special treat here kelly cramer, the chief financial officer learning more about the quarter in the company's prospects. mr. robbins, ms. cramer, welcome back to "mad money." >> jim, thanks for having us today. we appreciate it. >> all right of course. now, chuck, even though the world's become a tougher place i know since we talked last i saw a nice reacceleration in business in orders talk about the transformation because it seems like it's even getting better in terms of software versus hardware >> well, jim, we have -- obviously we're very proud of what our team's accomplished this past quarter. we've been on this journey to increase the percentage of our business that comes from software and even implementing subscriptions on top of our cornet working portfolio,s which has gone incredibly well whether you look at our collaboration portfolio, security portfolio or cornet working portfolio we have drastically increased the percentage of software in our business and we've also driven a ton of innovation that obviously our customers are really believing in right now so we're really pleased w

i had kelly cramer on last week and she's a fabulous cfo of cisco. give me a break.t and cut numbers where are these analysts are they at the beach? could they already be? >> it is possible. >> are they in the hamptons already? >> semiconductor sales are declining at the fastest pace since the crisis texans breaking a hundred in december micron semis at three times earnings obviously micron is a good balance sheet. i just can't believe these analysts in the fox hole refusing to come out because it is not stopping >> right >> if you own those stocks, you better be conditioned and strap yourself to the mask because here comes cersei. >> we do have tesla with a one handle we have not seen that since december '16 the stock in december was 377 and it is now as someone pointed out,less than half of the 420 funding security >> wow 420. >> i am following cannabis >> yes, i know you have. >> david, it is okay sometimes i get jammed up. the wife calls me and you got to come right back or you -- you and i will talk. >> i think that tesla is monumental because we have had so man

>> well, i mean, we have cisco, not that much china, and by the way, kelly cramer, the cfo with mr.. we have roku and then we have goodrx, they're a disrupter, we're in on disruption we're disrupters too >> all right, jim, obviously a big night. a good lineup. hurry home we got two more days is today wednesday >> the questions are rhetorical, david. the questions are meant to bring out ideas. >> i know. but when you're here and ask them, we handle them better. instead of there just being this transcontinental silence as i look at you going, i don't know. >> i am an actual person >> yeah. >> like a video conference call that everybody can listen in on. dow is down 13 we're back in a moment creatin. so, every day, we put our latest technology and unrivaled network to work. the united states postal service makes more e-commerce deliveries to homes than anyone else in the country. ♪ ♪ i'm the only one of me baby that's the fun of me ♪ >>> good wednesday orning. welcome to "squawk on the street." i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exch

very interesting stuff also interesting jim cramer talked to the head of novartis, and he asked the head of novartis as you pointed out, what kellywould you do if you were the head of the fda and he said i would go after tobacco because that is the most preventible cause of death, and he said i'd go after the food companies because diabetes a killer as well. >> that's right. ahead of a big pharmacy and go after big tobacco and big food >> exactly. >> not us. >> we have morecoming up. >> yeah, not us. coming up more from healthy returns, i'll see you next hour. >> sounds good, guys, great stuff. i love the anecdotes me meg tirrell. >>> semiconductor names bounces back as the u.s. abruptly changes its tune easing some of the restrictions on huawei what that means for trade talks is ahead. >>> plus, if your child has ambitions to be a youtube star, apparently you're not supposed to quash them because there's now a summer camp for that good idea or a step too far? we'll be right back. i'm working to make each day a little sweeter. ♪ to give every idea the perfect soundtrack. ♪ to fill your world with fun. ♪ to share my culture with m