. >> max wolff, thank you very much. for market dominance in mobile payments is heating up.e will be back with the latest moves next on "bloomberg west." ♪ >> i am cory johnson. this is "bloomberg west." apple is not giving up. it is cutting prices on the ipad touch and a new ipod will cost just $200. apple is adding a rear facing camera and also making available more colors. its revenues have fallen quite a bit in the last quarter from nearly a billion dollars the year before. one paymenter method alipay is teaming up. it processes payments for chinese e-commerce giant alibaba. the global payments is expected to reach -- partnership, this the striped cofounder joins us now. stripe partnership, a cofounder joins us now. i don't understand it. can you coach me? >> for usure. alipay has had little attention given how large they are. hundreds of millions of consumer accounts in china. if you look at what stripe does, we make it easy for websites and mobile apps to accept payments. there has been this emergence of global companies like go pro, dropbox, mobile marketplaces all of