coming up, my interview with christian klein.e talk about whether the company shifts to the cloud and if it's paid out and how it has been impacted by supply-chain issues. let's take a look at mumble, match and spotify, all three popular subscription apps rallied after google announced it is slashing fees it takes from services like these on the app store. from january 1, the google play store will charge third-party subscription apps of 50% commission. previously they were charged 30% the first year and 15% beyond that. it will not affect most gaming, in app purchases are separate from subscriptions. comes after pressure from lawmakers. there is more to come there. this is bloomberg. ♪ emily: customers hoping to get their hands on the latest apple products may need to wait a bit longer. orders for the iphone 13 and other products won't be for sale until november or even december. bloomberg is reporting that some apple store employees say the supply situation is the weakest in years. apple is expected to break sales records durin

taylor: christian klein on how his company is responding to some of these supply chain disruptions. >supply chain disruptions are serious. semiconductor, from what we are seeing, this will also be the case in the next quarter. second to your other question, it's important we help our customers to overcome these disruptions. this is why we are further investing into new technology into the world's largest business network because technology can definitely help to overcome this pretty severe situation. ♪ >> it is definitely a market in flux. like the recession are bankruptcies or tsunamis, it really is a supply issue, not a demand issue. the volume is up probably 20 sent -- 20% right now. >> here in the port, we don't have a labor shortage, because of the leadership of our mayor, robert garcia and governor newsom. earlier this year we had a proactive plan of action to vaccinate the dockworkers. we do have an issue with truck drivers and warehouse personnel. >> the bigger issue right now is the labor force in the united states and pacifically getting more truck drivers, more capacity and

tomorrow will be joined by christian klein as well as the inventor of the ipod.se the founder of nest. always good to have him on the show in a conversation you don't want to miss. i'm sure he will have a lot to say about the supply chain as well. i'm emily chang here in san francisco. this is bloomberg. ♪ haidi: a very good morning, welcome to "daybreak: australia." we are counting down to asia's major market opens. shery: the top stories this hour, u.s. stocks rally for a fifth day. the s&p 500 within a whisper of a new high after its best start on earnings season in two years. haidi: bitcoin surges to a record

tomorrow will be joined by christian klein as well as the inventor of the ipod.urse the founder of nest. always good to have him on the show in a conversation you don't want to miss. i'm sure he will have a lot to say about the supply chain as well. i'm emily chang here in san francisco. this is bloomberg. ♪ moving is a handful. no kidding! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. ♪ announcer: the following is a paid presentation furnished by rare collectibles tv, llc. kim: in a letter dated back to december 27, 1904 to the secretary of treasury, president theodore roosevelt

christian klein, thank you, to him from sap. >> markets are at record highs as we speak.the s&p will be a record up .2% as we speak so we are on track for that record close. nasdaq is higher but a little way off. the dow way off. >>> time for a news update with frank holland. >> hey there the u.s. army and navy testing components for the hyper sonic weapons programs reuters is reporting at least one of the tests delayed. >>> in haiti streets blocked with burning tires and blockages. gangs are blocking for hijacking gasoline supply trucks the head of the gang believed to have kidnapped missionaries says we'll kill them if the demands are not met. >>> russian president vladimir putin said he's considering removing the taliban from the list of extremist organizations. they've held talks with taliban officials several times before seizing power in afghanistan and said president biden was right to withdraw from afghanistan sara, back over to you. >> frank holland, thank you. >>> after the break, we trade. we work finally going public more than two years at the failed attempt a