, and compared to denmark, a country with highest mobility in the world. charlotte, along with atlanta, milwaukee, dayton, ohio and indianapolis, have the lower mobility compared to some developing countries in the world. when you hear broad comments about america's upward mobility, be careful. congressman paul ryan has also conceded, the chances of upward mobility are terrible. that's true when he talks about his constituents but on average, it has remained about the same for decades. now that's still not an easy pill for most parents who dream of seeing their children, regardless of where they live, seeing growing the economic ladder, that doesn't dmsh the government making -- diminish the government making things more difficult. nayson henry says doesn't mean we've lost the economic dream in general but does bring into question whether that dream ever existed on a national scale to begin with. nathan is an assistant professor of economics from harvard, is it a misnomer to think that americans have upward economic mobile whereas it's been the same as it'

to t mobile. just look at these images. people are sending letters of how they are riding dear john letter to verizon and at&t saying i am breaking up with you and going with t mobile. what a business, including little kids. t mobile a ton of attention. we are going to debate whether t mobile will be swallowed by sprint, academy award season upon us, nominees have six weeks to watch the films of a golden statue, return to theaters for some films. we will tell you you can see in the theaters and who is cashing in. ♪ ♪ [ male announcer ] you're watching one of f the biggest financial services cpanies in the country at work. hey. thanks for coming over. hey. [ le annouer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones masense of investing. open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, exp

you will remember that the t- mobile ceo. kicked out of an at&t party, and now, he is hoping he has the last laugh. earlier today, he said t-mobile had the best year, making it the fastest growing wireless carrier, 1.6 million in the last quarter. again, they call themselves the "uncarrier," and they say they are going to pay off early cancellation fees for those who switched over. here is what he had to say on bloomberg television. >> unlike my normal behavior, this is for everyone, verizon, sprint, at&t. i generally like doing things that cause pain to at&t. >> always a character, and we will have more on that interview coming up later this hour, but first, we bring in our editor at large, cory johnson, and this is the level he is taking this too, and what do you make of the 1.6 million subscribers? is that a big deal? >> i think it is a big deal. it is good they have subscribers. if they are going to be a serious competitor, they are going to have to have a lot more subscribers. the selective release of information, and i

that make it easier for mobility?ll, it's difficult to draw lessons from cross-country comparisons because there are lots of other differences across areas. but in another study we've done to actually discussed on the newshour a few months ago. >> i remember, yes. >> we look at the geography of mobility within the united states and show that there is a lot of variation in upward mobility across areas within the u.s. so to give you one eck ample, the odds of a child from the bottom 20% reaching the top 20% are four out of 100 in atlanta, but 13 out of 100 in san jose, nearlyty time-- three times as large. and so the question that we ask is what is driving that difference in upward mobility within the u.s. and we identify a set of factors, a set of correlated factors such as segregation, income inequality, the quality of schools in anier, family structure and measures of social coheesiveness. all of which are related to a higher level of upward mobility. now we don't know exactly what the cause of the termance what the

mobile users were 73% of mobile. that shows you a spread, a gap how many users are mobile and yet far less of your advertising is mobile. they have to get that mobile advertising nnmber up to match the number of users that are mobile. >> dennis, i don't have the mobile advertising number but overall is 2.34 billion. how does that deal with what expectations were? >> now you're saying on revenue or on members? david: third quarter revenue from advertising, 2.34 billion. >> four they were looking for, most substantially all the revenue is indeed advertising. 2.33 was the total expectation. sounds like a pretty good number there. liz: mobile advertising revenue representing about 53% of ad revenue in q4 versus 49% in q3. >> okay. liz: that is exactly the number that gene munster told us to look at. he also said i said what's number two? youth engagement. that was the problem last quarter, right, dennis? >> yes it was. wall street got its nickers in a twist over report that is facebook over billion users lost 3 million t

from mobile?ntohave made that move mobile. the dp percent of all of the money they get in advertising comes from mobile. 50% of all the money they get in advertising comes from mobile. users useters of facebook on their mobile. this is why there was sharing it there. this has helped push sales up 63%. look at that screen. up 8-fold. they were worried of scaling back the amount of ads to receive on facebook, when you look on a facebook page, you have a wealth of newsfeed imaging pictures of your friends and updates. they said they were going for quality rather than quantity. -- they didd they not get as much money in the door. this is why profitability is up. they could become an even more dominant force. you could see an increase in their market share. of course, there is a concern of the business model. they are wondering whether teenagers are spending as much time as they used to. there have been some worrying trends. the strategy lab said look, in 2011, the number of teenagers of 13-17 logging

the china mobile pricing has come in. it isn't as exciting as some people had hoped for because we did see that china unicom and china telecom ahead of this announcement did lower their prices. so china mobile numbers and their pricing not as exciting to be. online, there have been many complaints saying that the price of the iphone through china mobile should be lower. we'll see as to exactly how it is all going to pan out. china mobile did mention the subsidies. that was another big issue because people are wondering how much these phones would be subsidized. in other words, if they're subsidized a lot, people would be more willing to switch over to china mobile and buy an iphone. as of right now, china mobile has said those figures about the 70s will be released at the annual results in march. >> good stuff, eunice. thank you so much for that. >> and, of course, we'll bring you more of cnbc's interview with apple ceo tim cook and chairman of china mobile chairman xi gouhua at 11:00 cet. >>> right now, global hours an e

it is hard to think mobile first . you can argue that twitter is mobile first.ut they said that, uncertainties, mobile revenues exceed desktop revenues. we have not heard that from google and yahoo!. we know that things tend to be less valuable on mobile. we will see how that transition goes. at some point, the companies are going to require -- we know that yahoo! was dealing with the fcc about what they did not want to disclose. they did not wanted disclose their reliance on that agreement, which could expire in a short time. if their mobile numbers looked really good, they would disclose them. if they have not disclosed, a.b. they are not a strong -- maybe they are not a strong. >> this discussion is going in an interesting. the moderator asked, what kind of technology has transformed her like the most? one of them said that fitbit. they could tell when the other person was not working out. take a look at this. >> are you feeling ok? i was like, what do you mean, michael? he was like, i'm very worried about you. i'm your friend on the fitbit network, and i not

by the end we'll have more mobile users and more mobile traffic than we have p.c. traffic.you have to be prepared for that and we pride ourselfs in running the world's largest startup. can you be the largest company and be flat and transparent and enable people to think about how should we be changing and what are the new, disruptive things we should get into? >> here's my question, she talks about mobile now for more than a year but the same thing is happening at facebook and same thing happening at twitter where it's more possibly and doesn't mean more people are using yahoo! but that they're using it differently. what does it say about their traffic and their growth? >> first of all, six days out from reporting the quarter and that will be a big deal in the midst of the turn around where every 16-week period matters bigtime. this is a huge transformation we're seeing across businesses and it's not just about adopting their existing business to mobile but when you have a company like yahoo! trying to find its way and find relevance they've lost over the course of 10 years

let me ask about t-mobile. do you want to buy t-mobile? technology company, we look at all technologies and all our options. there are multiple possibilities for us to get into the wireless space. that could be one. there are many others. right now, we are focused on trying to acquire spectrum which really gives you the purview or the way to get into the wireless space. spectrums like oil, gas, water, gold, you cannot get enough. we are in the process of accumulating spectrum and we believe that will give us the foray into the wireless space. >> john legere gets a lot of headlines for his strategy, what do you think about what he has been able to do over the last year at t-mobile? >> i used to work with john. i do know him. i think he has done a nice job of changing the consumer offer in the wireless space. i give him a lot of kudos >> last year, i asked you whether we would see some type of deal between dish and directv. a question you've probably been asked 3,000 times. i think it's important to ask even the question of how long are peop

china mobile, will sales take off? and details on the gambling tycoon has already made $3.5 billion in 2014. stay with us. we're "on the move." ♪ >> i'm francine lacqua in london. this is "on the move" on television, radio and streaming on your phone and tablet and from bloomberg.com. shell says first quarter profits will be significantly lower than recent levels. they said the results will be impacted by weak industry conditions and hire exploration expenses. manus cranny is here with the latest roundup. manus, the stock fell from 3.6% at the open. >> it is a double hit for shell. they have a new c.e.o. and he -- he is barely there a week. he is tallying everything now before the results were due. they have a strategy. get it out there and get it dealt with. since 2004, which is when they had their reserves scandal, there is a bit of speculation that truth and reconciliation before gets going for the rest of the year. it is double hit. from the drilling sood of the business, this is where they are hit tongue expenses.

mobile. a settlement issue a short time ago, the federal trade commission announced $32.5 million settlement with apple over a complaint apple could not properly inform customers about an app that allowed kids to buy items without parental consent. i think i got bitten by that one because i had a lot of stuff i had gotten. apple had offered refunds to people affected. there you can see the logo. apple and china mobile extending beyond the iphone deal the two companies previously announced. this deal apparently took six years to negotiate and will make apple's iphone and ipad available through china mobile. right now apple shares higher by two and a quarter percent, $12.35. doing that elon musk saying recall? don't call it a recall. fixing the potential charge equipment problem that involved overheating. as software update and replacement adapter but he beat his own estimate for car delivery shipping 6900 cars. also telling one news outlet and much more affordable tesla car is about three year

more than just t- mobile versus at&t. >> t-mobile wants a fight. he went from not adding subscribers in 2009 two all of a sudden adding subscribers in it has caused them to do something they have not done in the past, offering this money. over $3 are spending billion which can help them compete more effectively with at&t. >> do you think t-mobile has a real shot here? demma they are adding customers. that is always a positive. toyou are getting at&t respond and pain to hundred dollar bounties to get your customers, it has an impact. flex how may customers do they need to increase by two have an impact? >> they need millions. one or two quarters is not going to make the company work. this is the start of a process where they hope to gain millions in the future. it is mighty expensive to gain those customers. they have to offer all these incentives, which the other carriers have been forced to match. does it end up being a race to the bottom? of people have cell phones, a lot of people have smartphones. you have to take someone else's customer. about

i just asked about t-mobile. it does dish network want to buy t-mobile? look at all of our options. there are also multiple possibilities for us to get into the wireless space. we are trying to acquire spectrum which gives you the purview to get into the wireless space. spectrum is like oil or gas or water or gold. you cannot get enough of it. we are trying to achingly -- we are in the process of accumulating spectrum and we believe that will get us the foray into the wireless space. >> john legere gets a lot of headlines. what do you think about what he has been able to do for t- mobile? >> i think he is done a nice job of changing the consumer offer in the wireless space. i give him a lot of kudos. >> last year, i ask you whether or not we would see some type of deal with directv and dish network. you'll probably been asked that question 3000 times. how long are people going to be interested in staying with video service for any reason. is there a benefit of companies coming together? what is the latest on that? >> obviously, there would be some synergy

we keep hearing mobile first development. it is hard for a company to be mobile first. you can argue that twitter is mobile first. their mobile revenues exceed desk top revenues. we have not heard that from facebook. we certainly have not heard that from google and yahoo! we will see how that transition goes. at some point, the company is going to be required -- we know that yahoo! has fought with the fcc about what they can disclose. they did not want to disclose they had as much of 30% of revenue coming from microsoft. rely on that agreement, which could expire in a short time. you can be sure if the mobile numbers look really good, they would disclose them. if they have not, they are probably not as strong. asked georgetor connolly of foursquare, asked technology isat transformed the market the most? marissa mayer said the iphone. another said the fit but -- fitbit. story a really funny about michael dell. take a listen. questionu feeling ok mark are you feeling ok, mark? what do you mean, michael? i'm really worried about you. i'm your friend. i have noticed in the

buy t- mobile. they have gotten a lot of attention recently, crashing at&t's party at the consumer electronic show which was entertaining. they're finding ways to stay in the news and i think they will, maybe not for parties, but for merger activities throughout the year. the question for policymakers is whether they want to allow consolidation in the mobile service provider business. a couple of years ago, washington blocked at&t's proposed acquisition of t- mobile. they were worried that moving from four national characters to three national characters -- national carriers to three national carriers was too much consolidation. in this case we still move from 423 national carriers -- four 23 national carriers but you could see that washington would do this favorably that a sprint-t- mobile combination would be close to matching at&t and verizon in size and possibly provide some more effective competition from washington's perspective to the two large providers. my view is that i predict that if thi

paul ryan has insisted the chances of upward mobility are terrible.hat's true if he is referring specifically to his stits wents, but on average it has remained about the same for decades. now that's still not an easy pill for most parents who dream of seeing their children have an easier time climbing the economic ladder, and it doesn't diminish the arguments about corporate greed or government meddling making things more difficult. the condition depends state by state and city by city. nathan hendren says that the new report doesn't mean that we have lost the iconic american dream in general, but it does bring into question whether that dream ever really existed on a national scale to begin with. nathan joins us now from watertown, massachusetts. is it a misnomer to think that the united states has always had this high rate of upward mobility? >> yes, i think that is right. as you were referring to before there are places that have high upward mobility, but there are other plays that have some of the lowest. >> what are some of the characteristics t

there were going from desktop to mobile where they had about 20% on mobile one year ago. they're going through this giant transition and we are now over 50% revenue mobile. their changing and growing the business at a massive scale and a massive speed. >> you are going to have to add a lot of the mobile networks to "tubes." just lay out the steps of making a call in the iesco stand having - in the east coast and having it move all the way to the west coast with photographs and sound? >> important thing to recognize is the denser it gets, the more like a cordless phone it gets. the closer we are to our antenna , it belongs to at&t or verizon, but once it is there, i could not imagine it's more than a couple hundred yards from here. then it is a fiber network like any other. >> it is not about owning the entire pipe or is it? >> another company might own the conduit or three dozen companies might on the wavelength through that glass. they are all jostling together and you end up with a really layered networks that run parallel. >> of any seo company like instagram -- when y

mobile is the big driver. that onkerberg's big mobile is paying off.ooming business we got a chance to speak with mark zuckerberg -- bloomberg businessweek got the chance to speak with mark zuckerberg. i want you to give us your impression of mark zuckerberg and sheryl sandberg. they form a dynamic new oh given the fact that few people understand the intersection of media and technology as you do, in part by virtue of your time with steve jobs. >> facebook is 10 years old this week. one of the things that has happened is they have formed a great partnership. i am writing a book about collaborations in the internet and computer age, and one of things i discovered is people like steve jobs who form a wozniak,on with steve or mark zuckerberg, who cooperates with sheryl sandberg, tended to succeed. i also think about bill gates, 10, 12 years ago, saying we will be in internet-centered company. it did not happen at microsoft, but about one year ago, mark zuckerberg said we're going to be a mobile-focused network, and he would not even attend a meeting in wh

mobile? the value of t- >> or t-mobile could buy sprint. is that even possible? >> fundamentally, it would be a buy out of sprint buying t- mobile if it were to happen. >> but he made it clear he wants to be in charge and that he is a maverick. >> a lot of guys on wall street say to leave these guys in charge and let them make the changes they want to do and they will run with it. all of the spectrum buying that could happen in the middle of this year could give them a lot of room. that has been the big issue for manycompany, not just how subscribers they can get, but subscribers?ly add >> they did add 4.4 million. >> but that is not as many as they could get. t-mobile could be a different company depending how much spectrum they can put to use. aboutn i asked him revenue per user, how low can you go, how sustainable is it, do you buy the idea that he can run the company profitably and make all of these decisions? >> historically, that has been the problem with t-mobile. when they added subscribers, they were kind of the leftover subscribers. they were the people

i object to anyone having a mobile car on that corner. that corner is surrounded by restaurants and one that has changed twice in the last 2 years. i would argue there was a change in the legislation as to how these permits got issued because there was a contentious issue. every permit should be looked at and scrutinized carefully. if it was not approved for any reason, i would argue that that location shouldn't be approved under the spirit of mobile food trucks parking in front of existing brick and mortar restaurants. there is harvey's is literally across the street from it, there is a pizza place in one corner. it's a mideastern place and taco place. all of these places are paying property taxes and payroll taxes and the mobile food trucks they pull up during prime times and skim the profits and skim the customers and they are not paying taxes and not paying for anything. i would argue that any permit there should be denied and if it's just the letter of the law to do this, i think we need to protect businesses. >> have you filed objec

a t-mobile-sprint merger a thing?> i don't know. carrying the vision is good for a nation. from the standpoint of companies consolidating to get better scale, i open to looking at options. >> what does that say? the regulars have made it clear that they want more competition out there. >> they got it. that? not reject >> emily, it is a long game. we are the number four carrier moving quickly. we are all going to need better scale and capability. the question starts to be how do , you take the maverick and supercharge it? we need either more spectrum and capability, more investment, or we need consolidation. there are a lot of different paths to do this. i think you want to fuel what is happening in t-mobile. this is a chance to do it. >> is there a chance you could be doing your job so well that a merger happens and you do not have to? >> i am so good at my job, i'm sort of like you. can you imagine it bloomberg would decide to do something with another company and leave cory in charge? it would never happen. i am doi

mobility is worse whereas in the mountain states, in the mountain west of the country, economic mobility is better. so now we've got two nonsandanista arguments. one is where you live and the other is the two-parent family. why can't the president address those issues? >> the president will say that where you live matters. if you live in the united states the american dream isn't as alive as it is in germany or france or other countries that have japan with more economic mobility than we do. kwo think your guests will dispute that. >> from the bottom 20% they have more economic mobility. not from the rest of the income distribution. plus we had faster growth and bigger income gains. >> among whom? >> i don't want to get hung up on foreign countries, but look, college attendance means better incomes. it's correlated with higher earnings. this is important. we are trying to put our finger on how to get the lower fifth up there. we talked about this before. i continue to believe one of the dictums here when i had maria shriver on we talked about stay in school, finish your education. then g

here is why t-mobile had the est quarter in eight years.art of the strategy is .eimbursing customers >> we are forever eliminating early termination fees and moving the industry. what it can mean, a survey was done last week, 40% of families said they would consider t- mobile. 78% of customers said they would consider moving to t-mobile if they could get termination fees paid. i do not think 78% will come, but it is a revolution. >> the numbers have been impressive since you watched this plan. no doubt about it. of have been adding a lot customers. you mentioned at&t so i have to talk about it. , they madeahead their own announcement deservedly on the contract side, not that different. what are the differences? offer. came out with an >> you called them desperate. >> totally desperate. why would anyone move to a planer to take a limited to the next upgrade program nobody wants for $200. what you can do -- here is what i suggest today. i announced, iq, at&t. i suggested everybody consider our offer. if it does not work out, at&t will pay you

here is why t-mobile had the best quarter in eight years. part of the strategy is reimbursing customers. >> we are forever eliminating early termination fees and moving the industry. what it can mean, a survey was done last week, 40% of families said they would consider t- mobile. 78% of customers said they would consider moving to t-mobile if they could get termination fees paid. i do not think 78% will come, but it is a revolution. >> the numbers have been impressive since you watched this plan. no doubt about it. you have been adding a lot of customers. you mentioned at&t so i have to talk about it. last week, ahead, they made their own announcement on the contract side, not that different. what are the differences? >> they came out with an offer. >> you called them desperate. >> totally desperate. why would anyone move to a carrier to take a limited plan to the next upgrade program nobody wants for $200. what you can do -- here is what i suggest today. i announced, thank you, at&t. i suggested everybody consider our offer. if it does not

$450 in credit to jump over from t-mobile.ant to bring in our editor at large, cory johnson. not surprisingly, the t-mobile ceo has been tweeting furiously about all of this. calling out the ceo of at&t directly. why would verizon do something to help t-mobile? >> i have been covering telecom and technology for along time and i find spectrum deals hard to understand, which is why i am lucky that christina is helping me now. helping t-mobile right now? >> they are helping themselves. this is spectrum that they were not using anyway and they are trying to unload it. they have not found a buyer to pay for this spectrum, this was buyer and seller coming together on price at the end of the day. cashber, to $.4 billion in is going to verizon, but t- mobile will be giving verizon some very valuable spectrum that they want to build out their lte network. this is crucial. from the standpoint of t-mobile, they are getting that low band spectrum that goes far and can asetrate office walls and -- well. >> the 700 megahertz spectrum, not t

china mobile will get phones encouraging customers to use the high-speed data network. apple will gain access to the chinese company's vast network of more than 760 million subscribers. >> i'm so honored to be doing business with chairman xi and china mobile. they have the largest network, we're incredibly impressed with them. we have deep respect for them. and have had from the very first discussion that we've had together. we see this as bringing the world's best smartphone to the very largest and now the fastest network in china. >> many analysts believe that apple needed to brokary deal with china mobile to compete further in the fast-growing handset market where low-cost smartphones are gaining ground. tim cook isn't concerned and neither is china mobile's chairman. >> mr. xi, you now use an iphone? >> translator: good question, i used a cell phone of other brands, but now i switched ton an iphone. i'm thankful to tim cook, this morning he gave me one of the first iphones made for china mobile. and it's gold. >> china mobile's chairman said the company had millions

t-mobile will not get slow down because you have more bandwidth. we choose t-mobile. [laughter] gerri: i have never seen that before. at&t gets back by laurie t-mobile with cold hard cash that usually works co-founder and chief operating officer of dineley link. thank you for coming on the stormy night. as a consumer what should i know? first of all, $200 credit to the t-mobile customers end of credit to the upgrade? >> to $0 per line and $250 credit for a phone. his ounce 200 -- too good to be true because at&t never does do this but it is a great move for the consumer and i think it will happen across the networks at the consumer electronics show coming up t-mobile is about to make an announcement we think they will waive the etf see if you leave and go to them so now they say we will get ahead of this into something better.ad blood becaue at&t to try to buy out t-mobile the federal government said it is the antitrust and had to pay t-mobile ince $3 billion of breakup fees so now they've of the customers on their network they're looking to, but for the biggest show

m stands for mobile, and pesa means money in swahili. it's been especially helpful to poor people like josphat. he came to nairobi from the countryside ten years ago, looking for work. life in the city is hard, but he found a job and even earns enough to money back home. but getting the money to his parents posed problems. >> it used to be difficult to send money. i either had to give it to a bus driver and hope he was reliable, or my mother had to travel all the way here to pick it up. >> now it's much easier. josphat just goes to an m-pesa kiosk and registers, deposits money and loads it onto his cellphone. then he sends the credit to his mother in a text message. 300 kilometres away and a few seconds later, his mother receives it. >> i'm very happy. my son has just sent me 1200 shillings. >> that's about 10 euros -- a lot of money. there isn't a bank anywhere near here, and without a regular income people are unable to open accounts anyway. but there are m-pesa agents all over, even here, every couple of metres. now the sms credit can

t-mobile making inroads here. yes, it does make it an attractive buyout partner, especially for the likes of backed bych is japanese giant softbank. it has a lot of cash. again, they could leverage resources to take on two major competitors there. but let's not forget -- from t- mobile's standpoint it has become a true competitor. at&t is feeling the heat. comelast week we had at&t out and say anyone who switches from t-mobile to at&t gets a $450 credit. that is in part because t-mobile is making such an aggressive push. it is marketing itself as the coal carrier, the one that does not lock you up for a long time. deirdre, this is another page in the ongoing storyline of who is going to win and wireless. >> thank you very much, cristina alesci. liberty global offering to buy the remaining shares of sirius xm. the move good strength in john malone's push to bid for time warner cable. alex stone with me. them finances help the time warner cable purchase? >> in two ways. liberty is a positive cash flow company, meani

desktop is twice what is mobile. on mobile arch evil because you are getting less for them -- are cheaper because you are getting less for them. a lot of what we are focused on is re-platform in stub hub so we first. start with mobile that is the key challenge for us. andhy look at facebook twitter, have figured out mobile in a way others haven't. what are they done so well? they found native ads that just appear in the flow of what you are looking at. they are content companies, they are not e-commerce companies. we make money when people buy things. buy as a money made if we mobile device. it is hard to get semi-to buy on mobile than a desktop. >> your product requires you to be on their feet. at the end of the day, you're walking into a concert or baseball stadium it seems like mobile is a great opportunity for you. >> it was nearly 20% of our sales last year. content commerce -- content, commerce, two different challenges. the ad rates go up on mobile to the desktop level, it is about getting the conversion on mo

google bought motorola mobility in 2012. take a listen.indiscernible] androidor player in the ecosystem. means more on what this what has amassed. go how much did google actually end up paying for the company? >> let me take you through it. i will go glenn beck with you with a chalkboard. billion back out. 2.9 billion in cash. they sold the business for 2.4 billion. they sold everything else with the patents. they paid $4.2 billion for patents they are trying to use offense of late, suing people like apple. led far, none of these have to any injunctions. it is an open question what the true value of the patents is. >> where does this leave google in terms of the handset makers out there. they were walking a fine line in allfirst place given that the others use android. >> hattie think sam sung felt to have the provider of its operating system selling phones in a major way. to suddenly be competing head to gettingh sam sung billing agreements with the carriers. sam sung made some waves at the show, suggesting may be a lot of the operating s

turnaround with these guys have gone from having nothing and mobile to an amazing thing in mobile reallythat something that will continue? >> if you look at the three business models, commerce emma advertising, and payments, mobile advertising is starting to take off -- >> if you look at paypal -- mobile payments are still early stage. for facebook and twitter, mobile advertising will continue and both of those companies will exploit those huge opportunities. >> thank you for being here. cory johnson, always good having your perspective. he returns to the super bowl for a fifth year, this time with morpheus from the matrix. we'll talk about this thing up will stop ♪ >> an unsuspecting couple blocks down the street and runs into this guy -- >> let me tell you why you are here. it's the world of luxury that has been pulled over your eyes to blind you from the truth. >> we just want to get our car. >> take your blue key, you go back to luxury you know. take the other key and you'll never know the luxury you know again. >> that was laurence fishburne, reprising his role as morpheus. concept

stuff they've done with mobile apps, with mobile advertising and some of the mobile stuff has shown theyeal company. they are doing now what twitter has to do. you do have to prove yourself. one thing great about being a public company, you have us watching every day, quarterly results, show improvement on a lot of different metrics. they are starting to do that. twitter is now going to have to do that. liz: did you hear bob great field talk about facebook? i am the only cleveland browns fan left. and a cleveland browns fans here beside cletus? he will be here in just 20 minutes, wait until you hear him. i look i think to myself how far facebook and the nasdaq have come because the nasdaq and land pretty decent ipos. charlie: right. i actually like bob grea. i call it like i see it. i think he's a very good ceo. what happened with facebook with the ipo hurt them, but here pretty good job saying technologies technology, things happen at the new york stock exchange as well. he is a guy you kind of want on vacation for me feel safe with him because you know he will address the issue. nasdaq

they own 66%, 67% of t-mobile. cisco did ces. i think we have a full screen if we can show it to you. mobile data and their protections and why we're talking about all these things and why spectrum is so important. look at that number. look what they expect, 66% compounded annual growth rate in terms of what people are going to be throwing around on their mobile phones. i don't even know what the number is it's so big. >> boy, have you ever looked at your kids' bills? >> yeah. >> it is extraordinary. >> basically you got everybody watching a youtube video at the same time in the world. >> yeah. one time verizon called me, listen, do you know your bill? i thought it was a nice heads-up. there were consequences. but i do think that we have

some research indicates there's more use of the mobile web and mobile apps. they're certainly more use of the mobile web than any individual mobile app. is mobilehallenge advertising supply chain remains very complex. ways it is reminiscent of digital advertising, which you know. we need to get consistency in areas like measurement stands. >> we thank you very much. the ceo of interactive advertising bureau. it is 26 minutes past the hour, it is time for bloomberg on the markets. you will see a mixed picture on your screens there. the dollar is a mover at a four- month high. . . >> this is "money moves," where we focus on it innovative alternative investments. i'm deirdre bolton. here are your top headlines. morgan stanley beat analyst estimates. record wealth management earnings contribute to the bottom line. falling short. a surge of online shopping before the holidays forced them to hire more temporary holiday workers than planned. it missed its own holiday deliveries. americat obama promised and its allies that there'll be new stress on the government sur

all of the innovation is focused on mobile. to me the big picture you take away from this announcement today of their earnings is they were really beginning the ramp to fulfill their potential as one of the fundamental new communications platforms of the planet. i think they actually in some ways are playing a role like e-mail plays except they are one company. this one company owned e-mail and now you have this incredible communications platform globally with all of this personal data and they're figuring out how to make money off of it and the upside of that i have to say i think is really huge now that they have shown they can convert it to a mobile business, which is where we're all looking at this stuff now. >> they now have 945 million mobile monthly active users. however, growth in that number is actually slowing down. nick, you know, what about saturation? obviously, facebook is global. we all know that. but how many more people are actually going to sign up? >> that's one of the more interesting things. if you look at

as of today, they are selling their iphone with china mobile, the biggest mobile carrier in the nation. jonathan ferro joins us with the details. it is an important market for anyone. how important is it for apple? deal, 700s particular million, that is how many subscribers china mobile has. it is a big deal for iphone to get more penetration in the world's biggest smartphone market. wondering where the people were today, because there were not many at all at this launch. ues, about ao que dozen people inside the store. that is because you can already buy the iphone in china. it is about boosting scale now. when you look at some of the numbers, the pre-orders, china mobile says one million on pre- order could go on to set -- to sell 10 million this year alone. already, it is looking promising. promising, butg they are number five. yet the margins are going to be higher. you do not have the store base for other apple products. it is an android-facing market. what is the opportunity really here? how big can this become for apple? >> the way i look at it now, you have two hurdles. functio

are on mobile.dn't exist a year ago. that's amazing. >> bob, thanks for the update. we're seeing facebook at a session high. "pops & drops." >> we've done good. ite going to push higher then when all the analysts were getting bullish, we said they were late, when it was 29 bucks. pull the ripcord. lo and behold, they reported yesterday the trade's down there. that's the level to buy. stay long on the stock. >> got a pop for dow chemical up 4%. josh. >> this is a really interesting situation. they've got the activist, daniel lowe, who wants them to sell off the petrochemical unit to a bigger buyback unit, et cetera, et cetera. they announced they were going do it but it was their idea. they've been talking about it for years. i thought that was kind of cool. the stock didn't care. they went up anyway. >> stock for alcoa up 1%. grasso. >> i got in the name. i'm staying in the name. i thought it was over once it slid below $12 but rumblings in the name they're going to be much more competitive in other