return a car all denim girl is on the program carl sat down with me earlier to discuss the recent apple i.b.m. deal and in today's big deal edward harris and i are discussing the chinese and mobile market and the future of apple's growth in da part of the world and other places plus remember you can see all segments featured in today's show on you tube it you tube dot com slash through best r. t. and on hulu at hulu dot com slash hero dash us now before we go to break here are a look at summer closing numbers on the shelves come on back to. you like me who want your comedy news with some ti want your comedy news to be a bare fisted no holds barred fight to the dad. like a vampire whining into the next in the corporate elite the billionaire freaks while they're going. well that's what you get with my new show with jack to the night. washington. is being sued steadily. on perceived going to actually doesn't do much for our revenue line tech agriculture giant seventy six year old american farmer the studio fallout do you think this is going to create for the cia a do you think this is what's triggerin

return a coral denigrates on the program carl sat down with me earlier to discuss the recent apple i.b.m. deal and in today's big deal edward harris and i are discussing the chinese mobile market and the future of apple's growth in da part of the world and other places plus remember you can see all segments detoured in today's show on youtube at youtube dot com slash boom bust our t.v. and on hulu hulu dot com. down. now before we go to break here are a look at some of the closing numbers on the come on back to. the stories we cover here we're not going to hear any right other big stories that have turned headlines and talk there's a reason they don't want you to tell me that aren't they telling the truth that we think we. know let's break the set. well if you're the market like. this or you. like to have you with us here on t.v. today i wrote researcher. with. the world now edward snowden's n.s.a. revelations that the u.s. government is sucking up your data whether or not you're a suspect but now it turns out that certain functions on apple mobile devices might be monitoring your personal dat

return a carl denham girl is on the program carl sat down with me earlier to discuss the recent apple i.b.m. deal and in today's big deal edward harris and i are discussing the chinese and mobile market and the future of apple's growth in da part of the world and other places plus remember you can see all segments featured in today's show on you tube at youtube dot com slash boom bust our teeth and on hulu at hulu dot com. now before we go to break here our look at summer closing numbers on fellow come on back. you know margaret mitchell author of gone with the wind one with enough courage you can do without a reputation but in a highly emotional social media driven world it was extremely concerned sometimes hysterical residents of twitter and the like hash tag their outrage thousands of miles away at the slightest deviance from what. which they all have tagg agree is the only acceptable course well people ya'll are going to nato all a lot more courage. right on the scene. first street view and i think that you're. on our reporters' twitter. and instagram. they want to so this is back to the midd

coming right up and karl denninger is on the show today carl sat down with me earlier discuss the apple i.b.m. deal among some other stuff and then in today's big deal edward harris and i are discussing the chinese of mobile markets and the future of apple's growth it all starts right now. with. our lead story today the origin time poker face argentina's president cristina fernandez his battle against holdout investors suing her country is increasing the odds that her government will default for a second time in twelve years it's almost a record now and hearing on tuesday u.s. district judge thomas decided not to grant argentina's request for more time to negotiate with holdout creditors and directed at both parties to meet with a court appointed mediator to reach a settlement judge creates a rule that argentina is not allowed to pay its restructured bond holders until it reaches a settlement.

i.b.m. is really the reason that this deal got done did everything to do with coke at apple and that is that i.b.m. has become a company that has become one of financial engineering as opposed to innovation if you look at their results over the last couple of years what you see is decreasing revenues and increasing or express share and their way they're funding that is through buybacks so essentially what they're doing is using a.p.'s which course looks great wall street but is masking agent cherish it in their core business so my suspicion is that what you really have here is a company flailing around looking for somewhere to stay relevant in a market that shifting away from them just as it did back in the oh the one nine hundred eighty s. and one nine hundred ninety s. when the mainframe kind of fell out of favor with a lot of corporate users. about this recently i looked at the same minutes going back to nine hundred fifty four and discovered that in every recession they had raised rates too late and then too much after each recession so we are on a scale of having it too late and then pa

i.b.m. is really the reason that this deal got done did everything to do with coke at apple and that is that i.b.m. has become a company did has become one of financial engineering as opposed to innovation if you look at their results over the last couple of years what you see is decreasing revenues and increasing or express share and their way they're funding that is through buybacks so essentially what they're doing is using a.p.'s which course looks great wall street but is masking agent cherish it in their core business so my suspicion is that what you really have here is a company flailing around looking for somewhere to stay relevant in a market that shifting away from them just as it did back in the oh the one nine hundred eighty s. and one nine hundred ninety s. when the mainframe kind of fell out of favor with a lot of corporate you're. right about this recently i looked at the same minutes going back to nine hundred fifty phone discovered that every recession they had raised rates to date and then to not. after each recession so we are on a scale of having it too late and then pani

i.b.m. and apple big deal coming out there now can we talk about that you know who will this deal really change anything for either company in your opinion i think it's you know it's not really that big a deal from my perspective i think you know this was about the bring your own device type of thing that people bring their own devices to companies and that's really a big problem but once you get ahead of that problem by saying look we have a solution to deal with the corporate environment but you know people are going to buy consumers who are actually working call prison. i phones anyway it's not really going to add up much juice to phones and i think that the market saturated any was so i don't think it's that big a do ok now amazon officially launched its first mobile wallet application and over the course of this year we've seen major new products from amazon like fire phone and fire t.v. so edward tell me about this what's going on what does this mobile wallet what will it do why is agree to me. the mobile wallet as they introduce it is pretty much nothing so it's. i think it's the first p

deal through that lens. >> that was emily and i with author of "captive you'd convince, susan crawford, as well as the former f.c.c. commissioner. still ahead -- apple and i.b.mhave put aside some long-standing differences to form a new partnership. we've got details about the deal about the two tech giants together. ♪ >> welcome back to the "best of bloomberg west." apple and i.b.m. have been rivals since the dawn of the personal computing era, but the two companies have put their difference as side in the interest of growing both businesses. apple and i.b.m. teaming up to developance on the iphone and ipad tailored to work with i.b.m.'s cloud services. emily and i spoke with the owner to talk about what this deal means for both companies, and we start by asking how big a deal this really is. >> first, it's how the tables have turned. i.b.m. used to be the company to accept the agenda for technology, and now apple will do that, so that is a really clear sign that we are seeing much weaker i.b.m. as a tech company. secondly, i read a lot of stories about this being a great move for apple. i think it's a defensive move by apple, because they were out of the ma