john butler joins me now from new york. you have followed this company for a long time.his valuation of $45 billion for a company that is totally not profitable is fairly amazing. >> it is pretty amazing but so is their growth. they are on track to ship 60 million smartphones this year. when you look back at 2011, they were just a startup. we are talking a quarter of a million units. the growth has been meteoric. one of the keys to their success in my view is the fact that they into the young culture in china. they have resonated well with them. it has earned them the neck name the apple of china and it is well deserved have an online only model. they are begin to software. they are getting into apps and gaming and video in the have done a superb job. hats off to them. is interesting to me and when you look at market share, there is their strength but it suggests how variable this market can be. they have grown to this great big market share globally. overall, that15% is a great strong thing. that also suggests they could lose it as fast as they got it. >> may be. thehis

john butler of bloomberg intelligence. nd. 18 minutes our on emily chan will be speaking to john chen at 11:30 a.m. eastern. >> all right president obama will enter a news conference before he applies off with his s -- for the who would for the holds. peter cook is with us from washington phil, how does the white house feel as it heads here into the new year? >> like they have got momentum. they will acknowledge that 2014 was rough and every time they thought they were taking a step in the right direction, there was a foreign policy that would flare up that often beat down what they were trying to do. obviously the midterm elections were pretty devastating for the entire party, however, what they have done in terms of reaching a climate deal and then immigration action, the cuba announcement earlier this week. they feel like they are moving into this new year even though there will be a lame duck with this momentum that should try and help them solidify a legacy. >> peter, obviously phil normally is in washington, d.c. with

john butler joins me now from new york. i know you've followed this company for a long time.ot really a long time, because it has not been around a long time. this valuation for a company that is not profitable is a fairly amazing. >> it is, but so was their growth. they are on track to ship 60 million smart phones this year. you look back at 2011, they were just a start up. talking a quarter of a million units shipping back then. so the growth has been meteoric. one of the keys to their success is they have tapped into the young culture in china. they have resonated with of them. it has earned them the nickname the apple of china and it is well deserved. they have an online only model. they are big into software. they are getting into apps and gaming and video and they have done a superb job. hats off to them. >> what is interesting to me, it tells us a lot of their strengths, and also suggests how variable the market can be. they have grown to this big market share globally. 15% overall within china. that is a strong thing. that also suggests they could lose it as fast as t

joining me for today's sector report is john butler, senior telecom analyst.-time research on companies and industries. let's start with verizon. say?did verizon what they basically said was that margins were going to come in theong with eps fourth quarter. it is due to heightened competitive activity, which is code for a price war in telecom. t-mobile and sprint are the instigators. >> what did at&t say? they are getting crushed today. what do they say is affecting results? affected in ao similar manner. one thing they are saying is their net ads are going to be up on a sequential basis and you're on your. is howly, what they said this is going to play out -- it's the holidays, it's been a promotional time in telecom. at the end of the day, all carriers need to generate cash flow to invest in their networks. the ugly promotional environment can last for a wild but it will never last forever. at some point next year, you will see things calm down and we will be back to business as usual. >> we are still not seeing such a bad competition -- no more on limited i

her teen assists, a double-double for john wall. butlerame off the bench and added life immediately. this shot from the bonus fear, 3-5 from behind the arc. the wizards win 107-86. antonio-philadelphia, the drive in the throw down. is high, gravity defying slamdunk. he is six foot five inches. 03. spurs win 109-1 jay gruden met the media today. he talked about what he saw in the game video from yesterday. the redskins looked like a ragtag team most of the plays, six plays of 20 yards or more by indianapolis, guys going uncovered. this is week 12, and some of the defensive backs were totally confused. >> we can all see it right now. there are too many blown assignments. i feel like we are putting in the time and putting in the work. monday through saturday. we are doing a fine job of that. it's unfortunate it is not translating onto the field for whatever reason. we have to find out why and challenge our guys the last four games. the most important for games of their careers. >> the high school play of the chaining safety for christian high

year with a full day of ncaa basketball action at 2:00 eastern and highlighted by butler taking on steve lavin's st. johns red storm. that's at 4:00 on the cbs sports network. as we welcome you back in our studio one more time guys. it's been great sitting here watching the season unfold for the first time the whole season long. any final thoughts as we say good-bye to college football on cbs? >> a great job by you. you did an excellent call. a series of close calls. a wake-up call for the big 12 and others. they got it right. >> they did. where they arrived at the four times, fine. how they arrived, not so fine. another tremendous football season. a lot of parody in college football. what we saw today is a testament to that. you have to bring it every weekend. another wonderful season. >> enjoy watching the game with you guys off the air. that will about do it. >> you're going to mess me screaming at you. >> thanks for watching the dodge pstgame show. here's a look what's coming up tonight on cbs. a reminder, the road to the final four continues on cbs. next saturday we'll ring in the new year with ncaa

john wall. he draws the defense before dishing to butler who nails the three.ck out this drive by wall. he does a 360 and lays it up and in. he had 24 points and 11 assists. frustrated by wall, quincy acy later knocks him down. they nearly come to clowes. acy was ejected. washington wins 102-91. the knicks have lost 16 of their last 17. >>> college football bowl games will resume tomorrow with illinois and louisiana tech, dallas bowl at 10:00. rutgers versus north carolina followed by north carolina state versus central florida in the st. petersburg bowl. >>> don't forget watch college football's first final four on espn new year's day at 2:00, second-ranked oregon playing massachusetts state in the rose bowl. at 5:30, number one alabama takes on fourth ranked ohio state in the sugar bowl. it all leads up to the national championship game january 12th on espn. this abc 7 sports report brought to you by orchard supply hardware. be fun to see that playoff. >>> finally, a few thoughts about what really matters. i hope that you've had an absolutely wonderful day wi

john wall. he draws the defense before dishing to butler who nails the three. check out this drive by wall. he does a 360 and lays it up and in. he had 24 points and 11 assists. frustrated by wall, quincy acy later knocks him down. they nearly come to clowes. acy was ejected. washington wins 102-91. the knicks have lost 16 of their last 17. >>> college football bowl games will resume tomorrow with illinois and louisiana tech, dallas bowl at 10:00. rutgers versus north carolina followed by north carolina state versus central florida in the st. petersburg bowl. >>> don't forget watch college football's first final four on espn new year's day at 2:00, second-ranked oregon playing massachusetts state in the rose bowl. at 5:30, number one alabama takes on fourth ranked ohio state in the sugar bowl. it all leads up to the national championship game january 12th on espn. this abc 7 sports report brought to you by orchard supply hardware. be fun to see that playoff. >>> finally, a few thoughts about what really matters. i hope that you've had an absolutely wonderful da

introducing relay by wink it's like a robot butler, but not as awkward. hey john,whoa!k it out. yeah, i was testing to see if we really can turn any device in your house into a tv. and the tablet worked just fine. but i wanted to see if the phone would work as well. so i shrunk sharon. every channel is live just like on tv. but it's my phone. it's genius. shh! i'm watching tv. tiny sharon is mean. i'm right here. watch any channel live on any device around your home. download the xfinity tv app today. >>> because of the extraordinaiextraordinary service the men and women in the american armed forces, afghanistan has a chance to rebuild its own safer. it's going to be safer. >> that, of course, president obama, on christmas night telling troops in hawaii the mi mission in afghanistan is ending there. >> we still have difficult missions around the world including in iraq, and we still have folks in afghanistan helping afghan security forces and we have people dealing with ebola in west africa, and we have folks stationed all around the world. >> steve clemens is an editor at large