for more on its transition to mobile, i am joined by the fo stacy smith.he first time that intel has rogen out financial details in mobile. why now? >> it is how we think about our business. it is how we organize the company. what is different about our business today is that we ship to a broad range of device is. we have a very healthy business. we did 5 million tablets in the first quarter. we have this healthy internet of things is this that is growing. >> everyone is talking about the internet of things. bought a wristband maker. the you wear a wristband? do you think these will be big? >> i have worn a risk and. i will not see the band because i will not say it on tv. businessnet of things is a sprawling business. it ranges from injured payment to devices in your house to devices and factories. there is a new category of wearables. we are part of the internet of things. we have done well over $2 billion. we are off working with customers in the wearables space. we are doing a lot of x or mentation. we are fine companies. i do not know how it will play

with intel's cfo stacy smith. the online travel agency also competes with google.will talk to priceline group ceo next. ♪ >> welcome back to "the best of bloomberg west." online travel is a crowded, competitive space. it is priceline's revenue that makes it the world. i spoke with priceline's group ceo darren huston. >> we are investing very heavily in mobile. just to give you an example, we did $1 billion a looking's on mobile. 2012, $3 billion. it is a very important channel for us in terms of acquiring new customers. it is also a critical part of the end to end experience. now that people are using tablets, mobile phones and other electronic devices along the whole journey, is giving us a great opportunity to enhance our product for our users. >> are you specifying for specific mobile's or apps? >> all five companies have apps for the ios platform as well as for android. we continue to evolve those products. they all have very high ratings from consumers. we have a ton of traction. mobile is not just about apps, it is also about web. we have very competitive mob

don't miss interviews coming up with stacy smith and michael ward in the next hour. >> today only, forne day only, like a groupon sale, google glass available to the public for a cool $1,500. the pros weigh on if and when google will see a significant revenue stream from this high-profile entry into wearable technology. >> you know, groupon or some sort of discount may not have been a bad idea, $1,500. all the same, mercedes-benz's new super car promising to go from zero to 60 in less than four seconds, and wait until you see what it looks like. mercedes-benz usa, a new first seen on cnbc interview coming up next. up next. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> crazy volatility day for the major averages. the dow all over the border, up 99 points at the peak and

new ceo stacy smith joins us to tell us all about it. ♪ >> welcome back to "the best of bloomberg westmily chang. intel's transition from pc to mobile is a sign of progress. the world's largest chipmaker reported a one percent rise in revenue. >> it is really how we think about our business and it is how we have organized the company. what is different about our business today is that we shipped into a broad range of devices. we have a healthy business in the pc, but we did 5 million tablets in the first quarter. we are fighting to win designs in phones. >> everybody is talking about the internet of things right now. you just bought a wristband health tracking device. how big do you think these things are going to be? >> i have worn a wristband. i try not to do that on tv. the internet of things business is a broad business. it ranges from infotainment devices in your house to devices in factories. then there is a new category of wearables that is emerging. it is a business that is well over $2 billion. we are off working with customers in the wearables space. we're doing a lot in expe

some granular discussions and data in the dirt with intel cfo stacy smith. will they hit the tablet goal of being 40 million of them this year? >> what is going on in biotech? we'll have the ski 6 ceo of a cord deyawn therapeutics. its stock is up 21% this year. liz: tell us what you think. is the biotech bubble here or time to go bottom fishing in the sector? when i say bubble, i mean bubble pop. tweet us @fbnatb. we would love to hear from you. ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. a research tool on thinkorswim. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've intro

i have always liked stacy smith the cfo talking about the second half being terrific. gross margins, get the magic number of 63. 60 this quarter. >> a lot of the discussion is, all right, the thinking was, you transition to tablets, margins take a hit. their view on margins for the year does not back that up. >> they said they're not afraid of the $200 pc, continue to see strength in the enterprise, internet of things. people are still thinking it's a pc play. saying the pc market has stabilized. if the stock handent run it would do much better like the bank of america situation. you could get a dividend boost down the line. the op ex dropping materially is very important. i liked the quarter. we don't fear the low end of the market, my favorite quote. >> i liked it. >> again, a point we've made many times, 3.36% dividend yield. which may be one reason why we've watched these stocks as we watch all the high multiple stocks get crushed, the dividend payers have benefitted. >> john fortt will have brikrzah on this afternoon. >> spend like a drunken sailor. >> okay. somet

cfo stacy smith joins us to tell us all about it, next. ♪ >> welcome back to the rest of bloomberg westransitions from pc mobile is helping company. the world's largest chipmaker reported a one percent rise in first-quarter revenue and a five percent drop in output -- rough profit. >> it is all about how we think about her business, and it is how we have organized a company. what is different about our business today and maybe a couple of years ago is that we ship into a broad range of devices. we have a very healthy business and the pc, but we did 5 million tablets in the first quarter and we are off doing designs and phones, and we have this internet of things business that is growing at a great pace. >> everyone is talking about the internet of things right now. you just bought a house band wrist band tracker. do you wear one? how horrible do you think these things will be -- help all do you think these will be? from in vehicle entertainment to devices that are in your house to devices that are factories. ese e are th that are developing out there. over $2iness is well billion. we're

tomorrow we'll have instant analysis and don't my interviews with stacy smith and michael ward.n the head of mercedes-benz usa unveils the new super car, brian sullivan. it can go to 0 to 60 in less than 4 seconds. kelly will join me here at the post 9 at the new york stock exchange. we'll see you on "closing bell." it's here everyday, for everyone. that's the power the power, that's the power of today. cleveland clinic. call today, for an appointment today. predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. >>> a >>> a somber moment. in fact we want to take you live to boston. one year ago ago the world stood still, bombs rocking. vice president joe biden is with the delegation of survivors and first responders at the finish line. they observed a moment of silence at the instant the

coming up on bloomberg television, stacy smith, intel. chief financial officer.this will be "bloomberg west" and after earnings are out, of course, after the bell. this is "bloomberg surveillance ." i'm tom keene. with me, adam johnson alix steel. grow the food is off this week. forget about bank earnings but let's talk about a real company that makes something tangible and valuable. >> i have not drank a coke since college. what about you guys? what r -- >> rarely. >> basically americans are drinking less soda. concerns about obesity and also sugar intake and calories. u.s. consumption for soft drinks is down 5% since 2000 and eight and diet soda consumption has fallen nearly 12%. this is a major headwind when coke report earnings today. it gets about 70% of the global sales volume from carbonated drinks and cocoa really targets 12 to 17-year-olds, pretty sad and brutal, and that is where we see the fallout. >> what does the sell side say? talk and not enough action. >> interesting you say that because coke has almost 50% of market share and carbonated drinks an

smith, too. so please join us next week. whatever the opposite of arachnophobia is, our first guest has it. on may 2nd, she returns as peter parker-phile, gwen stacyease welcome, emma stone. >> jimmy: is this something you would ever consider owning? >> this is something i didn't even consider existing much lis o less owning. it's so life like. it's really disconcerting. >> jimmy: it seems like real hair. >> is it david hasselhoff's m e hair? >> jimmy: i don't know if they collected it over a series of months. every hair has been individually placed. ever seen the story "never ending story." >> no. >> jimmy: it's a terrible movie, by the way, but the kid has a furry dragon that looks like something he won in an arcade or something. he rides around on it and i feel like this is my whatever that thing was. >> you want to get on him. >> jimmy: well, i actually did get on him. a and i felt like a poodle riding around on a german shepherd or something. really is something, though. he's very tight in the shoulders. i heard you're not feeling well. thank you for coming. what happened to you? >> thank you for having me. i have a bad cold. >> jimmy: you go