saying, hey, let's sell to apple? that company will be run by the ford family for the foreseeable future let's throw out the hypothetical -- do they buy some other legacy automaker there's enough capacity out there if you're apple, if you truly want to get into manufacturing, which i personally do not believe that's what the end game is here, if you want to get into manufacturing, there's enough capacity out there you first go to a company like magna. that's why the shares of magna are up they've had conversations in the past according to reports and they're likely going to be the first company that will work with apple in terms of at least initial manufacturing and then if apple says, yeah, we want to go down this path further, apple can find capacity. there's capacity all over the world. and you can find it if you want it or you can just do a green field somewhere and say this is what we're going to do so just to get to this point -- i hear this all the time, why doesn't apple buy xyz, gm, ford, fiat/chrysler. now t

rm goes, apple has an architectural license, so they use the arm instruction set, but it is the appletom design built on that set. apple has a phenomenal group of semiconductors. they are some of the best of not the best in the entire industry. joe: really appreciate your perspective on the latest news. our thanks to stacy ragson, . -- a bnalyst at a bernstein. lots more there. romaine: you have another show? joe: i'm sorry. i apologize. go check it out. romaine: great podcast. i listened to it all the time. caroline: how could you? traitor, dabbling with other cohosts. it really is amazing the diversification we're getting from apple. it feels like just today, tech is a big winner. the matter what, apple will continue to outperform. joe: is that a call -- will we roll the tape a year from now and say caroline's call from a year from now? caroline: no investment advice here. romaine: that is a nice back drop. robbins a -- robbins a blue. caroline: i try. the airbnb pulled it out of the bag. romaine: living large. "bloomberg technology" is up next. romaine: ted a great evening. this is

apple, oracle and first josh lipton on apple's road ahead and phil lebeau on the electric vehicle state. >> is tim cook ready to take the wheel of the auto market new reports suggest that cook and company could introduce a self-driving car in 2024 with its own breakthrough battery technology that would lower cost and increase the vehicle's range. it's easy to understand why cook could be interested in developing a car the auto industry represents a $2 trillion market apple boasts a strong balance sheet, deep pockets, a world class design team and proven ability to seamlessly integrate hardware, software, services perhaps some now think apple could up end and disrupt the auto market just as it did with smart phones and wearables on the other hand, there would be risks, no doubt the auto industry is a low margin, capital intensive business that's why some analysts covering apple think cook is more likely to openly focus efforts more modestly and narrowly for example, an autonomous driving system >> moving into cars seems like it might bite into profitability for investors. how do you thin

they allege that this is part of apple's plan to push apps and businesses to models that apple can take a cut from, such as subscriptions and in-app payments, which facebook says apple's update changes mean more money for apple and less free stuff for people now, with the prompt to opt out of all ad targeting, facebook says it would mean a return to more of a tv-style broad reach advertising. the social network says that would make it impossible for small businesses to efficiently reach consumers using facebook ads. they warn that small businesses saw sales decline by 60% when they couldn't use targeted advertising. facebook saying it's speaking out on behalf of small businesses, but it did warn that its revenue would take a hit in the coming year if it does lose personalized advertising we're reaching out to apple for additional comment on this latest pushback from facebook on its operating system changes >> julia, this seems like an escalation that facebook is pushing here maybe they have to because what apple plans to do strikes at the core of facebook's business model. but facebook

and why would apple want to get in the car business? what it means for the stock. we start off with a corner of the market seeing serious gains. quantum scape is up more than 500% since august. and today c 3ai is up. and fubo tv is up 130% what do these massive moves say where we are in the markets. dan? >> you just said a corner of the market i would say they cornered the market in euphoria you can tell me why it's different this time. i will tell you why it is no different than in 2000 which led to an epic crash because of bubble valuations. this is not just on the bankers. this is investors chasing this sort of price action which is not particularly natural for all intents and purposes you just mentioned c3. it's dot ai. you mentioned fubo that went public a while ago and this thing is skyrocketing, up 20% a day for the last few days. i have people asking me about these names. i can't keep track of all of them how they aremoving is not natural. it is a wave, a trading mechanism. there will be severe losses in all of these things. it is a game of musical chairs i

so perhaps it was a little too early to pick apple -- picque apple's interest and the timing wasn't rightapple tends to do things pretty well. maybe not the very first iteration of things, but it tends to do them well when it does them. design well and so on. is there a possibility here, a strong possibility, that apple could eventually give tesla a run for its money in the electric vehicle space which is going to burgeon any time now? reporter: absolutely. they've tried two or three times already to get a real tesla competitor off the ground, it just didn't work out. what i've seen, they don't have the talent or the resources at this point in terms of people and technology to actually get out a real tesla competitor. it's going to take some time. that's what i feel like this 2024, 2025 timeline is a little bit too early. vonnie: yes. exactly. years are going fast. except for this one. mark, thank you very much. that is bloomberg's mark gurman on the apple beat. rescue financing for troubled companies amid the coronavirus pandemic remains a front and center concern this year. we discuss t

thanks >> hans, let me start with you where do you stand on this apple versus facebook squirmish apple using apple asking users to opt in seems obvious. what are the implications for small businesses which facebook made it about and also for developers operating in this ecosystem with this kind of business model hans are you there? >> yeah. you know, yes, as you know, i'm watching it grow over the last year or two. you look at how the smart phone ecosystem is trying to create more revenue for itself and also for its stake holders. >> you know, apple definitely has -- is trying to improve user experience but at the same time, you also see them working hard to keep their 30% tick rate on apps being downloaded from its app store in the famous battle between them and epic goes on. and obviously, facebook has self interest to join the force with epic to fight apple as a result. and luke at how facebook is really trying to get the s & bs and any kind of user behavior change does impact on the bottom line it is what it is and it's almost feel like calling the kettle black in the situation. so

it never quite arrived is this apple car going to be another apple television and that is since they pulled back from the full ambition i don't know the rumors on self driving, let's spend more time there. he had writes the big technology newsletter on substack and author of always day one how the tech titans plan to stay on top forever he joins us now. also a cnbc contributor. what is your take on the resurgence of this apple automobile rumor and exactly how many regulatory hoops april wol have to jump through in order to put a car on the road. >> to me, it comes down to culture. apple viewed this car similar to the iphone rebuild a beautiful design first and then kind of work the technology in backwards. it dn the quite work out as planned. i spoke with ai engineers on that project who said they have to bury the sensors. because apple thought they looked ugly. and that limited the amount of data that they were actually able to collect, hampering the progress of the project. now we're looking at somebody that is four years out f apple views this as an ai project instead of a design

on news fell and i'll on perhaps there was an apple car.t is a kind of travel and arrive scenario. it is less of a buying scenario, it is actually in the benchmark and the buying activity comes off 6.5%.whenever you call it, it is a volatile stock. taylor: let's bring in more on this and tesla. index,dering, for the preparing for the day and weeks leading up to this moment, what are they buying today? >> thanks for having me. that's right. we are definitely going to see that kind of ease off maybe this week and next. and for the next few weeks. weakness in the stock today, but i would side -- ,ay a lot of it was expected given the sharing by indexes and retreat around 20% can be expected in the near term and would really be a shop. -- shock. caroline: how much of an impact can that really have? how much volatility does tesla have on the index? >> it brings a bit of volatility. teslamber this idea of being on the s&p 500 was coming up, but in fact it would be the other way around. happened today is index bya bought the four points. according

i'm a believer in apple. you can see opportunities in the ecosystem there, but why invest in the ecosystem when you could take the driver of the train right there. liz: right. you get the whole cow and the milk. i'm mixing metaphors here, phil flynn, but i was looking at apple, you know, the all-time high close, $134.18. all-time intraday, $137.98. where we are now is just hardly below that, $127 or so. do you like any of the ecosystem names within the apple or at least under the apple umbrella? >> you know, i think jon's right. i think you want the mothership overall but there are opportunities at these other companies. i always, whenever we talk about this, liz, i'm always reminded you are always better off buying a share of apple when the new phone comes out as opposed to buying the phone. you do a lot better financially and you don't have to replace it in three years, right? so that's always a good thing. or two years, depending on who you're at. but there are some companies out there right now. one of th

apple can do that now.us transitions, 15 years ago, 25 years ago, apple was a small player who required big muscle partners whose agendas just didn't align with the sort of product apple wanted to make. >> there's so many parallels here in things that apple has tried to do in the past. we're used to describing them as vertically integrated, software and hardware in general. they came out with apple store online and were able to -- aren't there huge profit benefits if they can pull it off. >> i think so. i don't think steve cook called it that. they were wanting to control the core technologies their products are most dependent on. and the chips are one of them. they never really had that under their control before. where they have over the iphone and ipad they did and where they didn't, like the mac, they didn't. i do think there's a tremendous profit up side to this because they can have the leading chips if they can make them and there's no skim off the top to pay to someone like intel or kwa qualcomm in

i love the services, we are honing in on $54 billion with apple.ple stock people look at it as a value play and growth play it can't be both i think you will see tech selling spill out to the value tech in apple and i do think it's heading down. i don't know about goldman's level, but i do -- >> twinkie, is it the hostess with the mostest >> don't forget to vote on kate's costco. for skin that never holds you back don't settle for silver #1 for diabetic dry skin* #1 for psoriasis symptom relief* and #1 for eczema symptom relief* gold bond champion your skin >>> breaking news. we have just learned that a spacex rocket, unmanned, appears to have exploded upon launching. again, it was unmanned we are working to get more information. once we get that, we will get it to you this is a hard left turn, i will warn you of that twinkies, hostess shares going up 35% guy, when is the last time you had a twinkie? >> i'm eating a twinkie. do you see that? not only am i eating a twinkie i also went out and got some ding-dongs which i love and my personal favorite

apple speaking about a car that is coming. we had elon musk replying to a tweet about apple's batteries and what might actually happen. do you say that a partnership between the two might still be possible? >> my opinion for apple to dive ,nto the deep end of the pool it is likely to do a partnership or collaboration. and vw are two top candidates. this is a trillion dollar market . it is something were apple is not going to be on the outside looking in. they are going to get into evs. i did not see them producing their own automobiles over the coming years. initially it starts with a partnership. i view apple and tesla as the perfect match. vonnie: how do you view elon musk's response to a tweet saying he had approached tim cook who had not even taken a meeting when tesla was a 10th of the price it is now? >> i think it was a different story. 13,go back to do thousand 2014, i do 2013, believe in terms of apple, they have to pick the right partner in collaboration. tesla right now in terms of the ev market, it is tesla's world

or change the bar any for apple.hing, from a consumer expectation standpoint, the asp would be much higher. people would want more in an apple car. i certainly would. guy: they've got $190 billion in cash. what are they going to do with it if they are not going to do this with it? reporter: that is a fantastic question. buybacks are one ago they can look at. we have to look at markets that don't exist yet, and i think that is what made the iphone such a huge success. if we are thinking about traditional markets, that may not be the answer. they have to look at markets that don't exist yet. that is a much tougher nut to crack. guy: absolutely. nice to have the financial power to at least look at it. thank you very much, indeed. always appreciate the insight. up next, it has been an incredible year for ipo's given the backdrop. we are going to talk about what happens in 2021. how many more unicorns are going to be going public? we are talking to a professor who tracks ipo's. jane ritter of the university of florida is

they will head to apple. apple just launched its own fitness service and our own crack tech review.d hazelton said it's all sweaty and happy listen, we have to do whatever we can to strengthen and build out our own ecosystem here when you're watching those kind of chess moves. >> i have a pelt crop, use it a lot. it's been really the only in-house device that i've ever stuck with i hope those instructors who have been there a long time. i hope they got some stock i hope they got some stock they ought to. >>> finally 2020 was the year of loungewear and athleisure, sweatpants, yoga pant, tops. shares of lululemon up more than 10% from its 52-week low hand now the company has its eyes on global growth. according to "the financial time "lulu trying to harness the worldwide yogawear boom to more than triple its overseas revenue. last quarter the company generated 14% of its revenues from other countries the lieuu ceo calvin mcdonald saying to "the ft" there's into reap why that can't be 50/50 in years to come. i don't see why it captain seema. >> athleisure, baakye, not just a u.s. pheno

sources insist on apple car is in the cards. couple of details, it would be for single drivers, not taxi fleets and would feature what is described as innovative be autonomous driving and battery technology. if this happens it's a sick example of big tech money developing new industries as we has seen with amazon and microsoft appeared apple closed about $200 billion in cash, why not use it to develop a whole new product, after all a modern car is a computer on wheels. the left doesn't like this as they don't like or trust big money unless they control it, but it's a example that big tech money funded the iphone, revolutionary products, why not on i car? "varney & co." is about to begin the ♪ ♪ ♪ ♪ stuart: all right now, free, free. susan: america is free. isn't that great? stuart: whatever you say as a free people, that's for sure. you heard about this possible car from apple. look at apple's stock price as investors like the sound of that especially with an innovative battery technology with stock up nearly 3% and now look at

apple's response, i think, was rather measured. >> i think apple thinks this is funny.n you're facebook, what is the goal of this ad campaign do you want them to say your data will be used? that doesn't seem likely in the current scenario the government is trying to break up facebook. are you trying to shame apple of being less protective of the users? apple is not going to do that. the real goal is point out in the middle of the antitrust case that's it has a big competitor it faces threats or what it claims are threats from another tech giant in apple. i think holding out apple as a competitor is part of the strategy of dealing with these antitrust threats. i really don't think a bunch of small business owners are going to be as affected by apple telling people that facebook is using a bunch of data. that data is still on facebook the business owners want to run ads on facebook. they still can they can make use of all that information. it really comes down to facebook saying apple can hurt us and because they can hurt us, they're a competitor because we have a competi

i view apple and tesla as the perfect match. vonnie: how do you view elon musk's response to a tweet saying he had approached tim cook who had not even taken a meeting when tesla was a 10th of the price it is now? >> i think it was a different story. when you go back 2013, 2014, i do believe in terms of apple, they have to pick the right partner in collaboration. tesla, in terms of the ev market, it's tesla's world and everybody else is paying rent. it is only 3% over automobiles. 10% at 2025. that is why right now, you are going to see every major tech player try to get a piece of the ev pie. it is similar to what they are doing in china. vonnie: how much difference does it make to the stock to be included in the s&p 500 in the medium-term? does it hold onto the gains it has made? dan: not necessarily a start of a negative trend. it is a must in terms of profitability. the red ink in the rearview mirror. really, i think it legitimizes what tesla has done not just from growth but from profitability. going forward in terms of wha

where does the state of apples chip effort stand? for having me.e has three computer lines with this new m1 processor. these have chips on line with the highest ipads with some mid thoseintel processor and launched a few weeks ago. emily: how does this compare with what intel has to offer? could it move toward damaging intel's legacy in this entire industry? mark: one of the core aspect of chip design, the more cores you have, the more tasks you can do at once while keeping the machine at top speed. right now, apple's chips are for then for low performance, high efficiency, so eight total. these new ones across 2021 and into 22 will go up to 16 and even 32 and that compares to the having and mac pro only 28, so they are going to beat them now in terms of performance based on those numbers. emily: how will other computer aggressivet to an 2020 one line-up from apple? see apple pushing the specification and the underlying ex 86.hereas intel uses right now, it seems like other computer makers are going to take a look at moving to that same underlying

apple, we talked about that. amazon i look at amazon and everybody wants to call this the big e-commerce company which they are, but their real story is aws. it is a tech company that has done extremely well. i think they will continue to even in a hybrid environment when you have some people going to work and staying at home. and i don't have netflix in there. i have nvidia. they did an unbelievable job in acquisition. lastly financials, goldman sachs, when you look at the last quarter and what they were able to put up, i think that's something we will be able to see quarter after quarter after quarter in 2021. we threw out a few of the hold names. i like the new faang like that won't be confusing next year when we talk about it. it may be time to hit the sell button let's bring you in we have been outlining stocks. which sorts of baskets would you lean towards >> i think there is always money to be made by investing in equities, i think the best bang for your buck in this type of market is a cyclical recovery r

fanatics like me will buy almost any new apple product just to check it out against the other applethink it's fine, but i'm talking about the competition with pelt crop overall that's what i find i think peloton has a problem. >> i take your point and these are totally a new statuscism bol. bob pisani, deirdre bosa, michael santoli, thanks for joining us today for rapid fire. the street is the bushel on paypal how do users feel about that we'll dig into that right after this break >>> welcome back a huge comeback for bitcoin this year, up 160%, nearly crossing $20,000 for the first time part of the boom came after it was added on paypal and square, and those stocks have cbs massive gains both this year and as a result. square is up more than 230% since january. paypal has more than doubled wall street may lost crypto additions but are they being adopted by users joining us is james freedman, a research analyst at susquehanna. james, great to have you again, anecdotely, i've heard a lot and looked at myself on how it works on the cash app, you know, buying bitcoin what have you disco

emily: any sense that apple was at all rattled?rstanding is were a little surprised with the aggressiveness that facebook showed today. they have been exchanging these types of barbs for a while so it was not totally surprising. but it was a big step for facebook. what i don't know is whether or not this will change anything for apple. we have seen them delay their ios updates to give people more time to prepare for them. facebook and take a little but of credit for that but i would be shocked if apple were to come out and change everything in the way that facebook wants them to. it is hard to convince apple to do that. emily: ok. that is one to follow. that doesn't for this edition -- that does it for this edition of bloomberg technology. i'm emily chang in san francisco. this bloomberg. ♪ anchor: good morning. we are counting down to asia's major market open. anchor: welcome to daybreak: asia. as fed jaygold rise powell says the case for new physical action in the u.s. is strong. he also says he will not raise rates until inflati

but it's not just apple.ou look at ford, for example, the legacy guys, ford has the transit connect van. at some point they will make that thing electrified. how do you beat those companies at this game? >> yeah, so look, if you think back to kind of post-world war ii, how many oem, car oems were there in each continent? it was a big demand cycle. so here, you have us all deciding to make the move from fossil to ecological so you just have so much demand that no one can meet the demand. of course, there will be the new and old oligopoly and lot of partnerships and joint ventures that occur along the way. liz: it's great to have you, tony, on a day where canoo has gone public via the hennessy acquisition corp spac. you are the -- i lost count, i swear -- we are looking at the 243rd spac so listen, not all of them can survive. we wish you guys the best of luck. thank you so much. >>> by the way, as we mentioned, tesla officially joined the s&p yesterday. you know about that. to mark that, i launched a video of

else can apple grow, indian is going to be an important market for apple >> interesting i know thatand but i want to skip ahead to the last one because it is something you harr p hear from some of the apples -- i don't know if bear is the right word but let's call them skeptics. what is your counter. >> kel, we get asked that question a lot, and the answer is to rebuttal the view that apple only buys back well, that may be in i don't who will you it's growing its sales and earnings and the stocks only help the stocks by peacekeeper from and that's in the time of the pandemic out of the pandemic and going forward, and services you mentioned apple watch and health care those are gaining more and more traction so our rebuttal is absolutely, hey, if you only look in a small lens, globally there's still growth apple is a growth company. people don't want to hear it but they are growing sales and honeyings per schaffer that's why you think it it and go to cnbc.com/pro to ask your questions. tyler? >> nine months in, it given people a lot of time to pick up an old who be o and fender sayin

you bring up apple tv.tly right, we spent five, six, seven years, about a television apple was developing. they never produced the television and put it out. apple works on a lot of things but it is very selective what it actually goes through with and puts out. i would not say the car is definite thing they will go through with at this point. connell: right. the guy, shana, who is running this from apple's point of view, went to tesla a few years, worked for tesla, came back to apple, now heading up this project. i do wonder whether it looks like something we haven't imagined yet. maybe not just a car that apple makes or something else in the car business with the analogy we were talking about with jeremy, similar to apple tv? what do you think is the future for apple on this side of the business? >> certainly honed in on specific innovations around parts of the autonomous vehicle experience. whether a breakthrough in battery and chemistry and compactness or density of the battery. whether some lidar senso

apple gets everybody's attention.tainly when you have a company with the deep pockets and the know-how they have when it comes the both hardware and software. >> it also says, phil, where tesla was then is not where it was now. >> correct. >> there was a time of exdesperation it would seem for that company which does not exist today. >> absolutely. completely different spot for tesla. elon musk can now -- let's say that apple comes out in four years with an autonomous electric car tesla is going to be much larger, easily over $1 million in sales providing things continue growing the way they are. they are going for two manufacturing plants in america, one in europe, one in china, who knows, they may have more. this will be a far different company in 2024 than it is right now and in a much better position if apple were to come to market to take on apple i think bears, scott, would say -- there are plenty of them the haters and the shorts that tesla was in a much more dire position than he was letting on that he was wil

you have to judge apple based on the lifetime of its value. selling you the phone gets their foot in the door after that they call the subscription avenue, that's why the stock is more upside even after terrific run this year i am not saying we should value apple the way we value tesla or any of these behind me i can't imagine where that would put the stock. can we value it like we do clorox or proctor? there is one problem with my apple analysis, i have been saying it for years. i think is till true apple is really working on electric cars, guess what? the upside could be enormous what do do you do if you own th dream stock? because i thought it was time to ring the register, they move so much they keep roaring. you only need to get rich once, people maybe you want to take a little bit off the table. that's all cramer says i want you to make money and not just look at it on paper i want you to take it home i will say one thing though. they'll offer massive quantity to stop right here tomorrow morning they can take care of funding for years to

right now, apple has three computer lines with this new m1 processor.chips on line with the highest and ipads in line with the mid to high range intel processors in laptops. those launched a few weeks ago, the air and macbook pro. emily: how does this compare with what intel has to offer? could this be a move towards really damaging intel's legacy ?n the entire industry streame mark: one of the core aspect of chip design, the more cores you have, the more tasks you can do at once while keeping the machine at top speed. right now, apple's chips are for cores and then for low performance, high efficiency, so eight total. these new ones across 2021 and into 2022 will go up to 16 and even 32 cores. that compares to the highest in mac pro, only having 28, so they are going to beat them now in terms of performance based on those numbers. emily: how will other computer makers react to an aggressive 2021 line-up from apple? mark: you see apple pushing the specification and the underlying tech, whereas intel uses ex 86. right now, it seems like other computer ma

well, watch apple today.win temporarily shutting down all of its brick-and-mortar stores in california due to a spike in covid-19 case there's. the you can see that stock is down 1.5% with the rest of the market this morning. we're back in a moment it's been a tough year. and now with q4 wrapping up, the north pole has to be feeling the heat. it's okay santa, let's workflow it. workflow it...? -uh-huh. just picture it... with the now platform, we'll have the company you always imagined. efficient, productive, seamless. ok, i'm in. whatever your business is facing... let's workflow it. servicenow. >>> facebook continues to run the ad campaign against apple's privacy features, something that kara swisher says is a desperate ploy that is unlikely to work. kara swisher joins us this morning. kara, there you go again beating around the bush. not getting to the point g to see you. >> good to see you >> what did you expect, carl >> is this just in your view, is this bald faced deflection or, mine, are there any legi

thank you. >> thank you >>> coming up, what's next for apple? to talk about the prospects for an icar, an apple car, and the news now out that ceo tim cook turned down a meeting about potentially buying tesla just two years ago >>> plus, the president's call last night for higher direct payments found an ally in speaker pelosi, but can they get republicans on board all that's coming your way right around the corner. don't go anywhere. [♪] life is busy, and sometimes odors can sneak up on you. for a convenient life hack. try febreze unstopables fabric refresher. with 2 times the scent power of regular febreze, unstopables fabric finds, neutralizes and eliminates tough odors trapped in hard-to-wash fabrics, like couches or smelly sports equipment; leaving an irresistibly fresh scent. and for a tropical burst of freshness, try new paradise scent. stop sneaky odors from lingering in your home, with febreze unstopables. >>> president trump calling the covid relief bill an unsuitable disgrace we'll reveal this in a couple of minutes. >>> apple's histo

as of now it remains unclear who will assemble the apple-branded car.higher, it had been down much of the session. it is now up just under 1%. sources say apple will rely on a manufacturing partner when it comes to the lidar system. lidar of course is that light detection and radar remote sensing method that sends out a pulse of light to objects that are out there on the road, and then it measures the amount of time as it bounces back and that way, the car then can understand how close or how far an actual, i don't know, light pole or other car is to it. so apple moving higher but let's take a look at the lidar name in the world here. this is luminar. look at the spike right now. that's tesla. tesla is actually down 6.33%. it had been down just under 5% when we started the show. maybe apple's going to take on tesla when it comes to batteries there for the electric cars but luminar is jumping 21.5% right now. if there is that chance that apple would partner with luminar, ticker symbol lazr, maker of the mobile eye which falls under the intel group, is al

the tech company is launching apple fitness plus next monday.ming workouts include strength training, yoga and cycling. it's built around apple watch, so users can monitor metrics like their heart rate and total calories burned for a personalized experience. subscription costs about ten bucks a month or $80 for a year. anne-marie? >> you know, there's a lot of competition in this space. i am an apple watch person, and it works as sort of a mild, nagging mom. every once in a while, it will suggest that you breathe. just breathe. >> exactly. >> i kind of need that while i'm working out. i need someone to say, i know you think you're working out, but i see your heart rate. it's not that good. >> step it up a notch. this is a growing space. it even affected peloton briefly, because peloton, some people say, is it a fitness company or is it a tech company because it is a subscription service along with the bike, et cetera, so apple is trying to come for peloton and others now. >> don't start me with peloton, or is it a cult? i know a lot of peloton p

just a week or so ago i was adding to apple. i continue to add to apple through calls. i already got the stock, i continue to add calls because the activity is absolutely outrageo outrageous, each and every day i don't think jim is wrong at all, i think he was right. to josh's point and jenny's point, there's a lot of other names out there that can work as well i think apple can work to the up side apple is like an s&p stock it's got the same type of volatility and i this i it can move to the up side. as we move to the up side in the markets. i still look at the tom lee idea of some sort of a pullback at some point in time as we get into q1. i feel like that's an absolute at this point. just because of of the direction and how fast the acceleration of the move that we've got, especially since the start of november has been absolutely extraordinary. i think there's a lot of different ways that we can move. i've been positions more and more in the different cyclical names. i'm into the material space bigger and bigger. i continue to add in the financial space as well and

road map begins with apple this morning.

don't go anywhere. >>> apple and etsy leading almost a four-month high on apple. in a minute. ory. during that time, we handed out millions of dollars to thousands of contestants. i thought, what if we paid the contestants their winnings in gold instead of cash and prizes. back in 1976, we had a wonderful contestant named lee, whose 3-day winnings were valued at $12,850. and you know what? that was a pretty big haul back in 1976. so i wonder what would have happened, if lee had put $12,850 in cash and then put $12,850 in gold in a safe? just sitting there side-by-side from 1976 until now. well, i went back and ran the numbers and what i found was amazing. we all know that $12,850 in cash would still be sitting there, but it would be worth a whole lot less than it was in 1976. but that $12,850 in gold, safely stored away, it's worth $135,000 as of the taping of this commercial. now that's more than 10 times the original amount. - [narrator] if you've bought gold in the past, or would like to learn more about why physical gold should be an important part of your por

ha donado más de 250 millones de dólares gracias al aporte de las personas que compran un producto apple saber que apple está hacer una donación en tu nombre >>>(información en pantalla) >>> y también pueden comprar el reloj un producto ella que viene en color rojo y también apple está haciendo donaciones para la causa del covid-19 cada vez que comeremos en la tienda física o en línea la empresa va a aportar 1 dólar ahora se van a vestir de color rojo pero hay una tienda en línea de la fundación red donde puedes comprar productos de varias marcas para poner tu grano de arena >>> muchas gracias césar conoce a bad bunny el cantante es tendencia en redes sociales escuche esto (♪ música ) (♪ música ) (♪ música ) >>> este año benito se lleva el título de artista más tocado en spotify después de lanzar su nuevo álbum que está entre los 5 más escuchados en la plataforma quizás algunos de la ficción en esta serie por eso se pide por parte de las autoridades que pongan un anuncio en netflix sobre la vida de la reina isabel, y este artista hace consciencia sobre el uso de la mascarilla diciendo qu

i heard a lot about yes this appeals to the apple cult. users who want to pay up because it will connect seamlessly to the ecosystem. do you think that the appeal does or will go beyond that kind of user to perhaps even the gaming ecosystem is there a benefit there >> yeah. like you said, there is this sort of niche in the apple fans and those people are running out. we don't know how many products they had put on store shelves. we don't know if the indication of the online sales, you know, being backward really is sign demand or if they had lower inventory and they sort of this was an end of the year sort of fresh out product. they didn't do it at the other events i do think that this is sign of the product that apple starts high and we see that on other product category that p awiapple releasd this is the best >> finally, joanna, as we mentioned, you are now a documentarian. personally, it's one of the most original and fascinating elements thank you, i have a piece out about a topic that the tech companies don't like to talk about. that

be optimistic about the stock market of course, apple, and jon knows this, apple is price i, 32, 13 timesep saying don't worry. the numbers will keep getting better so here's the bull story for you. >> the apple bulls sound like they are from brooklyn, amazing the coincidences. >>> let's talk about shares of snowflake which are later after the company's lockup period expires which gives insiders the first chance for owners to cash out and the largest area, the stock down 20% from last week. bob, the question is what does that signal, everybody from the end of the boor to airbnb and doordash. >> i'm obviously reluctant to say that this is due and went up to like 430. it's been straight down in seven or agent days sin then a fairly -- the tradeable fleets there's a bunch of lockups occurring and there egon so well that the ones coming up have fairly significant lockups i mean, a lot of stocks will become available in the next few weeks. at big one for albertson's coming up, a big one for accolade and one for lem aemptd this doesn't necessarily mean that the stock prices will go down, but th

now to some of the other business stories breaking news apple shares rose to a 3 month high in shoes they session after the company announced plans to ramp up i phone production by 30 percent in the 1st half of next year japanese business daily nikkei is apple expects to make 230000000 i phones in the coming year. or as of london and fin tech firm parcel teaming up to ensure that same deliveries in poor countries back scenes have to be distributed at extremely cold temperatures without adequate cooling they could become ineffective. life in switzerland is more expensive than anywhere in europe the countries that cystic selfish says a basket of goods that cost an average of $100.00 euros in the e.u. costs $155.00 euros in switzerland housing a meat twice the e.u. there will prices even outpace iceland and norway. back into proper lockdown here in germany it is wednesday it's going to be a very different christmas singing is bad churches holiday shopping is now off the cards even getting your hair cut is a crime i got mine on the weekend just in time but i wasn't the only 1. 100 on ron

tv or apple music and use apple pay.even i who subscribe to virtually nothing has to apple a little bit of something every month. they get something out of a. susan: that's something. stuart: we also have the chip makers on your screen. all of them are up. what's happened? susan: with $110. really writing along with the chip euphoric especially with this work from home trend. we have a lot more pcs and laptops body can i that's a resurgence in an industry that some people thought was dead especially with the iphones and a smart phones and a tablet's the virus and the lockdown changed so many things. susan: and consumer behavior. how much of that will last after this? stuart: that's the great question is that, who knows. how will we emerge from this and what will the economy look like, our individual behaviors, what will we spend our money on? susan: viewing. stuart: i was looking at my expenditures. susan: is that daily? [laughter] stuart: i do it all the time. what i spent money on in 2020 versus 2019, far less-- i spen

. >> all right volkswagen ceo responding to apple's alleged foray, linkedin comment, he said apple's unlimited resources make it an even greater competitor than the likes of toyota volkswagen ceo adds the most valuable company in the world could be an automaker, whether it be tesla, apple or volkswagen shares of tesla down 7% so far this week as it enters the s&p 500. mike, what do you think the ceo of volkswagen was intending with this post? do you think he was trying to be snapped up by apple, get on tim cook's radar >> i would doubt he would think that's realistic, because it probably isn't strikes me as somewhat realistic also in the sense that who knows, down the road if you do have dominant providers, dominant manufacturers with massive access to extremely cheap capital, then the auto sector is one that, in theory, could become much bigger in equity market cap than it it used to be gm used to be the biggest stock in the world it's not that crazy. we don't know apple's intentions here but they borrow at government-like yields there's $100 billion or so in net cash on the balance

there's three positive notes on apple. it's not a shock that the street continues to love apple. citi has five reasons of why it's high. we believe iphones outperforming expectation in china, wells fargo, apple remains one of our top products in hardware weiss, shannon, brin p bryn you a all. >> i've been saying for quite some time the 5g phone will be apple's biggest product lunch ever and 5g isn't about the consumer, it's about the industrial uses they came out with the headphones, the new over-the-ear air pods they priced them at almost twice what a bose is or the top sony there's no difference. so their pricing power is unbelievable and they can come and get clean margins. so i think there's been some missteps, maybe apple plus and as they integrate with the chip set, with their faster chip that, you know, it's only going to increase margins. >> that brings me to anastasia nice to see you. are we in a bubble or not? is the nasdaq in a bubble? we've had 52 record highs this year alone for the nasdaq. nasdaq's um 40% p 4

customers including apple so as apple builds more of its chips into its devices going forward i wouldto see more of that manufacturing come here to the u.s. but we'll see. >> yeah. >> here's my point, and i thought stacy raskin said this brilliantly on your show a month ago when it was becoming annish you've the outperformers, everyone who is taking share on the semiconductor industry which takes chips here is basically using tsmc, taiwan semi and that kind of implicates taiwan in a very important part of our supply chain so you have half of corporate america relies on china for its sales job and anyone who uses semiconductors especially with intel struggles relying on taiwan. it feels like we're going to be in this impossible selection and i angle that international security angle, fascinating about that story. >> that caught that binery samsung also makes a lot of chips. they do some of that have in south korea and they do some of that here. intel has fans around the world and while they have some in the u.s. they have some in germany and a lot of chip factories and it's time for in

it is hard to convince apple to do that. emily: ok. one to follow.er, thank you for that update. that does it for this edition of "bloomberg technology." i'm emily chang in san francisco. this bloomberg. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg l.p., its affiliates or its employees. >> the following is a paid presentation brought to you by rare collectibles tv. ♪ >> the california gold rush is considered to be one of the most impactful events to affect america's young economy during its first 100 years and it has certainly had a long lasting impression in numismatic history, as well. the people of california soon needed a way to standardize the value of the new gold.

it applies to apple as well as disney.pple is a company that's deeply dependent on china for a bunch of reasons. for one, they offer so many jobs to china, 90% of the supply chain for i phones and ufl the products that apple creates come out of china. they're manufactured in china. as a market, they're responsible for upwards of a quarter of all of their revenue. so, apple deeply intertwined with china. they made a decision sometime ago as you noted that they will not be criticizing china. that's one of two gigantic red lines for them. hard core nudity, a lot of people agree with that, criticizing china? what? this is an american company. it was created in america. and today, just using the text messaging app is an unbelievable thing. on your apple iphone, i have an iphone, i use it all the time. on this product, there's an image feature, click #images, you search for a funny fwift. i was having a conversation about this topic, bob iger joining the biden administration. i wanted to find a picture of the president of china

apple has moved away from qualcomm and towards custom processors.e big thing for qualcomm and the iphone. emily: this is potentially a huge blow to qualcomm. mark: this is a huge blow for qualcomm. annualm gets 11% of its revenue from applicant and apple is their largest customer for this technology. as you remember, they struck a big patent settlement in the crosslicensing agreement last year -- i should say licensing agreement from qualcomm to apple last year, $1 billion deal that tolds the qualcomm modems enable 5g. is this going to hurt qualcomm? yes. the question is how long it will take to have the impact. emily: changing you slightly, ceo tim cook -- changing gears slightly, ceo tim cook said most apple workers will not be coming back to the office until june. mark: in the same town hall meeting where the modem was disclosed, tim cook said it was unlikely that the majority of teams will return to the main offices globally until june 2021. he also implied that there would be additional work flexibility in terms of working from home in some res

waving a gun his family said he was holding subway sandwiches >>> new scam alert for amazon prime and apple customers. >>> bob dylan's historic $200 million deal. >>> i talk with a world war ii veteran celebrating a milestone on pearl harbor day today >>> this is "nbc nightly news" with lester holt. >> good evening, everyone across broad parts of california tonight stores are nearly empty. restaurant dining indoors and outdoors banned to name just a few of the covid restrictions that have put life on hold for tens of millions there's no shortage of business at hospitals but the urgent measures to ease the strain on icus being met with resistance. including among some of those charged with enforcing the rules. let's begin with miguel almaguer in los angeles. >> reporter: tonight in california, as covid cases skyrocket, and open icu beds drop to critically low levels, a new lockdown has been triggered for 33 million people implementing the nation's toughest restrictions, the new mandates prohibit an mixing of households even for a walk outside. retail businesses including pharmacies must cap

there is not a chance that if apple acquired it, it would represent within apple anything like the current value this is being driven by this pure vision of magic and heroism that tesla will save the world behind one man's vision. the other thing is, apple, famously, does not like -- tends not do big acquisitions. six years ago, you would have thought that they were, you know, dancing on steve jobs' grave. the way people reacted to -- for $3 billion, trivial amount of money, you can only imagine what the apple backers would have said about something like this. >> yeah, absolutely. i also got to think some of the exuberance we see in tesla limited though it may be is probably the strides we have seen in spacex as well, quite the gang busters year, couple of years. let's look at how futures are trading as we count down to the opening bell right now we are -- we have seen a reversal from overnight and actually starting to gain a little bit here in this final 11 minutes before the opening bell. the s&p is poised to open up ten points the dow is poised to open up more than 100. and the nasdaq o

ashley: i like the sound of that and talking of euphoria, you are hard on apple getting into the appleustry. you like this? >> love it. i'm sorry,-- the software being developed, look when you look at the phone, it used it to be a straight commodity, tied to your wall with a court and no one would have believed in the 70s and 80s that the phone would become about software. i think we have the same transition between the car going from just a driving machine to a software machine and i think it makes sense for apple, for google to get into the car business, but i think it makes no sense for them to develop and manufacture their own cars. i think they will buy a car facturfact iermrm rd. .. ey: what awhatutbom gnd forndgo, g iivt g a ptus a p tho e cte octra o?rall >> gmgm ms msavitavit inkk stoc ian td inkhitnk tlwilloue innhe next nt ears valymaeclyma oau ohevv ti mulehae will w pandndnd t and fac at fachey f ee gti gng i go i i attt chrech drechre dre hl: hleyhlhlthankouk. you you y my ten tssee accencc veves me as wa everyve .ou tha, t yhaou.ou .tw day d away a f chrichmas a that's n