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Feb 1, 2024
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i also did get a chance to catch up with tim cook about these results, in particular, asked him, what happened in china? and why sales were down so significantly there versus a year ago, especially as that country was largely shut down in the december quarter due to covid. here's what he told me on china, largely blaming foreign exchange here, saying, quote, the dollar is very strong versus the rmb. and so that negative 13 goes to a mid-single digit number. so, that's how we did on the phone last quarter the good news is that we're four out of the top six top selling smartphones in urban china i will note, he's citing data there that shows huawei actually took share in that same report he's talking about there, so, still top -- losing market share to the android competitors over there, but still very strong in china, according to cook also saying there's a record level of iphone installs in china, which is obviously a big opportunity for services i also asked tim cook about the apple watch ban, that o2 sensor that causes them to sell the watch without the o2 sensor. i asked him, would
i also did get a chance to catch up with tim cook about these results, in particular, asked him, what happened in china? and why sales were down so significantly there versus a year ago, especially as that country was largely shut down in the december quarter due to covid. here's what he told me on china, largely blaming foreign exchange here, saying, quote, the dollar is very strong versus the rmb. and so that negative 13 goes to a mid-single digit number. so, that's how we did on the phone...
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tim cook's vision for hot new product went on sale in apple stores across the nation.ere open for vision pearl customers. this comes with a hefty price tag but apple enthusiasts are snatching them up. alive report from new york city apple store. the competition is there. htc vibe has a virtual reality head set of its own. it is a third of the price, we are doing surgery right now. you can see brandon in our studio. we will cut through the noise. the big difference between the head sets and the business model, stay tuned, chevron at the very top after fourth-quarter earnings beat on record permian basin oil production, positive 24, we are coming right back, don't go away. [coughing] copd hasn't been pretty. it's tough to breathe and tough to keep wondering if this is as good as it gets. but trelegy has shown me that there's still beauty and breath to be had. because with three medicines in one inhaler, trelegy keeps my airways open and prevents future flare-ups. and with one dose a day, trelegy improves lung function so i can breathe more freely all day and night. trele
tim cook's vision for hot new product went on sale in apple stores across the nation.ere open for vision pearl customers. this comes with a hefty price tag but apple enthusiasts are snatching them up. alive report from new york city apple store. the competition is there. htc vibe has a virtual reality head set of its own. it is a third of the price, we are doing surgery right now. you can see brandon in our studio. we will cut through the noise. the big difference between the head sets and the...
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Feb 2, 2024
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front >> tim cook with the deep tease.e will wait and see alex, thank you. >>> coming up on "worldwide exchange," a massive drop in the new york community bancorp shares this week we dig into the isolated incident or canary in the coal mine for the sector. "worldwide exchange" is back in just a moment. -thanks for swin. -no problem. so what are all those for? uh, this lets me adjust the base, add more guitar, maybe some drums. -wow. so many choices. -yeah. like schwab. i can get full service wealth management, advice, invest on my own, and trade on thinkorswim. you know carl is the only front man you need. (phone rings) oh, i gotta take this, carl. it's schwab. schwab. (feedback rings) have a choice in how you invest with schwab. (grunting) at morgan stanley, old school hard work meets bold new thinking. (laughter) at 88 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. old school grit. new world ideas. morgan stan
front >> tim cook with the deep tease.e will wait and see alex, thank you. >>> coming up on "worldwide exchange," a massive drop in the new york community bancorp shares this week we dig into the isolated incident or canary in the coal mine for the sector. "worldwide exchange" is back in just a moment. -thanks for swin. -no problem. so what are all those for? uh, this lets me adjust the base, add more guitar, maybe some drums. -wow. so many choices. -yeah....
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Feb 5, 2024
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we think, and tim cook alluded to this, they will introduce a.i. into their phone, generative a.i., for the first time. we think that matters a lot. it creates the ability to use your phone in a whole new way, and perhaps your old phone can't give you that same experience as these new devices might. that becomes very positive for the iphone replacement cycle. >> you think that's going to happen at w w d c? that will be the teaser for it? >> that will be the teaser for. it ultimately, i think what they're gonna do at the developer conference is introduced the idea of what they are going to bring to ios 18, they'll also give an opportunity to build out the ar, vr ecosystem, from the vision pro that just launched. ultimately we think it's gonna be one of the more important developer conferences we've seen in a number of years. >> in terms of generative a.i. and the expectations you have in there, obviously have by virtue of what you just said, what leads you to believe that they are playing into a, that is going to be more profound, let's, say than wh
we think, and tim cook alluded to this, they will introduce a.i. into their phone, generative a.i., for the first time. we think that matters a lot. it creates the ability to use your phone in a whole new way, and perhaps your old phone can't give you that same experience as these new devices might. that becomes very positive for the iphone replacement cycle. >> you think that's going to happen at w w d c? that will be the teaser for it? >> that will be the teaser for. it...
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in a memo to employees ceo tim cook acquainting the headset released to the debut of the iphone callingit a redefining moment. maybe that will redefine the stock which is lagging the issue behind every other magnificent seven stock except tesla. former apple ceo john sculley lives daily by on whether cook's comparison is totally outrageous overstatement work the vision probe could be the beginning of a new era for apple. john's new vision of a.i. and one particular space that desperately needs it. apple stock right now one of the few in the green for the dow jones industrial we have 49 minutes left to trade this monday. "the claman countdown" is coming right back. ♪ dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones an alternative to pills, voltaren is a clinically proven arthritis pain relief gel, which penetrates deep to target the source of pain with nonsteroidal anti-inflammatory medicine directly at the source. voltaren, the joy of movement. a force to be rec
in a memo to employees ceo tim cook acquainting the headset released to the debut of the iphone callingit a redefining moment. maybe that will redefine the stock which is lagging the issue behind every other magnificent seven stock except tesla. former apple ceo john sculley lives daily by on whether cook's comparison is totally outrageous overstatement work the vision probe could be the beginning of a new era for apple. john's new vision of a.i. and one particular space that desperately needs...
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Feb 3, 2024
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. >>> coming up, apple ceo tim >>> coming up, apple ceo tim cook meetin not just any whiteboard... ...katie porter's whiteboard is one way she's: [news anchor] ...often seen grilling top executives of banks, big pharma, even top administration officials. katie porter. never taken corporate pac money - never will. leading the fight to ban congressional stock trading. and the only democrat who opposed wasteful “earmarks” that fund politicians' pet projects. katie porter. focused on your challenges - from lowering housing costs to fighting climate change. shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. >>> a big day for apple. customers at the new york city store got a warm welcome from apple ceo tim cook who was there for the release of the virtual reality headset, vision pro. it gives you a 3d display in front of your eyes and a lot of people were at the store to buy or demo the product with a price tag that starts at $3500. >>> the largest and oldest rummage sale in oakland, the white elephant sale that runs through march 3. you have time
. >>> coming up, apple ceo tim >>> coming up, apple ceo tim cook meetin not just any whiteboard... ...katie porter's whiteboard is one way she's: [news anchor] ...often seen grilling top executives of banks, big pharma, even top administration officials. katie porter. never taken corporate pac money - never will. leading the fight to ban congressional stock trading. and the only democrat who opposed wasteful “earmarks” that fund politicians' pet projects. katie porter....
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Feb 28, 2024
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here is tim cook and what they had to say about plans in 2017. tim: we see it as the mother of all ai projects. it's probably one of the most difficult ai projects to work on and so autonomy is something that is incredibly exciting for us and we will see where it takes us. caroline: isn't that interesting the fact tim cook talked it as a mother of all ai projects and that's where the talent now goes. but you generative ai. mark: it is certainly an ai project. that that is artificial intelligence musing cloud, using onboard hardware to understand the vehicle to live processing and make those decisions using an ai engine on behalf of the user whether to stop, make that turn or change lanes, to understand the environment. to drive into the snow or rain. those are decisions made by an ai processor so apple does have some ai talent there that they are able to relocate to their other ai initiatives that have nothing to do with the car. ed: let's go deep into the details you reported. there was a meeting held by two high-level apple executives where the
here is tim cook and what they had to say about plans in 2017. tim: we see it as the mother of all ai projects. it's probably one of the most difficult ai projects to work on and so autonomy is something that is incredibly exciting for us and we will see where it takes us. caroline: isn't that interesting the fact tim cook talked it as a mother of all ai projects and that's where the talent now goes. but you generative ai. mark: it is certainly an ai project. that that is artificial...
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i am here with apple ceo tim cook.rning. i had an opportunity to try the apple vision pro. >> how was it? >> it's the most amazing thing. it is so hard to describe to someone who hasn't experienced it yet. >> it's magical. >> it's absolutely magical. how do you envision this being used by people in their daily lives? >> oh, i think it will be used in so many different ways because it's a spatial computer. you know, the iphone introduced us to the mobile computer. the mac is the personal computer. this is the first spatial computer. people are going to interact with it in different ways. some people will connect with it. with facetime and so forth. some people will train on it. surgeons will train on it. it's just the number of applications. it's like a computer. it's just enormous. there's over 1 million apps for it already. >> it is a computer, but it is a headset. you are so immersed in this world that you can create with this. it can have a lot of ground breaking technology. what is that? >> so we've been working on
i am here with apple ceo tim cook.rning. i had an opportunity to try the apple vision pro. >> how was it? >> it's the most amazing thing. it is so hard to describe to someone who hasn't experienced it yet. >> it's magical. >> it's absolutely magical. how do you envision this being used by people in their daily lives? >> oh, i think it will be used in so many different ways because it's a spatial computer. you know, the iphone introduced us to the mobile computer....
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Feb 2, 2024
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. >>> the first apple product in nine years is out, i had a chance to talk with tim cook to find outtning round, so stay with cramer! icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. >>> what is going on with cardinal health, one of the three biggest routers, for years it lagged behind the peers and some of that is activist pressure and new leadership, ever since elliott nash replaced the ceo the stock has been on fire, up an astounding 68%, too big piece of news, $1.2 billion, helping them play catch up in the pharma space where the money is, and secondly, reported yesterday, big earnings and raise the full- year forecast substantially, but i guess it was not perfect. they missed the operating profit expectations and the forecast for the school and medical sector, not for the company, it spooked investors, dropping 3.5% yesterday, and one .6% today, but still up over 50% and i don't really understand the pull back, let's take a closer look with the ceo of cardinal health, welcome to mad money. >> great to be h
. >>> the first apple product in nine years is out, i had a chance to talk with tim cook to find outtning round, so stay with cramer! icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. >>> what is going on with cardinal health, one of the three biggest routers, for years it lagged behind the peers and some of that is activist pressure and new leadership, ever since elliott nash replaced the ceo the...
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Feb 2, 2024
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tim cook, the apple ceo, as expected he was here.ned the store, came out, greeted everyone, and he said thanks very much and all of the usual things we expect. a decent man of excitement. it takes about 20 minutes to get this thing fitted, so people were doing that, and seeing what all of the features were and then emerging shortly after. it is not quite an iphone day. the line is definitely gone now. you can head straight in if you would like. but a decent amount of excitement for the vision pro on this first morning. caroline: i was lucky enough to be flanking you at 7:00 a.m., and having a chat with tim cook. he seemed to be thinking it is the intuitive nature of this device that has got people really excited. the fact that you are using your eyes, you are using your own hands. he himself liking the productivity use of it. but from your perspective, what do you like about it? i know you are a bit of an addict to the quest, for example. what about this particular iteration? dave: what i think is interesting here is, what are we goi
tim cook, the apple ceo, as expected he was here.ned the store, came out, greeted everyone, and he said thanks very much and all of the usual things we expect. a decent man of excitement. it takes about 20 minutes to get this thing fitted, so people were doing that, and seeing what all of the features were and then emerging shortly after. it is not quite an iphone day. the line is definitely gone now. you can head straight in if you would like. but a decent amount of excitement for the vision...
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Feb 20, 2024
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mark: i don't think tim cook is boarded up in a conference room in cupertino because of this. i don't think apple is at a crisis or anything with vision pro. but we have heard that the vision pro return rate is somewhere between average and above average, depending on the store. the device itself, we have had people complain about the bulkiness of the operating system, the battery life, and more importantly, comfort, being able to wear. -- wear it for long periods of time. obviously people buy apple products and return it all the time. but if you are buying the vision pro at the current price it means you are a very early adopter. those are the people who are typically not returning your products. that is why it is so interesting. in terms of me? i love it. i'm continuing to use it. it is buggy, it gets uncomfortable, but it is great for watching video. my hope is that it gets better soon. i don't anticipate the bugs dropping until a big vision os update. but i am banking on some improvements in the not too distant future. caroline: this is version one. mark gurman, we thank y
mark: i don't think tim cook is boarded up in a conference room in cupertino because of this. i don't think apple is at a crisis or anything with vision pro. but we have heard that the vision pro return rate is somewhere between average and above average, depending on the store. the device itself, we have had people complain about the bulkiness of the operating system, the battery life, and more importantly, comfort, being able to wear. -- wear it for long periods of time. obviously people buy...
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Feb 2, 2024
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. >> el propio tim cook, jefe de apple, dio la bienvenida a las decenas de personas que acudieron a layork. >> ahora usted se pregunta, ¿cuanto cuesta? >> bueno, le cuento, 3.500 dolares y eso suma accesorios adicionales como lentes de aumento a partir de 149 dolares, estuche de viaje por 200 y un el soporte para la bateria de 50 dolares, asi que si lo quiere, pues hay que ir ahorrando. >> bueno, 3.500 dolares es una cifra sustancial, pero tim cook ha dicho que es la tecnologia de manana, hoy. >> imaginate. >> vamos a ver y bueno, en el dia de la candelaria hablamos con una familia hispana que elabora los tradicionales tamales, estos particularmente se volvieron virales en tiktok. >> y que cree desde el safari de puebla tenemos novedades de la famosa jirafa benito, quien ya famosa jirafa benito, quien ya parece haber conocido a su otra ¿y si no puedo dejar de pensar en mi diabetes tipo 2? ¿y si todo lo que hago no es suficiente? ¿y si manejo mi diabetes de otra manera? ahora con mounjaro una vez a la semana puedo hacerlo. mounjaro ayuda a tu cuerpo a regular el azúcar en la sangre y a
. >> el propio tim cook, jefe de apple, dio la bienvenida a las decenas de personas que acudieron a layork. >> ahora usted se pregunta, ¿cuanto cuesta? >> bueno, le cuento, 3.500 dolares y eso suma accesorios adicionales como lentes de aumento a partir de 149 dolares, estuche de viaje por 200 y un el soporte para la bateria de 50 dolares, asi que si lo quiere, pues hay que ir ahorrando. >> bueno, 3.500 dolares es una cifra sustancial, pero tim cook ha dicho que es la...
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this has been the issue for tim cook since he took over.th there was a lot of concern about apple, the company. he was the genius, he was the visionary and tim cook has not been that guy. so you need new products. you can't just keep redoing the iphone over and over and the ipad and the mac book air which again i own all of those and the biggest geek on the panel probably when it comes to apple but i think they're reaching here and they're struggling with this and the watch has had some problems. maria: they tried to do services more, gain revenue from services, joe and -- >> look, they interest to plant a flag. i think it's wise. you have to go back and remember when the black berry was king, the iphone was not the most affordable but they did become the preimminent device for the smartphone sector. will it succeed? time will tell. again, the prices will come down. if they're the one or went out there first and led the way he it could reap benefits down the road. maria: countdown is on. we've got the january jobs report coming up. we'll ta
this has been the issue for tim cook since he took over.th there was a lot of concern about apple, the company. he was the genius, he was the visionary and tim cook has not been that guy. so you need new products. you can't just keep redoing the iphone over and over and the ipad and the mac book air which again i own all of those and the biggest geek on the panel probably when it comes to apple but i think they're reaching here and they're struggling with this and the watch has had some...
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Feb 28, 2024
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ceo tim cook pledging the company will break ground this year when it comes to generative ai. okay. those shares have been in a bit of a slump lately, for the past six months. elsewhere, in less than an hour, we will set you up, as well as looking at overtime. underperforming tech, and why it might be a great thing for this bull market. work with me here. let's welcome in josh brown, the ceo of ritz holds wealth management. it's great to have you back. it's piper sandler today, which says broadening out. i would say, it feels like no contest, let broadening out. over the last month, discretionary is up seven, materials up five, these are percent, financial healthcare up 4%. tech is only up 3%. what you thing of the story? >> i will tell you the problem, people are looking at the russell 2000. they are missing the boat on what's really happening here. there is a bifurcation taking place between large and small, mid caps somewhere in the middle. that part is true. the question is, which one do we focus more on? we focus on russell 2000, which is smaller than the meal that apple just a
ceo tim cook pledging the company will break ground this year when it comes to generative ai. okay. those shares have been in a bit of a slump lately, for the past six months. elsewhere, in less than an hour, we will set you up, as well as looking at overtime. underperforming tech, and why it might be a great thing for this bull market. work with me here. let's welcome in josh brown, the ceo of ritz holds wealth management. it's great to have you back. it's piper sandler today, which says...
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and you can watch the full interview with tim cook coming up at 7 a.m. on gma. reggie, some people say it is worth that price tag. >> you know what? >> we got to try it out. yes >> thank you. a show of support at san francisco superior court for activists who were arrested for blocking the bay bridge while they call for a ceasefire in the middle east. coming up, get down. more of the protesters were arraigned yesterday. the activists faced charges for shutting down the bay bridge on november 16th. the protests blocked a westbound traffic on the bridge for more than two hours, 78 people faced charges. >> new developments in the israel-hamas war hamas plans to respond, quote, very soon to a proposal that includes the release of more hostages. the group and other militants in gaza are holding dozens of hostages after having kidnaped about 250 during their october 7th attack during a one week truce in november. more than 100 were released in exchange for 240 palestinian prisoners. the ministry of health reports at least 27,000 people have been killed and 66,000 peop
and you can watch the full interview with tim cook coming up at 7 a.m. on gma. reggie, some people say it is worth that price tag. >> you know what? >> we got to try it out. yes >> thank you. a show of support at san francisco superior court for activists who were arrested for blocking the bay bridge while they call for a ceasefire in the middle east. coming up, get down. more of the protesters were arraigned yesterday. the activists faced charges for shutting down the bay...
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i caught up with tim cook and asked about the price point that he defend it as value saying get your paying for a piece of tomorrow today. new things to use it for, interesting the diehards that lineup this morning were the actual developers. price was not an issue. >> that is the next iphone. >> $3,500. is this a big hit or not? >> we don't know until we try. >> reporter: the vision pro launch takes a day after earnings yesterday, stock dropped, but despite the fact you had apple, a 4 year following sales. analyst were disappointed by china, $3 billion in the quarter. i spoke to tim cook on earnings last night, a week less compared to last year, if you look at mainland china and convert to constant currency we were down single digit and the dollar is strong, particularly affects china. you feel good about the long-term of both countries. i can tell you i tried the quest 3 and vision pro, this is pretty incredible tech. neil: i'm not sure what it is. 's it for gaming or watching movies? what is it? if you had to describe it, what is it? >> reporter: all of that. inside the actual con
i caught up with tim cook and asked about the price point that he defend it as value saying get your paying for a piece of tomorrow today. new things to use it for, interesting the diehards that lineup this morning were the actual developers. price was not an issue. >> that is the next iphone. >> $3,500. is this a big hit or not? >> we don't know until we try. >> reporter: the vision pro launch takes a day after earnings yesterday, stock dropped, but despite the fact you...
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Feb 5, 2024
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how often does tim cook come out to say anything?ople think it will happen in june at the worldwide developers conference. >> you know, i don't want to be unnecessarily negative. i'm a big fan of hardened proof and fund mafundamentals. until you can see what this is, this is a question which is not answered for me. it is exciting. it is not guaranteed yet. >> one question you can answer. what is your top pick with the magnificent seven? >> oh, that's tough. i have to say i am impressed by meta's turn around and focus on the core business. that has taken me by price. >> sophie lund-yates, thank you. coming up on "closing bellbell, will have jon fortt speaking with satya nadella. >>> and turning attention to the storm system hammering california. up to 37 million people are at risk of life threatening e flooding. governor newsom stating a emergency ahead of the state. we have contessa brewer with more. >> reporter: frank, we learned los angeles got 4 inches of rain yesterday which was, by far, the rainiest february 4th in hi history. i
how often does tim cook come out to say anything?ople think it will happen in june at the worldwide developers conference. >> you know, i don't want to be unnecessarily negative. i'm a big fan of hardened proof and fund mafundamentals. until you can see what this is, this is a question which is not answered for me. it is exciting. it is not guaranteed yet. >> one question you can answer. what is your top pick with the magnificent seven? >> oh, that's tough. i have to say i am...
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Feb 1, 2024
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tim cook, the ceo, specifically called out india. definitely not good news what the are seeing in china but there is the potential for other markets to pick up some of the slack. haidi: what was the messaging around the health of the iphone overall? there are a lot of concerns in terms of how broad demand will hold up? emily: longer replacement cycles , in china specifically. we heard they are cutting the price of the iphone. there is a ban on workers using foreign technology at work. in general the iphone, still has a record number of installs globally and a record number of upgraders. strong double-digit growth in many emerging markets. the iphone is not necessarily the problem here. when you look at some other product categories, we saw the big decline in sales muddled in china but in the ipad, wearables home and accessories. the quarter was one week shorter than the quarter a year ago. they also talked about some currency issues. they missed on mac and services but they hit an all-time record on services. that is why you are seei
tim cook, the ceo, specifically called out india. definitely not good news what the are seeing in china but there is the potential for other markets to pick up some of the slack. haidi: what was the messaging around the health of the iphone overall? there are a lot of concerns in terms of how broad demand will hold up? emily: longer replacement cycles , in china specifically. we heard they are cutting the price of the iphone. there is a ban on workers using foreign technology at work. in...
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Feb 28, 2024
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until 2014 it wasn't until tim cook, turned on project titan, apple's idea to build a better car, untilnior meeting inside apple, putting the end to the billions of dollars spent in this area and refocusing their energies away from cars, some of the people getting pink slips, a transition to the ai team. if you think like apple and ai, don't even think about them now but it is not unusual for apple to be late to the game. apple is really good. being the best product once they do get in the game. i'm curious to see, it will be a better ai product and what we are seeing out of ai, microsoft but as of today, it is sad to think about. i was looking forward to what could apple create and many called the ultimate mobile device for the car. neil: had they not seen headlines about delayed deadlines to get evs, government help that might be drying up, concerns that some that perform in cold weather or wet weather, they made this decision in the middle of it. >> from the us perspective, when you look at it on a global level you are dealing with a company that has grown very weary and tired of reg
until 2014 it wasn't until tim cook, turned on project titan, apple's idea to build a better car, untilnior meeting inside apple, putting the end to the billions of dollars spent in this area and refocusing their energies away from cars, some of the people getting pink slips, a transition to the ai team. if you think like apple and ai, don't even think about them now but it is not unusual for apple to be late to the game. apple is really good. being the best product once they do get in the...
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Feb 28, 2024
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tim cook talking about ai. >> tim cook repeating what he said on the earnings call a couple weeks ago teasing that ai announcement that we've been talking about all day here. no further details other than it's coming and is related to generative ai. speaking of ai, one of the independent proposals -- by the way, all five independent proposals were voted down by shareholders. one in particular comes from the afl-cio equity index funds about ai transparency basically asking apple to put out a transparency report out of how they tackle ethics in artificial intelligence products they're working on. apple recommended shareholders reject the proposal, they have ethical guidelines in place and the request was overly broad and could put out information about products they don't want to announce quite yet. that did get knocked down. >> steve, appreciate it. that's steve kovach. more trades ahead. (♪♪) grace didn't believe in magic. but her daughter was happy to prove her wrong. you were made to dream about it for years. we were made to help you book it in minutes. >>> i'm courtney reagan with
tim cook talking about ai. >> tim cook repeating what he said on the earnings call a couple weeks ago teasing that ai announcement that we've been talking about all day here. no further details other than it's coming and is related to generative ai. speaking of ai, one of the independent proposals -- by the way, all five independent proposals were voted down by shareholders. one in particular comes from the afl-cio equity index funds about ai transparency basically asking apple to put out...
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let's get back to tim cook did he happen to mention to you what their plans are on a.i. mention that because it did come up on the call. they've done very little publicly when it comes to meeting challenges from competitors, but there's also a bullish case that says, you know what over time, you're going to need to have compute power moved to a certain extent to the phone -- to the edge, thank you -- that needs to be done at the edge you'll have a thin large language model if you want to call it that, and therefore, that will require more powerful chips, which will require a shortened upgrade cycle, which would be good for apple. >> they came so close to saying that i know that tim doesn't want to get over his skis, as he would tell you, but that is the real saving grace it will not necessarily be what i saw today with the vision pro. remember, vision pro, i keep hearing about the price, how much, but remember, you can borrow money to buy something. you're allowed to do that. i don't know if you -- it's called credit. >> really? i'm going to go on a -- >> once you try it
let's get back to tim cook did he happen to mention to you what their plans are on a.i. mention that because it did come up on the call. they've done very little publicly when it comes to meeting challenges from competitors, but there's also a bullish case that says, you know what over time, you're going to need to have compute power moved to a certain extent to the phone -- to the edge, thank you -- that needs to be done at the edge you'll have a thin large language model if you want to call...
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Feb 14, 2024
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forget the fact that our quest headset is a seventh of the price but tim cook was on vanity fair. if you look at, i guess year over year, meta is up 156% and apple is up 20%. which would you buy, steve? >> well, do you want growth or value? what is zuckerberg supposed to say? can't say anything good about apple but apple can concede that to meta. we've spoken before and i said app 18 a value stock impersonating a growth stock with the valuation. i think meta has gotten ahead of itself and app 18 much more stable in terms of cash flow. they charge me every month for stuff. but their growth rates in terms of revenues and earnings are really not particularly exciting. so i think neither is a great buy but both need to pullback and app 18 a safer choice but meta is the more exciting choice. liz: jason, buffet, largest shareholder of apple, berk berke athletics director hathaway, what do you think? >> for better or worse and they're stuck. unless it's tax deferred accounts, they can't get out of the stocks. liz: they've made too much. >> correct. but at the same time ai is giving them
forget the fact that our quest headset is a seventh of the price but tim cook was on vanity fair. if you look at, i guess year over year, meta is up 156% and apple is up 20%. which would you buy, steve? >> well, do you want growth or value? what is zuckerberg supposed to say? can't say anything good about apple but apple can concede that to meta. we've spoken before and i said app 18 a value stock impersonating a growth stock with the valuation. i think meta has gotten ahead of itself and...
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Feb 28, 2024
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i point you to 2017 comments from tim cook.driving the car the mother of a.i. projects. so there are a few ways to look at this. one way is realization from apple here that it is better to focus investment on technology that is happening now, a.i. of course instead of chasing a highly regulated and low profit margin market like autos. all of that time and money spent on self driving a.i. can apply to whatever apple may be working on with generative a.i. later this year. or you can see this as a straight up blunder in apple's failed attempt to disrupt a $10 trillion industry. morgan stanley at one time said they needed to capture 2% of the auto market and they have a business as big as the iphone. >> they end up scrapping the idea that they will be a car manufacturer. >> yes. >> is there any room for them to be a provider of software to other car manufacturers to employ in self driving vehicles? >> that was the idea when i talked about the pivots they went through. the original idea was to have a car, no steering wheels, no peda
i point you to 2017 comments from tim cook.driving the car the mother of a.i. projects. so there are a few ways to look at this. one way is realization from apple here that it is better to focus investment on technology that is happening now, a.i. of course instead of chasing a highly regulated and low profit margin market like autos. all of that time and money spent on self driving a.i. can apply to whatever apple may be working on with generative a.i. later this year. or you can see this as a...
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apple's ceo -- apple and ceo tim cook have never acknowledged the electric car publicly but referredo working on e autonomous systems. they've never been open about this but are now scrapping it. >> people are looking at it as a major failure. i don't look at it that way. i think what was happening is there was an internal battle inside apple whether to even go this route and i think tim cook was always on the fence. >> you mean a failure for evs, not just apple. >> i think the failure of evs right now has almost no impact on this. >> that's what i mean. if you just read the headline and you're a person who thinks that that this transition is rushed and not going to work, you would by like, see? i would want to know the real story behind the story. >> the only real story behind the story is there's always been a debate behind the company. frankly, could you ever capture any margin on a vehicle that looked anything like the devices in the margin that they're capturing on this. >> it would be margin dilutive. >> remember when data was the new oil. you wanted to own the car because if y
apple's ceo -- apple and ceo tim cook have never acknowledged the electric car publicly but referredo working on e autonomous systems. they've never been open about this but are now scrapping it. >> people are looking at it as a major failure. i don't look at it that way. i think what was happening is there was an internal battle inside apple whether to even go this route and i think tim cook was always on the fence. >> you mean a failure for evs, not just apple. >> i think...
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Feb 2, 2024
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cook told cnbc it represents a huge acceleration from last quarter because the december quarter hadweeks instead of 14 weeks. >>> markets rallied across the major indices. the fed decision to hold rates steady. the dow up 370 points, the tech heavy nasdaq had 178 and the s&p gained 61. >>> using somebody else's hulu account, your freeloading days are over. subscribers can no longer share accounts with people outside their household. the specifics of how hulu will monitor each account is unclear. they may limit or terminate access to the service for those who violate the new policy. the new rules started last week for new subscribers and starts next month for existing subscribers. in new information involving younger adults and ri sk two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right conservatives. adam schiff, the leading democrat, defended democracy against trump and the insurrectionists. he helped bui
cook told cnbc it represents a huge acceleration from last quarter because the december quarter hadweeks instead of 14 weeks. >>> markets rallied across the major indices. the fed decision to hold rates steady. the dow up 370 points, the tech heavy nasdaq had 178 and the s&p gained 61. >>> using somebody else's hulu account, your freeloading days are over. subscribers can no longer share accounts with people outside their household. the specifics of how hulu will monitor...
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Feb 12, 2024
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yes that is apple ceo tim cook. he is on the left there heading into allegiant stadium for the game. now there is a super bowl party underway in the north bay right now just for teens car club in san rafael is hosting an alcohol and drug free event as a way to provide young people with a safe space to watch the game. there is free pizza, popcorn, cotton candy and other desserts. marine based substance abuse prevention nonprofit alcohol justice is co-hosting that event, and check out the party in the south bay. this is san pedro square in san jose, where legions of niner faithful took to the first half from the many bars and restaurants there, everyone here is glued to the tv as you can see. just hoping for a victory. now abc seven news reporter luz pena is hanging out with 40 niners fans watching the game at thrive city in san francisco. dion we're watching the game with thousands of 40 niner faithful at chase center. >> this is thrive city. look at that. this sea of red and gold is loud is passionate and is hoping
yes that is apple ceo tim cook. he is on the left there heading into allegiant stadium for the game. now there is a super bowl party underway in the north bay right now just for teens car club in san rafael is hosting an alcohol and drug free event as a way to provide young people with a safe space to watch the game. there is free pizza, popcorn, cotton candy and other desserts. marine based substance abuse prevention nonprofit alcohol justice is co-hosting that event, and check out the party...
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Feb 3, 2024
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expensive and nerdy, and obviously, those caught on in a gigantic way, and today's crowd, you can see timk in the new york store but the crowds, muted, short lines, and not a whole a lot of people but there is a bit of a learning curve and some of the employees were sitting down with people, and that means they are able to adapt to it and figure it out and get the work done and play their games, and like you said, word of mouth. >> we will see. i want to try it. pretty cool. >> you should. >> thank you, scott. >>> brock purdy ahead of the super bowl and how they feel about fixing their defense? anthony flores joins us with his insight. and celebrating black heritage. we go on one with a bay area professor helping to spark social change. >>> but before the break, we would like to know what kind of a story you would like to see? i have a polyp on in instagram. two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right
expensive and nerdy, and obviously, those caught on in a gigantic way, and today's crowd, you can see timk in the new york store but the crowds, muted, short lines, and not a whole a lot of people but there is a bit of a learning curve and some of the employees were sitting down with people, and that means they are able to adapt to it and figure it out and get the work done and play their games, and like you said, word of mouth. >> we will see. i want to try it. pretty cool. >> you...
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Feb 28, 2024
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so if you're tim cook, you have to decide between plowing billions of dollars more into the uncertain ev market or going head first into ai, which has almost limitless potential it's probably not that hard of a decision. >> interesting, it's good to see matt. thank you so much right? >> john. >> so after one congresswoman told us that republicans are terrified of the politics surrounding ivf republicans in alabama the man moving to protect the procedure after the supreme court there put it in jeopardy >> every ten, they got two of the best players and mcdavid, andrei seidel say louis, a talented team, always a tough test >> i today on tnt. not flossing well then add the wo of listerine to your routine new science shows. listerine is five times more effective than floss at reducing flag above the gum line for a cleaner, healthier mouth. this three, feel the wo so would you get to nashville hot tenders and three mandarin orange tenders? >> what about you? >> three classic tenders? >> for big butterfly shrimp for of a kind, i went oh, okay >> he said, always a competition. >> i am the sh
so if you're tim cook, you have to decide between plowing billions of dollars more into the uncertain ev market or going head first into ai, which has almost limitless potential it's probably not that hard of a decision. >> interesting, it's good to see matt. thank you so much right? >> john. >> so after one congresswoman told us that republicans are terrified of the politics surrounding ivf republicans in alabama the man moving to protect the procedure after the supreme court...
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Feb 29, 2024
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tim cook doesn't come on and say, have you seen our a.i.?not a combative individual. >> no, but the bull case, so to speak, is that you will get a significant advance in terms of generative a.i. being made a part of the 16 >> the edge. >> and -- at the edge. and creating, frankly, an entirely new ecosystem on the app store as well. >> correct >> and you got a billion people with some sort of subscription product, add-on subscription product for it, and it can change a lot >> right, because then you start thinking that's how you get the price earnings multiple that has, which used to be at 16, and it leapfrogged over the gold standard of consumer products, which is procter >> and it's -- to be fair, its multiple is fairly high for a company that has not had a significant growth rate for some time >> that's true, but when you talk to tim cook, who is an unbelievable person to talk to about bigger things, don't want to be pigeon holed into thinking in the four walls of the spreadsheet, he would remind you, jim, it's not a consumer company. plea
tim cook doesn't come on and say, have you seen our a.i.?not a combative individual. >> no, but the bull case, so to speak, is that you will get a significant advance in terms of generative a.i. being made a part of the 16 >> the edge. >> and -- at the edge. and creating, frankly, an entirely new ecosystem on the app store as well. >> correct >> and you got a billion people with some sort of subscription product, add-on subscription product for it, and it can...
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tim cook shared this today from the fifth avenue store in new york city, signaling the $3,500 vision pro hitting stores tomorrow. >> abc seven news south bay reporter lauren martinez has more on what this product might hold for apple. the metaverse and bay area tech. >> for the first time in apple's history, the tech giant is releasing a mixed reality headset. the apple vision pro is a wearable device that leaps the user into a virtual environment. >> i think this is going to open up a lot for the masses. >> dan barbera is the content creator of mac rumors, one of the largest apple centric websites, barbera was one of the first to try the headset on in june of last year. >> you can go on the moon if you want to and immerse yourself or bring yourself back to reality and kind of use those apps within your reality, within your space. >> apple is calling it a spatial computer. think of it like a projected screen and rather than controlling through a keyboard or a mouse, you use your eyes or gestures. the price is $3,500 for a business expense. >> i could totally see myself doing it. yeah
tim cook shared this today from the fifth avenue store in new york city, signaling the $3,500 vision pro hitting stores tomorrow. >> abc seven news south bay reporter lauren martinez has more on what this product might hold for apple. the metaverse and bay area tech. >> for the first time in apple's history, the tech giant is releasing a mixed reality headset. the apple vision pro is a wearable device that leaps the user into a virtual environment. >> i think this is going to...
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Feb 3, 2024
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there is the ceo, tim cook, celebrating the launch at the apple store in new york city with about 200people from all around the world. the wearable device is a mixed reality headset lending -- blending virtual reality with the real world. you can navigate it's apps with your eyes, hands and voice. it promises the ultimate personal theater experience for about $3500 per it is available in the u.s. but apple has not said when it will be sold internationally. >>> we want to take a look at outerspace as you have never seen it before. the web telescope is captured, incredible images of 19 spiral galaxies in unprecedented detail. they showcase the stars, gas and dust within the intricate structure of east galaxy. the galaxy center features clusters of old stars or supermassive black holes. astronomers say they are excited to study the newest, most massive stars in the galaxies. they say they hope to learn about how galaxies nurture and sees the formation of stars. >>> thanks so much for watching. i will be back with more of our coverage in just a moment. we have much more on the u.s. retali
there is the ceo, tim cook, celebrating the launch at the apple store in new york city with about 200people from all around the world. the wearable device is a mixed reality headset lending -- blending virtual reality with the real world. you can navigate it's apps with your eyes, hands and voice. it promises the ultimate personal theater experience for about $3500 per it is available in the u.s. but apple has not said when it will be sold internationally. >>> we want to take a look at...
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Feb 2, 2024
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first customers shook the hand of the ceo tim cook and it has been jam-packed ever since.t on the vision pro, you notice something different. it is not vr headset, this is aug.mented reality. it is putting when i say high resolution, most extraordinary resolution you have ever put into your face. at first it is disorienting, then you get used to it and take it off, everything around you like your ipad or computer or tv feels like yesterday. i spoke with a guy who has been at every apple launch, goes by name jaws, is here, he said something interesting that is right on. as if apple reached into the future and pulled technology into today. here is what i recommend. 3500 is awfully steep. what i recommend is this is definitely the future. apple is behind it. spatial computer is it. book an appointment to do a free demo. nothing i can say on tv can explain why people are grabbing this. how it does long-term? we'll keep an eye on that one and review it. >> brian: one day we'll be walking down the street with these on? you can walk down the street and do it? >> you know the next
first customers shook the hand of the ceo tim cook and it has been jam-packed ever since.t on the vision pro, you notice something different. it is not vr headset, this is aug.mented reality. it is putting when i say high resolution, most extraordinary resolution you have ever put into your face. at first it is disorienting, then you get used to it and take it off, everything around you like your ipad or computer or tv feels like yesterday. i spoke with a guy who has been at every apple launch,...
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need worry about that beyond earnings he reports for this season, how much do we need to you know see time's augmented reality if that misses other are there fundamental issues that investors would look at with tech, as you know, sort of retren of into sort of cold war. >> great question we have to be concerned about china on different level many american companies tried to and an operations into u.s. back away slowly from china but a process. , china potentially could face a very o moment we should see, an oversold bounce in china in month to come but their economy extraordinarily weak, as to what degree that filts into u.s. they have helped some inflation come down dramatically the reasons why investors probably weren't paying attention that is a positive. maria: a do you believe that as january o the year you read through the number of years, in a actually when january is higher, the rest of the year does well but you also point out that equal wades standard & poor's, dow jones 2000 fractionally neck even though s&p gain for january. >> i think we need consolidate the 700-point rally f
need worry about that beyond earnings he reports for this season, how much do we need to you know see time's augmented reality if that misses other are there fundamental issues that investors would look at with tech, as you know, sort of retren of into sort of cold war. >> great question we have to be concerned about china on different level many american companies tried to and an operations into u.s. back away slowly from china but a process. , china potentially could face a very o...
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Feb 29, 2024
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during the annual shareholder meeting, tim cook said his company is pouring money into the technologydding that apple sees breakthrough potential for generative a.i. apple hasn't unveiled a competitor to gpt or gemini, cook teased a product for later this year. >>> wendy's pulling the plug saying it has no plans to raise menu prices during times of peak demand. this is after backlash comments from the ceo which suggested wendy's would test diynamic pricing, frank. >> that wasn't going to work for me. i appreciate him trying to float it out there to see what it was, but i'm not paying more for a frosty because it is 4:15. >> i'll wait. >> or go to chipotle. boom. i'm out. silvana, thank you. >>> turning attention to bitcoin and the rally showing no sign of slowing down. up 46% this month alone. take a look at the chart which is moving 3.5% higher right now. briefly touched $64,000 yesterday. we're now hovering below the all-time high of $68,982 which hit on november of 2021. add this to the stats the etf saw $520 million inflows on tuesday. joining me to discuss how far this rally can
during the annual shareholder meeting, tim cook said his company is pouring money into the technologydding that apple sees breakthrough potential for generative a.i. apple hasn't unveiled a competitor to gpt or gemini, cook teased a product for later this year. >>> wendy's pulling the plug saying it has no plans to raise menu prices during times of peak demand. this is after backlash comments from the ceo which suggested wendy's would test diynamic pricing, frank. >> that wasn't...
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and tim cook saying for the first time we do have a generative a.i. product coming to market later this year that probably means wwdc in june that was the biggest news that came out of the call it will have something to do with the evolution to siri i think investors might get more excited about apple being an a.i. company leading up to the announcement >> are you a believer that apple can have a step change with siri that rocks the business in the best way possible? >> i don't know if i would say rocks is how i describe what i think will happen. i think it is more of an evoluhe evol evolutionary process i would expect the generative version of siri to be an evolution. over time, it can evolve into something that is a significantly different product than what we are used to using siri for today that is a few years away that will not rock us out of the gate in june. >> how concerned are you with the china sales for apple? >> we have seen this before when warren buffett was buying the stock in 2016. we had the same story. it was china and the story is o
and tim cook saying for the first time we do have a generative a.i. product coming to market later this year that probably means wwdc in june that was the biggest news that came out of the call it will have something to do with the evolution to siri i think investors might get more excited about apple being an a.i. company leading up to the announcement >> are you a believer that apple can have a step change with siri that rocks the business in the best way possible? >> i don't know...
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Feb 14, 2024
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stuart: i don't see tim cook trying out the quest 3. he's not going to do that.there's no love lost between app and will google. lauren: i remember when the vision pro was first coming out. mark zuckerberg was positive and said i'm so hopeful that app criminal sell this thing because that'll get more people interested in virtual reality and augmented reality and boost our sales and get him closer to vision of the meta verse. stuart: going for that review, i think that's a good review. check the markets and green but not that much. dow is up 50, nasdaq up 83 points. i want to bring in angelo zino and right into nvidia. you cover it. it just passed google in market cams at third most valuable company in america, $1.83 trillion. where does nvidia go from here? what's your price target? >> well, you know, i told my target price is $700 and definitely surpassed that at this moment. we have a buy recommendation on the stock and our target price is under review. what we have repeatedly told our investors is that we think nvidia is probably the most important company out
stuart: i don't see tim cook trying out the quest 3. he's not going to do that.there's no love lost between app and will google. lauren: i remember when the vision pro was first coming out. mark zuckerberg was positive and said i'm so hopeful that app criminal sell this thing because that'll get more people interested in virtual reality and augmented reality and boost our sales and get him closer to vision of the meta verse. stuart: going for that review, i think that's a good review. check the...
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Feb 1, 2024
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commentary we all would like to get a little bit more color with tim cook and kcupertino. we look at what is happening on iphone and a broader situation in china which is the second largest market you reported that market share in china is good for apple there is a lot of hand wringing with china sales we expect re-acceleration in the next year or two in china with the apple growth that is a positive for the story. >> last, but not least, meta they kicked off the year of efficiency now spending has to accelerate how are you viewing that spending and ad business >> full disclosure we don't own meta. we don't own it for our clients. w we own alphabet. amazon is in digital advertising and doesn't get a lot of oxygen. there was a bit of re-acceleration for google the read for meta is we may see positive results with core digital ad spend looking broadly at the company outside of that where everyone wants to talk about meta everyone is seeing as an a.i. out front company. we will see what they have cooking there. ray ban glasses and what not not a lot of comments. we don't own
commentary we all would like to get a little bit more color with tim cook and kcupertino. we look at what is happening on iphone and a broader situation in china which is the second largest market you reported that market share in china is good for apple there is a lot of hand wringing with china sales we expect re-acceleration in the next year or two in china with the apple growth that is a positive for the story. >> last, but not least, meta they kicked off the year of efficiency now...
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. >>> ceo, tim cook, celebrated the launch of the apple store in new york, with about 200 people from all over the world. the wearable devices a mixed reality headset, blending virtual reality and the real world. apple says you can navigate its apps with your eyes, hands and voice. and it promises the ultimate personal theater experience for about $3500. it is now available in the u.s., though it hasn't said when it will be sold internationally. >>> thanks very much for joining us. we will have more news after the break. not just any whiteboard... ...katie porter's whiteboard is one way she's: [news anchor] ...often seen grilling top executives of banks, big pharma, even top administration officials. katie porter. never taken corporate pac money - never will. leading the fight to ban congressional stock trading. and the only democrat who opposed wasteful “earmarks” that fund politicians' pet projects. katie porter. focused on your challenges - from lowering housing costs to fighting climate change. shake up the senate - with democrat katie porter. i'm katie porter and i approve this m
. >>> ceo, tim cook, celebrated the launch of the apple store in new york, with about 200 people from all over the world. the wearable devices a mixed reality headset, blending virtual reality and the real world. apple says you can navigate its apps with your eyes, hands and voice. and it promises the ultimate personal theater experience for about $3500. it is now available in the u.s., though it hasn't said when it will be sold internationally. >>> thanks very much for...
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Feb 12, 2024
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>> tim cook have a nickname? >> just -- >> tim cook doesn't need a name.that navigates apple we believe into a $4 trillion market cap. >> thanks as always. >>> still to come this morning, some good news for millennials and gen-z investors when it comes to growing their wealth and jeff bezos making his first major stock sale in amazon in about three years. a couplebillion dollars worth. he may not be done. we'll get details on that after a break. oh, charades! - okay! - love it! umm... first word. - tonsillitis! - nostril! uh-uh... bill! uh-huh... - hip-hop! - limping! mmhmm! medical bills! uh-huh! - pancakes! - cash! who pays you cash when you have medical bills? grrr! no idea. [tapping] gap! the gap left by health insurance? who pays cash to help close that gap? aflac! oh, aflac! get help with expenses health insurance doesn't cover at aflac.com pictionary?! . >>> welcome back to "squawk on the street." despite all the headlines and millennials and gen-z falling behind, turns out their cumulative wealth is soaring. robert frank here with new details. good
>> tim cook have a nickname? >> just -- >> tim cook doesn't need a name.that navigates apple we believe into a $4 trillion market cap. >> thanks as always. >>> still to come this morning, some good news for millennials and gen-z investors when it comes to growing their wealth and jeff bezos making his first major stock sale in amazon in about three years. a couplebillion dollars worth. he may not be done. we'll get details on that after a break. oh, charades! -...
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you know, they call it tim cook's moonshot. will it be successful? it is a big deal and a big bet. >> i will not doubt the potential success of it, but i need more than just the hardware . we need to understand where we are going with a.i. and dean what's interesting? for the first time, i don't think analysts are afraid to downgrade apple anymore. that was something that was unacceptable. if you downgraded apple after an earnings report, it seems as the it is becoming more popular. i want to see where we are the next several days. >> malcolm, the analysts have learned the hard way when they downgrade apple because in many respects, it's near term bottom. 167, 169 not that long ago and there were haters all over the place, saying the chart looks terrible. what is going on with this company and its growth trajectory? has it stalled? what will happen here? it has roared back north of 185 and it sits right about that and has moved towards 200. how do you feel about this going into tonight? >> i don't think anything you said to this point on apple is inc
you know, they call it tim cook's moonshot. will it be successful? it is a big deal and a big bet. >> i will not doubt the potential success of it, but i need more than just the hardware . we need to understand where we are going with a.i. and dean what's interesting? for the first time, i don't think analysts are afraid to downgrade apple anymore. that was something that was unacceptable. if you downgraded apple after an earnings report, it seems as the it is becoming more popular. i...
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you have "vanity fair" dropping a piece about tim cook's so-called moon shot. what's at stake, isarat, for apple? >> what are the expectations for cash flow and for margins? especially with apple because we know the revenue is dropping this could be the catch all quarter to say this is where we're going to be and where we're going to go. for meta, i think really important. we've seen the story before. if zuckerberg gets on and says we've had a great quarter but because of vision pro i'm going to spend $10 billion chasing it, the stock will get hammered. >> you own apple obviously what do you think you need to hear from the company tonight to -- i don't know if there are any fears about holding the stock right now, why it's underperformed >> revenue drivers are you going to be a cash flow machine without any growth where are you going to see the growth service is being attacked especially in europe regulatory pressure. where are you seeing underlying growth you can trade on cash flow, but at some point your multiple comes down to a consumer staple stock. >> that
you have "vanity fair" dropping a piece about tim cook's so-called moon shot. what's at stake, isarat, for apple? >> what are the expectations for cash flow and for margins? especially with apple because we know the revenue is dropping this could be the catch all quarter to say this is where we're going to be and where we're going to go. for meta, i think really important. we've seen the story before. if zuckerberg gets on and says we've had a great quarter but because of vision...
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Feb 1, 2024
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cook's thought about it.one's worried about what happens. no one's just saying caveat emptor they are saying, meta culpa. is that okay he does talk about it. he's not, like, saying, jim, the quarter's great, shut up it's the opposite. very worried about it. he's got kids. >> no one really came out of there unscathed. tiktok, as you said, got some tough questions about his native country and passports and all kinds of stuff >> if you even go even for a second and imply that they have had any ties on this israel issue, they will just tell you, you're -- >> well, no, but there were months and months where we thought tic ktok was going to be shut down or have to come up with some sort of solution to meet the u.s. government's objections to the service from a national security perspective. that hasn't completely faded away bytedance is one of the most valuable private companies on the planet their owner. so, we'll have to continue general atlantic being one of the -- on the board. >> yeah. and by the way -- >> phi
cook's thought about it.one's worried about what happens. no one's just saying caveat emptor they are saying, meta culpa. is that okay he does talk about it. he's not, like, saying, jim, the quarter's great, shut up it's the opposite. very worried about it. he's got kids. >> no one really came out of there unscathed. tiktok, as you said, got some tough questions about his native country and passports and all kinds of stuff >> if you even go even for a second and imply that they have...
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Feb 1, 2024
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vision pro going on sale tomorrow so expecting to hear tim cook, who, by the way, graced the cover ofnity fair" today first time we've seen him wearing a vision pro in person or photographed like that. there you go, you see him right there. so expecting some color about the vision pro launch as well, brian. >> i'm excited, because tonight at 7:00 p.m. eastern, tune in. we'll have the vision pro onset. i'm going to throw one on and literally be on tv live. it's going to be like real reality, and augmented reality at the same time is it still with apple all about the iphone does icloud matter i'm paying apple a boat load every month for storage, apps, services, subscriptions, et cetera >> you are apple's favorite kind of customer, that's the services business which has in the last couple of quarters, showed some renew growth there's a lull coming out of the pandemic, as people were spending less on apps and services but that's kind of resurging again, brian, to your point. all the subscriptions that you subscribe to through the app store, apple gets a slice of every one of those subscri
vision pro going on sale tomorrow so expecting to hear tim cook, who, by the way, graced the cover ofnity fair" today first time we've seen him wearing a vision pro in person or photographed like that. there you go, you see him right there. so expecting some color about the vision pro launch as well, brian. >> i'm excited, because tonight at 7:00 p.m. eastern, tune in. we'll have the vision pro onset. i'm going to throw one on and literally be on tv live. it's going to be like real...
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and then tim cook, he did a big a.i.his year, but investors are unfazed, they're focused on china. flip the screen to amazon. this search is surge -- stock is surging right now on huge volume. the strongest profit at amazon in two years. all that cost cutting paying off. ceo andy jassy's moving the needle on e e-commerce but also on the clowned, overall revenue close 14% to $170 billion. last one, meta. they cut a fifth of taffe last year. ceo mark zuckerberg's zero of -- year of efficiency, it paid off. their profits trimmed in the last gater. they're paying out a dividend for the first time. look at the reaction. investors are, like, yes. the stock is up 16.5%. and then they guided for the current quarter, they said revenue at the low end will still be 20 percent% more than first thought. ashley: wow. impressive, indeed. lauren, thank you very much. let's get back to the markets again, about 25 minutes before the opening bell on wall street. the dow off 144 points, the s&p, as we said, flat. nasdaq up about four-tenths
and then tim cook, he did a big a.i.his year, but investors are unfazed, they're focused on china. flip the screen to amazon. this search is surge -- stock is surging right now on huge volume. the strongest profit at amazon in two years. all that cost cutting paying off. ceo andy jassy's moving the needle on e e-commerce but also on the clowned, overall revenue close 14% to $170 billion. last one, meta. they cut a fifth of taffe last year. ceo mark zuckerberg's zero of -- year of efficiency, it...
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Feb 29, 2024
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tim cook has been hinting at it. if you look behind the scenes, i think apple is a lot more involved in a.i. than the world understands. whatever happens in june, with the developer conference, i think it's going to take a lot of people by surprise. i think prices moving in sharply, to 75 a share. >> that's high where we sit right now, just above one 80. do you have a stake an apple? >> yes i, do i own it personally. my family does. and our firm continues to. >> got it. mike, when you look at a name like apple which has been an underperformer, we used to say as goes apple, so goes the rest of the market. that does not necessarily seem to be the case anymore. after the announcement, knowing that they're walking away from the car, but potentially putting more firepower into a.i., four they have driven a lot of market growth. you can use it as this market sentiment marker. >> i would say it remains to be seen. there are periods of time when it is hard to remember, when apple went sideways, and the market was up, sometim
tim cook has been hinting at it. if you look behind the scenes, i think apple is a lot more involved in a.i. than the world understands. whatever happens in june, with the developer conference, i think it's going to take a lot of people by surprise. i think prices moving in sharply, to 75 a share. >> that's high where we sit right now, just above one 80. do you have a stake an apple? >> yes i, do i own it personally. my family does. and our firm continues to. >> got it. mike,...
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tim cook had a big vanity fair cover story today where he appeared for the first, time we saw photo of him actually wearing the vision pro. big launch event for apple, starting tomorrow, the first major product launch in nine. years expect here a little bit of that during the earnings report today as well, tyler. >> three interesting, steve. stay with us as we bring in ben reitzes. then, the immediate concerns for apple have to do with iphone sales and demand, perhaps most especially in china. but perhaps a longer term issue here is, how does apple don the mantle of an a.i. company? and how did they make that their narrative? address both of those questions, if you would. first, the iphone sales issue and a second, day i question. >> iphone is the majority of revenue and profit, so it's the engine there. it attaches, obviously, huge amount of services. that's going to be the laser focus. the data i've seen is that the fourth quarter is actually not so bad. the concern is what is happened in the last month in china. is it deteriorating every week? why did they do the discounts? what are
tim cook had a big vanity fair cover story today where he appeared for the first, time we saw photo of him actually wearing the vision pro. big launch event for apple, starting tomorrow, the first major product launch in nine. years expect here a little bit of that during the earnings report today as well, tyler. >> three interesting, steve. stay with us as we bring in ben reitzes. then, the immediate concerns for apple have to do with iphone sales and demand, perhaps most especially in...
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cook and the executive team, apple understands that because. those costs have gone down. it's easier to do things in the open market. so fascinating about blockchains and web3 is that they promise to accelerate this process in ways that we haven't really experienced. so far. now we're going to hear from a bright young person on who has formed this thing called a dao with other university across the world. a dao is a thing that stands for decentralized autonomous organization. it's bit of a mouthful. i think a better term is a thing called a user owned network where basically anybody who is both a customer or a vendor or a partner or an employee of, a company can be an owner can parties paid and the value that's getting created. so if you wanted to start a new business today, let's say it was a software company and you wanted to offer it to people in 50 countries all around the world and you wanted to make it super easy for anyone, including your users, to be an owner. right? be great customer acquisition shout. customer acquisition strategy to
cook and the executive team, apple understands that because. those costs have gone down. it's easier to do things in the open market. so fascinating about blockchains and web3 is that they promise to accelerate this process in ways that we haven't really experienced. so far. now we're going to hear from a bright young person on who has formed this thing called a dao with other university across the world. a dao is a thing that stands for decentralized autonomous organization. it's bit of a...
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tim cook says pay for tomorrow today, i'm going to pay for tomorrow tomorrow when i need to pay for it. we've got charles payne right here, he's paying for everything. charles: hey, if the market goes like this, it's on me. keep it going, baby. don't ask me why or how, keep it going. [laughter] good afternoon, everyone.. i'm charles payne and, yes, this is "making money." breaking right now, tech keeps soaring. you've seen that before. jobs keep soar, or you've seen that before. so the mega win from meta, proving the naysayers wrong. is it too late to buy in and, by the way, where are the opportunities outside of tech? if don't worry, we've got you covered so grab a pen and pad. and what is next for the market and the fed? well, here's the good, great news, we've got two of the best on the street, diane swan and david rosenberg on the show today. all that and so much more on "making money." ♪ ♪ charles: all right. so the market taking off like a rocket, and it's on really a moonshot jobs report, but it has also left some clouds of confusion. the report certainly doesn't match up with a
tim cook says pay for tomorrow today, i'm going to pay for tomorrow tomorrow when i need to pay for it. we've got charles payne right here, he's paying for everything. charles: hey, if the market goes like this, it's on me. keep it going, baby. don't ask me why or how, keep it going. [laughter] good afternoon, everyone.. i'm charles payne and, yes, this is "making money." breaking right now, tech keeps soaring. you've seen that before. jobs keep soar, or you've seen that before. so...
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tim cook did say they might have a new, big announcement if regarding a a.i.hing that just blossoms into a real value-oriented play for the bottom line? >> well, you've got to remember this is not a value stock. the estimate's been coming down for over a year. pe's high, in the high 20s, and they've a got a much bigger problem with a.i., it's called huawei. so huawei, don't forget president trump cut off chips to huawei back at the end of 2019. they just launched a new phone with all, with chips excluding the u.s. huawei used to be the second biggest smartphone manufacturer in the world, and they're a gaining back a lot of share. samsung already has phones out with a.i. capabilities on them, and foldable category is doing actually quite well as they've sorted out some of the screen crease issues. so that's the real issue with apple. the a.i. stuff obviously, it's going to be just table stakes. every phone's going to have one. but apple right now is behind in having a.i. on their phones. liz: dan, do you see recession in the cards at all, really quick? >> the o
tim cook did say they might have a new, big announcement if regarding a a.i.hing that just blossoms into a real value-oriented play for the bottom line? >> well, you've got to remember this is not a value stock. the estimate's been coming down for over a year. pe's high, in the high 20s, and they've a got a much bigger problem with a.i., it's called huawei. so huawei, don't forget president trump cut off chips to huawei back at the end of 2019. they just launched a new phone with all,...