what istion remains, the proposition for the consumer that is perfectly happy?ou look at the movement instagram and the content that phone doesn'tthe ,nable sufficient versatility immersive capture. is freeare trying to do are consumers from the capture experience and let them live the moment and the activity and capture that activity. on the other side, on the software side, we want sharing that content to be as easy as if you captured it on a phone. freeing our -- consumer to enjoy the moment and having the same convenience with a phone. atyou are looking profitability. is this a sustained return to profitability beyond the end of the year? set a stretch goal at the beginning of the year to be profitable for 2017. we expect to see that. we expect to achieve double-digit revenue growth. we do expect to be profitable next year and more profitable in 2018. we brought in a number of cost measures in march. it took several months to get those. yearll have the full s.nefit of those cost-saving andxpect to expand margins reader profitability in 2018 area >> shares ar

. -- it istion is not still trailing the overall market.erthe cash to 10 times. 10 times earnings. on the other hand, the news has been uniformly positive. a couple of months ago we had questions about the ole db cover -- the news is so good i expect something to go wrong. almost $250 billion managed the way an asset manager manages money. could something potentially go wrong with that cash pile? michael: i hope not. i expect -- i was just reading for a came onset, wireless -- we have abe couple of things that could be with the supply chain. right now, it looks like not. rumors about two months ago but not now. if that occurs -- vonnie: problems anyway that are fixable. michael: i distinguish myself between the apple investor and the user. if i can wait another month or two for the x or the 10 i'm happy to do so. mark: when you've got this super duper model on its podium, whatever it costs whether it is $1000 or more, to what extent does it cannibalize potential buying of the other models? 7's?ew numeral eights and michael: a lot of us, inc

the flipside is that, at some point, most all of the state , istion data is networked put on some type of electronic device or electronic means. and of concern because one to get spare, you have the potential for alterations, destruction, anything that might change the thelts and more importantly results. that is the biggest concern i can think of. >> we have heard the political perspective, a little about the technical perspective. i teach on these issues, i think that the think about policy, politics, technology, but also the threat. she literally just got back from estonia. you can tell she is a pretty brave person because when you go out there and advise people about how to protect themselves or mitigate the rusk -- risk, usually the russians go right after you. some really good stories about that. she writes for political. , she saidis year hacking the u.s. voting systems would be uncomplicated. -- sometimes security is the best form of complexity. -- complexity is the best form of security. on one hand it made me want to pull my hair out, on the other hand it is easy to figure ou

somewhere in the region of 60 or 50 basis points. , fabio, istion inflation moving closer on a core basis toward the ecb target? thornt going to prove a in the ecb's side? they could be normalizing policy with inflation stuck below 2%. fabio: inflation next year will ecb --r than when the except but where the ecb is likely to be disappointed is in their wage growth. a very bulky weight, they see wage growth almost 2.5% by 2019. he think it is very unlikely opinion -- we think it is a very unlikely opinion. the fact that the wages in the eurozone tend to be very persistent and depend on past inflation it were quite likely to get stuck into a low inflation and low-wage trap the can make of these to be quite hard. james barty and fabio balboni both staying with us pierced a with bloomberg. .- staying with us we are going to be chatting with felix hufield. this is bloomberg. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast b