people who already own iphones are buying the vast majority of new iphones, so apple has an incentive it easier and more appealing for people to andade older iphones devices to new models. the fact is, apple already offers a replacement purchase program. it has not changed the replacement rate, which is the smart phone market is saturated. people are holding onto devices longer and longer and that means new iphone sales are under pressure and tim cook offering an idea. all right, rumored opinion, we appreciate you sharing your opinion with us. thank you both. still ahead, apple faces new hurdles and challenges that demand slowdown. will tim cook be able to save it or sink with it? this is bloomberg. 2018, tim cook celebrated his seventh anniversary as apples ceo. it now, his eighth year is off to a rocky start. the weakening iphone demand could be his toughest test yet. tim cook really built the china market for apple. steve jobs never visited china wants. tim cook has gone there several times. how big of a test is this for him? test.s is a very big this is the world's most populous c

goes up against tesla and jaguar. >> cadillac will lead the entire electric vehicle effort. >> the new iphoneay be months away. but leaked details have apple fans drooling. >> it's released three new phones this year. the next generation will have triple rear cameras which have some wondering if apple will introduce 3d technology. >> an egg dethroned kylie jenner for instagram. >> this picture of an egg has more likes. it was posted by world record egg earlier this month with the sole mission to break jenner's record. >> the egg cracked it. >> those are your techbytesment. >> good yokes today. >> nothing today is making sense to me. 23irs that cat story and now this egg thing. i'm done. >> the internet is weird. >> it's so weird. >>> winter is coming this spring. we finally know when the final season of game of thrones will start. >>> the battle over where the raiders will play their final season in the bay area is turning into a game of politics. >>> a homeless man is an unlikely teammate for nfl player trying to get to a playoff game. >>> the abc 7 storm impact scale. today's storm is level

rumors of further price cuts, apple has quietly filed a patent for an even smarter smaert foen. >> new iphonesbe able to automatically open a camera's after instinctively knowing the owner's intent to take a picture. >>> next, to a model truck that is definitely no toy. >> the full-sized reproduction is made from more than30 pi >> oh, my goodness. >> it also weighs 3300 pounds. about half the real thing. >> it took 18 builders 2,000 hours to assemble. it doesn't actually drive. but -- the headlights do work. >> it's really cool. >> how about that. >>> talk about the best snow day ever. this polar bear is having a grand old time at the buffalo zoo. making the most out of this arctic blast. >> right? just like victor. while most of us were looking for warmth, the bear can't get enough of the bone-chilling temperatures and snow. he went for a swim, rolled around, frolicked in the snow. that's what victor was looking for coming up here from miami. >> i'm going the take notes now. th sre prestige creams not living up to the hype? one jar shatters the competition. olay regenerist hydrates skin bette

the camera is very good on the new iphone it's matter of how you define it >> would you buy a new iphone for that camera upgrade? >> it's a good question. i did not buy the new one. >> judge, i rest my case >> my husband loves the electronics. >> even though we disagree on this topic, the one area where we agree and i think it's worth noting again is the acquisition side of tim cook with all that cash we love he's buying back shares but some of the opportunities that have been missed, there's no doubt he's been watching over this he's missed opportunities time and time again netflix being the biggest one. it wasn't just us here look at facebook, instagram. >> apple wanted to do messaging. look at that >> let's bring in jim cramer the man who sat with tim cook. thank you for being here i don't know how much of our debate you had the opportunity to listen to before we put out the call for you to join us. >> i jumped in because i wanted to be in this debate i'm sitting here listening mike me up i want to be playing >> one of the points is that cook gets pass if any other ceo had said what h

new one. interestingly, iphones have usalmost gone backwards be they were replacing a lot of batteries for a bargain that made your old phone was fairly good and the new versions of ios brought some old phones back to life, o. laura: could the next generation of mobile communications force f all to buy new productsrom apple? dan: 5g is where yould force everyone to buy a new phone. you would need a new ana and need to buy probably more expensive service from your carrier. that makes tur phone manufas happy and the carriers happy. does not make consumers happy. but people are tired of the same slab of glass and plastic and metal. all the phones look the same. i would really like to who is going to break that mold nexto generate real excitement. laura: is apple still betting on the watch as the nust thing to geeally excited? how has that worked out? dan: the apple watch is the biggest selling smart watch of all, but that is a small pond to be in still. said, looking around th holiday season, sold out almost -- i found a couple of apple products to be in short supply, ld out almost everywhere i looked.

ca cape. >>> we're a ways away from apple's new iphone reveal but details what to expect this year are emerging. the wall street journal reports apple will once again release three new phones this fall, with three rear cameras for its top model. top model with three rear cameras. the other two will only have two cameras on the back. apple's top 2018 models have two rear cameras for better zooming and a better portrait mode. not yet clear what the third camera is going to be doing in the next iphone. maybe x-we don't know. >> a lot of cameras. >>> well there is a lot to consider when buying a new car. especially choosing to go electric. we investigate one new york man's claim that's the la's charging performance isn't living up to the company's promises. >> reporter: to get back and forth from his apartment to a weekend home upstate, michael snyder looked to buy an electric car for energy efficiency and decided an tesla model x. >> about 90 miles. 200 round trip so range is certainly an issue. >> he got the car in september and told us he has concerns about the battery. >> they claim th

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that's the highest number in 40 years. >>> we are many months away from apple's new iphone reveal. details about what to expect are now he wgil street journal" reports apple will once again introduce three new phones this fall with three rear oer two wi cameras on the back. apple's top 2018 models had two rear cameras for better zooming and a better portrait mode. now clear how a third camera would be used. >>> a lot of cameras in use this morning as this happened. thousands of runners hit the streets of san francisco for the hot chocolate run. starting line and finish line to the allstate hot chocolate run in golden gate park. it was for a good cause. the event raises money for the make a wish founon>>>et's bri i. great day for a hot chocolate run. >> we will have another one probably for tomorrow morning, not too bad before the weather makes a turn come tuesday, wednesday and thursday. stormy stretch headed our way. right now, not too bad. most of the weekend, other than the few showers that started saturday morning and some around the santa cruz mountains, hasn't been all that ba

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mean much, much, much cheaper phones that cost a 10th of the price of even the least expensive new iphone, are what people buy in developing countries if they can afford that. and apple has never in any of its products, even before the iphone, whether it was the mac or whatever, they just don't play. because those things have very small profit margins and they're not interested in that. so apple has to come up with something else. they're working on it. they have come up with a couple of other big selling things but they're smaller priced things. the apple watch is now the biggest -- peter: are you wearing one? walt: i am but i paid for it. i'm not here representing apple. i paid -- peter: are you a fan? walt: i paid full price for this. i am a fan of it and i upgraded because it has a lot of new health features, particularly around the heart. the apple watch, according to apple, is the biggest selling watch in the world but it's not a business that's on the scale of the iphone. i mean, by any other standards you and i started a company and made this and it was selling at these prices and

the amazing iphone xr is perfect for all those new year, new you selfies. s unlimited with iphone xr included for just 40 bucks. so get the iphone you love most from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. >>> well, if there is anything president trump absolutely, positively always wants to make clear, it's this. he never backs down, until he does. when we left things yesterday, he had just dared house speaker nancy pelosi to disinvite him from giving the state of the union address until the shutdown is over. he dared her. she did it. we were all wondering what would he do next? speak from the oval office? crash the capitol? hold a rally outside? late last night he just seemed to give in. today here's what he said about it. >> i would have done it in a different location, but i think that would beer very disrespectful to the state of the union. to pick some other place. i could have gone to a big auditorium and gotten 25,000 people in one day, and you've been there many times, bu

most people on the planet. , much, much phones 10 of thehones cost 1/ price of the most expensive new iphone or what people buy in developing countries, if they can afford that. apple has never in any of its products, even before the iphone, whether it was a mac or whatever, they do not play. those things have small profit margins and they are not interested in that. apple has to come up with something else. they are working on it. they have come up with a couple things, butlling they're priced things, the apple watch, is now the biggest. peter: are you wearing one? walt: yes, but i paid for it. i am not here representing apple. i paid full price for this. i am a fan of it. it has ad it because lot of new health features, particularly around the heart. the apple watch, according to apple, is the biggest selling isch in the world, but it not a business. it is on the scale of the iphone. if youother standards, and i started a company and made this, selling at these prices, in these numbers, we would be heroes. it would be a smash hit for us, but in a company the size of apple, which does move

and much, much, much cheaper phones have cost a tenth of the project of even the least expensive new iphone. that is what people buy in a developing countries if they can afford that. apple has never, in any of its products even before the iphone, there was the mac or whatever they just don't play which those things have small profit margins and they are interested in that. so, apple has to come up with something else and they are working on it. they have come up with a couple other big selling things but they are smaller price things, like the apple watch is now the biggest -- >> host: are you wearing one? >> guest: i am but i paid for. i'm not here representing apple. >> host: are you a fan? >> guest: i paid full price for this. i am a fan of it. i upgraded because it has a lot of health features particularly around the heart. the apple watch according to apple is the biggest selling watch in the world and but it is not a business on the scale of the iphone. by any other standards if you had you and i had started the company and made this and it was selling at this price at these prices a

apple has planned production cuts for its three new iphones by around 10% for the first quarter. rding to the nikkei asian review mikiku joins us from tokyo more bad news around apple is there any other way to look at >> yes the report says that late last month apple asked its suppliers to produce fewer of its new i phones than planned for the january-march quarter. this is the second time in two months that apple trimmed its planned production, which applies to all new iphone models the request was made before apple warned it would miss forecasts for the end of 2018, and the report says under the revised plan, planned production volume of all iphones will be reduced to about 40 million to 43 million units for the january-march quarter. down around 10% from an earlier project recollection the decline will mean a critics of 20% from the units apple sold in the same period last year now, apple is suffering from a maturing smartphone market and the impact of the u.s.-china trade war, and its troubles will continue to impact its wide-reaching supply chain that's all from the nikkei ba

thousands of carmaker.t the uk ape, too, has warned of an because its cash flow china is buying fewer new iphonesna's leaders know there is slowdown. he big question now is how do itey manage >> in 2019, our economy faces but withy ste progress, with certain confidence, and with it is capable of maintaining a reasonable economic growth. achieving sed and healthy economic >>development. risks ise possible an utherstatement. e trade war with the u.s. continues. all the evidence is that manufacturers, shoppers, are very nervous. there is always deep suspicion bout china'official figures, that almost always match precisely the government targets. even if the true numbers are lower, china's leaders have acknowledged they need to do something to try to manage that's here and which that made a lot worse if trade war goes on. bbc news shanghai. >> those tensions between the and china come at a symbolic time. it was 40 years ago this month established sides diplomatic relations and busiss and trade began to flourish. was among the first group of chinese students to study in the u.s. p.a.g., a private equi

the amazing iphone xr is perfect for all those new year, new you selfies. s. so get the iphone you love most from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. ( cheers and applause ) >> trevor: welcome back to "the daily show." my guest tonight is an actor and comedian you know from "insecure." this weekend, h.b.o. will debut her first stand-up comedy special. amanda seales, "i be knowin'." >> yo, why you ain't smiling, ma? you know why i'm not smiling. ( laughter ) because i just spent the last 20 minutes in a public bathroom fashioning a makeshift maxi pad out of a long-ass cvs receipt -- ( laughter ) -- just so i don't got to walk around here looking like a dire wolf bit me in the pussy! >> trevor: please welcome amanda seales! ( cheers and applause ) ♪ >> hey. >> trevor: welcome to the show. >> they stood! that was fun! >> trevor: i feel leak the people always stand. you're special. what i really enjoy about it is you have cultivated a fan base which is genuine and, most important

phones cost one-tenth of the price of even the least expensive new iphone of what people buy in developing countries, if they can afford that. and apple has never in any of its products even before the iphone, whether it was the mac or whatever, they just don't play -- of course those things have very small profit margins and they are not interested in that. so i i blessed to come up with something else. they are working on it. they have come up with a couple of other big selling things, but they are smaller priced things, the apple watch is now the biggest -- from what are you wearing what? >> guest: i am but i paid for it. i am not here representing apple. >> host: are you a fan? >> guest: i paid full price for this. i am a fan of it, and i have -- it has a lot of health features, particularly around the heart. the apple watch, according to apple, is the biggest selling watch in the world, but it's not a business that's on a scale of the iphone. i mean, by any other standards you and i started company and made this episode at this price and these prices and in these numbers, we would be

it's very hard to think i need a new iphone, i want to spend a lot of money on a new iphone, becausehone itself has changed is that the game from three years ago to this year is different. they are not the $700, the upgrades not what eve ryo ne not the $700, the upgrades not what everyone is upgrading and the competition are offering similar if not comparable attributes, so it's going to cause a trickle—down effect of the consumers to let you say, do i need to spend as? there will be a less of a market for the amount of people willing to spend that, so those who automatically by apple phones and upgrading automatically now they're holding onto it. and, is a trade war with china, is this really a casualty of that trade war thatis really a casualty of that trade war that is in the last few weeks a month? this is something that at least investors would apple have not priced in, and that's how you've seen the dip from nine or 10% today. a few months ago, tim cook came out and said you know, eventually this trade war will be resolved, and he was giving were you fact that this doesn't real

the amazing iphone xr is perfect for all those new year, new you selfies. ited with iphone xr included for just 40 bucks. so get the iphone you love most from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. [cellwhere are you? well the squirrels are back in the attic. mom? your dad won't call an exterminator... can i call you back, mom? he says it's personal this time.. if you're a mom, you call at the worst possible time. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. where are you? it's very loud there. are you taking a zumba class? we'd love some help with laundry. here's how you do it. spray and scrub anything with a stain. soak your nasty jersey. it stinks! wash the really dirty clothes separately. remember -hard work builds character! new tide pods with upgraded 4-in-1 technology unleash a foolproof clean in one step. aww, you did the laundry! but you didn't fold it. oh, that wasn't in the note. should have sen

the amazing iphone xr is perfect for all those new year, new you selfies. . so get the iphone you love most from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. think only specialty stores have what's new? olay has the hottest debut. new olay clay stick masks, hydrating facial mist, and brightening eye cream. only by olay. ( cheers and applause ) >> trevor: welcome back to "the daily show." the super bowl is coming up next sunday, and for tom brady, this is his ninth one, which is amazing. you realize one more super bowl and he gets a free sandwich. but despite all the excitement for the big game, many football fans are talking about the the team not playing in atlanta and for that we turn to our very own roy wood, jr., everybody! ( cheers and applause ) >> silence! silence! no! let's get right to it, trevor. the wrong team is playing in the super bowl. last sunday's game -- last sunday's game had the worst call i've ever seen since i decided to go commando under a graduation robe. ( lau

. >> did you buy a new iphone. >> no, i didn't. the one i have now is perfectly fine. i couldn't see myself shelling out another grand for that. >>> all right. never more than 7 minutes away from a accuweather forecast. look at the temperatures flirting with freezing in the east bay valleys. 33 up and down the san ramon valley, out towards livermore. the warm spot, concord, at 38 degrees. elsewhere, upper 30s in san carlos, mountain view, san jose. 37 in napa. novato, 31 and santa rosa. the rest of us in the low to mid-40s. oakland, 40. 45, vallejo. your commute pretty quiet, other than some of the fog we talked about in the east bay. it will be breezy on the way after 4:00. and then it's just a winter chill if you're going to be taking mass transit today. 40s through 8:00 and the east bay. we warm faster today. out of the 40s. 50 by 10:00. a lot of cloud cover and mid-50s. 55 to 56 from noon to 4:00. down to 50 by 8:00. north bay, stuck in the 30s at 8:00. 40s at 10:00. and then low to mid-50s most of the afternoon hours. even when all of that cloud cover. back into t

the amazing iphone xr is perfect for all those new year, new you selfies. t from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. ( cheers and applause ) >> trevor: welcome back to "the daily show." my guest tonight is the nbc news political director and moderator of "meet the press" as well as the host of "mtp daily" on msnbc. please welcome chuck todd. ( cheers and applause ) >> trevor: welcome to the show. >> we've got to do the slimming button. >> trevor: you do the button? >> sure. >> trevor: sometimes it's open, closed, it's whatever to me. >> my real fear is people seeing my bare legs. >> trevor: show the people your bare legs. >> not at all. >> trevor: come on, chuck -- that's it, now your fear is gone. >> yeah, the fear is gone. >> trevor: the fear is gone, you face your fears. >> there you go. >> trevor: welcome to the show. thank you for joining us. from your point of view, as someone who has to watch and report on this every single day, where do you see the shutdown ending? >>

the amazing iphone xr is perfect for all those new year, new you selfies. and only t-mobile has unlimited with iphone xr included for just 40 bucks. so get the iphone you love most from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. >>> days ahead of renewed trade talks with china the u.s. is targeting chinese tech giant. in two sets of charges the justice department accuses them of trying to steal trade secrets from t mobile and violates sanctions against i ron. u.s. says the chief financial officer played a key role in the scheme. to conduct business in iran. she was arrested in canada and fighting extradition to the u.s. >> as the indictment charges the alleged fraudulent financial scheme used and its chief financial officer were not just illegal, but detrimental to the security of the united states. they willfully conducted millions of dollars in transactions this direct violation of the iranian transaction and sanction regulation. and we will not as a country tolerate effort to cir

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price on iphones was higher this year than last year, for example, 7.5% on even the lowest cost new iphones,t does sugge that unit sales were really weak in the december quarter. it's highly unusual for apple to preannounce in general. so it is a surprise that it is disappointing. of that do you think, though, because the stock has been falling for some time now, is some ofhis alreadyn the stock, certainly in the afterhours response it doesn't seem so. but what do you think? >> if you look at apple ease shares that have been down about 20% prior to today's ifannouncement. ou look at the market move, 7% after hours, it does seem like some of this was priced into shares, but, again, it's highly usual for apple to preannounce a 5% to 6% on the low end of revenue. not surprised to see a further pullbackftven shares were presumably already pricing some of this presre. >> tim cook is laying this all on china. do you believe that and do you think that's where theakig ss is and why? their economy is slowing down. w much of this is the trade active with the united states, and do you think we're seei

the new iphones are not affordable. at the same time, there is no key differentiated feature.ed to wait for 5g to enable additional features that would drive a stronger cycle. they are trying to scale other sources of revenue like a streaming content. i think this is a work in progress. peeking iphone sales are going to push the company to be more aggressive scaling other services. apple has one of the biggest private cloud infrastructures. the key question is what can they sell? what kind of services could they sell that would not only leverage the existing infrastructure but drive incremental services? a work ining to be progress in 2019 and beyond. be worse forg to suppliers? you have this service side which tim cook mentioned was still strong. our the suppliers going to take it more than apple itself? tonight is a did welcome sign. other suppliers are going to follow the lead. key suppliers are trying to change rick -- the revenue mix. more money inng better scaling the cloud infrastructure. the suppliers are going to be, cloudan they sell to service providers as a way to

blames a challenging commercial environment in china, which has seen lower—than—expected sales of new iphonesy apple's strongest quarter. here's our north america business correspondent dave lee. trading on apple shares was halted pending some news, we were told, and that news came quite quickly. the letter came out, and tim cook went into several reasons why his company is going to come in around — at least $5 billion under estimates for revenue than they'd originally predicted. the reasons were, one, that sales in china have pretty much dropped off a cliff recently, he revune from those sales, and they blamed increased tension between the us and china on trade potentially for some of that problem. but they also talked about issues with supply chain as well. tim cook said that although apple had released what he said were very popular new products, sales of those products, particularly its watches, laptops and so forth have been held back because they simply haven't been able to make enough, and supply chain constraints have hit sales there. and, overall, the iphone has been a bit of a handi

the amazing iphone xr is perfect for all those new year, new you selfies. ly t-mobile has unlimited with iphone xr included for just 40 bucks. so get the iphone you love most from the most loved in wireless. bring your family to t-mobile and get the amazing iphone xr included for just $40 per line. my doctor says i havey, what's skittles pox. are they contagious? i don't think so. contract the rainbow! taste the rainbow! into your own little world.k especially these days. (dad) i think it's here. (mom vo) especially at this age. (big sister) where are we going? (mom vo) it's a big, beautiful world out there. (little sister) woah... (big sister) wow. see that? (mom vo) sometimes you just need a little help seeing it. (vo) presenting the all-new three-row subaru ascent. love is now bigger than ever. plaws plawses. >> trevor: welcome back to the daily show. there are a lot of things that president trump inherited from president obama that we know he hates. >> the affordable care act, the white house vegetable garden, the container of cocobutter obama left behin

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challenging commercial environment in china which has seen lower—than—expected revenue from sales of new iphonests who are in financial crisis. research by macmillan cancer support suggests the majority of people living with cancer are on average £570 a month worse off as a result of their diagnosis. many people stop or cut down on work, which of course means their income goes down. there can also be extra costs such as trips to the hospital, higher heating bills and more help needed around the home. the government says it is rolling out a "recovery package" to support people with cancer, and over 300,000 people will benefit every year by 2020. our north of england correspondent judith moritz reports. # given all my love, babe. # what more can i do... #. jeff southworth used to belt out the tunes, singing and compering on the blackpool pub and club circuit. but in 2012, jeff was diagnosed with face cancer. his top jaw and lip were removed. nowjeff can't sing and finds speaking difficult. the cancer has cost him his livelihood. life has been really tough. jeff's wife sue works full—time to suppor

there are stage lights a red tape and even a red carpet it almost feels like the unveiling of a new iphone except it isn't this is the missile the u.s. says it has knocked out the global nuclear out of kilter it is the reason why washington wants to rip up the existing treaties one of the few barriers holding back an arms race two point zero russia's been flight testing the s.s. a cruise missile since the mid two thousand. the task in excess of ranges that the treaty permits its range makes it a direct menace to europe. russia says the claims are false it has tested the missile and we're being told that its maximum range is way below the five hundred kilometer bar said by the i.n.f. treaty in fact we're being told that this mess is a modification of an older one and in fact the new. has kept the fuel tank of the same size and capacity while at the same time it became larger and heavier so its maximum range reduced even further we've been told here by the russian defense ministry that this rocket doesn't have a fuel lid really so the moment it is out of the factory gates it cannot be tamper

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apple, too, has warned of an impact on its cash flow because china is buying fewer new iphones.9, our economy faces possible risks, but with steady progress, with foundation and with certain conditions and with confidence, it is capable of maintaining a reasonable economic growth and achieving sustained and healthy economic development. that phrase, "possible risks", is an understatement. the trade war with the us continues. all the evidence here is that manufacturers, shoppers, politicians, are very nervous, although this is as far as they go today. it should be said that the us—china trade friction does have an effect on the economy, but in general, we can control it. as china tries to manage this slowdown, it's turning to familiar policies, efforts to stimulate the world's second—largest economy. there are some tax cuts. the government is also encouraging provincial governments to do more on those big infrastructure projects, but it doesn't have the wiggle room it has a decade ago, last time there was a crisis of this magnitude. there is always deep suspicion about china's of

standards say that number can change depending on driving style and climate conditions. >> apple's new iphones won't be revealed for month, but we have an idea about what they might look like. apple will once again introduce three new phones this fall. the top model will have three rear cameras. three. the other two models will have two cameras on the back. this year's models have two rear cameras for better zooming and a better portrait mode, but not yet clear how a third camera is going to be used in that next iphone. >> still to come, we recap tonight's top stories including pg and e replacing it's ceo after she re-signed. that story and more, when we return. tonight. pg&e )s c-e-o has stepped down from her position. the company says )geisha williams ) is resigning... at a time when the utility is embroiled in contr >>> she has stepped down from her position. she is re-signing at a time when the utility is embroiled in controversy following a series of deadly and devastating wildfires. the board of directors is now searching for her replacement. john simon will take over in the interim. he'

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franz are typically released arey -- new iphones typically released every november. it is not enough time for them to come out with a dramatically cheaper iphone, so i think what we are going to see are more dramatic changes to their marketing. we are going to see new deals. i heard speculation about where you can get a free apple music or apple watch or something like that. an additional product. there's ways they can tweak demand and supply and pushing people to buy phones until they have a up they can create for 2020 and beyond which might appeal to create until they can one for 2020 and beyond which might appeal. haidi: i think if you take a look at apple supplies as a bellwether, they were falling for much of last year. what could have possibly happened in those two months? is there some kind of question mark on the way apple might have communicated this expectation of weakness given the structural chinese slowdown which has been happening for quite some time? mark: quite frankly, they dropped the ball big-time. two months ago is not a long time ago. quite frankl

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