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and why it now comes with six months free apple music. dad, apple music. he gets it.e to update the bathroom but we wanted to work with a company we could trust. rebath gave us the bathroom we always wanted. call 925-233-6471 and save $1000 off your complete bathroom remodel ♪ >> announcer: for more "late night," go to latenightseth.com.nd and be sure to check us out on youtube and facebook. head over to itunes and subscribe to the "late night with seth meyers" podcast. you'll get "a closer look" and more downloaded right to your phone. [ cheers and applause ] >> seth: my thanks to sarah silverman, jason mantzoukas. oo fred armisen and the 8g band. stay tuned for "carson daly." we'll see you tomorrow. [ cheers and applause ] ♪ ♪ ♪ >> carson: hey, everybody. thanks for tuning in. it is "last call." i'm carson daly, and we're coming to you from a fine place called the flatiron room here in new york city. got a good one tonht

they did do apple music or try to do it a couple of times. ey have users, but it is not the reach of some of these -- leigh: anything apple launches they will have a ton of users immediately because of the embedded nature of the hardware, but when i look at it, and here's the biggest one, when has apple gotten any of the ai stuff right? siri is a disaster. joe: why? is it is culturally? leigh: here is the big thing, when you go to work for netflix and you are a stark developer, you are allowed to go to a ton of conferences, all of this stuff. that is where people want to work. google, thinking. when you go to work for apple, they allow none of it. you are put into a box like ibm and for 20 years you are thrown in a back room and you come out with something. that is not the case at apple and they have a cultural issue around really putting out high-quality products. the thing that eventually sinks itle, witches who knows when is, could be 10 years from now, is google or one of these other players comes up with a real good ai assistants, invente

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we think apple music is a subpar competitor in the category. rolls out more services over time, we think services and 2022ltimately by fiscal account for 22% of revenue. the kicker is these are internet software services. as the business shifts towards those businesses and away from thinkrdware business, we investors could be rewarded with a higher multiple. if that is the case, you are talking about a services business that could be worth yearper share by fiscal 2022. emily: we will be all over apple earnings tomorrow. thank you so much. coming up, the ceo of salesforce joins us, talking about san francisco's homeless problem and why he is supporting the controversial prop c. that is next. this is bloomberg. ♪ emily: it's less than a week until the midterms. in san francisco there is another issue on the ballot. on november 6, voters will decide whether to boost funding for homeless services through a special tax. it would only apply to companies with revenue over it could $300 million. generate $300 million in additional tax revenue per year.

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you have apple music, a third as many subscribers as netflix. ify trading at 25 billion, you have apple pay, volume three up it is growing faster than paypal there's real value they're internet, software styled businesses, a lot of leverage we'll see where gross margin goes going forward we think it is 50% of gross margin to services that's the opportunity. >> to that point what's the important metric to look at if buying this company for services zie do you believe in what others say about downloads? >> look, there are a lot of moving parts >> go ahead, tim >> i think the key is the growth in gross profit dollars, the ability to grow revenue. i think there's underappreciation for just how profitable services is i see some estimates out there where people don't get how profitable the business is i think by breaking it out, if you look at the comps that the business ought to be come ped t they trade 20 times earnings take it back to the phone business, you get the most, probably the planet's only recurring hardware business at basically a multiple

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(anunciante) obtén 45 millones de canciones con 6 meses de apple music gratis, solo en verizon.o lishtlisto para lociÓn deportes miguel gurwitz. >>> sÍ al ataque, y tambiÉn mÉxico luego de perder con argentina ayer la selecciÓn mexicana informÓ que layÚn y jimÉnez y memo ochoa abandonaron la concentraciÓn para regresar a los equipos lo que no harÁ que estÉn disponibles para el segundo juego. la otra baja araujo por lesiÓn e irÁn mier sera llamado en su lugar estÁ viajando para integrar a la selecciÓn mexicana escuchamos a memo ochoa. >>> bueno creo que, sirve no el juego para nosotros es tomar experiencia, jugar en argentina con la selecciÓn renovada con muchos jÓvenes, ayuda bastante no. estÁ claro que, que bueno no tenemos ahora el entrenador definitivo, eh ayudarÍa mÁs el tenerlo. pero bueno yo creo que, esto sirve para que los chicos que tienen pocas ocasiones de vestir la playera de la selecciÓn sumen minutos. >>> el tenista alemÁn zverev eliminÓ a roger federer, de esta forma el suizo tiene que esperar el tÍtulo nÚmero cien de su carrera. otra de las grandes sorpresas de e

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(anunciante) obtén 45 millones de canciones con 6 meses de apple music gratis, solo en verizon.ajamos con nuestros corresponsales para ver quÉ se cocina a esta hora por todo el paÍs y empezamos con california, donde uno de los platos favoritos es precisamente un platillo mexicano, marÍa paula. >> en california lo mÁs popular son los tamales, la familias se reÚnen para prepararlos juntos, dependiendo de la cantidad pueden tardar hasta ocho horas en hacerlos, los mÁs comunes son los mexicanos rellenos de carne de res, cerdo, pollo y para el postre con dulce de piÑa, se los comen en salsa verde, roja o con crema. >> en florida la reina es la tarta de nuez picana. esta tarta es deliciosa y ademÁs combina con todos los sabores que tendrÁn en su mesa para acciÓn de gracias con el pavo, la salsa y es una tradiciÓn porque esta nuez es de aquÍ, de estados unidos. >> aquÍ en texas ademÁs del pavo frito el dÍa de acciÓn de gracias no puede faltar el platillo mÁs importante, esta cacerola hecha con salsa de pavo y le ponen cebollas empanizoadas _. >> en el estado de illinois lo que mÁs se c

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and why it now comes with six months free apple music. dad, apple music. he gets it. . the music you love, on the network you deserve. switch now and get $300 off our best phones. >>> the national security adviser, john bolton, dismissing the idea that he should hear a key piece of intelligence involving the murder of the murder of jamal khashoggi. he isn't going to listen to the audio tape saying it's a suffering tape. today, at the white house press briefing, bolton was asked if he listened to the recording. >> no, i haven't listened to it. i guess i should ask you, why do you think i should? what do you think i'll learn from it? >> you're the national security adviser. you might have access to that sort of intelligence. >> how many in this room speak arabic? >> do you have access to an interpreter? >> you want me to listen to it? what am i going to learn from it? if they were speaking korean i wouldn't learn any more from it either. then i can read a transcript too. >> joining me is former director of national security intelligence and senior national security analy

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if i can play apple music on the four, five, six, 10 apple devices i own, it is a much more compellinged than in one device. selina: cook has said, unit sales do not represent a clear indication of performance of the company and are less relevant. factoring in to the forecast. is he talking about china? tom: didn't specify. tim cook talked to reuters. there. was discussion about emerging-market weakness also talked about foreign exchange, timing of the device, and concerns about whether or not they will be able to actually meet demand. there is always that perennial question about production. now the backdrop of all of this is the brewing trade war between the u.s. and china. apple have talked about some of their devices, some of their smaller products being affected and there is this general question over the economy about whether or not rising interest rates, trade war with china, are going to dampen consumer sentiment? heading into the holiday quarter. amazon had a forecast for the holiday quarter that came in lighter than expected. this is a big question about whether global econom

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they want without paying for the things they don't, and why it now comes with six months of free apple musici like popcorn. (joy) oh, didn't even ask. how dare you! (vo) this holiday, get the gift you want. the music you love, on the network you deserve. switch now and get $300 off our best iphones. 60% of women wear the wrong size pad and can experience leaks. you don't have to. with always my fit, try the next size up and get up to 20% better coverage day or night. because better coverage means better protection. always nothing. what u doin'? hey. ♪break through. ♪break through. cats would do anything for the irresistible taste of temptations treats. what are you doing? hey, check this out. temptations - cats can't resist. ( cheers and applause ) >> trevor: welcome back to "the daily show." my guest tonight is a contributing opinion writer for the "new york times" and author of "shrill: notes from a loud woman" and the new book, "shout your abortion." this is based on the movement she co-founded. please welcome lindy west. ( cheers and applause ) ♪ >> hello. >> trevor: welcome to the show.

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if you have apple music, getting the apple speaker sort of makes sense on top of it it's one of these where everything helps support each other within that ecosystem for apple. so that's why you will see a lot of apple talking more about services over the next 12, 24 months >> so the chinese central bank put out flashes, they issued their stability report, and it doesn't make you want to rush in and buy the shanghai exchange. stability of the system will improve but financial risks may surface in 2019. preemptiveness and flexibility of financial policies will further improve next year. we are resolving potential risks for china, but it's still an arduous task structural contradictions in the economic operations are obvious. trade frictions initiated by the u.s. are bringing negative impact to china, the global economy and financial markets. china was seen as the great hope, i think, for tim cook as potential strong markets for these more expensive iphones when you look at year-on-year sales, 16% as opposed to the 19% for the previous quarter, might china also be part of the reason why

iphone and replacement cycle but also things in its orbit, including air pods and max, things like apple musicnd other services is your belief the lengthening of iphone replacement cycle trumps all those other things in areas where apple is trying to move the needle the next couple of years >> yeah. i think look, tim cook's commentary on the earnings call is that we ought to look at it as grocery basket of products that we don't necessarily care what's in the grocery basket the problem with apple is the grocery basket has one thing in it, an iphone. it is a single product company it is very difficult to then say that with any degree of confidence that we should not be looking at unit volumes and not be looking at the iphone and i think investors will continue to try to focus on that remember, there's a lot of third party sources for that data. by removing that unit data, i think they may increase volatilityaround the reports >> i'm going to dig in to this further. i feel like ahead of the most recent earnings report we got, you saw the stock trading at higher valuation, relative to its histori

, maybe their highest businesses, their services, the apple care, apple pay, the app store, the apple musicn business growing by 30%. that's where it's shifting to. that's story i think musk is missing and a lot of shareholders also. >> gary, what happened to you? [laughter] you used to be the one that was so -- to me, apple is one of the more dangerous stocks to own right now. this, to me, is very much like microsoft or cisco was in 1999 and 2000. this was a stock that the no one questioned, everyone owned, it was value funds, growth funds, and today's move is really quite remarkable because apple had been really one of the -- this isn't any company, guys. this is 4% of s&p, it's 12% of the nasdaq, i think 6% of the dow jones industrial. as apple goes, i think so goes the nation, or at least so goes the stock market. >> one thing i'll point out, gary b., you mentioned the services business like apple pay and the music subscription service. revenue was up double digits, but it was growing slower in the most recent quarter than it has been recently. and then you start telling investors, hey,

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always late with katie nolan," which you can see on espn plus, katie nolan is here and then, she is apple music'sp called "i used to know her part 2." h.e.r. from the mercedes-benz stage. a lot has happened to our first guest since he was here last. rocky taught him to box and he used those skills to go to wakanda to fight the black panther and now he steps back in the ring with stallone at his side in "creed 2." it opens in theaters tomorrow. please welcome michael b. jordan. [ cheers and applause ] >> jimmy: good to see you. >> thanks for having me here. >> jimmy: it's got to be great. >> yeah. >> jimmy: how's everything? you look fantastic. >> thank you, thank you,thank you. >> jimmy: the suit is very snazzy. >> appreciate it. >> jimmy: i was here with you sitting right next to you. >> we were in the same, actually, seats. >> jimmy: over the summer. it was not on the air. we were pretending to be on the show. >> that's right. >> jimmy: you were in character for "creed 2." >> i was. >> jimmy: for a scene, a big exciting scene. some said was the highlight of the film. >> it was a high point, it

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