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tv   Squawk Alley  CNBC  September 17, 2014 11:00am-12:01pm EDT

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welcome to squawk alley for this wednesday. busy day as you might imagine. with us as always, john forte. first up the review of the new iphones. straight to walt who is the investigative editor from recode. and had several reviews last night. great to see you as always. >> great to see you carl. >> you said this was probably going to be a winner and it sounds like this is exact what happened. >> i actually think this is the best smart phone you can buy.
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and i'm unequivocable about that. >> back us through why. we've talked about size this morning but you focus on the camera and the battery. >> right. well, if you look you can see -- i hope you can see that size, first of all, what they have done, i think it is very important to notice this. they put -- and i'm talking about the standard iphone 6, not the plus, which is another whole category. but the standard iphone 6. they put a 38% bigger screen, which is a huge jump without even going to the phablet. but it is only 13% bigger volumetrically because they made it thinner and sleeker. it easily fits in your pocket. easily fits in your hand like your current iphone does. but you get a much bigger screen. i can talk about the camera.
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the camera has -- it is still 8 mega pixels but still to me the best of the standard phone ram cameras buzz they have a big sensor, a new sensor which focuses much faster. in my tests it worked much better in low light. and it is just a better ---en even better camera. and the iphone that preceded it already was i think the most used camera of any kind in the world. it also has a better stabilization and a bunch of other things. time lapse philosophy aotograph forth. >> reset the tradeoffs between ios and droid. of course the android phones say a lot of this stuff we've had on android for years. there are higher resolution, phones with bigger screens. some of the new software in ios
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8 and the capabilities in terms of sharing and things like that have been in some forms in android before. so why do you feel that the best iphone is the best phone now? and is it much better than android than you would have sate two years ago. >> great questions. first you are right. some of this is catch up. there are a number of things here, starting with the fact that apple has gone to big screens. that is a catchup. some of the features of the phone are catchups. but i think it is the way it is all put together. android is as you know fragmented. different manufacturers put different overlays over it. in particular samsung, which is certainly deserves a lot of credit with what they have done with their phones. but they don't, in my opinion they just don't get software. you open up your samsung and you are confronted with a spaghetti of software. yes some of these features are in there.
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they are pretty hard to find. they don't always work. here is a good example of software and hardware combined. the iphone, including the 6, has a very reliability fingerprint reader. it is in fact, as you know the key to their apple pay system for security. and there is a fingerprint reader on the samsung galaxy s 5. many my tests it works way less than half the time. so it's just apple has a history of being a little later than some others on some features but they tend to put it together better than other people. >> walt, they were a little later to the bigger size. but now 4.7. do you think that is the sweet spot for the standard issue iphone? >> you know, different people have different preferences. to me the fact that it is -- you got to remember the iphone at least in the u.s. is the most popular phone. and now they have taken the standard one, the mainstream
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one, the regular 6 kayla, and they have given it almost a 40% bigger screen without as i said bulking it up too much. so yeah, i think it is a sweet spot. i really, really liked using this. i was able to carry it everywhere, every pocket, every place in my car. whatever, that i was able to carry the smaller one. >> now, walt, we love you. but there are a lot of people out there who have criticisms of you, of all the gadget press that your apoll gists for apple. there that there has never ban product you haven't like. that you want to keep access to the company. what do you say to that is this. >> i understand that is out there. we have these tech theology group, these tech churches. and i certainly have seen some of that. but first of all, it is not true. i have criticized apple map, mobile me.
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a number of other of their products over the years. but the fact is i'm aimed at la looking at the average consumer. not the techy, not the enthusiast. and that's been apple's focus and they managed to do it right. so to me when they do it right, and they did it right here, i think it is right on the mark. and i don't apologize for my review this morning or any of the others. >> walt, it's great having you. thanks feedback coming on to talk about it. and it's what a lot of people are talking about today. see you soon. walt mossberg joining us from rico this morning. the reviews are in. just how massive the 6 plus is one of the reviews. what should apple unveil the help you carry the iphone around? tweet us and we'll get your responses later on. recode had a vine of someone fitting it in their back pocket. >> and previously walt had said
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talking into a phablet was talking into a piece of toast. so maybe a toaster or something. >> i like one review. she actually puts into a toaster. >> nice. one of the many big market movements is the big alibaba ipo. the road shows hits land s lond today. sima is live with the latest. >> hey, that that's right. here in london asset managers and hedge funds are set to be inside meeting with the top management with alibaba and jack ma. half an hour ago four range rovers pulled over here in front of this building and some of the top executives from alibaba we were told were coming in to meet some of the big investors from across europe. this morning investors were split into two teams. a red and orange team. so much of what happened in new york. now they are set to be coming tongt for this afternoon meeting
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here. investors said to be included. landsdown partners. aberdeen investment, among others. we're being told while there is a lot of interest, there is a lot of questions also that ground alibaba's ability to go outside of china. does visit a brand name that can resonate with customers in europe as well as in the west when players like amazon and ebay are dominating the space. from an investment point of view, a lot of investors that where he spoke to that were coming into this meeting said that alibaba is definitely generating a lot of excitement. not just because it could be the biggest ipo ever but we're talking about alibaba coming at a time when europe is facing its own economic troubles. low growth -- excuse me, slowing growth. low inflation, high unemployment. italy back in recession. and alibaba is being welcomed
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with both arms and it's being seen as a breath of fresh air. >> thank you very much. and peter teal sat down for a long-term interview with squawk talk this morning. he had explosive comments on the management at twitter. listen to this. >> twitter's hard to evaluate. it is -- they have a lot of potential. it is a horribly mismanaged company. the people, you know, probably a lot of pot smoking going on there. >> wow. >> but it's such a solid franchise that maybe it works even with that all. >> our own jim cramer responded to thiele a little later on. here is what jim had to say. >> i did not like those comments. i'll be honest. i think anthony know nodo is the best america has to offer by the way. army ranger. you don't get to be a ranger by being a joker. >> referring to the cfo of
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twitter. and thiele had other comments. he'll put a dollar in google before apple. and twitter was ethically. >> maybe he thought the west coast hadn't woken up yet. i don't know. early twitter investor tweeted this morning, i never met peter but he is so nasty and silly and wrong. no doubt controversy to face when he goes back. >> i think he was trying to to be funny. in california there is so much pot being smoked that maybe it was an endearing reference. you can smell it. trust me. but twitter has had a history of the management troubles.
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. he said costela was brought in to be an adult so to speak. >> and he also said i don't think twitter could do much better than costello. >> there was a piece saying costello was almost fired. and then it was kind of undone. so there certainly is a lot of management history here to criticize. and there is a lot of pot to smoke in california. so maybe he's putting two and two together. >> the team covered a lot. check out the website. there is a full dossier. and don't miss that. also a quick check on the markets. 20 points on the dow. s&p up above the 2,000 level again. and key event today is a announcement from the federal reserve later today. as the policy meeting wraps up for this month.
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the press conference by fed chair janette yellen at 2:30. where there could be a change in language or affirmation about existing language and the feds plans with interest rates and of course tomorrow we have the scottish referendum that we have been awaiting. also shares of adobe slipping after a third quarter revenue came in below estimates. the company also reporting higher operating expenses and weaker profit margins. adobe down nearly 5%. shares of sony also taking a big hit this morning. the company forecast an annual loss of 2.1 billion dollars. that was wider than expected. it also canceled dividends for the first time in decades after weaker than expected sales in mobile business. sony stock down 7% on that news. carl? >> unbelievable. as we've been saying, how many times can a single company warn about the same fiscal year. >> tvs they were struggling with. now phones. they are going to have to make tough choices forward. >> japan created a shame index
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actually for companies where they are ranked by margin and operating income. and sony actually got kicked out of that index recently. >> they would do that though. >> yeah. >> when we come back the ride sharing service that is competing with the uber with a big bet from alibaba, the co-founder of lyft. plus alibaba goes public on friday. a lot of u.s. companies have already been using it for years. we're going to talk to one of them later and stocks higher as we move closer to the alibaba ipo. could that change when it finally opens for trade? we'll explore that next. when fixed income experts work with equity experts slp
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welcome back to squawk alley. act vision shares moving lower on company's announcement it sold more than $325 million worth of games in destiny's new release in 25 days. that's biggest launch ever but seems to be disappointing investors after last week's announce it sold more than 500 million into retail the first day. bounced down a little bit. >> markets are continuing to move higher this morning ahead of the fed decision and of course the long awaited alibaba ipo friday. still need to get through in the next few hours. but hang on to s&p 2001 joining
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us is wedgewood partners. david wolf. manages the four star wedgewood fund. up 14% year to year. let me ask you how you think we are going to get through the next couple days if this language comes out that we're worried about. >> quick selling. folks tend to lock in gains. we tend to be more longer term. but even a whiff of the negative sentiment my screen will be red quick. >> do you believe as some bulls have called for a big momentum chase in q 4 all the managers under the gun for the year. >> they are under pressure. so are we. we are lagging year to date. but yeah we could see a little bit of a run towards year end. but we're looking more to next year actually. >> what do you see there? >> we're actually routing for a correction. we're sitting on cash and want to put money to work at better
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bargains, quite frankly. >> you are an investor in apple. we had comments from peter thiele this morning. if i had a dollar i'd rather put it in google than apple. do you share that view? >> we own both stocks. i think an underappreciated element with the return story with apple going forward, mo fo more years going forward is return of cash. over the last year i think they have bought back i think about 40 billion in stock. google has a different path. as a shareholder -- we've own apple nine years continuously. >> not a bad time to own it. >> i think so. it's our third largest holding. >> when you look forward to alibaba. are you going to be selling other things to buy into that eventually? do you hear about others doing that? alibaba coming is getting blamed
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for all sorts of things this week. >> we have heard about that. typically what we do with these popular ipos. we wait a long time. sometimes we'll wait years to get it at our price. and if alibaba is true great growth story for the next 10, 15 years we have plenty of time to get into. >> you use google as example of that. how late were crow. >> it took us about three years to get. in inevitably the companies are going to disappoint and we wait to swing at that pitch. >> alibaba needs some $22 billion in capital. regardless of how rebalancing it's expected. there will be some. others point to the russell and say that it's been so week since the middle of the summer maybe more portending something broader at foot do you share that. >> i think the momentum stocks
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have been on a tear and valuations are stretched and it doesn't take much for those to pull back. >> europe i see the dollar just hit a 8 year high versus the yen. i wonder if anything versus other developed market, europe or japan. are they getting cheap enough. >> the way we manage money. and we only own 20 stocks and most have international exposure. we're bottom up investors. we are not significant top down investors. even throw a diversity with 20 stocks and international markets all these currency movements in our view typically off set. so we are not taking a macro view of one over the other to manage our portfolio. >> interesting. i hope you come back. as the next couple days are going to be interesting. >> thanks. >> when we come back. competing with uber with heft from alibaba. the co-found oreer of lyft. we'll be back in just a moment.
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alibaba founder jack ma has been out thing the sites as a way for u.s. companies to buy into china. is it working for small businesses. >> for u.s. companies the appeal of using alibaba to sell their goods is easy to see. but for small business, reviews of the site have been mixed. take a look. >> for some kpa small companies selling products on alibaba had not been as easy as advertised. will willis listed had shirts he designs and manufactures for his company confrontational clothing on the site last year. he went to alibaba to get international exposure. what he got instead was an inbox full of spam. >> emails like we want to buy 100,000 shirts from you.
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we're ready to purchase right now here is our credit card. and it just turned out to not be true. >> alibaba founder jack ma out thes the site as a way for small companies to break into the global market. including this line from the company's recent road show. >> we help merchants and customers find each other and conduct business on their terms. >> willis says the international opportunities he's had have not panned out and some have even been outright scams. >> we took the credit card information and even a picture of their idea and it ended up being a stolen credit card. >> not all small businesses have had the same experience. for b 2 b wholesaler dollar days international sales have ticked up. ceo mark joseph say he gets about 80 new international customer a day through alibaba most of whom like doing business with u.s. companies.
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but for willis even the promise of billions of potential new customer is not enough to renew his contract with alibaba. and he wants to deliver one message to other small businesses. >> just do your due diligence, and be careful. >> now kayla, alibaba doesn't breakdown how many businesses it partners with the u.s. but does say chinese consumers have access to millions of the merchants globally and for many u.s. companies that might just be worth all the spam. kayla? >> thanks so much for that. and a really important story as we look at alibaba's business model ahead of that ipo. as we count down to close in europe. >> central bank action has spurred most of europe. $81 billion from the chinese into their banks and of course speculation coming out at the end of last night's session that the feds will be just at the margin less hawkish than some feared. it is of course the eve of the
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scottish referendum on independence and one country stands out in the red as you can see. the u.k. flat for the session overall when the rest of europe has risen. in broad terms and this is how sterling has recovered since those polls indicating it was too close to cal. in broad term the markets are not it would appear set up for a yes vote on independence tomorrow. not if you believe one of the biggest asset managers in cyclecycled scotland. the ceo of aberdeen. >> i think if there is a yes vote it will be a tough vote on friday. and then i think things are settle down. but it will certainly surprise the markets i think if there is a yes vote. they are not really prepared for it. i mean, no one has really prepared, as any contingency plans in place. >> i just want to mention one stock. basically said across the asia
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pacific region its luxury good sales have come to a halt because it has now declining sales in china and hong kong. other luxury goods players are in negative territory. and finally to kiev and to a video in the ukraine, a video that's basically gone viral. as the parliament voted to ratify an agreement with the european union to get closer ties and give special status to certain areas of the ukraine, this politician who was pro russian or is pro russian and part of the previous administration, who actually tightened the laws on antigovernment process was as you can see thrown into a trash can and essentially humiliated. not harmed overall i'm told. but you know guys it is amazing so social media and smart phones give you glimpses of foreign affairs in a way that you have
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never seen before. >> ab slew salutely. no context whatsoever. although that is interesting video. >> we know who he is. >> the co-found of lyft when we come back. and we'll talk about uber and the big investment from alibaba. and the review from the iphone 6 are in. one of the big take aways is just how massive the 6 plus is. what should apple unveil to help you carry it around? tweet us where your answers. we'll get to that later on in the hour. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you
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it is one of the most intense rivalries in silicon valley. uber and lyft battling for the ride share market. hey josh. >> well carl i'm here with john zimmer, co-founder of lyft. let's talk about this company. young company. just about two years old but you are growing rapidly. doing about 2 million rides a month. you are in some 70 cities across the country. talk to us about your plans for expansion. how many cities do you want to add in 2015. >> in 2015 we'll be adding over a hundred cities across the world. but what i think what is really interesting is that the story that's been told originally
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there is this 10 or $11 billion looking at the u.s. taxi and limo market. and that is what all these companies are competing for. when in reality 80% of seats on the road are empty at all times. driving is inefficient and there is a trillion market on what people spend on cars every year. with lyft they first use it. hey i'm going out. i don't want to be drinking and driving. then they use it, i don't want to deal with parking and parking the tickets and then maybe i'll it take it to work. when the newest product when you get a 5 or $6 ride the market is getting bigger and bigger. >> the ride sharing market in general. lyft, uber. some argue the technology you're offering is the ultimately pretty basic. connecting riders and jumpers. anyone can jump in. there are no barriers to entry. so what is your response to that. >> i think the argument is a
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really important factor. getting to about a 5 minute eta. enough scale that you can get someone a ride within about 5 minutes. i think it will plays out with other real world transportation spaces. where there will be a handful of players in each geography. there won't be infinite number of players because it takes significant capital to goat get to that 5 minute eta. >> tell me how you think about risk? a lot of young companies get tripped up trying to expand too quickly. you have marketing and there is a lot of pricing pressure in this market. so what are you doing to make sure you don't end up over extending. >> it was important to quick get out to all the major u.s. markets and in 2014 we are focused on getting to scale in those markets. and what we've done in the last three months is we've gone from a million rides to two million because of that focus. >> when we talk about the market, john.
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it's lyft. i uber. you are often compared and contrasted. how do you, john think of the difference between the services. >> i think number one we are extremely focussed on the customer. the drivers and passengers. we think of them as our two customers. and two i think it's important to think about where we came from. that's a demonstrates where we're going. lyft came out of zim ride that we started. it focused on the idea that 80% of seats are empty at all times. transportation is expensive and there is a massive opportunity to provide an alternative to car ownership. as you see us focus, we first focus on a peer-to-peer service where anyone with a car can become a lyft driver. that was the origin and where we'll continue. another way to think about if you think of the lodging space you have airbnb and hotel chains like hilton. and we're more similar to the
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airbnb and platform. and the affordable ride where everyone who passes our screen can be a lyft driver. >> it's interesting to care airbnb and the hotel chains. most would compare to the straight automotive companies. i there's been a lot of ink spilled about the so called rivalry. we akd peter thiel and i'd love your reaction on it. >> i do think uber is the most ethically challenged company in silicon valley at this point. there is always a question how intensely you are allowed to compete and uber is right at the line. i'm not saying they will get in trouble for it. there is a good chance they will get away with it. but i think they are pushing right at the line. >> john, as uber crossed had line in your opinion? >> we're focused on what we are doing. and we're focused on our drivers
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and passengers. and i think, you know, we are competing aggressively. but for us the energy should be put into having the right strategy. so from the beginning, the brand we built, the operating model we built is all centered around peer-to-peer transportation, the mass market opportunity, which is the low cost ride. >> do you think when you hear a comment like that from a an investor like thiel it. has some effect. saying we're growing ranks at a rate of 50,000 drivers a month. when you hear that do you feel you have to go hard owner the offensive. >> we are being extremely aggressive. again in the last three months going from 1 million rides to 2 million rides a month. we're growing faster than any player in the space so we are going aggressively but doing it strategically and the smartest way possible. >> so you don't think when you
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look at the market share uber has and the money they have raised you don't feel pressure to go out and raise more money at this point. >> we just raised in march $250 manager. we have the majority of it in the bank and a market like new york city, which we just entered a couple months ago it's now our third largest market. and it's a market they had been in for several years. so the opportunity is there. you know, when we're ready to continue to expand. but right now doubling down on these major u.s. cities, and doubling our ride growth in three months is the type of thing that we are going to continue to do. >> carl, you have a question? >> yeah john, you are making a great point about new york city which we're watching closely and the allegations of going after each other's drives and so forth. some supporters have said that borders on interference. i wonder if your lawyers said look we got to hit these guys harder than they already are.
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>> like i say we want toconsume. it is a competitive space because it is a massive opportunity. we are trying to find and alternative to the car. of course it is going to be very aggressive competition. and we are up for that. we are ready for that and like i said we're growing faster than anyone else. >> john zimmer. co-founder. thank you. >> thanks josh. joining us from outwest. >> check out what's happening with the rewalk robotics. the stock is moving lower aft the spectacular debut last friday. more than doubled since going public last friday. an israeli company that designs and develops exoskeletons for wheelchair bound individuals. the stock is currently down 8%. full of skept mitchell and optimism as well.
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live on power lunch at 1:00 right here. so carl we'll see if he answers some of those questions regard to what they do and just how was they can grow into that kind of valuation. back to you. >> thanks. more moves at microsoft from new board members to new possible layoffs. first rick, what are you watching this fed meeting and statement just a couple hours away? >> you nailed it. we have to decide what is going to be in the statement. many traders down here aren't necessarily happy that we're going parsing words at this point post recession. but if you like it or not. it doesn't matter. if you have a position. the wording is going to make a huge difference. talking about that after the break. you just have to win 70% of your points at net. and keep unforced errors under 10%. on the ibm cloud, the us open analyzes 41 million data points
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coming up the markets are hanging on janet yellen's every word today. then silkal valley heavyweight and paypal co-founder thiel slam i ing. and what three things does the nfl need to to do get things back on track.
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all straight ahead on the half. >> more moves coming at microsoft just days after acquiring mind craft creator mo jang. company announced an 11% increase. also two board members replaced by kraft food ceo terry listal. and if that weren't enough. reports surfacing a second round of layoffs announced tomorrow. it has been a lot of news for microsoft in the course after couple of news packed days. >> all good stuff. i would say bringing on two board members of that maturity makes sense. the round of layoffs is part of the larger package they announced already. what they need the o to forward is lot of moves in enterprise. also they announced a new universal keyboard that works with iphones and ipads and other devices. this is a good move by microsoft doing what it does well. not sticking to the hide bound
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windows only approach. it probably portends well. >> thinking about rbc's call yesterday. initiated saying they got to get out of the first party hardware. >> argument to be made they will make more money out of universal keyboards or even hardware. especially when you tack on the nokia allocation. >> investor who is buy microsoft for the income, they are not necessarily happy with. does that strike you as something the company maybe wants to conserve more cash than otherwise. >> maybe it's dry powder. a new ceo. he's still figuring where he wants to spend. you saw him do his biggest acquisition yet. so we'll see what else he has coming do with that cash. >> quarter to noon. let's get to the group and -- >> there's been a group of
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traders on the floor that have been having a big discussion today in lieu of the fed meetings. and it is about what makes us feel better about the economy. and i think today's national association of home builders index was at the center of the discussion. if you look at the single family new homes running at a clip of around 412,000. back in '05 about 1.2 million. new family housing starts are about 565 thousand but running about 1.8 million back in '05. the point is we have the highest sentiment index, the highest feeling good since 05 with regard to housing at numbers that are significantly lower. that speaks volumes to the economy. there's no doubt there's been dramatic improvement but maybe most of the improvement is how we look at what's happening today versus the prism of where we've been. we could argue whether it was
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new family, single family starts, all the housing metrics prior to '08 were a bit foe. i understand that. but it doesn't explain the issue of how much lower yet how optimistic we are. therein lies if you are trying to handicap the statement today, i think the keyword should be dovish. i'll tell you why. let's look at area we've seen improvement. that is the unemployment rate. it dropped to about 6.1%. we all understand the labor force participation issues and so many stories have been written. for my sense about half of what is going on with that drop can be explained with dom graphics. i think a good portion is that many that were laid off after the crisis just haven't been included in the labor force and don't really have opportunity to get back into it. having said all that.
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why am i saying dovish? because if the federal reserve lit mistest or one of the litmus tests was inflationary pressures we saw they aren't building. i would look for the fed to continue to air on being too easy rather than too tiesmgt tight. for one reason. they are not being penalized for doing it. the final picture and final analysis is yet to be drawn. >> just a couple hours left and we'll have an answer to that. thank you. when we come backic alibaba and small business. why one california-based company is calling the wall street darling its golden key to success. ♪ ♪
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welcome back. alibaba has had investors and analysts on their toes awaiting the most invested ipo on wall street. dozens have investors have popped up and thrived as a result of jack ma's ambitious shopping sprees. what about the effect on smaller merchants? california based start-up 100 based pure cosmetics has been using them for years and the founder swears it is the golden key to success. rick costic. good morning. >> good morning how are you. >> doing well, thanks.
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you sell your product, lotions s shampoos, cleansers on amazon. walk us through starting with alibaba. >> we started in 2005 when we started our company, 100%. we were wondering how to source packaging and ingredients. and the only thing available was really brokers. and i started searching online for ingredients. i was doing bulk packaging. we wanted to buy organic lavender and you couldn't really find anything. and then i found alibaba back in 2005. and it all of sudden opened the door to all these factories and farms. and i've sourced things. you know, most of the packaging in the cosmetic industry comes from china. but we also used alibaba to source around the world. finding organics in liberia.
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lavd ner france. vanilla from that hahiti. it opened up the door for us. >> you make it sound so easy. what was the effect on the business that was noticeable? >> the number one effect is when you work through brokers you are typically working at higher costs. they will charge two or three times what you can get as a price working straight with the factory. that was one thing. it reduced our costs. because we make the purest cosmetics in the world but we make them affordable and one way we were able to do that is getting the packaging costs lower by working direct with factories and ingredients by working direct with the farms. and alibaba gave us that capability. >> one of the main concerns people have about alibaba is fraud. how are you able to tell whose offering the real product they were advertising? and who wasn't? and when you offer products for sale on alibaba do you always
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get legitimate response? >> that is a great question. we use alibaba more for sourcing than selling. the alibaba group has some other options available us to that we're exploring to help us sell. in fact china is a huge market. and alibaba is working to help us enter that market in a big way. which i'm really excited about. and to make sure that when we buy something because typically you do wire transfers and your money is gone. when you wire to a factory f that factory is fake your money is gone. but alibaba has a lot of solutions on their website where i can see the inside of a factory by going to the page. they will have video. they will actually go out and audit a factory and i can see the report. i can see how many employees, what each employee does. i can get references from other customers if i ask them for it. and they certify companies. >> so rick we need to go. but quickly, have you had any issues with quality control in your materials and dealings with
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alibaba? >> not really anymore than we would have without dealing with alibaba. >> okay. >> of course working with factories you have quality and always improve over time. but nothing due to alibaba. it's really just working with the factories direct. >> i know it is annings on ingo of small businesses look into at one point in time so we appreciate your talking with us. >> thank you. >> one of the big take aways is just how massive the 6 plus is. we held it on set this morning. it is big. the big question, what should apple unveil to help carry it around. tweet us. and we'll get your answers after the break. they're custom made trains.
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you can't get any better than that. siemens trains are not your grandparent's technology. they're something that's gonna change the cities we live in today. i find it so fascinating how many people ride this and go to work every single day. i'm one of the lucky guys. i get to play with trains. people say, "wow, we still build that in the united states?" and we say, "yeah, we do!"
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join the scientists and engineers of exxonmobil in inspiring america's future engineers. energy lives here. squawk on the tweet. reviews are in and one of the takeaways is just how big the iphone 6 plus is. we've been asking what should apple unveil to help carry the iphone 6 plus around? joseph writes, easy. apple bottom jeans. and is that your iphone 6 plus
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or are you just happen happy to see me. >> it doesn't answer the question but it's fine. steinberg was first to say i this we are all going the need bigger clothes. >> i'm not doing it. it's too big. i have an ipad. i don't need something in between. >> you don't need the happy medium. >> i don't. but reflecting on the supporters and so many other phone manufactures have a hard time even getting a million in sales in a month or two. it really seems like this market has kind of congealed the way the pc marketed by with apple trying to gain shares and couldn't. >> we're going to be carl in some apple bottom jeans. you want the plus. >> yeah i think so. we'll see. i haven't made up my mind. this is a work phone so it is not entirely up to us. i thought mossberg's big point was a lot of fans of android watch the show and are very vocal. you look at the some of the bugs
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that have been sticky and some software services that android has and apple doesn't. >> the numbers will be fascinating to watch. in the meantime the fed meeting and statement is coming up. wap ner is going to get it us through the next half hour on the half. >> we have breaking news regarding the nfl adrian peterson and dominick chew, nike. >> nike again in the head lines. because they have suspended their contract with em battled nfl star running back for the minnesota vikings adrian peterson. adrian has been charged with certain certain elements of the injury to a child. the statement from nike, nike in no way condones domestic abuse or

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