idc predicts blackberry market share will fall to .3% by 2018.re you going to change the direction of that? >> i hope so. can i change it immediately? no. in many, many markets around the world, blackberry phones are still the preferred phone. i will admit that in north america, with the banks, some of the hospitals, and the that wents, outside of , don't do well. i see people in the professional world still using our devices. it is my job to recapture it, that interest in that loyalty. i think we have a shot at it. >> in a future where chips are embedded everywhere, in our clothes, walls, do smartphones matter? do these numbers matter? >> smartphones will not matter in the long term. i think smartphones well -- i think devices will matter, how things talk to each other. the whole internet of things is really real. and the question is how and who will make money out of it. it is not clear whether it is the traditional handset people. >> you sold sybase to s.a.p. are you going to sell blackberry? >> there is a standard answer for non-company offic

our basic infrastructure up to date, planning for electronic medical records and other things such as idc 10 and others we'll have continuing focus on some of the issues that we've been looking at for the last several budgets which is getting our population health division where it needs to be, planning to open the new san francisco general hospital next year and continuing to focus on all of those network metrics that are going to be drivers for our financial performance over the coming years. much more to come. we have planned to have hearings on our

our basic infrastructure up to date, planning for electronic medical records and other things such as idc 10 and others we'll have continuing focus on some of the issues that we've been looking at for the last several budgets which is getting our population health division where it needs to be, planning to open the new san francisco general hospital next year and continuing to focus on all of those network metrics that are going to be drivers for our financial performance over the coming years. much more to come. we have planned to have hearings on our proposals for the budget at this commission in february. the budget submissions by departments goes to the mayor's office on february 23rd and we'll be continuing reporting those as the budget is introduced and heard by the board in july. i'm happy to answer any questions. >> commissioners? commissioner singer? >> as to the financial performance and planning and thought is terrific. i don't have any questions. i'm looking forward to our next diving into the real details. thank you. >> i think you are right, i know you are right. there hasn'

breaks a big-- idc slowdown in smartphone growth in the next few years. expect 1.6 billion to be shipped increase, but will slow in 2015. android remains the dominant platform, commanding 82% of the market. is cyber monday starting to lose some of its importance? as of 3:00 p.m. eastern, online sales were up 8.7% from last year. increase, but much slower than the 20% growth rate from 2013. mobile accounted for 39% of shopping traffic so far compared to 30% a year ago. be will cyber monday sales at amazon, the world's largest retailer by revenue? amazon's for paired for huge volumes of orders, with the company using 15,000 robots at 10 of its the film and centers. cory johnson is at one of those fulfillment centers and tracy, california, about 60 miles east of where i am in san francisco. is a little different for amazon, isn't it? >> there are a lot of important things going on at this fulfillment center. it is cyber monday and it is the biggest day of the year for amazon and big for online retail as well. this is still important because of its location,

look at idc, gardener report, it was mostly samsung that dropped from 32% to 24% while xiaomi had theun in market share and apple stayed constant between the past two quarters. >> what's a threat i think about xiaomi is the fact that it has from the get-go been an extremely low margin business. when you have a company like samsung or apple, where investors get used to pretty fat margins, they want that profit coming in, but investors in xiaomi, they know that that is the model the company is running. >> buts there's been a lot of confusion around the margin, really around 13%. some were saying they only did $56 million in profit and a lot of article say that was from one subsidiary it's $560 million in profit. 13% margins, competing to win market share and move up a little with media, maybe they get to 20 or 30%. >> tiny bit of breaking news. haven't been able to read it but got an alert that shake shack has filed an s1. this has been speculated for some time. they were in talks with bankers. i believe if memory serves me morgan stanley and goldman sachs working on that ipo. this is p

data that ise idc released publicly. for unit sales. revenue would be a little different. the total business. that is a part of the business. we have been able, pretty much across the board, to grow the business faster than the industry. lowhese days, that would be to middle single digits? forot for writing -- not riding -- i don't have to answer that question. we are generating a healthy cash flow. we are paying down our debt aggressively. the business has a healthy rhythm to it. the year has gone well. >> where are you on operating margins? >> operating margins are pretty healthy. we are operating in a comfortable zone. we are able to reinvest in the business. again, -- a thing because it is that you have an opportunity to do as a public company that is easier than when you are -- to do as a private company then a public company. are you becoming more efficient? >> more efficient and productive . we are adding headcount in research and forgot to -- in research and production and sales. you think about the next billion customers that are being added. into the digital age.

the dwromt fwomt development sector when she was getting evidence to the idc the other day, she thought it would be good for parliament to be engaged, but just three things to flag. the first is early warning surveillance. clearly, the world we want w.h.o. is the director general's knowledge to do a much better job on that and there's a special session on 25 january, start start to get into that. but there is a very important question about what other things should compliment w.h.o. the u.s. as you know, have a lot of institutions in this space and cdc have played an important role. it is a question for us about what news we want to make of our own scientific call capability, which prime minister has been asking about, talk eed about. that's the first set of issues. second set is around response institutions. obviously, nationally, but also recognizing that you can't build a health system that's going to deal with major epidemics in ten years or 15 years, so all we can to build up the systems, but we do also have to sa ask ourselves how next time are we going to know that we have a larg