john chen: those are -- lucas: those are huge numbers.ven if you take the super bowl out of the equation, it is still pretty impressive, when you consider readings are down in every tv network. emily: it is interesting, because cbs is exploring strategic options around the radio division. it is certainly an interesting thing they are looking about -- looking at. it is also just as interesting when you look at, as lucas was just talking about, the network thing was unexpected. there has been such a deterioration across the line for this business. that 14% rise year-over-year specificallyvery in their television business, which was most of the revenues. it is a place where they are expecting to see some weakness. but this was so much better than anyone else, 14% year-over-year growth is a powerful number for these guys, in their most important business. and this is at a time when others are hurting. lucas: you brought up the radio sales. one of the reasons they are trying to sell the radio business is to reduce their reliance on advertising

soon, john chen is our guest. ♪ ♪ david: you are watching bloomberg markets.want to go back to the built-in institute. eric standing back with the ceo of blackberry. erik: thank you very much. how are you? john: good. erik: i have to start with the inevitable, because people rightly or wrongly continue to ask questions about your business and when you will, with new handsets and why you are still in this business, so why don't we start their? john: first answer, there will be about, we are working on two phones. this fiscal year of mine. erik: the fiscal year ends? john: end of 2017 february. another reason we are in the phone business, first of all, we have a lot of customers that rely on us, and these are the customers, especially government and legal professional, medical fields and investment banking, these customers -- the same customers i need to position might software business with. so is important i give them and end solution and give them a saudis -- a choice. it is hard because it is blackberry. [speaking simultaneously] anybody, it could be iphone,

we have the ceo of blackberry john chen us with. thank you for joining us. >> thank you. >> first off, your competitor, apple, bad quarter, first declining sales in apple. any evidence you're picking up wins from former apple customers? >> no. i haven't really seen that evidence yet. i wish i could. i think the whole high end market is softened. >> so do you view it as an industry issue or as an apple issue? >> i think it's a little bit of both. i think mostly because of industry. >> okay. so are you seeing this softening as well? >> yeah. last quarter we did see softening also. our numbers are probably more steady pt we do see it though. >> so unfair to say then that apple's quarter which, by the way, a lot of people would like to have a bad quarter like that, the number of phones they sold, is not attributable to blackberry taking share from them. >> i think that is a stretch. i'd love to say it. >> yeah. >> it's not true. >> okay. >> probably not true. >> in the last fiscal quarter, you had 27 corporate wins. any indication that

john chen says margins will continue to fall across the smartphone industry.e is concerned about the overall growth of the industry. he said the company would exit the handset business if it could not make money. he says there is room to make acquisitions and there is still demand for blackberry phones. nicheserve a pretty good pocket where people are serious about security and productivity. i believe i can distinguish myself by being more secure. apple's losing streak is nearing historic levels. eight straight sessions that the company has posted disappointing earnings. 18 years ago.ened more than $79 billion in market value has been erased in 18 sessions. it has not had a longer losing streak then nine days. pharmaceuticals is dropping as much as 30%. after criticisms from warren buffett who criticized the strategy. he said it is enormously flawed. he told a senate hearing last he was too aggressive as a leader. the stock has dropped 80% since its peak in august. hong kong started climbing last month but they failed to provide turnover. we have full analysis

john chen: i think it is a refocus back on software. they are in business to grow and create margin, not in businesses that really have no margin. this business was a tough one and that's the business steve ballmer pushed as his last assignment. i think they probably would not have made that decision. my belief is that they are cleaning up what was part of the old team and this is the right approach and they are repositioning the company around mobility and the cloud. so it comes in a different form. these software subscriptions, i get those across any device i have. they don't care what device you have they just want the software , on it. that has been resonating with cios and cto's we speak with. and that is why you see their enterprise business do so well. emily: are there any other small market share players you can see getting out of the business? paul: i think those localized players will come and go. which ones at now, time will tell. as we start to see the middle east come on board, and we see localized players in india, there a

chen and jason johnson. >> people are still trying to figure out is that donald trump or john miller? one person says emphatically that is not donald trump on the tape. his long-time friend louise, you may remember her from "art of the deal." i sat down with her and got the reaction to this audiotape. >> not the donald i know. >> what do you mean? >> i just didn't hear his voice, not the voice that resonates in my ears. >> reporter: so describe the donald trump that you know. >> the donald trump that i know is a very skilled, intelligent, incredibly determined, very successful, very charming, brilliant businessman, marketeer and to me a very loyal friend. >> that's louise sunshine. she knows him well, worked with donald trump for 16 years. we'll have more from our interview next hour. plus we'll release a big portion of that interview next weekend. still ahead, anger continues to grow as lines at airports get longer and longer. plus the controversy over the obama administration requesting public schools allow transgender bathrooms. details next. you know mom, i will change you. change