"the end is nigh." the latest on yahoo!, coming up. ♪ watching,tory we're days after tim cook made his his first trip to india to push launch ofcompanies retail stores there. apple may have hit its first setback. we have a look at apple's plan and why the indian government may not go for it. >> apple ceo tim cook is just back from india. he met the prime minister and opened a new office in bangalore. apple's plan to open local retail stores could help the iphone maker boost sales in this potentially massive and fast growing market. morgan stanley forecasts that by 2018, india will account for 11% of all smartphone shipments, and the market to grow five times faster than china. right now, india accounts for just 2% of iphone shipments. local iphone sales surged in the march quarter. cook himself has said india is like china was a decade ago, but there are already signs his trip a not have paid off. here is the rub. india has strict rules for foreign companies wanting to do business there. companies have to comply with a rule that says 30% of the components of its devices must be sourced

nominee for the republican party echo which way will silicon valley's conservative lean? tim higgins joins me to talk about it in my guest host, david kirkpatrick, still with me. we know peter thiel is officially a delegate for donald trump, but i know that has surprised a lot of people. ago, as we watched results come in out of indiana and ted cruz dropped out, making donald trump the presumptive nominee, we are looking to twitter and seeing that mark andreessen tweeting out that he will essentially support hillary , a real indication that political partisanship in the valley is not as strong as it is elsewhere in the country. here is a guy who donated to a super pac supporting mitt romney four years ago and now tweeting out his support for hillary clinton. emily: it was not that direct. #imwithher. that's it. these are very rational people who think of themselves as engineering-oriented, very, very evidence-based, and they do not really go for partisanship, generally. peter thiel is libertarian. i don't think he is necessarily hard-core republican, but it is hard for thinking, rati

. emily: tim cook said he's more opened acquisitions and beats was the biggest one-day ever made a $3 billion. do you see apple attempting to do this again? repeatedlytimated it was the biggest deal. the whole java speaks to the extent in which apple is able to integrate different cultures. it has a very specific culture of the company. they are not terribly adept at bringing in big acquisitions and doing it well. emily: i want to talk about ubs analysts putting out apple's future and the release of the iphone seven. he says there is hope for the latest iphone cycle after disappointing sales of the iphone 6s. alix steel and scarlet fu caught up with melinda this -- him and find out how much we can ask for from the apple upgrade cycle. >> investors are questioning whether apple has reached a new level of maturity. in the last 6-12 months we've seen disappointment in terms of upgrades. our survey of consumers in five countries suggests the iphone 7 in september is likely to see of great demand better than the 6 the -- better is than the 6s but not the 6. the days of 20%-30% growth have

to find out who is having the best day ever, and today's winner is apple ceo tim cook. he is getting the rockstar treatment on his first trip to india. he has been spotted by everyone from hollywood film stars. and he hopes the publicity turns into sales. india is mostly untapped territory for apple. the apple ceo wants to lower the price of iphones in india, and sell preowned devices that are refurbished. that does it for this edition of bloomberg west. monday, i will be joined by a thrillist ceo. that does it for us. our wonderful weekend, everybody. see you next week. ♪ . . announcer: the following is a paid advertisement for time life's music collection. ♪ these are songs that can relax and soothe you. >>♪ somewhere, my love there will be songs to sing ♪ announcer: songs that make you feel good. >>♪ you are just too good to be true. can't take my eyes off you ♪

. i think there is a lot of concern about tim cook's behavior, when he e-mailed a rival network, to announce china sales are strong. move, andery unusual they got attention because it was a bold statement. and the other ceo what it seems like stock promotion. saying, we are doing a lot of success in china. with earnings out, it seems like china is quite weak for them. arguably, one of the most important or most important market in terms of where recent growth has come from. being askedestions on wall street about the credibility of management. and that is a new narrative for apple. but there was an interesting note yesterday, summing up the bear season in the bowl season, as well. it talked about we are near a trough. that is the hope of the bulls, but certainly, there are new concerns on wall street about the management of this company. it is a message i think we have not really heard until the recent quarter. that is resonating drought the market, as you can see with the share investors. our editor at large, cory johnson, thank you for breaking it down. another stock we are watchi

met tim cook only about a month ago. and it could be a public show of goodwill to the chinese government. we will discuss what edge this didi in its battle with uber. brian white defended his buy rating on apple on "surveillance" this morning. guest: it allows apple pay to spread through china. it builds up goodwill with the chinese government and it's an interesting area and there's a on of discussion of apple this course. brad: joining us, an early investor in didi and bloomberg reporter alex webb, who covers apple. this is an unusual deal for apple. what did they do it? in china, apple has lagged behind the public support and building that the chinese government expects that companies from outside coming in should be a part of. achieving this is a positive for apple. it's very, very visionary. are: some people interpreting this as a show of goodwill. why does apple need to show goodwill toward the chinese government? it's a very big market. kong,iwanese, hong earlier -- now with the americans and europeans, this is a strategy the chinese government has adopted. doing poorly

clinton. here to break down the tech vote, tim higgins. david, first to you. i want to boil this down. trump's immigration policy. david: it's one of semi-things that have pissed off silicon valley. he spoke specifically against amazon, apple, facebook. he is considered an anti-tech person by the head of the consumer electronics association, gary shapiro. this is a guy who is fundamentally irrational on many of his views, especially about oddly, business, since he is a business guy. ramy: what are you hearing on the ground as far as the politics side of things, in terms of the san francisco, santa clara voting party? 10:18 months ago, they thought maybe -- tim: 18 months ago, they thought maybe this was the cycle where they could crack in with enough money. there was some hope that candidates like jeb bush or marco rubio would really connect with the upcoming leaders. but comments by trump, especially around building a wall, other issues regarding global trade, really have not been playing well within the valley and the tech community. keith, you have taken a stance on twitter al

: tim cook is in india this week. could india be a replacement market for china? john: no. it can certainly be a supplemental market because it is one of the few growing economies in the world, you cannot replace something with 1.6 billion people big, growing but gdpown from 11%, growth is still more than three times the u.s. you cannot replace china. you can augment china, but you cannot replace it. you were ceo of symantec for many years. they are going through another ceo transition. what do you think about what's going on there? john: it is a huge personal disappointment. i spent 10 years there and i thought we were on a very good path. obviously, we were not. i think it is time for not just the team of the company, but the board of the company to do self reflection on, have we made the right calls? if we made the wrong calls on people, have we made the right calls on ourselves? i think it is time for a lot more self reflection, but i do not know. i'm not involved in the company. emily: we are seeing yahoo! go through another existential crisis. what would he say to marissa ma

something that would intrigue him. emily: noah, buffett did help burger king takeover tim hortons. he put $5 billion into goldman sachs. does yahoo! make sense in the context of those investments? noah:noah: sure. the way to look at this is it's a financing arrangement. berkshire has a huge balance sheet, and buffett brings his reputation to the table. it lens instant credibility to anyone who is trying to buy another company. because of that, he is usually able to get incredible terms, and it's a way for him to put some of berkshires money to work for not so long and for some money. emily: as you said, he is lending his name to this potential deal, and you have not been optimistic about the future of yahoo! if you think about it as a media company as opposed to technology company, may be buffett has more experience making media bets -- maybe buffett has mark's parents making media bets, but he seems to think there is some hope here. shira: as no less said, i think this is more about backing dan gilbert then it is making an investment that on yahoo! buffett doesn't make bad deals

: arthur brooks, thank you for joining us. ethan kurzweil, you are sticking with me. tim cook's in awe ural visit to india. visitected -- inaugural to india. announced thepple visit will create 4000 jobs. they are looking at setting up a development center in bangalore. local news outlets are reporting that he will meet with prime minister modi later on. coming up, we speak with the former director of the nsa and tackle the next frontier of encryption and security. ♪ emily: damage control continues at theranos. the embattled startup says it has sent tens of thousands of corrected on test revolts -- blood tests results. patients may have been given an dented number of in accurately. the elizabeth holmes-led company's readings were once touted as revolutionary. machines came under the microscope after reports by the wall street journal. the fbi apple battle may be over, but the encryption wars have just begun. a bill lies in wait in the nation's capital with tensions between the government and silicon valley at an all-time high. our next guest is a former director of the cia and ns

what tim cook said over the call. emily: there was a question about china where they were seeing weakness. >> china is not week as has been talked about. i see china that may not have the wind at our backs that we once did but it's a lot more stable than what i think is the common view of it. we remain really optimistic on china. emily: we have been talking about growth in the services business but in china, they recently said no i-movies. you think that is a big deal? >> one of the mistakes we all make as investors is we focus too much on unit shipments and not enough on installed base. it's interesting to think about one billion iphone users out there and the power that has for apple in terms of an ongoing ecosystem. it's also important to say investors are getting dramatic because they are worried about the stock of apple. if you think about the company and its importance in the technology ecosystem, disease results don't change that at all. this company is still hugely important for which apps do build, how you reach customers, how you engage customers and the whole mobile ea

find out who is having the best day ever, and today's winner is apple ceo can cook. -- tim cook. he is getting the rockstar treatment on his first trip to india. followed by reporters and photographers everywhere, and hopes the publicity turns into sales. india is mostly untapped territory for apple. the apple ceo wants to lower the price of iphones in india, and sell preowned devices that are refurbished. that does it for this edition of bloomberg west. monday i will be joined by a new guest. have a wonderful weekend. see you next week. ♪ ♪ announcer: from our studios in new york city, this is "charlie rose." we are going to want to have the four corners of the airplane, so to speak, the wings him of the nose, the tale, and look at the evidence, and that will help them understand the sequence of events and also we are seeing the flight originated, if it was a failure, or an explosion. they can get that information from the physical evidence. charlie: also this evening, john dickerson on the political race in america. john dickerson: republicans do not want

. thank you for joining us. >> thank you, emily. >> another story is apple ceo tim coke's trip to india. apple says the venture will create about 4000 jobs. started to already set up an app development center in bangalore. this is not been made available. he will meet with the prime minister later on. coming up, we speak with the former director of the cia and nsa. ♪ ♪ >> damage control continues. it voided two years of data from its devices. it could have led to unnecessarily dangerous treatments. the elizabeth holmes led company was once considered revolutionary. the accuracy of the machines came under the microscope. apple battle may be over but the encryption wars have just begun. it lies in wait in the nation's capital. tensions remain at an all-time high. our next guest is a former director of both the cia and nsa. he backed apple at the height. he joins us now from standard university. general hayden, thank you so much for joining us. encryption,e of even that you cited with apple. you have him saying that encryption is seriously impacting national security and hurting

. bernie giving no indication he is going to slow down. tim higgins in washington. david kirkpatrick, thank you for joining me. it is so great to see you. out who isto find having the best day ever. today's winner is charter communications. charter won regulatory approval to buy time warner cable and become the second-largest u.s. cable provider. shares of both companies were given a boost after california authorities gave it the green light. the deal will give charter new subscribers in cities like new york, los angeles, and dallas. and that does it for this edition of "bloomberg west." -- that iso not miss all for now from new york. ♪ >> it is noon here in hong kong. app hasese ride sharing received $1 billion strategic investment from apple. with 11 million rides a day. alibaba has also invested in didi. nissan is showing strongly in tokyo after confirming a control over mr mitsubishi. they say they are the right partner and i hope to continue working together. they say there are risks and opportunities. another annualos

took another dive. but first, to the lead. apple ceo tim cook set his sights on the massive market potential of india. he kicks off his first visit to the country wednesday. besides and unconfirmed meeting with the prime minister, he's pushing for opening of his first retail store in the nation and announced an accelerator program for ios developers in bangalore. so why now? india is a market too good to ignore. mobile sales declining over a decade but indian shipment rose 66%. it's described as where china was 10 years ago, saying there is great opportunity there. the opportunity could come in potential that's up for grabs. kirkpatrick, david and crawford come you guys have been doing a lot of work on the potential of the indian market. how big could this market the for apple? >> it could be very large for apple. when you look at the largest market in india in the last quarter alone, with over 560 million shipments, and apple, like old lot of other markets, was focused on the premium end of the market. they ship 90% of their units at $525.points over they need to go down market to

hidden before and it's no longer hidden. cory: let's look at what tim cook said over the call. emily: there was a question about china where they were seeing weakness. take a listen to what he had to say today. tim cook: china is not week as has been talked about. i see china as -- may not have the wind at our backs that we once did but it's a lot more stable than what i think is the common view of it. and so, we remain really optimistic on china. emily: frank, i want to talk about this with you because we have been talking about growth in the services business but in china, they recently said no i-movies. nope, can't play those here. you think that is actually a bigger deal than others have said. frank: one of the mistakes we all make as investors is we focus too much on unit shipments and not enough on installed base. so i think it's interesting to think about one billion iphone users out there and the power that has for apple in terms of an ongoing ecosystem. it's also important to say investors are getting dramatic because they are worried about the stock of apple. but if