million, creating one job or more. 974 and bank of america will, google, others, help me out, hp and apple and dell. and time warner. instagram, not yet. [laughter] you get my drift. and so this is employing 1000 to 10,000. the 100 employees. 70% of all those employed, 500 or less. and this is at least 20 people. and are you here, as they say in my neighborhood. and about the restaurants he went to. fifty, 70, 80, 100, 500 maximum employees driving the largest economy and looking for all the wrong places and digging in all the wrong holes. and we tell our kids go to school k-12 and get a degree. and then go to college and then go work for a big company or government, neither which are hiring. a percent our jobs and the government. i just told you what the big businesses are and they don't grow based on people but efficiency. and the mechanism is you and me and start up and shoot up small businesses and on to reuters, so if you want to be a football player, they might then if i to you and you want to be a basketball player and a track you all the way through. and they will tell you and they

million, creating one job or more. 974 and bank of america will, google, others, help me out, hp and appleell. and time warner. instagram, not yet. [laughter] you get my drift. and so this is employing 1000 to 10,000. the 100 employees. 70% of all those employed, 500 or less. and this is at least 20 people. and are you here, as they say in my neighborhood. and about the restaurants he went to. fifty, 70, 80, 100, 500 maximum employees driving the largest economy and looking for all the wrong places and digging in all the wrong holes. and we tell our kids go to school k-12 and get a degree. and then go to college and then go work for a big company or government, neither which are hiring. a percent our jobs and the government. i just told you what the big businesses are and they don't grow based on people but efficiency. and the mechanism is you and me and start up and shoot up small businesses and on to reuters, so if you want to be a football player, they might then if i to you and you want to be a basketball player and a track you all the way through. and they will tell you and they want

apple and ipm? what impact does that have on hp? >> apple does not have a significant presence in the enterprise environment. it gives a greater presence after partnering with ibm, but i'm not so sure it's a direct threat to hp in the near-term particularly since we are talking about tablets where hp does not have that strong of a presence as of yet. >> bloomberg intelligence analyst anand srinivasan, thank you as always for stopping by. coming up, twitter taking action to remove video and photos of james foley's death. should companies like twitter and google be involved in blocking news? we discussed next. ♪ >> i'm emily chang and this is on bloombergst" television, radio, streaming on your tablet and on bloomberg.com . the killing of journalist james from has caused concern silicon valley to the white house. president obama took a break from his vacation to speak about the execution. around theand allies world, we share a common security and a common set of values rooted in the opposite of what we saw yesterday. we will continue t

and development, r & d capital. prompt an marie knot at washington university in st. louis. chroniclining how well they do. matching consumer products, apple versus hp know what a juggernaut apple's become, but is it a more efficient spender in research and money. ranked 37th on the rk, research kwoesh ntd 50 list, apple fell out despite the fact they spent almost $4.5 billion on research and development last year. hp, only, i say only, tongue and cheek, spent about $1.1. it's possible am isn't spending enough to keep growing at that healthy pace. meanwhile, highlight packard under ceo meg whitman made a commitment to spending on innovation, paying off for the company in ways. shares outpaced apple over the course of the past year and r & d efficiency may be a part of the story. stay tuned. our next matchup in the "halftime report" is is a toy story. barbie versus transformers, g.i. joes versus my little ponies, and for the full list go to cnbc.com/rq50, carl. back to you. >> really interesting stuff, thanks. dom chu at hq. >>> over to julia bourse stirn ju boorstin off the time warner call. >> the call just wrapped up. the ceo said they wouldn't ta

>> in the near term, apple and hp have good business momentum.y are trading at very low valuations. so i continue to rem those stocks in the next several months. >> good to see you, tony. thank you for your time. >> my pleasure. >> all right, pulling off the record high on the s&p 500, over to a quick market flash. >> retailers today are doing well, and one of them leading the pack, children's place. the children's specialty retailer raise, and in line with expectations, and the street's bullish on them today, up better than 3 .5%. >> thank you. u. up next, bank of america facing the music with a settlement, largest by a company in the history of the united states. we'll talk to charles about that, a former treasury official. also formally of the iff, remittiremit i representing the banking group. he'll join us when "squawk on the street" returns. ♪ ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting

appetizing i think if we use the pc analogy, what happened for players like dell and hp, they took it on the chin if you look at the apple mac, it's game share, prices have gone up, the margins have gone up. apple has a protected and unique ecosystem. it's difficult to switch from a samsung to an ios phone. so apple i think ultimately will have a positioning in the marketplace where yes it will have lower share like the mac has 6% unit share today. i think the iphone will be a premium product. it's difficult. you have to repurchase them, et cetera. so i do think the difference in ecosystem is really important. apple as the iose and those switching barriers were low. >> they were grouped together, if you look at the market share change, that was not different. does that factor in the new iphone and what do you think about total dollars, not just market share? >> i think part of it is that apple will have this protected high end whereas samsung gets about half of its sales from low to medium size phones and low to medium price phones, therefore they have to slug it out a lot more. the high end smartphone market is largely

and in the polls. the general election is november 4th. >>> tonight's bay area proud begins as do many silicon valley stories, in a garage. >> this is not hp or apple, however, it is a success story. garvin thomas joins us with the detail of team m. >> it's not a high-tech startup, but involves three brothers who work in high-tech. team m. has a root in something else, a love of tae kwon do and of their father. when the owners of this south san jose home brought it five years ago, it wasn't the square footage or the quality of neighborhood schools that sold them on it, it was of all things, the garage. it was perfect. not for parking cars, mind you, but for practicing their craft. the three brothers are the founders and coachers of team m.. a ten-year-old tae kwon do demonstration team. >> looking at an elite group of athletes. when they are together, you get the finest quality of tae kwon do showmanship. >> the brothers began in vietnam at the assistance of their late father. not loving it at the time, but growing to. >> i don't know when, just one day, oh, tae kwon do is my life. >> reporter: over the past decade, the brothers have grown team m.

and we have a dividend strategy. we typically divide the hp shares in a dividend strategy. we own both in both strategies. >> and where are you on apple now? is $1100 too much, too little? we talked about there always is a run up in this stock ahead of big announcements. we imagine we will be getting bun of those in a couple of weeks in early september. what kind of product are we actually going to see? >> well, we still like the stock in toerms of the new product that tim cook is saying he's got, a whole new product category. everybody knows, is it the watch, is it the itv? does that have to help in northwest. obviously, there's a larger key size without having a whole new question category. the stocks are, what, 15 tins times earnings looking at maybe 111% trade growth. you don't have that much downside on your multiples. but to answer your question, we're still buying the stock. >> dan, we're going to leave the conversation there. we should tell our viewers this morning that our own david faber is sitting down with meg whitman today. "squawk on the street" and you do not want to miss that. >> she loves him. >> did that wonderful do

>> you get a chance to buy, but i look at the tech, we have hp tonight, and i say, well, which do you want to own? i think appletock, and i would buy it on any weakness. i'd buy it right here. it's just good. it's like google, another one, just good. >> okay. leaving the conversation there. i'm excited about the next apple products. see you in a bit. >> me too, thank you. >> all morning, we p congressman paul ryan at the table. when we come back, talking immigration and possibility of repealing obamacare. that after this short break when "squawk box" comes back. and if necessary, it will even brake all by itself. it is a luxury suv engineered to get you there and back safely. for tomorrow is another fight. the 2015 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no busi

and september combined. you can find bundled deals. at best buy, you can get an hp laptop with a sleeve, with a usb drive, wireless mouse and internet security for as little as $300. at appleour ipad purchase or mac for college purchase. >> and school supplies, you feel like, gosh, we can't get enough. we need them all right away. where do we get a deal? >> go to the office supply stores. you can find lots of sales. staples have 50% of composition books. they have dollar deals where you can get markers for as little as a dollar. office depot, they offer penny deals. these spiral notebooks are one cent each. you can stock up there and get lots of sales as well. >> on those bulk items, you can go in with a friend. >> exactly. and back packs, i recommend shopping on line. at ebags.com, they're offering 15% off of their reduced price. so this swiss gear laptop bag was originally $100. you can get it for as little as 33.99. >> there is still time to get it with normal shipping? >> exactly. and you can get free shipping on some orders. office depot is offering a 25% off jansport as well. >> thank you so much. >> thank you. >>> coming up, a bus driver smoking synthetic pot behind