now, the question remains if apple builds them will customers come?e common wisdom on the apple retail stores was that it was a stupid idea that would fail. plenty of computer companies had tried it. dell had stores. gateway had stores. nobody went to them. it was just an exercise in vanity. but this concept of open, airy places where they weren't going to try to sell you stuff but instead you could ask questions about your apple products, you could see demonstrations, you could get your hands on them, is just an unbelievably different approach to retail. and once again, steve jobs figured it out. >> what began the process of taking apple from a niche player to a leader that everyone had to race to catch up to, even microsoft, was the ipod. >> boom. that's ipod. i happen to have one right here in my pocket. there it is right there. [ applause ] >> the ipod was a classic apple device. a chrome mirrored back, a pure white acrylic front. that famous click wheel for dialing through lists and stuff. it was the first mp3 player that really worked and was so

>> well, why did i leave apple? i was asked to leave. yeah, i was asked to leave apple.nning on spending the rest of my life there, but didn't work out that way. >> steve jobs was a genius, but one of the reasons he got moved out of his job was because he was spending huge amounts of money on projects that, for the most part, never reached the market. and apple had a crisis of confidence. >> at a time when major computer corporations like apple are laying off 10% of their workforce, microsoft is the big exception in the computer industry. >> people didn't get how much value there was to be derived from software. that the operating system could be the most valuable piece of real estate in the whole computing business was something not understood by almost anybody in the computer industry apart from bill gates. [ cheers and applause ] >> today, we're introducing microsoft windows version 3. >> bill gates, part thomas edison, part henry ford, part holden caulfield from "catcher in the rye." at 19, he dropped out of harvard to design computer software with his friend paul al

apple park in silicon valley. the headquarters of another tech giant apple was founded in 1976, starting capital of just $1300.00 us dollars. in 2022. it's the most valuable company in the world with a stock market value of around 3 trillion dollars. much of its profit coming from the app store founders, steve jobs presented it in 2008. as a platform for selling software. apple is sold nearly 2000000000 i phones worldwide. the success of software can depend on its presence in the app store for which apple charges 15 to 30 percent of revenue. david hina meyer hanson can't accept that. the entrepreneur lives in malibu, california. he became famous in tech circles with his base camp software. and so she tells if you don't like the deal, you can just get out of here. you can just shut down your business. how is that a choice? it's it just felt like mafia tactics even the way they showed up to demand. the money was just despicable. i know my hands on wanted to distribute his new e mail software without paying huge comm

on apple's devices, which is about 40% of u.s. users, and so there is a bi binary, if you're not in bed with apple, your numbers are horrible, you're being negatively affected by the privacy changes. if you're part of the apple ecosystem and party to their first party data and all the great data, you are singing in the rain it's fantastic for you so i think that's what's going on here, the binary outcome is that facebook is on the outside of those apple changes and it's really hurting their ability to target and measure on ios devices, whereas alphabet pays apple a lot of money every year to get access to all of their data and not just now, it's been for a decade >> laura, i don't think that google alphabet is in bed with apple or getting access to that data i think that was a nice line that facebook gave out in the earnings call to sort of point over there and say hey, there's a business relationship, that's why they're not affected, but google, people are logging in at certain places and showing their intent through search. goog

adam, are you worried about apple? >> i generally take a more bullish tone, i think earnings expectations for consensus are 8% s&p 2022 versus 21 i think the real number is 5 i think the numbers are still higher in 22 i will say i got three to four percent plus organic growth maybe more and 7% total return looks good for s&p i think the market tech stocks like apple probably work in that environment. >> heres the issue i have with that, if the s&p trades 18.5 times earnings and expected to grow high digits and april trading 27 times expected to have high single digit earnings so doesn't seem compelling so you think about inflation, supply chain issues and chip shortages, list goes on and on, those are really uncertainties, the stock is down 7% on the year, i look at the technical set up carter laid out and if i think we'll retest the lows we made yesterday then stocks like apple will lead the way because at a certain point will get to it on valuations and may be hiccups on the fundamentals here. >> that could be the ca

apple. facebook and others continues. here in congress is relying primarily on anti trust laws, very simply put, they have too much power, this power. but how promising are these proceedings? legal expert chris segers is skeptical. personally, i think the, the risk with even very aggressive and i trust is not so much that it will rec, anything. it's just that whatever good it does won't be permanent. and what i fear is, you know, we, we may have this period of a few years of very aggressive intervention. and even though it seems unlikely, you know, perhaps the government will manage to break up google or facebook or some other firm. and then it will only be a matter of a few years before somebody else figures out how to make a new monopoly out of it. kristen and joe biden is shown a willingness for the fight, but he's had to compromise. you know, democrats are in control of both houses of congress and the white house. ah, but in the senate, and it will be very difficult to, to adopt any legislation that doesn't have some

along with apple, google and facebook. as of september 2021, they're worth together around 7 trillion dollars. you show up with more capital than your competitors. the odds are you're going to win. so access to cheap capital is important and has become a key strategy. wow. at amazon growth is everything, employees are monitored, forming a union is difficult. there are 2000000 amazon retailers that depend on the giant for their survival. much like your cobra. i have, you know, like on since the shipment, our whole business model is aligned with amazon without amazon or we wouldn't exist under amazon is basically our lifeline log lim thought on amazon takes care of storage, shipping and returns for yahoo. bah, in return, it takes commission for every euro of sales who bought her house to hand over $0.30 to amazon. in 2019 amazon mead, almost $60000000000.00 is from these commissions alone problem, as people will say, well, it's a 2 sided tray. the retailers don't have to work with amazon and i would get that's not really tru

a huge chunk of apple employees are apple store employees.itical part of the company, and obviously retail sale is a huge driver of sales. mark berman back with us now. park, we could not hear you earlier. what can you tell us? how likely are apple employees to unionize? mark: i don't think it is very likely. this has been tried in the past, particularly in the san francisco area and northern california about a decade ago. there is a group of a few stores on the east coast, but particularly in ohio, talking about this. i'm not sure this is going anywhere. my hope is that some solution is reached to be closer to corporate benefits. we reported a few times that benefits have improved. there are vacation times for part-time employees, fixed days, child and elder care, and raises between 2% and 12% across the retail army. and the annual increase they get around october/november at the conclusion of apple's fiscal year -- this was an additional increase based on inflation, based on covid-19. other complaints we have seen in the past year or so. ap

my first company, pebble, we were building a product that competed squarely with apple's apple watch. on android we were able to get access to the system features that we needed to deliver to upgrade user experience. on apple products we simply were not able to get the same level of access that products like the apple watch enjoyed. this made it really hard to compete, because apple controls both the app store as well as the operating system, it was hard to build an accessory that worked with an iphone. sen. klobuchar: could you talk a little bit and then maybe miss mott -- dr. moss and mr. harmon, maybe that brings in the bill that i have introduced with senator hawley as well as senator durbin, how that would help with some of this conduct, because you cannot put your stuff above everyone else's, you cannot rip off other products and then put it up against the products that you have ripped off and that you cannot use data and other things, any of you can comment on it, but the difference that it would make. dr. moss: thank you. i am happy to respond to that. i think competition in t

apple watch. on android, we were able to get access to the system features that we needed to deliver a good user experience, but on apple products, we simply weren't able to get the same level of access that products like the apple watch enjoyed. this made it really hard to compete, since apple controls both the app store as well as the operating system. it was hard to build an accessory that worked with iphone. >> and could you talk a little bit, and maybe ms. moss, mr. harmon, you can join in on how that bill, the bill that senator grassley and i have introduced, which i see senator hawley is here supporting it as well as senator durbin, how this would help with this because you can't put your stuff above everyone else's. you can't rip off a product and put it up against the product you've ripped off and can't use data. any of you can comment on it, but the difference that it would make. miss moss? >> thank you. i'm happy to respond to that question. i think competition in this country has risen

rising and apple chose not to do it. is there a distinction that we are thinking about this will be -- how important is that price? what we have to determine is do an apple or an amazon or to any of these companies want a fixer-upper restructure in story, or do they want to growth story? generally speaking we agree on the latter. i love peloton. i'm a user. we are seeing faltering demand i think right now peloton's best bet has been what they are doing, it is starting to reopen. rather than cut it and start to focus on who that strong loyal really impressive base actually is. emily: right. no question there certainly is a big loyal user base but how many new users is peloton really going to add at this point. , and a new owner will not change the problem that this fitness market is a smaller market than some folks thought when we were in the middle of a pandemic. how will a new or a bigger company address some of these challenges? >> you said it. a big base. it is actually not that big, relative to us started, 2.7 millio

that is certainly different than what apple has done. >> yes. part of the reason why google's process will be so gradual is because the company has a vested interest in making sure the digital ad ecosystem remains robust. essentially, the company is going to be developing an alternative to something called an advertisement id that allows apps to track you. for developers, they will have to find a workaround when google speaks with them, here's their input and finds out what that solution should look like. right now they are saying that a beta launch could come as soon as the end of this year and what they called scale testing would be in 2023. meaning they will test among more users. they have not actually said when it will be fully implemented and it should be noted they previously decided to scuttle initiatives related to greater privacy on their platforms. >> shares open significantly down, recovered some of that loss but ended the day down more than 6%. what is your outlook for the year, especially given some of these uncertainties and clear

following apple, such as meta and earnings since apple rold out ios changes in april last year apple stock prices risen 27% and 1% and meta fell 30% wiping out $300 billion in market cap alphabet saying remain in place a couple of years giving "substantial notice before making any changes." guys, be careful giving google too much credit for this in a far different position than apple. sort of took things into its own hand and rolled it out relatively quickly google, of ourse, main busines digital advertising and benefited a lot from the privacy changes. you can imagine some of the smaller rivals, ad tech companies claiming antitrust going to move slowly here. >> yes and reason why google is doing this is because they are under so much pressure from eu regulators in particular eu really pushing for more privacy oversight and google has to be so careful in terms of how they're doing this one hand, they have to address the privacy concerns on the other hand make it clear they're not favoring their own system deidre, talking about this before apple and google making similar changes but v

certainly different from what apple has done. nico: part of the reason the google process will be so gradual is the company has a vested interest in making sure that the digital ad ecosystem remains robust. essentially they will be developing an alternative to something called the ad id, the number that allows apps to track you. one user has one ad id. developers will have to find a workaround once google speaks with them and here's their input and finds out what the solution should look like. right now they are saying a beta launch of privacy sandbox on android could come as soon as the end of this year and what they call scaled testing would be in 2023, meaning they will test among users. they have not actually said when it will be fully implemented and it should be noted they have previously decided to scuttle initiatives relating to greater privacy on their flat. emily: adam, applovin shares ended the day down more than 6%. what is your outlook for the year? especially given some of these uncertainties and, clearly, the power

apple could acquire peloton. opinion, not so fast. when apple buys companies, it is to develop new features. take authentic in 2012 and how it enabled touch id, or siri before that. peloton would not fit the bill, but would give apple the ability to jump into the physical equipment market. it is unlikely, given bikes are low-margin, expensive to make him an expensive to ship. i think we can rule out apple buying telethon for hardware. what about software? telethon has developed fitness applications for its own software and third party devices. i don't think apple needs anymore fitness software expertise. content. peloton has fitness classes. it blows apple's fitness pods out of the water. but apple should invest more in what they have instead of peloton. but peloton would still make sense in terms of underlying tech, patents and key employees. but i think the company is too pricey. apple certainly needs to update its business portfolio. i don't think buying peloton is the answer, at least for now. i'm mark gurman

, you look at alexander, you look at nike, potentially other players, apple for apple this would be aif they get peloton, especially cooks initiatives on fitness if you look at subscriptions, this would be key. i think it's a unique brand and just a further entry into the consumer's living room. >> yeah. again we should make the point, dan, that peloton is a controlled company so it is clearly up to foley as it whether he is even interested in entertaining any inbounds if they actually are for real when it comes to apple though, this is a company that at least through its history, recent history, has not been interested in doing large deals i think the beats still is still the largest at like $3 billion that doesn't mean it can change. but if history is any guide, they don't like going down the acquisition route for a big deal. >> the core dna in cupertino is no acquisitions. absolutely, beats, 3.2 billion the biggest to date. you think we are seeing a new age here h i think microsoft buying activision sixel kicks it off and it's gosomething for apple, this is a unique asset that they

apple store to apple store. >> apple store to apple store. >> jimmy: let's do an apples to apples comparison of working in an l.a. apple store and a philadelphia apple store? >> i'm glad you asked. philadelphia apple store was the best. l.a. apple store, maybe -- [ laughter ] [ cheers and applause ] >> jimmy: why? what was it? >> first of all, the people are lovely, let me just say that. i love my co-workers, shout out to my century city apple store homies all day, all day. century city, which here is the beverly hills area. in philly, customers needed their phone fixed because they had to take care of their family, they had to get to work, they had to take care of their children. you know. gritty, it's cold outside, they need their phone. i don't know the correlation with that, but that's -- here, there was -- a couple stories. one in particular, a woman came to the store and she said, i need my -- she said, the swipe isn't working. all right, i put my finger on it, the swipe is working. she's like, no, it's not working for my dog. [ laughter ] and i was like, excuse me? there was this dog

you can do that using your apple id or through the phone's settings.d also make sure you remove any passwords and make sure your phone's fully charged before you send it off. and don't worry, even recent iphone models can bring in some bank. if you're looking to unload a gadget or two. on gazelle, a 128 gigabyte un/* unlocked iphone 11 will bring in $260. so if you're really ready to unload some of your late '90s, early 2000s memorabilia, a polly pocket 1997 jewel secrets play set that will fetch $2500 on ebay as of this morning. >> what about my smashmouth cassette. does that work? ♪ hey, now, you're an all-star ♪ >> yeah, what about that? that's classic. >> i was telling mona, i actually do own the original ipod. now, it's scratched up. it still works, and i have it. >> lincoln park, mp3s and all from napster. >> with all 12 songs on it. >> downloaded legally. i got this mountain bike for only $11. dealdash.com the fair and honest bidding site. this kitchenaid mixer sold for less than $26. this i-pad sold for less than $43. and this playstation 5 sol

apple under fresh air investors have been advised to vote against sir. tim cook's $99000000.00 pay packet. and here how brazilian taxi drivers driven round the bend by ride hailing firms have set up their own rival app is is date of a business on robots in berlin. welcome to the program. amazing of the g. 20 has begun with a warning that the crisis in ukraine could threaten the global economic recovery. finance ministers on central bankers from the world's biggest economies meeting in indonesia are assessing the possible impact of a major conflict in your. the pandemic has been a lesson on the interconnectedness of the global economy. and that's why the world is now watching the russia ukraine crisis very closely as the president of hoth nation, indonesia noted at the g 20 summit book guns. yeah, old dot one. what gap account, but it is not time to create new tensions that could affect global recovery, let alone jeopardize world peace. as we're currently seeing in ukraine young, it is necessary that every party puts an end to rivalry and frictions, and b

apple pay right now ballou generates a couple billion dollars per year for apple because they take aents on the dollar every time an apple pay transaction is done. take that off top for themselves. they will probably do this for this new service. this is another revenue driver long-term potentially. emily: when is going to launch? >> this is going to launch alongside of ios 15.4 in the first half of march, i am told. what this means is that third-party payment companies are going to need to sign up to take advantage of it. who knows when stripe and other companies be able to release apps to take advantage of this feature. stripes says they will release in the spring and probably more later this year. emily: i have to ask your thoughts on the massive peloton shakeup. 2800 employees are out. the ceo is stepping down. do you think the next guy can get right? >> i can't speak to the merits of cutting 20% of the workforce. obviously, that is not positive by any means. the number of missteps that happened under foley's watch were decisions directly made by foley over the last two years are

they can tap an iphone with apple pie. -- apple pay. this goes way back.ould be interested to see if this comes to the ipad. this is something you can connect to your iphone either wirelessly or through the lightning connector. you can take credit card payments. it does not require any external hardware but apple will be leveraging other potential partners to make this work. maybe square won't want to do that. >> they generated about $50 billion in change. and anytime they add a new service, a new point of sale for the company, they will generate revenue. but apple does is they take a few cents on the dollar. they are basically probably going to do this as well. this is another revenue. >> when will this launch? i know you have been reporting on that event. >> this will launch on this. they will hold that event for the new ipad. what this means is that third-party payment companies will have to sign up and take advantage of this. who knows when they will start to -- there will be more coming later in the year. >> i have to ask your thoughts on this massive

sí, y puedes llevarte un año de apple tv+ gratis. ¿y los clientes de sprint?por cuenta nuestra y un año de apple tv+ gratis. y los tamales? vamos a tener iphones nuevos en t-mobile, pedimos delivery. ♪ ♪ patricia: nos despedimos con una gran fiesta nueva york. ensign anta en la bienvenida al aÑo de tiene. china se cree que ahuyenta la negatividad. se mostrÓ un espÍritu o emita y esperan que este aÑo signifique un gran cambio con respecto a los anteriores. leÓn: nossumamos a adriana: mÉxico arriesga su sueÑo mundialista ante panamÁ. un partido que puede ser un parteaguas en este proceso mundialista. todo listo para el tri ante la marea roja. lindsay: colombia se tambalea y estÁ con medio pie afuera de la copa mundial. argentina parece una mÁquina, con o sin messi sigue sumando. adriana: el 1 de febrero serÁ recordado por muchos como el dÍa en que uno de los mejores de todos los tiempos jo

that apple introduced last year, and virtual reality.f those are a huge drag. i think from an investor perspective the thing that's difficult is it's hard to imagine any of these improves any time soon. >> well, i was going to ask you, on tiktok, is there the possibility that the government might put the squeeze on bytedance the way they have done to smaller chinese names in the energy and tech space, for example? on ios they talked about work around that would satisfied advertisers. are there remedies for those two things >> we'll have to see relative to bytedance, i think there is indeed a very significant risk from tiktok's point of view that the united states takes a more harsh position relative to chinese-owned companies. the practical problem from a national security perspective is that the u.s. data markets are freely open to anyone, including the chinese. so the chinese can get all the data they want from data brokers or, you know, through advertising on google and facebook so they don't actually need tiktok for any of that stuff

fortt and deirdre bosa today the harsh calling of winners and losers is this the metta market or the appleket nasdaq trying for its sixth positive day in the last seven. >>> plus, should peloton be peddling a sale? who makes sense as a possible buyer. we'll discuss. >>> bitcoin up 35% since sitting low 35k in late january. we'll answer a key crypto tax question this hour with bitcoin back above 43k, dee. >> we start with a stock rocketing higher today that of course is peloton, up 21%, just this morning, which given the company's downhill turn just takes it back to where it was trading, oh, two weeks ago multiple poll reports say amazon is floating an acquisition and nike bidding as well and one asking if apple is natural buyer. it raises new issues for tech investors in big tech should the biggest companies be acquiring growth especially given the huge draw downs we have seen in valuation. microsoft lost out on tiktok but certainly been ann acquirer more recently is that why we're seeing $10 billion of metaverse investment? peloton's market cap, guys, near $10 billion and that's close to

apple. good abdul hamid dunney has no idea what the future holds. should he switch to new varieties of apples? it would be years before they be a fruit for now. he's doing his best to salvage his trees. yancey gone, gone without the mother. this bron just died, but i don't think it can be said mother yes, you love to help me take a look at the crack and his bronze. it's completely split up and take a look at the trees high limb to a drive to repair them, but deal another human good will finally get us. and he had hoped to leave his orchard to his son as his grandfather and his father did before him. but now he fears they won't provide us that income and will only be a burden on his family. into these, the an age water has become a political and an economic pool. stance with more water have more leverage, some industries up prioritized, what are those when it comes to water supply? this causes inequalities that ultimately an unsustainable planet. let's take a closer look to unpack this better to regence across the planet from each other. but the same

i mean in many ways that shows the power of apple. if you want to talk about it, had to trust your apple can make very significant changes. and given the dominance of it, it's holden over the phone and enhance that. it can have incredibly significant implications to companies like facebook and of course, anti anti trust is a concern for apple to look at everything that's going on with the app store conversations. so, you know, increasingly these giant tech behemoths are competing with each other in new and different ways. and i agree with the statement about looking forward the metaphors, you know, people, it's very easy to be derisive about the matter versus cartoon like avatars having socially awkward interactions. i mean, nobody's getting excited about that, but if you look beyond that and see where facebook wants to go, i completely agree looking forward. the better vers could be a very, very important development in facebook. could be dominant, could be overly dominant d. and before we go into the mess of us, because we will be f

it's available to the apple app store.his is one of the reasons as i said earlier we need the nondiscrimination policies. but the important thing to realize with what apple is doing is with this app you have to download for the olympics. if you're going to the olympics, if you participate the chinese communist party has access, they would probably say they have ownership of that data. they could to value and track you and if you double the digital than they are in your wallet, they know who you are communicating with they are able to surveilled an audit those conversations, we are quite concerned about the security and safety of those olympians while they are there. for the developers and innovators that want to market their app on the app store apple is taking 30% of the cost if we could pass a bill it is going to be security and protection it is going to lower the cost of the app. jon: senator marsha blackburn we will watch legislation. thank you. do as i say not as i do, stacey abrams is taking heat from the big names a

almost every situation regarding apple, apple continues to defend the state of its current ecosystem by claiming and allowing 3rd party payments the providers would cheapen the services and threaten security, provide the customers the company has already been hit with a handful of multi $1000000.00 find from regulators across europe, but given that it's our record revenue in $22195000000000.00, it doesn't appear to be too concerned. so the government is finally figuring it out there, figuring out what these big tech companies are doing, which is look, they're making billions and billions of dollars in revenue for $1000000.00 of nothing to that. i mean, when we were talking about some of the stories over the last couple of years, it come out, the tech companies actually have a flush fund of billions of dollars knowing that they may face buy from global regulators anywhere. and at least if you're going to do it, make it hurt, but a lot of times the rules are you could only find them a certain percentage or a certain amount of what they do in that country. but if you want to find apple,

(gasp) oven baked apple biscuits! hold me leroy! biscuits!! fast free 1-3 day shipping when they just can't wait. chewy. hello, how can i? get fast free 1-3 day shipping when they just can't wait. sore throat pain? ♪honey lemon♪ try vicks vapocool drops in honey lemon chill for fast acting sore throat relief ♪ahhh!♪ wooo! vaporize sore throat pain with >>> welcome back, everybody. major averages hit a banana peel over the past few minutes why now at fresh session lows. nasdaq is down more than 3% or 460 points the dow jones industrial average down 430 s&p in the middle with a 2% drop meta and amazon under big pressure in the tech space amazon reporting later down nearly 8% now. facebook down -- sorry, meta down 26% alphabet down a couple percent twitter and snap also under pressure and their declined are picking up steam as well as we head into the final hour >> shares of vista outdoor, which owns 39 brands that offer all kinds of sporting goods, camping products, now trading lower despite a third quarter that was a record. the stock had a rou

results from apple, amazon, google and microsoft.here is a greater send that these names could once again be a safe haven to ride out the bumps in the road. so we'll see what happens there. meanwhile the number one percentage gainer today is tyson foods, right? that rode 32% rise in beef prices and other protein prices. here is the thing, earnings beat consensus by 49% that tells you about pricing power in this market. david mentioned peloton, the peloton sweepstakes could be underway but the question i have what other beaten down darlings could be in play. joining me, gary kaltbaum, shah galani and erin gibbs. i want to talk about the shifting tone, growth coming back in. gary, this is an area you excel in, are you aggressive? >> in my mind, yes, not with my dollars. some of the names went down 30, 40, 50, 60%. something to go down 50% rally 20, you're still down 40 in a big downtrend. i do think a couple mondays ago may be a pretty darn good low. i'm hoping to get better off of this. when i see google gap up to new all-time highs a

you can do that using your apple id or through the phone settings.should also make sure you remove any passwords and make sure the phone is fully charged before you send it off. recent iphone models can still bring in bank looking to unload a gadget or two. >> if you are ready to jewel secrets playset will get you $2500 on ebay as of this morning. kumasi: i am keeping mine. reggie: i am going to jump into that memory box i have. drew: do you have a poly pocket? reggie: do you question mark -- do you? drew: i wanted my sisters. i am waiting to cash in my beanie babies. they are in my mom's house out east. reggie: do you have peanut? drew: not the oji one. reggie: -- not the oh i have an ipod nano. drew: i am a hoarder and my fiancÉ is like, you have to get rid of stuff. we will find out. we have wet weather through the bay area. scattered showers. marin county with scattered showers. there could bsnow falling in tm. mount hamilton seeing snow. we have a winter storm warning in effect until 10:00 p.m., an additional eight to 12 inches possible. down to

last but not least, apple.le is qualcomm's largest customer and apple said they're working through the supply chain issues, that could bode well for qualcomm the company itself is pretty cheap compared to the competitors trading right now at about 16 times forward earnings. >> wow todd are you as bullish on it as the rest of the sell side? >> yeah. that was a pretty compelling story. i am not we don't hold it in our portfolios you know, it's -- it's been underperforming for most of 2021 we hold broadcom instead it's got a higher dividend qualcomm is only 1.5 broad come is about 2.7. qualcomm has been underperforming in semis and the broader market until they broke higher in the q 4 earnings we have held that support in the pullback that we've seen lately. we're on 168 i am interested to get exposure here i think there's a lot of bullish reasons to look at the stock into earnings. last quarter the ceo said they navigated supply chains really well kristina said their 5g upgrade is strong. they launched the snap d

apple, you're buying some more here why now? >> i started and i've owned it for a very long time it's 7% of my benchmark and it's big and i've been under weight for a very long time and after thanksgiving i started adding on weakness and it kind of adds like a defensive technology name, right? with 202 billion in dcash, i think they'll increase the dividend from 5% to 7% they can they can buy a ton of stock. 2 to 3% of the shares outstanding and i think they will that's the defensive nature. obviously we know about the quarter and it was very strong services had a real shot at accelerating this year driven by advertisements and driven by the app store and cloud. these are all trends that we've been talking about for years on end, but i think it will gain more momentum this year and 10q came out yesterday and i feel a really good about a 42% gross margin being sustainable 29 times is not exactly cheap, and i do like the defensive characteristics. i am now market weight the name. i'm underweight tech in general. so i'm looking for

so i was 14 and apple's privacy changes haven't affected us directly at all. do think it is affected some of our competitors and probably made us even more the go-to digital partner for large hospitals and pharma companies. >> jeff, thanks so much for being with us. jeff tangney, talk to you again soon >> great, thank you for having me >>> breaking news from microsoft on the other side of this break. stay with us competition beat us again. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. >>> welcome back to "techcheck." we have an exclusive interview with the ceo of arm coming up in ten minutes, as nvidia's historic deal for the chipmaker falls apart. dow is up 300. let's get a news update with rahel solomon. >> here's what's happening at this hour.