million plus wireless hear and china, apple shares have dwindled. domesticvo and competitors outselling the more expensive iphones here in china. i think china is number six in the smartphone market here. that is what you have seen. the other players have caught up and far surpassed apple apple has not done the china mobile network. for china mobile, this a big move. theasically removes competitive disadvantage it had to the competitors like you to, and telecom. unicom and, -- china telecom. this is a higher-margin product. bernstein analyst noted earlier if itor this apple deal comes through, it could be potentially negative for china unicom and positive for china could and some commerce migrate to some customers could migrate from telecom or china unicom -- some customers could migrate from telecom or china unicom. they said they are moving beyond trials. they will roll it out in 16 cities. that will coincide with the unveiling of the iphone on their networks by january 17. that is a target date. by christmas, people can register online to get thei

fantastic, and i went out and bought apple and i bought a lot of apple and i read in a magazine reporte stores are, and that by apple you weren't owning a technology company, you were owning an reit. i had exposure to real estate and didn't want more and i sold apple and a lot of it. >> oh, oh. >> and now in the previous segment you had to rub it in my face? thanks a lot, stuart. stuart: so sorry. will you ever come back to new york? >> be delighted to. stuart: tres knippa, thank you for being here. >> you bet. rehitting the breaking news from detroit. reiterate this. the big news, the bankruptcy judge rules pensions can be cut. a huge victory for the city, a loss for pensioners, no word how much the pensions will be cut. that comes later when they formally file for reorganization. more varney after this. >> coming up on lou dobbs tonight 7:00 eastern. do you still want to fix obamacare, really? a doctor joins us to tell us what really needs to happen to improve health care and access to it. so much for obamacare. join us tonight at 7:00 easte eastern. stuart: all she wanted was to sel

so we're looking for that contrarian position and apple stands out to us. apple is the one where $1,000 is most achievable because it's the cheapest stock right now. >> now, mike, as an constitutional money manager you don't care what the actual price tag for any one stock is, right? that doesn't turn you off or on why? >> no. it doesn't. i want used to be lower prices you could buy round lots and so on and that was an important part of the market dynamics and mechanics. price is almost irrelevant when you buy shares almost even for retail investors. buy five shares of apple and doesn't cost you any more than 11 h100 shares of apple. no question apple is the cheapest. the problem is apple is also the largest by market capitalization. i would go with some of the companies there that are smaller. i don't know the market cap on all four of those but chipotle is growing reasonably quickly and a smaller market gap than apple. how much head room do these things have to grow. i would think a retail chain like chipotle could get there at least effectively doubling t

and apple have joined forces. ws the government has gained access to some of the secret servers. in an open letter, they called for the white house and congress to reform surveillance laws writing "we urge the u.s. to take the lead and make reform to ensure that surveillance efforts are restricted by law in proportion to the risk and transparent to subject of oversight." earlier we spoke to michelle richardson. a legislative counsel where she focuses on cybersecurity and government transparency. emily started by asking the letter was more of a political statement said the companies have cooperated in the past. >> what may have prompted the new movement is the recent revelations in the last month is they are not serving the companies with court orders, but they are hacking into their systems overseas where our laws do not apply. it may have pushed him over the edge to get involved. >> the people who run the companies are powerful people -- mark zuckerberg, larry page. google accounts for a large part of the united s

johnny-come-lately, that is the largest public pension and apple shareholder is describing carl icahn. he is called a rater trying to discourse cash. i'm ron burgundy and i will read anything in the teleprompter. it seems the anchorman has been everywhere, lately. he has the viral marketing blitz, a new business of buzz. breaking news and a new name emerging in the microsoft ceo search, the board considering qualcomm ceo steve mollenkopf. we don't know yet, but one candidate who may be fading is ford ceo mulaly. there were concerns about his lack of technology experience. they want a new ceo, ideally, before the end of the year. tom giles, good to see you on the east coast. >> it is like bloomberg east here. >> this is a big deal. they are busting the phones to find out what they heard, tell us about it. >> it turns out we found the name of the person, he is the coo of qualcomm. a well regarded company and has done well in terms of the stock price and growth. they are a leader in wireless technology, specifically the chips that a lot of phones you and i use. microsoft has had an area

there were revenue differences between china mobile and apple. those differences have obviously been resolved. the iphone is going to go on sale in china mobile as of january 17th i think it's the date. >> this incursion news for apple. what about china mobile? deal removes the competitive disadvantage they had a drawing in the high-end users. those who can afford to pay more for the iphone. they have close to 800 million subscribers. all of them not going to be migrating to the iphone but if they can get a 100 million, that is a huge thing for china mobile which is already facing perhaps the first drop of decline in a decade because higher subsidies and cost of 4g rollout. getting the higher margin iphones in the mix is positive for china mobile. >> thank you. let's look ahead. of european banks. the industry has risen 23% and year measured by the euro stoxx. for a look at the prospects of banks in 2014, let's bring in senior banking analyst, bloomberg industries has 140 analysts who provide research and data on a 100 industries. john, good morni

reforms is is is packed this is, but that monitor says apple has been uncooperative andas made executives like tim cook unavailable for interview. he said the company has failed to turn over documents or make executives available. apple has been fighting every step of the way. apple accuses him of acting in an improper manner, saint have been overbilled and refused a claim that they're keeping key personnel from interviews. a request for comment from apple has not been returned. i'm joined by a bloomberg contributed -- contributing editor, nicholas thompson. i read over this complaint about an hour ago and it's just fascinating. he's saying that apple is pushing back in every possible way. >> apple is pushing back in every possible way as the complaint says. apple has the argument that he has overstepped that they expected from a court-appointed monitor. appointedoment he was to oversee the settlement, he has resisted trade he's being paid $1100 an hour. apple's overall view is that they should not have lost this case and they are resentful there is this guy coming in, m

killed in china by work and china mobile the apple could kill millions of october two thousand fourteen. of course to the article. many american analysts predicted the hype until three years twenty ten million next year. for jack and predicted the number would be more than seventy million and was made into scientific information that the pill can reach thirty nine million a year the article stated that the lord carey in the world china mobile the huge number of customers now. gotta show them off the growth of china mobile's uses range from four to five million. add the large number of china mobile users have great interest i from prada. accord to the article. i've lived in china mobile will support the three g four g networks the hi fi mobile service that show but hopefully over more consumers. the chinese market and product as a result. the greater china market has now become the second largest market for apple world. data showed that in two thousand thirteen kelly greater china to about twenty five billion dollars about fifty percent of i

it is not just google and apple that want a piece of the technology future. 4.5 million cars on the road are equipped with its processers. while sophisticated dash ford control panels and voice activated commands will keep improves, experts say it will sometime before your car is rolling down the highway fully equipped with some of this technology. >> what i think will be the limiting factor here is not technology and not even the car manufacturer's ability to deliver the product quickly. it will be safety concerns. >> still, apple, google, and the chip companies all know they can't afford to miss out on the potential of the really smart car as our vehicles become the mobile devices of the future. josh lipton, silicon valley. >>> and still as 2013 winds down we take a look at some of the most influential people of the year. julia borston has more. >> reporter: in 2013, reed hastings redefined television with exclusive shows streamed over the internet. starting with "house of cards" which debuted in february, and horror thriller, hemlock road, and comedy drama, "orange is the new bla

i think you should be considering caterpillar and apple. think the future is brighter for these two companies than anybody wants to admit and it's time to bet against the negativeness with these two stocking stuffers before the holid holiday's over and the new year begins. can i go to michael in new jersey. mike, mike, mike! >> boo-yah, professor. >> well, thank you. >> merry christmas and happy new year. >> same. >> i have's question about aruba networks. >> ooh! >> what to do with this? as soon as someone hearsay something about that they think of cisco. anything with an affiliation with cisco. even krifk on, it just goes down and i think that it is part of that even though it isn't, even though it shouldn't be. santa, baby. i've got stocks under your tree. cci, what an opportunity. ge did nothing. google, yeah, i know, it's fine, but i don't mind it. bank of america up big yesterday and kind of cool today. these are all great stocking stuffers and let's add to them. ciena down a dollar today and i want to be a buyer and caterpillar caterp

but how will this help apple in china as they battle lenovo and samsung? my guest helps google set up chinese operations. good to see both of you. how big a deal is this? >> good to see you. it is a great deal for apple. finally, they will be able to get access to china mobile's 759 million subscribers. the problem is, a lot of analyst of the to realize it, only about 20% of their subscribers actually use three g. the vast majority still use the outdated two g service, so it's going to be very difficult for apple and china mobile to convince hundreds of millions of consumers to leapfrog and skip over using three g and go straight to the 4g system. it must work on a 4g. it hasn't really been released yet. they are hoping the technology will come out by the end of the month in the inner ring area. that would be like saying you can have four g services in downtown manhattan. in greenwich village. a lot of consumers will take a wait and see attitude about whether the system is stable because china mobile has been criticized and whether prices on the data packag

has risen as a result of the track the normal price and apple picking and the delicate apricot. cover the cheapest price for special christmas eve apple and a dollar fifty at that price one can normally buy at least three apple. a more productive apple can be built around three hundred us dollars each don't go wake of that money matters were talking that didn't work for china stated the view of time before then and by the monday by corporate capitalism and western philosophy for integrated in their mind the middle kingdom has always been affected by the outside world. you haven't done that that the kid that i can control but compare images to reinforce the thought of thousands of years of history the country famous for trade outlook on the tube i would dare to stand out in force today there are hundreds of thousands of foreigners working studying or just residing in china. reporters can play in the country has changed the legal shopping planned to open up in the early nineteen eighties the many that didn't need a good thing. foreigners are still called la la which is all about.

apple as well and also foxconn part of that. japan is closed. u.s. gdp better than forecast. more details on what is happening as far as asia-pacific stocks. let's get back to our top stories. apple finally signing a long- awaited deal to get iphones sold through china mobile. stephen engle is our china correspondent and he is in beijing. this is a long time coming. it is a pretty significant deal as well. x years -- six years worth of negotiation coming to fruition. accessll give apple to -- access to customers on china's biggest wireless at work. china telecom corp. the china apple have been offering since about 2009. telecom has offered it since march of last year. the big stumbling block for apple and china mobile has been mobile's insistence to have apple make a handset that could be used on the homegrown technology that china mobile was forced by authorities to use. 3g network. no other carriers globally have adopted china's own homegrown platforms and apple had resisted up until now. china mobile always the big prize for apple. it has 760 million wireless subscribers, 6

and silicon valley turns its attention to style as the players like apple and facebook commission the first -- the world top architects to design new headquarters. >> worst to the lead, facial commission technology could be that -- one of the next big things from facebook to walmart, and they are working on it did not only some technology getting closer to widespread use, it is also getting closer to government regulation. starting in february, the u.s. commerce department will hold meetings with industry and privacy advocates to draft a voluntary code of conduct for facial recognition products. scanning -- agood good scanning faces for ads. cory johnson is joins us from new york. >> it could be really big. in some ways it already is, but we are starting to see as processing power goes way down, and security concerns go way up, a lot of people look at this as a way to solve a letter problem's. i think in places where we have seen it, and government security that actually use this, like in las vegas, where they do not want people counting cards when they have used facial working knowle

apple would have to repatriate back in the united states, pay higher taxes, and if they do debt financing they'd have to pay, of course, the bond yields on that. but analysts are saying that apple needs a cash horde to improve customer service, to expand in the way of factories and for growth in china among other things. sending it back to the you. cheryl: well, i would like to see them make a plasma television as well. and the watch, where's the watch? liz macdonald, thank you very much. >> sure. cheryl: let's get to lauren simonetti on the floor of the new york stock exchange. she's got some of today's most notable movers. mickey mouse, car tires, where do you want to start. >> >> let's start with disney, cheryl, because it's a momentum stock today. it did get an upgrade to buy at guggenheim, several reasons, frozen, the movie, doing really well at the box office, in fact, best since the lion king back in 1994. disney leading the dow today, up 2.2%, also leading the broader market, leading the s&p 500. and most of the day's gain on the dow is because of a positive contribution from disn

apple will begin selling the iphone 5s and 5c in china on january 17th. get to josh lipton with more on this deal. josh, this is the world's largest mobile market. apple needed to get this done and we have ink on the paper. >> that's right. you can see the reaction, apple bulls are excited and apple's ceo tim cook says he can't think of a better way to welcome in the chinese new year than giving an iphone into the hands of every china mobile customer who wants one. apple saying it will offer the iphone on china mobile's network january 1th. why all the excitement? because as you mentioned, china mobile is the world's largest mobile services provider, serving over 6760 -- 760 million customers. no information on what the iphone will cost with the china mobile contract. analysts on wall street this morning already busy crunching numbers on what that deal could mean for apple. gene monster at piper jaffray says the deal could mean another 1 million more iphones sold in 2014. and the team at rbc he says they think it could add $10 billion to apple's top line a

we've got a new battle ground for the two biggest names in tech, google and apple. the car is their battle ground. they're teaming up with the car people to develop in-car entertainment and information systems. polygon's people are here. >> to fill-- facilitate when you're in the car and they'll be running this. and the phone will go to the companies and all of that money will be there and once you have the car you're stuck with it and you have to use whatever relationship they've developed with the company and it's a huge deal. stuart: so they're working with the ford company of the world and the general motors and chryslers and everybody else, i take it, to lock in their products into that car. >> and they've already made those relationships they've started so audi is with google and mercedes is with apple. >> yes. >> so it's already splitting up. >> so they're moving further ahead of the field essentially and locking in. >> the headline is to make your car the ultimate mobile device, the brains for the dashboard and not just to get maps, but also your apps on your

house urging president obama to rein in washington's global surveillance program google and yahoo and apple and many others have suffered severe reputational damage since it emerged that they were all in one way or another complicit in n.s.a. spying but former cia officer ray mcgovern thinks this is just a p.r. stunt. i think the internet executives are crying crocodile tears they've made a lot of money out of encipher in their their establishment and then a permitting the united states government to get trapdoors behind it they're losing business that's the name of the game for them and so yes they'd like to have a sensible rules to make it easier for them to do business particularly overseas but it's long since time for them to speak out about violations of the fourth amendment. the n.s.a. aims to make all individual privacy a thing of the past at least that's what the journalists who first released edward snowden's data leaked thanks at r.t. dot com we've got the full details of his address to an inquiry on the matter in which he says politicians are refusing to budge from till they them

and that is mining. everything else traded higher. today, it is all about the financials. that's begin with tech. applepliers here in europe and arm holdings is the key one amongst them. technology all driving higher this morning. finally, we see apple sign a deal with china mobile. swatch up .3%. 400 million swiss francs coming its way from tiffany after it won some legal the negation. they could be selling -- premier foods could be selling shares next year. >> thank you very much indeed. >> up next, the airline industry year next a skyhigh year. >> what is going to take flight in 2014? he was even a moment. ♪ . . >> will come back to "the pulse" live from bloomberg's european headquarters in london. here are bloomberg's top headlines. the amnesty continues in russia. vladimir putin has freed up -- ryan's members with another band member expected today. this is after former oil tycoon mikael khodorkovsky says he will work to get other prisoners out of jail. the imf is raising its outlook for the u.s. economy. managing director christine lagarde said there is more turnkey there in 2014. she credits the

i'm saying there is a time and place to buy apple. it is not right here. david: you're saying time and price is so low it could be months before it gets down what is your price target, 395? >> no, no. that is not my price target. my downside price target because this is resistance so i would look at support is somewhere near 500. david: okay. >> i would expect apple to retrace back toward 500. if you're an investor, that is where you're going to start looking at apple considering whether or not to make an investment into apple. i'm not saying apple is not going to grow. i'm not saying they don't have opportunities. of course they do. analyst just spoke, yes, he's right there are definite opportunities but you make money on stock price. if you're trader and buying apple at 572, i think you need to think again. if you're an investor and holding apple at 572, protect your positions because apple has propensity to decline from here on technical basis falling around to 500 before you look to buy it again. liz: john says 600 before 500. so

we were talking about premium pricing apple enjoys and stepping into china. le prepared to pay a places like china or in the u.s. for tech luxury? >> we are. thought thewe iphone might be cheaper. apple has clung to the premium end because it still exists. we were talking about the lumia having a great camera and making irrelevant point and shoot cameras. there is very little reason to spend a couple hundred pounds on a small camera unless you need the zoom lens. it does not mean an end to the camera. it means a boost to the lecture a -- a boost to the luxury end. camera that kny ills the lumia in terms of image quality. it is 500 pounds for this, a very good sensor and good lens. there will still be a market, sony knows that. sony has pioneered 4k. we watch a lot of movies on tablets, does that mean we do not want television at home? it just means we want more from our television at home, more can than what our tablet can do. you have 4k tv's. you have got cameras. if you ask what is my favorite gadget of 2013, i could not bring it, it is kind of expensive. o

and reaching an agreement in some amber. earlier i spoke to one of the leading authorities from apple and asked how close apple is to gettinghis he'll nailed down. >> from a chnology standpoint they have passed a big hurdle. we think something is going to happen in the march quarter. we thought it was going to happen in the fall. it is close is the important take away. >> what is holding it up? >> part of it is the technical things cory was talking about. another is the coverage, this new standard cory was talking about. it is hard for china mobile to do a deal with apple if they sell these phones and they don't work. they are trying to build a coverage map you see carriers in the u.s. talking about. they need to build that for china, so it's a combination that what we don't think is holding it up is an interest from china mobile to do this. we don't think it's related to price. we think there are technology hurdles that are slowly being overcome that are going to make this a reality. >> what's interesting is chinese users are going to have to get new phones, right? >> a will probably still have a dual standard, just like w

ultimately, this will be decided by long- term holders of apple stock and not raiders. e also said they were ready to stand up shoulder to shoulder, as was the case with david einhorn. apple did not immediately respond to a request for comment. carl icahn as well. >> apple has a ton of cash that they are not putting to use. a lot of shareholders think they should use it. calpers think about giving it back to shareholders? >> what and simpson says is that we like what they are doing. returning money to shareholders. carl icahn is late to the party. remember that apple has already committed to a large plan to return money to shareholders. that is the context on that, but to your point, here is a company that every quarter is generating lots of cash. you expect this story to continue to be debated out, but here is one large investor in apple with a different opinion than that of carl icahn. >> he owns barely .5% of the company, but it is nearly twice as much as calpers. insuring stuff there, john. >> .3% is what they're saying. >> between the two of them, they might have on

it's in everyone's interest to work with the port of san francisco, you know, with the construction and apple and they're new facility >> and a variety of other things. their integrity and we've established a stronger relationship we provide them with updates and vice versa. jim stayed on and met with additional clients. it was an extremely informative time and kret relationships with our key customers in the panic realm >> any public comment. i want to make a comment but thank you that very much for that informative report and helping to forge our relationships and we looked to accountability trips. i recall the trip to new zealand's and new zealand came here for the america's cup. i want to mention i've seen the are pier 92 artwork from the freeway it's beautiful and visible. i think it's something i hope to see more of those and it's exactly from what david told us it stand out and it's a beautiful piece of artwork i want to commend everyone it's and reality. thank you. >> thanks to david. any other comments commissioners otherwise >> just with respect to the installation and again, this h

what does this mean for china mobile and apple? >> it means a lot. ix years worth of negotiations coming to fruition. finale never gotten the link to the paper. that has been done. it will give apple access to customers on china's biggest wireless network in addition to already those using iphones on the competitor networks. unicom has offered the iphone since november 2009. four year head start. they have offered this since march 2012. has beentumbling block presumably over the homegrown cda technology. now it is domestically produced were jeanette soon -- see mda. apple has been reluctant so far to provide an additional handset. no other carriers globally have adopted china's own platform. this is a big break. china mobile is always the top price for apple. wireless0 million subscribers. 62% of the total users in this country. apple has seen the marketshare to the competitors. all outsell.vo, shall m they are higher-margin projects. that is what apple and china mobile are looking for. this is an important deal. this removes the competitive disadvant

stocks have been up for eight straight weeks and trying to avoid a down one as well and apple, the move continues there, quick look, there it is up nearly 2%. "power lunch" starts now. "halftime" is over and the seconds half of your trading day begins now. >> scott summarized the state of the markets today. the dow in a downswing. we have not seen this kind -- these kinds of moves down on consecutive days in a long time. we're going to focus on catch-up stocks. if you think the market has more room to run where should you put your money with the dow industrials down two-thirds of a percent. cancer cooperation and big money. cell gene teaming up on a half a dozen medicines. ankamed up 92% ons these deve p developme developments. u.s. education, failing grades for our schools. globally we are now on the lower end of the curve. below average in math and science. this is a competitive crisis for american business. why are we not succeeding here? what's being done to fix it? two leading people on the american education charge. first, though, to sue at the nyse. >> thank you very much. a roug

samsung accused apple of copying three technologies for tablets and smart phones. they include multitasking allowing users to input text while other applications are running. the seoul central district court said two of the three technologies can be easily developed based on those apple publicized in the 1990s and also dismissed samsung's claim that apple violated the patent for the other technology. samsung said in a statement it will continue to take the necessary measures to protect its intellectual property rights. samsung and apple are involved in a number of legal battles in various parts of the world. last month jurors in california delivered verdicts in favor of apple. samsung may be ordered to pay over $900 million in damages. some south korean media say samsung should revise its legal strategy following its defeat at home. that is going to wrap it up for biz tonight. let's see how things are looking on the markets. >>> protesters in bangkok are continuing their sit-in outside the prime minister's office, demanding the immediate resignation of prime ministe

and apple is ready to meet somewhere in the middle of road, i don't know this deal gets done i still think it's a major driver for apple. i'm worried they don't need ap tell way apple needs china mobile. >> that's a good point. we had a dust-up. >> it was rough. >> i just have to bring it up. one point today the stock was down almost 3%. it felt like a lot of that buying last month, it had to do with this anticipation of this deal. to your point, i think apple needs china mobile more than they need apple right now. >> i actually thought apple traded well when you consider the news. i think the circuit news on the iphone casings. they apparently are responsible for about half of the iphone 5 c casings. if you look at that as a read through into the next quarter and apple. >> that is a place people would have put much of today's move. >> that also overdone from the mix from the 5 c to the 5 s. there was a lot of chatter. i put pressure on the stock. >> last top trade here, social slump, names like lincoln and twitter, despite the big rally overall. i.t.

apple didn't offer discounts but gave $75 gift cards with the purchase of an ipad air and $50 gift card with the purchase of an ipad mini. best buy cut the price of the ipad air by $50. apple faces competition in this space. a consumer research company says apple's ipad mini was the top seller at walmart on black friday. the ipad air was the top seller at target but at best buy, microsoft surface came in first. still, scott kessler of s&p capital says apple's success on black friday could mean a stronger holiday season for the company. >> a lot of gifts were purchased for christmas and probably won't be opened for another few weeks. a lot of these products we think were probably bought for use now, and if that's the case, you're going to see people buying related accessories, software, content, apps. all those things will help boost apple we think throughout the month and holiday shopping period. >> reporter: apple stock surged higher up 46% from the low of 388 in june. apple predicted revenue in the final quarter to be as much as $58 billion after the strong showing on black friday and

it is a deal six years in the making and one the one -- and the one that steve jobs couldn't get done, but is apple now working with the largest carrier in the world, china mobile? and scardino joins the twitter board. has said he will not be leaving. he was a front-runner for the microsoft ceo. what does this mean that -- in the hunt for steve ballmer's replacement? ford's ceo alan mullally will apparently not be the new ceo of microsoft. he is staying through the end of the year with ford. have more on microsoft in a few minutes. but we are also following major news involving apple and china mobile. they have signed a deal to finally bring the iphone to the world's largest mobile carrier with a rollout coming later this month. this comes a day after china mobile will grant a license from the chinese government to operate a new network. jon erlichman is in l.a. following the story. we have been covering the potential for this deal for years. was this license all they were waiting for? >> there are a host of issues that played into why these two could not get on the same side. them.twork was one of

and apple is up another $3 at 563. they're tech bellwethers. ppearance, and where would you put your money apart from massive technology? >> i tell you, it's like all sectors are attractive, but it's finding the cream of the crop. auto sector fantastic. and home builders, i even like energy stocks. and people don't realize that electricity bills are at all time highs there, and the one that isn't getting any coverage yet. i like the coal stocks. >> it doesn't matter which industry you pick or what group you pick, look for the cream of the crop. the best performing companies and you think they'll do well no matter what industry they're in. >> particularly for the people who feel anxiety coming in late? >> have you had the best year ever? >> and we might have done better in the crazy heyday when stocks were going for 100 to 20 for no reason, but the best performance as well. we've had losers and also victimized by success and people want the ideas to go straight up and when they don't, they send me an e-mail, what's going on. stuart: your inbox is

and apple, taking a hit on the heels of that new. the investors are keeping an eye on any news regarding an agreement between apple and china mobile. they say the talks are still ongoing. remember, china mobile is, scott, the world's biggest phone company. back over to you. >> etch though, do-- thank you much, dom. >>> let's bring in a tiger cub, having cut his teeth working for julian rockets, tiger management. glen, welcome back. good to have you on. >> good to talk to you, scott. >> the last time you were on, you said you were totally out of apple. is that still where the position stands right now? >> well, we did get back into the stock. you know, i think in the last conversation we talked about them having great products and we're looking for companies with great products. queer quite excited about the acquisition of prime sense, which puts them into the video game business, and recently, we've been talking to the leading video game talents around the world and they're focusing very hecavily on the is platform, and they're trying

meaning no trains to and from the apple. some passages which a cold day and then found out that delayed flights were canceled i know i love you. the chaos has been caused by heavy rain and holly wings across a site that britain roads and eleven line a line that being flooded. motorists were stranded when bread is best that banks. some cars would just left abandoned. across the channel in britain the northwest bronx with a similar situation. due to heavy rain with the three of us that banks flooding times and villages seventeen departments namely in britain the ball on the eyes of the one hundred times the parcels are currently without power of the trees fell on power lines. it's estimated three days will be needed to get everyone back online site for some it's christmas by candlelight the northwest and spying in the province of galicia hind wings to penrith signs damaged property and caused power cuts across playing for the four regions are on the left but bill by when the basque country flights were canceled due to high wind

that monitor says that apple has been uncooperative and has made executives unavailable for interviews. in court documents filed he failed to make all kinds of executives unavailable. apple has been fighting every step of the way. in return acting in an improper manner. says they have been overbilled and refused the claim that they were keeping keep personnel from being interviewed. it has not been returned. nicholas thompson joins us for more. complaintscinating where the bromwich guy is pushing back in every possible way. >> apple is pushing back in every possible way. wase has anhe has overstepped t done by every single monitor. apple has resisted. they say that he is being paid too much money. he has unreasonable requests left and right. apple's overall view is that they should not have lost this case and they are resentful that there is a guy who was monitoring how they are behaving afterwards. >> they don't think they should have lost the suit. they are giving to this guy who was supposed to be monitoring their business practices. 23 ands reminded of the me case where a silicon v