in the intel committee we have asked for an in person briefing by the intel agencies to we've asked for any underlying documentary intelligence. they may or may not have, and we hope that will be done soon as well as the full house briefing. >> thank you very much, mr. schiff. mr. adam smith is with us as will who is the chair of the house armed services committee. as you know they are marking up their bill so we is not here. but now let me reckon it's the chairman of the foreign affairs committee, mr. engel. >> thank you, steny. i think the words of mr. schiff is something that all of us left the white house thinking about, and scratching our heads. it makes no sense what so all for the president and the administration not to call out putin. i don't understand what it is with the president's infatuation with putin. if you just look at the facts and you say, okay, what happened? it comes into question the fact that there was about to put on american troops. if that is a something to go crazy about, then i don't know what is. but instead of the president apparently telling putin how upse

this isn't necessarily a dark day for intel. this expectation has been bandied about for intel. back to apple, i think it's a combination of the fact that potentially more exciting graphics, more exciting a.i. dynamics, certainly a more modern macbook if the chip is thinner, lighter battery, kind of a sexier story to the macbook which is not a big needle mover i do think this is about pushing on the supply chain, about vertical integration i think it's interesting to note also that in mega cap tech land this is the valuation during these times, covid-19 and wherever the consumer is going to be, that apple may be the most defensible valuation of the mega cap of the stocks who all had a massive day today. again, 22 or 23times seems to be the consensus, that's a blended multiple company iphones and services 16-25 that's where apple moves today. >> how do you see the valuation, karen? >> i see it as a little bit stretched. obviously we've been talking for a couple years now about the migration of the business model towards a more steady stream of services clearly that's a higher mul

but probably to some extent, it is priced and. -- to appleto intel are less than 5% of intel's sales,ll not have a short-term profit impact that will be significant to investors. however, it does underscore something significant. has come for the on theime, fall behind state-of-the-art manufacturing for semiconductors. -- intel ismeasured building chips at 14. . nanometers. are expectedhips to be a five nanometers. that is a more efficient and high-tech way of building chips. too butdibly impressive this is something intel should have been able to get to earlier than it has and it is one of the main reasons it is losing apple's business. david: if you are tim cook, are you already looking at november? david: there are so many ways the election could change things for apple. apple is so closely involved with china both in manufacturing and as a market. u.s.-china relations are critical to apple. tim cook has done a better job of maintaining a relationship with donald trump than almost any ceo. he has played his cards well in the trump era. probably he will be hoping quietly that we hav

do you believe the intel, and if it is true, what do you think that the u.s. should do? >> i think it is fair to say that there were questions, and certainly going back in a few months in the story, there were real debates in intelligence community, and i believe that. but i also believe it is important that they just do the work of digging into it, and figuring it out. now, obviously now that the story is everywhere, there is a lot of discussion about what is ahead and how we make sure to learn more now. i am glad it is happening. what i want to hear as the stepmom of an army officer is that i want to hear the president say himself, if this is true, i won't let it stand, i will not as commander in chief just stand by while russia targets our troops and pays for blood on their hands. so that, i still want to hear. i get that they are being pressure and he is being briefed and all of that, and i want a clear signal from the commander in chief so that people in the military know that he has their back. >> than you, congresswoman slotkin. we appreciate your time today. >> t

down those bumpy ride apple is also looking to switch to self sustainability as it plans to ditch intel chips in favor of it so we dig into the details of the move and the latest innovations from the tech giant with a packed show today so let's go into it right in. and we begin with the big news from the airline industry as we've done as a peer's set to risk. a $10000000000.00 bailout from the german government now this bailout package had been held up for several weeks as the airline's largest single shareholder dropped his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation the airline lost $10300000000.00 in the 1st quarter of this year at the company's shareholder meeting on thursday lou lou thousands of board chair carl loued with clay warned that voting against the deal would mean taking a big risk. you know. we have run out of money to this day we live on the reserves we set aside during the good years but soon we will have used mos

what about intel? long been able to maintain market position in the service-based, so what happens if we get the arrival of these macs? could this change the industry itself? or thefuture of intel u companies are no longer -- the future is about cloud infrastructure. if you look at intel, qualcomm, todia, they have pivoted offer their comprehensive portfolio of products for cloud infrastructure. related to intel specifically, perhaps they have fallen behind with silica and conductor and effexor impute -- silicon conductor manufacturing. in 2021 they will introduce their second generation of five nanometer and next year it will migrate to 10 nanometers. there is a wide gap between tsm and everybody else when it comes to manufacturing. this helps intel to focus and put more resources on allowed in the which will have higher growth than notebook and pc's together. haidi: obviously the first half of this year was unexpectedly strong for the chip industry given we sell pc application as well as data center

according from intel. several people familiar with the matter said it was unclear exactly how many americans or coalition troops from other countries might have been killed or targeted under the program. u.s. forces in afghanistan suffered a total of 10 deaths from hostile gunfire or improvised bombs in 2018, and 16 more in 2019. two have been killed this year. and each of those years several service members were also killed by what are known as green on blue hostile incidents by members of afghan security forces, which are sometimes believed to have been infiltrated by the taliban. hear from john in trenton, new jersey. good morning. caller: thank you for having me on c-span. the deal is is that i'm a vietnam veteran. and my father was in world war ii. and my whole family prior to that has been military. if this president has done that, he's guilty of treason. d if he's guilty of treason, treason carries a penalty of execution or life in prison. now, the united states people who are backing this president

that's according to a person with direct knowledge of the intel.nd "the new york times" is reporting today that officials provided trump a written briefing on that intel early this year. the news undermining repeated denials yesterday by white house officials and by the president himself that he received such a briefing. the times explains, quote, the white house stands clashed with the disclosure by two officials that the intelligence was included months ago in mr. trump's president's daily brief document, pdb for short. the compilation of the government's latest secrets and best insights about foreign policy and national security that is prepared for him to read. one of the officials said the item appeared in mr. trump's brief in late february. the other cited february 27th specifically. of course, we know the president doesn't read his written pdb, and he's the first president in history not to pore over threats to the nation. not to mention what we learned from "the washington post" as far back as 2017 that trump's briefers sometimes intentiona

there were intel reports. they were in the the president's daily briefing according to the times report. they convened a national security meeting in march. national security council meeting in march to go over the options of how they -- >> how to deal with this -- >> how to respond to vladimir putin and russia putting bounties on the heads of young american troops. and probably most damning to the president who is lying this morning and saying this is much ado about nothing, it's fake news, throwing his intelligence community again under the bus and the lies are inconsistent saying he was never notified of this. the trump administration was so concerned about this information that they held that national security council meeting at the end of march to figure out what response to take to the government of russia. and get this, this is what the trump administration is telling you this morning, and donald trump is telling you, that the trump administration was so concerned about this information that the trump a

by the time it gets to them, it's goods intel. when you put it on a presidential daily briefing, there's no question about the quality of the income. the white house is pushing two lies right now. the first lie is the president has not been briefed on this. that's a lie. and then of course you have donald trump's helsinki lie again that the intelligence agency is fake news, which is fascinating because you just wouldn't believe, willie, i'm so glad you 'he're here today. i'm going to give you shocking information. guess who else is saying that the intelligence community's information on russia to kill our troops is fake news? guess who's using the same language as donald trump. >> i think we just saw him in a photograph, and i think his people called it b.s. in a more descriptive term, yes. >> b.s. and using the same language in tweets. donald trump is parroting vladimir putin. and vladimir putin's propaganda chiefs. so here we are again with donald trump taking the word of an ex-kgb officer who said the collapse of the soviet con

that one. >> intel big gain.ink intel goes higher. >> thanks for watching "fast money. back here tomorrow with remo >>> my mission is simple, to headac make you money i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you money. my job not just to entertain, educate, teach call me 800-743-cnbc or tweet me at jim cramer. dow gaining 154 and s&p advancing and nasdaq climbing

so in the intel committee we asked for an in person briefing, but intel agencies we asked for underunderlyingtary intelligence they may or may not have. and we hope that will be done soon as well as the full house briefing. and i thank you, mr. hoyer. >> thank you, very much, mr. schiff. mr. adam smith was with us as well who is the chair of the house armed services committee. as you know, they are marking up their bill so he is not here. now let me recognize the chairman of the foreign affairs committee, mr. engel. >> thank you, steny. i think the words of mr. schiff is something that all of us left the white house thinking about. and scratching our heads. it makes no sense what so all for the president and the administration not to call out putin. i don't understand what it is with the president's infatuation with putin. if he just looks at the facts and say, okay, what happened? i mean, it comes into question the fact that it was a bounty put on american troops.

has been the go-to since 2005 but it will be a big direct hit to intel.know apple only has around 10% of market share when it comes to pcs. as for macs, they make up less than 10% of apple sales. it's not really a big direct hit but analysts say it's a bigger picture for intel that is waning influence and lessening innovation but technology will take some time. chips aren't an easy thing that you implant. if you have software designers they need to adjust and optimize software to adjust for new components. it looks like apple continues to power higher. record highs. this is because analysts say app store revenue and also iphone sales has actually been better than expected in this covid downturn but intel, intel going forward is one of your largest, most influential and premium customers, is switching to their own made chips instead. liz: that is very classic apple. they just say we're done with you, we're going to make our own which in certain cases definitely makes sense but taiwan semi is up 1.33%. i think that's interesting, they will actually help the

some of this intel actually goes back for several years. >> okay.you say they could have done it, you saying that because they don't like us or did they present you with information obviously without betraying what you were told specifically, but did they actually have intelligence that leads to some level of confidence that this was actually being done? >> well, i wouldn't phrase it level of confidence that this is actually being done, but i would say a level of confidence that it was a possibility. it was something we need to keep our eyes out, something we need to try to inform ourselves and to discern, you know, accurately is it true or not. but look, there are hundreds, maybe thousands of cases like this where we we're fed intel. we see warning signs. we see something that is concerning. we don't know if it's true or not. we keep looking. we pursue it. some of them turn out to have veracity, be accurate. many of them don't. it's an ongoing battle we have to keep ahead of something like this. once again let's be clear. russia, would it shock me

how is the intel generated out who is providing this into the home and is it pure or is it largely a partisan trick the intel engine sees how very largely trump and so it's not hard mainstream media you know to get in touch with sort of another anonymous intel the person to verify the veracity of these stories even if they're not necessarily true where even if we're hearing only you know a partial truth about it it's certainly trying to be spun in the way in a way that implicates trump in the worst manner to push by going across the finish line. after being delayed by the global pandemic moscow finally held its huge military parade on wednesday marking the 75th anniversary of victory over nazi germany the red square echoed to the sound of thousands of marching feet from those tasked with protecting the motherland and hot on their heels quite literally was a procession of military vehicles and equipment before the whole thing was topped off with a spectacular fly by. fifi . are very good taylor was down on red square and summed up the emotions of the day for us. to me actually the mos

apple may be planning to move away from intells at the worldwide developers conference. but have more on the story >> a big change could be coming for apple. bloomburg is talking about a shift in their processors and that means replacing chips from intell it will roll out next year and it is all to announce the big developer show that is coming up this year that will take place in the week of june 22 and it is a big deal they're going to have to hospital mice their software it could also be important for consumers. lighter, thinner macs could be on the way what does it mean for intell they say it won't mean a big final hit. by his math they are a low single digit customer, but it could be a rep station hit if they get more comfortable with intel alternatives they say they're getting greater deeper integration controlling more products from end to end. if more is down in house that could mean that cook could lower costs but they is they really have to execute. >> i think this is a huge deal if this happens because it sets a challenge for intel. they already bought the 5g

we're not going to let the system blame some low level intel analyst or case agent for defrauding thert. i believe it goes up to the very top and i'm going to get to the bottom of it and that means sally yates and rosenstein and mccabe and comey are all going to come before the committee and they're going to be asked what did you know and when did you know it. >> maria: do you think we're going to see jail time here? i mean, they can't all say i didn't know it, right? >> well, that's the point of -- senator holly was very frustrated. he looked at rosenstein, well, if it's not your fault, whose it. he said i'm accountable, i'm not to blame. jail time with lie with anybody who had knowledge that the russian dossier, the subsource disavowed the steele dossier. remember mccabe and horowitz said, the ig, that if you didn't have the russian dossier you wouldn't get a warrant because they tried get the warrant on of an occasion before. it was turned down. it was mccabe said there's a document in new york, you might want to use against carter page. it was the steele dossier. they never tried

. >>> apple says it will shift to its own chips ending a 15-year relationship with intel. saying it is a huge leap in how the company powers its products. >> apple silicon will bring amazing technology and a come your honor architecture across all of our products. >>> wire card whiplash shares rebound to the top of the stoxx 600 ending three sessions into an on going probe into missing funds. >>> welcome back you are watching "street signs." we've been closely tracking data first up on france manufacturing and then germany we saw a very strong number in the bounce back delivered less on germany still in the 40s. we've got the eurozone numbers crossing for the block the market flash manufacturing pmi at 46.9 versus 39.4 in may we have improved to that level 47.5 47.5 on the composite pmi and climbed to 47.3 from 30.5 in may. clearly the reopening normalization and social distancing on many plant floors has manufacture rear structuring of that number from various different countries from france, to spain resuming business and recovering these numbers that said, perhaps the f

joining us is intel ceo bob swan they're hosting a quarterly adjusted financial call including how intelats the employees in the environment they have ranked fourth on just capital's list for all of the work he and his company has done for employees. want to talk to bob about that thank you for joining us i want to get to all of that in just a moment. i want to start with this because i think it's something our audience has been trying to grapple with in addition to some of these larger issues, but trying to understand from an economic perspective the way intel is working in a post pandemic world and where we stand and more importantly, the relationship with china and the announcement by the trump administration a couple of weeks ago that would prevent huawei from buying supplies from u.s. technology companies what that means for intel and so many others. >> good morning, andrew. thanks for having me i think -- first i'd just say in terms of economic -- the economy, first half of the year for us has been very strong. as you know, we power almost 95% of the world's digital infrastructure

and with the caveat that intel is always murky, the president says it's not credible. is that the assessment that has been made by the intelligence community about this information? >> absolutely not, katie. that statement by the president is just flat wrong. it may be uncorroborated, and, in fact, there appears to be a dispute about how strong this intelligence is and different agencies have different views. that's very common, by the way. but it certainly has not been deemed not credible, and all the lawmakers, both republicans and democrats, who have been briefed on it now, have come away and said, these are serious allegations and there should be a response to russia if they prove toout to be true. there appears on a cia military divide on this where the cia appears to be -- have more confidence in this intelligence, perhaps because it's based in part on human sources, than the military and the national security agency, which does digital intercepts and intercepts communications, but that's also very common and in a normal administration, the national security advi

computeries short, mac since 2006 have been running processors made by intel.nouncing it is breaking up with intel and will start selling mac computers at the end of this year, early next year with its own processors based on the designs of the iphone and ipad. haidi: where are the likes of wells fargo upgrading their target on apple and saying it was a historic day? what was meaningful other than obviously the top headline of the apple-intel chip split? mark: yeah, i disagree with that in terms of it being a historic day of upgrades. the transition of its own processors is very significant, but other than that, there was nothing too historic about it. the software updates for the iphone, ipad, apple watch an appetitd apple tv were quite muted. the mac, which is one of the small sellers of the bunch, actually got the most significant update with an actual major redesign for the operating system. in no way is this the biggest apple event ever. shery: this conference is supposed to celebrate apple's developer community, but we have seen increasing scrutiny of the

there is a member of the intel community. i think with the new york times story reported is that they found a bunch of cash in one part of the country in afghanistan and that's when things started to move relative to this. many times have we seen that this is linked to the media and off it runs. that is one piece to fall follo throughout the day today. the other thing very relevant i the presidential daily briefing the intel community has to decide what is relevant and wha is not. his point is that the president decide what's he wants to be aware of and what he does not want so we could very well be that there was as sniff on the story, but it did not rise to the level that it needed to be contained in that pdf. this day for the policies he is looking at that day. we have to leave it there. coming up on the other side of the break, another deadly shooting near seattle's top zon as a wake-up call to the city t regain concern control of the city. also, a startling number of police officers filing for retirement. can city offici

intel saying that foreign adversaries of using social media and other tools to sow division. reaction to that? >> i have real concern about that. this is something others have done times in the past, try to krae create for anger internally. one, we should take this very seriously. make sure we're able to stop this portion. most important thing we can do is work as one inside this congress to not play in to those iteming of what they're doing. i do have concern of some things that are said on the democratic side, too. that they'll amplify and try 20 change fr20 -- to the defunding of police. i see what's happening in the state of washington and own member called on city's leaders to rethink policing truly upholds safety of all communities and redirects law enforcement spending and investing in essential services. got my own senator from california applauding the l.a.

you've been a consumer as well as, you know, assessor of intel.ow could it be that nobody would tell the national security adviser, the national security adviser, robert o'brien works not feel it important to say, hey, wee assessing this. this does involve the russians, and the taliban agreement, that you're talking about doing, we should talk about this. they held a meeting, interagency in march. how could the president not know? >> yes. we know that donald trump is know tore ou notoriously dismissive of the intelligence work and does not really read the president's daily brief. it really is the responsibility of robert o'brien, national security adviser, to be sure these things are brought to the attention of donald trump. whether or not he wants to listen to it, he has to do it. the intelligence community, that information they bring forward, if, in fact, it was a march nsc meeting, inside the nsc to discuss it and look at the options, robert o'brien had that responsibility to bring that to trump's attention, and so i don't buy that this was no

we want to make sure it is good intel. why is that?t is such a serious allegation, if it is real we'll have to take some action and so you don't want to provide dubious or discredited information that, information that turns out later to be discredited because then you would have acted on it to create an international incident. for joe biden to say that is reckless and irresponsible because, "the new york times" piece coming out is really caused us harm and he doesn't help matters when he makes those kind of allegations. david: let me quote the cia director, gina haspel who spoke to the point what the leak might have done. she said, preliminary force protection information is shared throughout the national security community and with u.s. allies as part of our ongoing efforts to insure the safety of coalition forces overseas. leaks compromise and disrupt the critical interagency work to collect, assess, and ascribe culpability. she is saying our national security was harmed as a result of this leak. how do you plan to figure out who le

intel of course, the public cloud is going to be there big money winner.up, we are going to be talking more about global growth and a take on the oil market and when we will see a true rebound in oil demand. this is bloomberg. ♪ you say that customers make their own rules. let's talk data. only xfinity mobile lets you switch up your wireless data whenever. i accept! 5g - everybody's talking about it. how do i get it? everyone gets 5g with our new data options at no extra cost. that's good. next item - corner offices for everyone. just have to make more corners in this building. chad? your wireless your rules. only with xfinity mobile. now that's simple easy awesome. switch and save up to $400 a year on your wireless bill. plus get $200 off a new samsung galaxy s20 ultra. ♪ this is bloomberg markets. taking a look at the s&p, lower today after erasing all gains for the year yesterday, most of the sector is in the red, also taking a look at what is happening in the bond market, a lot of buying in the backend of the curve. that steepening trend taken out a li

the latest is the intel community demato

>> yeah, the hardware news was surprising to me i think it is worse news for intel than it is good news for apple. it was just surprising when people are trying to focus more on their core competencies i thought the best news was the continued improvements to the air pods i think we will look back and view them as the great innovation the surround sound and what some thought was a bug, but now it is there. that will feel like something we were surprised we were able to live without >> do you feel like they need to address china directly or updated metrics on apple tv plus or app store scrutiny? things like that that we didn't really get yesterday >> yes i think that the biggest issue they are going to face is the regulatory environment going forward. they did approve hays but taking 30% on any app is crazy. it is a legacy from the days when they took 30 secents out of every 99 cents from a song on itunes and anyone that can take 30% of a transaction they're not involved in starts to feel more like, you know, organized crime than someone providing utility they're just going to need to be

it puts intel on the defensive. >> the same for intel. it is a symbolic blow.gin? how much will this help that they are in sourcing their chips? >> that is a good question. we are not clear what that will be. is it will help improve the gross margins on the mac. it is unlikely that we will see apple lower their prices but they will try to offer better performance and better battery life. remember that we have seen arm-based chips in microsoft as well as other pc vendors. to be honest, they have not had a big impact yet. i think apple knows what they are doing. i feel it they would not have made this move if it was not time to do that but there are some historical challenges out there they will have to address. >> the changes to the home screen, while expected to be , is it strange that apple is playing catch-up to android? >> the thing about apple is there are more cases than people realize in which apple plays catch-up. apple tries to figure out things that people like based on things their competitors have already done and then try to do another better. we sa

of being true but again we can't really know that well without knowing more about this how is the intel generated out who is providing this into the home and is it pure or is it largely partisan driven the intel egypt sees how very largely trouble and so it's not hard for mainstream media to get entire got in touch with the sort of it or not there are anonymous intel the person who turn to verify the veracity of these stories even if they're not necessarily true or even if we're hearing all the you know a partial truth about it it's certainly trying to be spun in the way in a way that implicates trot in the worst manner to help push by going across the finish line. of to being delayed by the global pandemic moscow finally held its huge military parade of minds like the 75th anniversary of victory of a nazi germany red square to the sound of thousands of marching feet and those tasked with protecting them up and hot on the heels literally came a procession of military vehicles and equipment before the whole thing was topped off with a spectacular fly past. lead . it hit. its. own corresp

the latest is the intel community demands to know how this week made it to the new york times in the first place. >> another summit, seattle's police chief center city is under siege by peaceful protesters after another deadly shooting in the chop zone, calls to restore law and order in that city. >> save the lives of several americans overseas and now this hero combat interpreter can officially call himself an american too. >> it is a busy one so far. you are watching "fox and friends first" on tuesday. jillian: thank you for starting the day with us. let's begin here. in a few hours the left democrats will be briefed on reports that russia placed boundaries on american soldiers. >> this as donald from double down on claims he was never informed of the threat. russia responds. >> the criminal spokesman issuing a fraternity now calling the allegations ridiculous among other adjectives, all that in the wake of this new york times report that a group of democrats demanding more answers have to the white house for briefing where kelly mcinerney is blasting the story. >> there is no cons

they did it in 2005, they moved to intel and it was pretty seamless.one year, 75% of products were then on intel. one quarter later they had 100%. so they have done it before. they have experience with developing processors. and we think that they basically have had a side-by-side development, you know, using intel, then arm, so it will be seamless. we think you will see product probably in january of 2021. alix: i feel like part of the reason why that is so important is it makes a distinction of, this is where they want to grow the revenue, contrasting with actually going into the apple store to buy a physical iphone. do we get the big replacement cycle we have been waiting for, or is the super cycle different, in which they grow, so that person who has an ipad buys an iphone and they get more service revenue? shannon: for a long time, there has been the question if they are a hardware or software company. i think they are all of the above. service is important. last quarter had a 65% gross margin. it definitely helps with the corporate gross margin.

unveiling now it confirmed that it's moving away from intel processors and using its own chips now is that an actual realistic move and how long is that translation going to take transitions but it's not it's going to be a very realistic no they actually just announce that they are transitioning to silicon it's going to take about 2 years for apple to full in migrate around transition over and this is supposed to be a more powerful more energy efficient and have security battery life and the 1st silicon systems are likely to shift out later this year but this is also likely in a deal to intel because apple is said to account tween 2 to 4 percent of intel's and all sales so losing out won't necessarily be devastating but it was definitely hurt especially in this current business environment where you really can't afford to lose anyone. you actually talked about this just a little bit earlier here where you said that apple and amazon they can't keep moving forward so i mean and that this bubble maybe not is going to burst but that the momentum is not going to move forward so what are we

for example, he covers intel and that's how he was. and investors from investors. and it's different from the iphone and the ipad and that's taking the skill set to the mac. >> in the lipton garden out there. it's beautiful the windows open love it man. thank you very much. >> let's go over to kelly. the apple of our eye. >> this might be the career highlight. we're talking about sending people to space, sending chicken to china and why square hit another new high all of that coming up in market movers flexshares may look simple on the outside. but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and contingency plans. creating funds that help target gaps in client portfolios. tap untapped potential. and strengthen confidence in you. flexshares. powered by over a century of investment expertise before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah ♪

the new chips, they are turning fwhas their back on intel. tell me where you really see the revenue coming from in all of this. >> so it's a couple of things. i think it's instructive to look at the iphone and the ipad and the watch. apple's ability to design its own silicon and really pull all the pieces together allows it to control the roadmap. so it can bring new features and functionality at a cadence that makes sense to apple instead of having to rely on intel. i think the revenue implications are that the mac will become an even more powerful and differentiated system relative to what else is out there. i think the second piece is that having this common architecture for the development community is important across apple's different platforms, because ultimately, and apple of course, you know, as we were talking about now, this dynamic with the developers, apple has to empower these developers. these developers need to flourish. i think the announcements around silicon will ultimately help many of them increasingly do just that. liz:

terrorist groups, once you get the intel in the military excess in our place, their extranet easy to degrade. there also very easy to rebuild. we seen it time and time again. and whether they are in situation mode, the being degraded or in rebuild mode. it depends on on things but the most important thing it depends on is the degree in counterterrorism upon the group. when the pressure is there, and was relieved, tense to immediately shift to rebuild mode. the income to implementation of those pretty obvious . in the third lesson learned is in is impossible i think to overstate the importance of physical safe haven through terrorist group. jewish they can feel relatively safe and secure print a place from which they can strategize train plot. therefore absolutely critical that we deny sanctuaries in these groups. when clean don't do that, history clear that the threat increases dramatically including the threat to the homeland. in the last lesson learned is that the smartest of terrorists are creative and they are innovative. not too many. we you would put in the category of extraord

in a little while but what i see is a very interesting bridge here because several companies, ibm, intel, a good case in point sees a continuum between disrespect and sexual aggression. kind of a horrible journey so some of the remedy these companies are putting in place are about respect, safety, one thing i talk about is the warm line, not the hotline that intel has set up because the idea there is employees can share their fears about, you know, kind of nuggets of exclusion, being pushed to the side that is happening before it develops and i do feel to see that continuum, i'm not just seeing sexual harassment and assault -- what i do. >> thanks for that additional point. something else, the cost in my view, we actually show sexual misconduct is expensive to companies as it impacts the bottom line. walk us through the costs you have seen happening to companies when they deal with onslaught of sexual advancement. >> very important. what i show, whether you are talking about the most obvious costs, lawsuits, just think the boy scouts have a bill of $2 billion in terms of pending lawsuits

intel just reported to be, they did not find this info credible. maybe not the same thing.sensus.hat is something that will be picked on. what seemsxtraordinary is if you have got everything that is intel, it is intelligence, what people have heard. as sometng as profound as that, that russians allegedly the grure sservice were paying a bounty to the telegram to take out american or british fighters inyo afghanistan would think that would be something that would go to the president and would go to the vice president. the denial is pretty absolute that he had not been briefed on this. e interesting wrinkle in all of this is that there are thsuggestion the british have been briefed on it. i have spoken to a very senior government source this evening who suggest they did not deny and did not confirm. if it was untrue, it would be the easiest thing in the world to deny it hadaken place. i did not get a denial at all. >> ok. since march, presiden trump has called vladimir putin a friend. he sent humanitarian aid to russia a pressed for pressure to be included in the group of seven meet