pick for you. if you need advice for your business, legalzoom has your back. our trusted network of attorneys has provided guidance to over 100,000 people just like you. visit legalzoom today. the legal help you can count on. legalzoom. legal help is here. (ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) take the roar out of snore. yet anot
google or apple? apple is not innovating right now. google faces the same regulatory pressures and is constantly figuring out how to make a dollar out of a dime. david: how about facebook? >> i like facebook. i soured on them a few years ago. a lot of millennials have withdrawn from facebook, but our crowd here are in facebook. i think the need for connect amongst us old farts is growing. charlie: don't put me in that category. deirdre: we are going to take a quick break. we are talking...
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May 17, 2016
05/16
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KYW
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. >> up next we have big news from the big apple. >> if you're going to do something big you're in the right place for it. >> garth brooks back in new york. how he is planning to top his historic concert. >> plus a rare oleson sighting. are they smiling? -p>> and bathing suit beauties. plus chrissy teigen on her baby weight battle. >> i was really going through weight battle. >> i was really going through those donuts. this price is so low. trying to make me eat my greens? no, just trying to save you some green. whaaat?! thousands of blue tags. thousands of low prices. my giant. dear fellow citizen, i know what it's like to have a big family - mine's still growing! my home equity line of credit helped me make room for everyone. call 1-855-422-4741 use it to renovate your home or just have it on hand for whenever you need it. if you have a question about a home equity line of credit, ask me. sincerely, karen peterson fellow homeowner and fellow citizen. call 1-855-422-4741 to apply now. fellow homeowner and fellow citizen. yeah. we love low prices. no bones about it. [ laughter ] thousa
. >> up next we have big news from the big apple. >> if you're going to do something big you're in the right place for it. >> garth brooks back in new york. how he is planning to top his historic concert. >> plus a rare oleson sighting. are they smiling? -p>> and bathing suit beauties. plus chrissy teigen on her baby weight battle. >> i was really going through weight battle. >> i was really going through those donuts. this price is so low. trying to...
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May 28, 2016
05/16
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FBC
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>> i had a really mind numbingly bad customer service at the apple store. i went home and did what we all do. i bitched about it on facebook. i thought i was funny. >> joe phrased it like i will walk into an apple star -- >> with an armed carbon semi-automatic weapon. >> pointing round after round into one of those smug fruity con seearnings. >> people were responding it was obviously from fight club. >> i thought i was lit aerary until 90 minutes later the s.w.a.t. team were there. everyone has their guns drawn. >> was that necessary? >> if they took 90 seconds to google me they would have seen i'm teaching a yoga class in an hour. i don't have a police record or violent history. >> his local paper suggested joe had been stupid. >> who doesn't vent on the internet. i never thought i could quote a movie, even a movie like "fight club" and bring an s.w.a.t. team to my house. if i didn't answer the door with a sense of humor, who knows what could have happened. >> new york city's police force would not talk to us about their raid. others like talking about wh
>> i had a really mind numbingly bad customer service at the apple store. i went home and did what we all do. i bitched about it on facebook. i thought i was funny. >> joe phrased it like i will walk into an apple star -- >> with an armed carbon semi-automatic weapon. >> pointing round after round into one of those smug fruity con seearnings. >> people were responding it was obviously from fight club. >> i thought i was lit aerary until 90 minutes later the...
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May 13, 2016
05/16
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CNBC
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apple takes on uber. the tech giant investing one billion dollars in chinese ride sharing service didi. and amazon has a huge anti-trust problem. and wait until you hear what he has to say about jeff bezos. friday may 13, 2016. "worldwide exchange" begins now. ♪ ♪ you ooh ooh ♪ >> good morning and welcome to "worldwide exchange" an cnbc. i'm sara eisen. >> i'm wilfred frost. friday the 13th. that a thing out here as well. >> happy friday, yes. >> ooh ooh ooh what's going the happen to markets? >> the markets are down. that friday the 13th spook. yesterday we were mixed. saw the s&p slightly positive. the nasdaq slightly down and the dow was flat. looking at pretty much mixed flat performance for the week as a whole. which given the extreme negativity we've seen in the retail is not too bad. we are called lower by about .4% which equates to 80 points for the dow. the u.s. 10 year. 1.724% rite naught. >> global market picture. europe, strong gdp numbers. double what analysts were expecting in terms of
apple takes on uber. the tech giant investing one billion dollars in chinese ride sharing service didi. and amazon has a huge anti-trust problem. and wait until you hear what he has to say about jeff bezos. friday may 13, 2016. "worldwide exchange" begins now. ♪ ♪ you ooh ooh ♪ >> good morning and welcome to "worldwide exchange" an cnbc. i'm sara eisen. >> i'm wilfred frost. friday the 13th. that a thing out here as well. >> happy friday, yes....
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May 13, 2016
05/16
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WRC
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start boldly with the apple that bites back. redd's wicked apple. also available in mango and black cherry. we asked real people to use on their bums. why do you think the ripples make a difference? it gets it all clean. they give me a very happy feeling bum. cleanripple texture is designed to clean better. go cottonelle, go commando. wireless world today could use a smile?ke the at cricket wireless, we think so. that's why, prices for plans are all in, taxes and fees included. and we've got more 4g lte coverage that's a whote lotta network for not a lot a dough. it's what makes cricket the happiest place in the whole wireless world. man, it's like pure power at your finger tips. like the power to earn allstate reward points, every time i drive. ...want my number? and cash back for driving safe. and the power to automatically find your car... i see you car! and i got the power to know who's coming and when if i break down. ...you must be gerry. hey... in means getting more from your car insurance with the all-powerful drivewise app. it's good to
start boldly with the apple that bites back. redd's wicked apple. also available in mango and black cherry. we asked real people to use on their bums. why do you think the ripples make a difference? it gets it all clean. they give me a very happy feeling bum. cleanripple texture is designed to clean better. go cottonelle, go commando. wireless world today could use a smile?ke the at cricket wireless, we think so. that's why, prices for plans are all in, taxes and fees included. and we've got...
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May 17, 2016
05/16
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BLOOMBERG
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apple shares popped on news of buffett's buy, but the road ahead for apple isn't shiny. carl icahn just disclosed he no longer has a stake in the company. joining us to discuss, shira ovide from new york as well as reporter noah bureau how. i will start with you. what buffett has said is one of his two investment managers made this investment and didn't consult him on it. what do you read into this big bet on apple? noah: there is nothing nefarious going on. buffett has two deputy investment managers. he in trusts of them with $9 billion each of berkshire's capital that they go out and get to invest in a way they see fit. what we have seen is one of these guys, they happen to be younger than buffett who is 85 -- of these deputies is in his 40's, another in his 50's -- one of those guys liked what he saw and put $1 billion to work for apple in the first quarter. i spoke with a lot of investors today, and some of the themes they were hitting on is that apple has a ton of cash. it was trading at a pretty low multiple, and so investors that like good value, maybe there was s
apple shares popped on news of buffett's buy, but the road ahead for apple isn't shiny. carl icahn just disclosed he no longer has a stake in the company. joining us to discuss, shira ovide from new york as well as reporter noah bureau how. i will start with you. what buffett has said is one of his two investment managers made this investment and didn't consult him on it. what do you read into this big bet on apple? noah: there is nothing nefarious going on. buffett has two deputy investment...
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May 24, 2016
05/16
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BLOOMBERG
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don't think apple qualifies. overturn it but if not, apple may need to find another way to crack the market. turning now to vietnam and president obama's historic tour. dave mcclure is still with us. they set up a fund to invest in local the enemies companies. what do you make of the president visit and highlighting entrepreneurship? guest: vietnam is a growing country and it's great to see president obama visiting countries where there is strong u.s. ties and helping to promote a culture of innovation. you have some experience with the vietnamese market. what would you highlight? david: i haven't been there, so it doesn't constitute my experience but we have a writer who has written a lot about it. there's a tremendous interest in health tech startups and just like almost every other country in the world, young people are aware of this entrepreneurial upsurge and a potential of getting rich and they all worship mark zuckerberg. a growing community in vietnam that would like to have an impact by starting companie
don't think apple qualifies. overturn it but if not, apple may need to find another way to crack the market. turning now to vietnam and president obama's historic tour. dave mcclure is still with us. they set up a fund to invest in local the enemies companies. what do you make of the president visit and highlighting entrepreneurship? guest: vietnam is a growing country and it's great to see president obama visiting countries where there is strong u.s. ties and helping to promote a culture of...
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May 3, 2016
05/16
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BLOOMBERG
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dre, they are just a force to be reckoned with at apple. i think they have attracted a lot of talent that apple normally wouldn't have been able to attract. judging from that level, i think they have been a great success. also, i think they have been fantastic about educating consumers on streaming. the moment that apple putheir stake in the sand, we saw spotify grow, as well. i think it's one of those things where we are seeing everybody benefit from apple's ability to educate consumers. judging by that, i would say, so far, it's been successful. emily: season two of your accelerator program. you are just opening up for applications. how would you compare adam factory in the crowded landscape of start up accelerator's? emily: i don't know if it is too crowded. you have a lot of entrepreneurs starting companies. i think the accelerator programs are fantastic, just to be able to give them that support that they need. whether it's funding, mentor ship, access to networks, i do think there's a lot of value in these accelerator programs. emily:
dre, they are just a force to be reckoned with at apple. i think they have attracted a lot of talent that apple normally wouldn't have been able to attract. judging from that level, i think they have been a great success. also, i think they have been fantastic about educating consumers on streaming. the moment that apple putheir stake in the sand, we saw spotify grow, as well. i think it's one of those things where we are seeing everybody benefit from apple's ability to educate consumers....
399
399
May 9, 2016
05/16
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CNBC
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apple, fbi, or -- >> i think everybody gets your point on that. check out apple. after closing friday at the lowest level since june of 2014, apple is close to 14% down in the past month. farhad, saying they need to try more moonshots. the slow search for precision and perfection may no longer be in apple's best interest. did this get anywhere zooing in the company? >> i don't know if it got anywhere in the company. i think what they need to do now, it is a slow process of changing culture slightly. i don't think they need to do anything radical but i think they should be faster in terms of getting new stuff out there. and they should be a little more experimental. we know they're working on moonshots in secret, building a car somewhere. they're working on some tv service that if it works could be a huge change. but they have been slow on some basic things that could change how we use our phones. it is crazy siri doesn't work better than it does already. the stuff they put out, if it is not great at the start, they take a long time to fix it. i think they should b
apple, fbi, or -- >> i think everybody gets your point on that. check out apple. after closing friday at the lowest level since june of 2014, apple is close to 14% down in the past month. farhad, saying they need to try more moonshots. the slow search for precision and perfection may no longer be in apple's best interest. did this get anywhere zooing in the company? >> i don't know if it got anywhere in the company. i think what they need to do now, it is a slow process of changing...