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tv   Bloomberg Technology  Bloomberg  June 13, 2017 11:00pm-12:01am EDT

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>> i am alisa parenti from washington, you're watching "bloomberg technology." attorney general jeff sessions testified before the senate today about his role in the firing of james comey and any potential collision between russia and the trump campaign. sessions, who asked for a public hearing, denied he had any additional meetings with that russian ambassador to the united states. not have any recollection of meeting or talking to the russian ambassador or any other russian officials. if any brief interaction occurred in passing with the russian ambassador during that reception, i did not remember. also called it a
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detestable and appalling lie, to suggest he participated in or was aware of any collusion. meantime, russia's cyber attack on the u.s. electoral system was far more widespread than publicly revealed. according to people with direct knowledge of the investigation, russian hackers hit the road at databases and a total of 39 states, twice as many as previously reported. congressional sources say president trump told republican senators the house health care bill is mean, and the senate version to be more -- should be more generous. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am alisa parenti. this is bloomberg. "bloomberg technology is next. ♪
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emily: i am emily chang. this is "bloomberg technology." anloomberg's group, indefinite timeout. why the ceo says he needs a break from the company he cofounded and what it means for cooper, i had. plus, tim cook opens up about thee's car ambitions for first time. our exclusive conversation about the company's focus on self driving technology. sessions in the spotlight. the u.s. attorney general testimony about russia and the ,ebuttal of former fbi director james comey. uber founder and ceo, travis kalanick, is taking a leave of absence without disclosing a return date. at the company will be ran by a committee while they navigate a wave of scandals. they will try to diminish travis otherck's role by giving responsibilities to achieve operating officer, a position for which uber has been actively
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recruiting but has yet to fulfill. -- memo,wrote a member , i cooper 2.0 -- uber 2.0 also need to work on travis 2.0 to become the leader this company needs. a former head of communications , and also eric newcomer, who broke this story. eric, i will start with you. this story has climaxed in the last one he four hours. recap how we have gotten here. the software engineer at uber who wrote a blog post in january detailing sexual-harassment allegations and suggests a general culture of dysfunction at uber. that launched eric holder's investigation and a public report of the conclusions today. past sunday, a more private
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and exhaustive the version of the company's order directors. now, travis is stepping aside at the same time. by the, taking it back results of the report. emily: more than 20 employees have been fired as a result of this investigation. travis kalanick now taking an indefinite leave of action. what is your reaction to this news, having worked there and knowing travis firsthand? >> today is bittersweet for a lot of employees. it is a great day, overall. emily: why? >> there are a lot of things coming in the future, we have a narrative vortex around the company. we want that to diminish. we want positive news to start coming out. we are looking toward and ipo. i do not think we can get there until we start course correcting and that has to happen now. the flipside, travis is wonderful. there are people who really believe in them, most of the company does.
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he founded the company, so it is sad for him to be leaving. see early warning signs about the company culture and challenges that might lie ahead? whether any attempts to course correct years ago? lane: the company has been growing dramatically over the past couple years. there's been a lot of course correction. over 14,000 employees, half showing in the past two years. it is hard to say there is a past -- bad culture with 2000 employees that were not there at the founding. there been a lot of changes. most of what we are seeing now happened a long time ago. talk to us about this leave of absence. is traffic coming -- travis coming back, and when? eric: at first we heard it would be three months, now we hear it is indefinite. we do not understand how the management committee will run when they have to decide how much to invest on autonomous cars. who makes that decision? some of it will go to the board.
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but a lot of them are waiting for the chief operating officer, who has become a mystical figure. however that person is, they need them to make key decisions. it is a holding pattern until they can find that person. emily: you think travis leaving is the right call? lane: for right now. we cannot underestimate how tragic the past few weeks have been for travis. one of the worst things we can imagine happening in his life, he needs to take time. he needs sister the ship. one choice needs to be made over the other. prioritizing family, we cannot fault them for that. emily: his mother was killed in a tragic boating accident. it is been a difficult search, you have to find someone willing to take the job, someone travis excepts. who do you think this mythical person is? the reality, uber is not a startup anymore.
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it is a multi-natural corporation. we need to look to fortune 500 companies for leadership. that is who will we see -- who we will see. any reporting on who they are talking to? lane: we heard may be the old ceo of disney. that is more reflective of the category a person than a likely candidate. there have not been a lot of leaks about it. in a leaky organization they have been able to keep the search quiet. what does that say about things to come? there is an expectation that hopefully this will come relatively soon. there is not much i can they. we are all waiting to see. emily: the executive bench is not very deep, is part of the program -- problem. >> they need a general counsel. you see theo organization running by committee without people in
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these key roles? lane: it is important to look as -- at uber as a multinational corporation. who is managing these 14,000 people? there are a bunch of department heads doing an excellent job running the business. it will continue doing what they do, day in and day out. it is important to look at other companies like uber. at google, we have two amazing founders who change their world dramatically but are still involved. emily: eric, i am waiting for your next scoop. what will the story be tomorrow? eric: we are trying to figure out what is happening with the management committee. if i can get enough answers, my editors are counting on something. emily: eric newcomer, thank you so much. lane kasselman, thank you as well for your insight. in a deal news, verizon has completed the $4.5 billion
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, they gain new users through the unit. house yahoo! sports and finance and aol, techcrunch, and the washington post. marissa mayer's is stepping down. it'll be led by former aol ceo, armstrong. tim cook will discuss plans for self driving technology. publicly, for the first time. this is bloomberg. ♪
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emily: after years of speculation, apple is listing the veil on its car ambitions, focusing on technology that makes autonomous driving
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possible. for the first time ever, apple ceo tim cook opens up about the push in an exclusive interview. he also talks about his outlook on china. china, for us -- we make our decisions for the long-term. we are not investing for next quarter or next year. we are thinking about many, many years out. as i stand back and look at china, i see mega trends of their that make china an incredible market. i do not mean just the market to sell in. i also mean a market for application developers. we have a million and a half application developers and china now. probably closer to 2 million now. it is an incredible marketplace for talent and the size of the market place. -- marketplace. economic-term kinds of
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moves up and down, i do not get excited about. how realistic is it to expect double-digit growth for apple to continue in china? im: i did say last quarter think we would do better this quarter than we had the last several. -- it will bemean better in a year over year comp from a previous one. i feel good about that. iphone 7 is the third most popular cell phone in china. last year, size of our business was almost 50 billion in greater china. i will stick at it because think china is a huge opportunity overtime. emily: how would you characterize tim cook's apple over steve jobs' apple? will always bea
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the dna of apple. certainly as long as i am ceo, or anyone is, honestly. it is deeply embedded in the company. there is clearly some things, but that is a better question to ask somebody that worked for both of us. you said cars aren't area right for disruption. how important is it that apple not miss out on cars? tim: i think there is a major disruption looming there. cars,ly for self driving but the electrification. if you have german and all electric car, it is a marvelous experience. is a marvelous experience not to stop at the filling station or gas station.
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plus, you have ridesharing on top of this. three vectors of change happening generally in the same timeframe. as we look at this, what we're focusing on, what we talked about focusing on, is autonomous systems. purpose ofe autonomous systems is self driving cars. there are others. we see it as the mother of all ai projects. it is probably one of the most difficult ai projects. autonomy is something that is incredibly exciting for us. we will see where it takes us. we are not saying from a product point of view what we will do. but we are being straightforward that it is a core technology
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that we view is very important. working across so many different platforms, whether it is tv, the watch, the mac, the phone. what you see now is your vision for the future of personal computing, across all of these platforms? all built on the same core technology. but we thought through how they are used and the experience needed to get the best experience for the user in each of the cases. out of that came ios and macos. we think that when you begin to merge, the risk is the lowest common denominator kind of approach, and we are staying away from that. i know others that have a different view, but that is our view, and we are straightforward with it. and so with tv, we wanted to get
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an update that amazon was joining the tv app and apple tv later in the year. we will have more to say on what we are doing in that area later. i will keep you in suspense a while there. emily: a cliffhanger there from apple ceo tim cook in our exclusive conversation. for more, we are joined by our bloomberg tech reporter, alex webb, joins us now from washington. we will get the tv, but let's start with cars. this is the first time that tim cook has personally lifted the veil on the apple car ambitions. what was the most illuminating thing to you that he had to say? alex: i think it was interesting that he spoke at such length about electric vehicles. we wrote about this and them paring back their ambitions last year, to focus on that core technology. but the fact that he spoke so bullishly about electric vehicles and the experience that
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gave customers and apple , constantly harps on the customer experience with their products -- the fact that he spoke about that hints that what may be resurrected down the line if they manage the economist -- autonomous piece. emily: given the autonomous piece, he said autonomy can be applied to a lot of things, but especially to cars. do we have any new clues about what apple is actually working on? alex: well, we know from our conversations over the past year or so with any number of people in this space that apple tried very hard to sell its autonomous platform, it's car platform, to carmakers. now, what they are doing, in terms of what he said, being quite coy about what they are going to do with products down the line, i don't think we know -- i don't think they know yet. they are trying to nail this autonomous piece and that will allow them to make a decision, whether they acquire a carmaker, partner with a carmaker, or
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design their own car that is subsequently manufactured by a contract manufacturer, like a canadian company who can go out and build the car. much in the way that foxconn does with iphones. emily: we do know that apple has been testing self-driving cars on the road, correct? bloomberg has obtained pictures of the testing, and apple does have a public permit with the dmv to do so. correct? fact, we have in heard from our sources and written about this, they got the permit only recently, but they have been surreptitiously testing things for a little while now, over a year. they have half a dozen cars on the road. compare that to the likes of google, where scores of cars racking up miles, which allows them to teach the machine learning algorithms how to drive without a human holding the wheel. emily: last question on tv. we know he gave us that big
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cliffhanger on tv. they will be talking more about tv this year. bloomberg has reported that they could potentially unveil a new apple tv set-top box this year. do you think that is what he is referring to? alex: i think that seems like a good possibility. it might contain 4k, very high definition, and we reported that just before christmas they were , in talks with film studios about being able to release films a little closer to their cinematic release date, and to do that, one expects them to have really high definition pictures in order to be able to appeal to people who are going to not bother watching a film in the cinema, but instead watch it at home on their massive, super high definition television. emily: alex webb in d.c., our bloomberg tech reporter who covers apple. we will have more of our exclusive interview with apple ceo tim cook airing throughout. coming up, the role of tech in combating terror. a new pact between the u.k. in france. this is bloomberg. ♪ emily: french president
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emmanuel macron welcomed u.k. prime minister theresa may to the elysee palace for her first meeting with a foreign leader since the u.k. election. a main topic of discussion, combating terror. prime minister may: we are launching a joint u.k.-french campaign to ensure that the internet cannot be used as a safe space for terrorists and criminals, and it cannot be used to host radicalizing materials that lead to so much harm. emily: tackling extremism has become a major priority for both governments. britain's election campaign was interrupted by deadly attacks in two manchester and london. nice ind in paris and 2015 and 2016. joining us now with caroline hyde. what are they pushing for, and how are they enacting it? caroline: it seems to be a new legal liability, emily. this is ripping a page from what
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the german government is discussing. this is making fines even on the agenda. they will say look if the tech , giants don't quickly enough take down any sort of terrorist-related content, any hate speech, illegal content, they will potentially be deemed illegally acting and also fined. this is something that has been talked about by the party home affairs select committee here in the u.k. this is something that the german government had been discussing, up to 50 million euros in fines is a germany has been thinking about. no wonder we are starting to see the leaders in the u.k. and france say the same. emily: some tech giants have responded, including facebook. ? what do they have to say? caroline: this is something they have been embracing themselves for since london, the manchester tragic attack. theresa may has been speaking against the so-called safe space for terrorists on social media. google has come forward saying they have invested heavily,
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to fight the abuse on its platforms. facebook and twitter have highlighted the lengths they have gone to to these tech related solutions and also human-related solutions. the vp for pmea for facebook was at a conference talking against terrorism, saying, we want to be a hostile environment for terrorists, there is no place for content on our site. the european commission just this month came out and said they are doing pretty well, that the companies have made significant progress in taking this sort of content off-line. but when you have got hundreds of millions of pieces of content, how quickly are you able to do this? this is clearly something they will have to fight, and perhaps like fake news, have to realize their responsibility and be more proactive rather than reactive. emily: and the public is dealing with fresh fears around new term -- new terror attacks. what is the public's reaction
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here? where do they come down? caroline: i think it is fascinating because this is something that politicians are trying to put into the forefront of the public's mind, but whether or not the public blame social media the jury is out. , the media is coming down hard. "the sun" newspaper, the most widely read newspaper in the united kingdom, is calling the tech companies fatcats, saying that they should be helping push against this terrorist content. equally, you have prominent mp's, particularly a labour mp who is in opposition she has used crucial language here, saying youtube has been getting away, she says, with a dangerous and irresponsible approach to extremism for too long and it is disgraceful. they do seem to have the public not on their side at the moment. emily: more to come. caroline hyde in london for us. thanks so much, caroline.
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coming up come on the day that u.s. attorney general jeff sessions testifies before the senate, bloomberg is out with an exclusive report that russian hacks on the u.s. voting system could bewdier -- this is bloomberg. ♪ [ mooing sound ] [ laughing ]
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it's drivng me crazy come on. [ spitting from tongue ] time for my secret weapon. sports, movies, tv, ah... show me music to distract a minion. [ voice remote click ] [ pharrell starts to play ] ahh. i'm pretty smart- ahhh! [ mooing sounds ] [ minions laughing ]
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show me unicorns. [ voice remote click ] together: ahhh... that works too. find your awesome with the xfinity x1 voice remote. see despicable me 3 in cinemas in june. 12:29 in tokyo. --orts from australia say planning to ask jobs from all of its divisions. they are expected to release further details later today. leda regulated coal charges incomee than expected than the cut to income forecast. investors seem indifferent with stock in the positive today. offers key network shareholders, they declined to
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back a credit line. they plan to continue vision -- business as usual, while an administrator looks for a potential sale or recapitalization. they're trying to renegotiate planning programs with cbs and 21st century fox. shares remained suspended. jailed hong kong tycoon has lost his final appeal against the conviction for corruption. the joint chairman was jailed for five years in december 2014 for bribing the city's chief secretary. it exposed the cozy links between developers and the government. the three were also jailed. wells in the asia-pacific set the pump out to western europe in the first time, partly because of the political and economic uncertainty released by brexit. boston consulting said household
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wealth past $40.5 trillion last year. the asian pacific saw a surge to 10%. asia is seen taking the lead by the end of this year. >> i have a check on the markets. that update from wall street, kicking across all asian markets. chinese stocks leading laggard -- laggers. for morei on course gains. we see solid gains in sydney. take a look at the shanghai comp. -- propertyperty sector was doing ok. checking on auto players we are seeing as new energy vehicles contributed most of factory
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output, 27% in may. we are seeing an atf and shanghai tracking chinese consumer stocks, the best-performing. the return is nearly 14%. alfie set of data, giving less incentive for deregulating. ♪ this is "bloomberg technology." i'm emily chang. top story today, u.s. attorney general jeff sessions testified before the senate intelligence panel about the firing of former fbi director james comey and the investigation into russian hacking in the 2016 presidential election. this is what attorney general sessions had to say about his participation in any collusion. gen. sessions: the suggestion that i participated in any collusion, that i was aware of any collusion with the russian government to hurt this country, which i have served with honor for 35 years, or to undermine
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the integrity of our democratic process is an appalling and detestable lie. relatedly, there is the assertion that i did not answer senator franken's question honestly at my confirmation hearing. colleagues, that is false. emily: bloomberg reported that russian hacking during the u.s. presidential election was far wider than previously reported, with the voting systems of the 39 states hit by cyberattacks. we are joined by more from washington. i want to start with sessions. what more did we learn? what didn't we learn from his testimony today? jordan: a lot could be made about jeff sessions' refusal to answer almost all the material questions put to him, but we did learn a couple of really critical things. for one, for what may be the first time a trump , administration official has acknowledged that russia
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tampered with the election in a pretty critical way. but at the same time, attorney general sessions said he never received any briefings regarding cyberattacks on the u.s. infrastructure in which is 2016. remarkable when you consider he would be the person responsible for prosecuting and charging any potential perpetrators behind us -- of those attacks if they were , arrestable. emily: jordan, you have been reporting on this russian hat into the u.s. presidential election. you say that 39 states may have been compromised. talk to us about the extent of what you learned. jordan: this is a pretty big deal. as we reported today, as many as 39 states across the u.s. had indicators of compromise showing that portions of their electoral systems were infected by the same russian group responsible for attacking the dnc and hillary clinton's campaign. these were not all statewide
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systems. some more county systems, some more local. but that doesn't mean they weren't important. in fact some of those local and , county systems are the most important you can have in a state, because those are systems that actually run elections. the previous number we knew, systems in 20 states reported by nbc, now we know it's as many as 39. the real question for us as a country is how do we know how , deeply these attackers have burrowed themselves into our electoral system? the fact is, we don't know the extent of it. unfortunately, the government doesn't know either. that is a pretty scary prospect considering we are going into another election cycle. emily: on that note, do we have any evidence to show this actually affected the election results? reporter: we don't. former fbi director james comey testified previously there's no evidence the hackers actually
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changed votes in this election. but we do have evidence out of illinois, the canary in the coal mine that alerted the government to the ongoing hacks, that in that state the attackers tried to alter or delete voters' names and addresses. that is a big deal. if you tinker with enough of those data fields, and people go to try to vote and they are not in the voter rolls at their precinct, they will not be able to vote. or if they can, they have to vote on provisional ballots, which takes forever and creates chaos at the polls. the idea of tampering can take many forms. it is pretty apparent that the hackers in this case were experimenting with a few different varieties of how to tinker with electoral systems. emily: bloomberg's jordan roberts, excellent reporting. thank you for that update. now to a story we are watching. airline passengers may soon be
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able to put away their ids and boarding passes on flights. we will bring you more of that story when we had it. -- when we have it. airline passengers may soon be able to put away their ids and boarding passes at screening lines as the tsa begins an experiment with fingerprints to verify identities. the tsa would be the latest security agency or business to begin using automated biometric information to verify people's identity. jetblue, delta and air france , are also experimenting with fingerprints and facial recognition technology to speed up the check in process. coming up, more of our exclusive conversation with tim cook. how the government works with apple on matters of security. this is bloomberg. ♪ emily: back now to our
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exclusive conversation with apple ceo tim cook. apple just issued a $1 billion
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green bond to fund renewable energy generation, building on $1.5 billion worth of bonds of the company sold a year ago to further its goal of furthering 100% of operations on renewable energy. this comes after president trump withdrew the u.s. from the paris climate accord. tim cook is one of the silicon valley leaders who asked the president not to pull out. we asked how this would affect apple's relationship with the white house. mr. cook: i think he did listen to me. he didn't decide what i wanted him to decide. i think he decided wrong. i think it's not in the best interest of the united states, what he decided. but the way that i look at this thing, do you interact with politicians or do you not -- my view is that first and foremost, things are about, can you help your country? if you can help your country and you do that by interacting, then
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you do it. the country eclipses politics. so, you know, if there's something that we can work together that helps people in the united states, then of course we would do it. emily: you have other people that are leaving the table, though. like bob iger, like elon musk. is the president jeopardizing his relationship with his key constituencies, the business community? mr. cook: i would differentiate leaving a council and advising in a way that you think could help our country. i think the first one is a judgment call that people make. i didn't join a council. so it's not a decision i had to make, but i understand both sides of that. but advising on something that you believe will help america i think is a requirement as a ceo. you definitely do that.
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honestly, if i get the chance to go pitch the paris agreement again, i'm going to do it again, because i think it is very important that we engage to fight climate change on a global basis. this isn't something where you can solve it country by country. it requires a global action. emissions created in one country affect another. it is something that we feel very strongly about, and i wanted to do every single thing that we could do to tell how important it was to stay in the agreement. unfortunately, he decided something different. emily: why didn't you join the council? mr. cook: two reasons. one, my primary job is being the ceo of the company.
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i spend the bulk of my waking hours doing that. i do so willingly because i love the company and the people in it. traveling back east isn't something that i look forward to doing, except when i need to do it. secondly, i don't find these councils in general and committees to be terribly productive. it wasn't about not wanting to advise on something where i thought that we could help, or we had a point of view that should be heard. so i'm doing the latter. i can't imagine a situation where i wouldn't do the latter, because it's in the best interest of americans to do it, and i am first and foremost an american. emily: this is important to the apple in the country. how would you like a repatriation bill to be
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structured? mr. cook: it should be a deemed repatriation. this means it should be a required tax. you are not asking the people that have had earnings from their international subsidiaries if they would like to bring that money. you're saying that, you must pay the government x percent now or over some period of time. my own advice would be is that the u.s. use that money for a significant infrastructure spending in the u.s., because it creates jobs. there are people who would argue we don't need an investment in america. that's what i think should be done. i think it should have been done years ago, but it hasn't. tomorrow is good. emily: you have made it clear that the privacy of apple users is of utmost importance to you, even as terror attacks continue to happen around the world.
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does the new ios strengthen user security and privacy? mr. cook: these terrorist attacks, first of all, our heart goes out to everyone affected by them. they are horrendous. the u.k. is our neighbor. we have thousands of employees there. our heart goes out. what do we do to help with this? we have done one thing since the beginning of the app store, we curate the app store. we don't want hate speech on there. we don't want these recruiting things on there, so we have tried to be very careful from the beginning about not having that stuff on there. emily: some of our exclusive interview with apple ceo tim cook. we will have more of the interview coming up, including
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what he has to say about the homepod, apple's answer to amazon echo. a quick programming note on "the fed, we will have it decides," at 2:00 p.m. eastern. as well as janet yellen's news conference. this is bloomberg. ♪ emily: back to our exclusive
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interview with apple ceo tim cook. in part three of the conversation, we discussed where the big innovation at apple will come from in the future, and the recently announced home pod, the answer to amazon echo and google home. i started by asking about the newest addition, the homepod. mr. cook: the underlying technology is something to
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behold. to get the experience that we wanted at the quality we wanted, like apple products in general take multiple years to do. starting from the core technology and building up to the product. emily: you have people out there saying, "finally, what took so long?" mr. cook: for us, it has never been about being first. we didn't have the first mp3 player. we didn't have the first smartphone. we didn't have the first tablet. there was a tablet shipping a decade before. very few people used it. arguably, we shipped the first modern mp3 player, the first modern smartphone, the first modern tablet, but we were not first. for us, it's not about being first. it's about being the best. emily: it is the 10th anniversary of the iphone. you have unveiled the new ios, ios 11. what is that tell us about what is next? mr. cook: i can tell you it is unbelievable, both for iphone and ipad.
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there are incredible things in it like peer-to-peer payments. it is the biggest ipad released ever. an area that i have great personal excitement on -- i'm excited about all of it, but i'm incredibly excited about ar. as we get this in the hands of the developers, we will have the largest augmented reality platform in the world. emily: you talked a lot about ar the --with regards to developers, but what about consumers? mr. cook: with the core technology, as a platform owner, the first thing, arguably the most important is to build the , foundation. from that you can do many things. first, you have to have a solid foundation. emily: peter thiel says he believes innovation in smartphones is over. are the days of quantum leap in smartphone innovation over, or are there more to come? mr. cook: i don't agree with
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that view at all. the thing that drives quantum leaps is the core technology. when i think about all of the things that are going to change from a core technology point of view in the future, i think we're just getting started. i'm incredibly excited. clearly, there's nothing that i think virtually anybody would say is going to replace the smartphone anytime soon. as time has gone on, the smartphone has become more important to people's lives. when it started, the phone call was still the dominant reason for having it. now if you look at what people are doing on smart phones, it is a minor piece of what a phone is now. when i look at that, and the
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health kit, getting people's data on, car play, i'm controlling all of my house with siri using the iphone. i think about all of these things. the usage of it -- you just don't leave home without your iphone. i think it is in the early stages still. i don't see it in that light at all. emily: controlling your home with a device is still a fairly niche behavior. when do you see that becoming more mainstream? mr. cook: i think it's going to become more mainstream this year, honestly. we have built it into ios 10. after that, you saw more and more accessories coming to the market that were home kit enabled. it is easy to set up. we just made it easier for accessory vendors to be compatible with home kits, because you now can use software encryption. you don't have to have hardware encryption.
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i think that also unleashes even more accessory guys to join. i think people increasingly will want to automate different parts of their home. i wouldn't live without it at this point. it's one of those things, how could i ever have done that in a different manner? emily: in the past, he said ipad is our clearest expression in our vision of the future of personal computing. mac sales are holding steady, ipad sales continue to fall. why is that? mr. cook: we make both. i am happy with whatever people choose to buy. mac,people will only buy some people only want an ipad. many people buy both. what we try to do with the ipad is bring more productivity features to it. some people decide they would rather have an ipad pro, and that is great. i think people that have an ipad would want an upgrade.
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but the mac remains very important to us. i see it as both of them are computing devices. we will keep investing in both because we think both have a great future. one of the reason that ipads -- just looking at the numbers, you see the units are going down. keep in mind the ipad mini came out at a point in time that smartphones were fairly small. people had 3.5 inch or four inch screens on their smart phone. one thing we are seeing is a natural move to a smart phone not taking all of the market, but taking a piece of it. we are ok with that, too. plus has been phenomenal. we are seeing growth rates that have shocked us. emily: our exclusive conversation with apple ceo tim cook. you can catch the full interview
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online at, or this weekend on the special edition of bloomberg's "studio 1.0." it is airing throughout the weekend. right here on bloomberg television. now it is time to find out who is having the best day ever. the winner is disney's abc. the golden state warriors championship clinching the win over the cleveland cavaliers, producing the highest tv rating for an nba finals game five since 1998. the game was also the second most streamed nba contest with an average audience of over 500,000 viewers. the only other nba game with a larger streaming audience -- the decisive game seven of the 2016 finals. that does it for this edition of "bloomberg technology." tomorrow, we will be live at the e3 gaming conference with nintendo america's president. that is at 5:00 p.m. new york time, 2:00 p.m. in san francisco.
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that's all for today. this is bloomberg. ♪
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