if you bought friday at the close and you have a 4% gain on apple today, what would you do? >> i would say in the trade. so i think apple has been -- >> i think you have to stay. but we talked at the beginning of the week when apple was trading well, we said it was headed to 525. >> but we know that apple has been the buyer. so the buyer is gone now. who's left? >> good point. >> we let dan nathan call the move perfectly earlier this week on "fast." take a listen. >> to me the options activity has spoken to the fact that they biering back stock. a lot of delta one trading going on. well, between -- it could speak to the fact that there are banks doing accelerated buy back for the company. >> isn't it cool that you fill in two things on that. you fill in the negative case -- >> oh, stop. he'll have much more at 5:30 eastern time. we have the ceo of an asset that has been banned from the apple store and bitcoin fans are fours you about it. >>> and netflix hit an all-time high today. is it too late to get in on the stock? that's next. mine was earned in korea in 1953. afghanista

apple working on a set-top box to be announced as early as april. vers apple for us and joins me now. we are talking about potential content players. >> there is a new apple tv, this is an upgraded apple tv box. it could be announced around april and it could be ready in time for christmas. we are hearing talk of a new interface that would make it easy to use. >> would this be different from the apple tv? >> we do not know. apple does not often come out with something radically different. content is what they have been missing. it is still a hobby relative to the size of apple. they have referred to it as a hobby product. you know, if they can get it so they have all time warner cable content on it, now it is a place where it is a primary viewing vehicle. >> we are hearing it is going to have a processor and be easier to use. the pressure has been on apple to come out with something new. it does not sound like this is really it. >> even in the tv world. we have been hearing for years they would come out with an actual tv. they have a lot of big proje

apple has the wherewithal and talent to look at a lot of things. i'm sure there are people working onsion somewhere inside apple, but there are lots of questions. it seems like sometimes the street wants margins and sometimes the street wants growth. a tv would cause a margin problem for them. >> what about consumers? consumers want new products. >> this is true. >> we will continue to follow this story -- apple coming out with a new set top box to be announced as soon as april and be on sale before the holidays. morell be back with "bloomberg west" after the break. ♪ >> welcome back to "bloomberg west." what vmware is partnering up with google, providing access to microsoft products on chrome books for the first time ever. will it equaled the modern corporate desktop? i want to get to cory johnson for more on that. >> big announcement in the computing world, just made in the last hour or so by vmware and by google and by these guys right here. how do you describe this? >> this is awesome. we are going to revolutionize to brands, bringing chrome to desktop. onple are trying to get the

you can watch all of our interviews on apple tv. ran new experience featuring live, streaming, on-demand videos. we are on apple. ♪ >> good morning. "market makers" this morning. the vix 15.52 -- sonofi is a giant pharmaceutical company. they have their first profit increase in four years. investors wanted to see more growth. some say they are lowering expectations. officerief executive spend most of dabo swinney stephanie ruhle. he joins us now on set. your here with a visit from your president hollande. what i find amazing -- we have not seen a french president and america in 18 years. this stems pay. >> this is the first state visit. there are various types of visits. this is the highest level. obviously, he has been here before, but not with all of the treatment of a state visit. >> i think most americans are unaware of the size of french business in the united states. there is a substantial french investment in companies in the united states. >> there is. one of the things about being a european company is that you outgrow your

charlie, do you take him at his word he hangs on to apple. >> carl is not in and out for every stock. he still there, he bought it, took on a bully. a short seller named big aikman, carl has been right so far. so, i would say, you know he you know one thing about carl icahn, he has perfected this in an interesting way, he never gets too greedy, he knows what to declare victory, right now with apple, i don't care what anyone said they increases that buyback program not because the stock was cheap, they did it but carl icahn has made a good argument on it, but he also smelled blood in the water, that blood of a cheap stock price, a lot of cash on the sideline, hen he did his dance. it worked. neil: he got them to buyback a lot of stock, he is still hanging on, he will continue to. it is way undervalued now. >> he has big positions. you said scare them, make a lot of money off them, then leave them. them. i thought we were talking about my ikt ex-girlfriends, but he is keeping score. like charlie said, he is a motivate or, he is problem talking to tim cook right now, he said, tim, we hav

right now, anyone who uses block chain will not be able to do it on apple. forcee likely bitcoin users to use an android phone than it is to force iphone users to stop thinking about bitcoin. >> apple has not commented on white block chain has been kicked out of the app store. >> it's got its own payment system. >> there are 200 other bitcoinapps in the app store. >> but not really wallace. -- wallets. most of the other apps cannot be used to send and receive bitcoin. you cannot use them to go out and shop with them. that apple has its own payment system but i can't imagine any other reason why they would lock the block chain app. it's weird that apple has become the giant death star of information where they are supersecret and do not tell anyone anything and refused to think different. does not make sense to the bitcoin community and it is confusing to consumers. interesting that in some ways it was clarified what the issues were but it is not that clear. they say it's an issue not x and it's amt. go problem for other wallets but it's a specific issue. i t

on his other proposal. proxy shareholder advisory services have said no. they have told appletch that. ebay is about 40%. paypal is 40% of ebay's group revenue. that is a big deal. stuart: got it. one more headline from karl icahn. here is what he had to say about raising taxes on the rich in new york city. >> personally i know my friends will hate me, but, hey, there is a huge bar between the rich and the poor in the city. it would not kill them to pay a little bit more. i am not talking about the 250 guy, i'm talking about 10 million, 20 million, 30 million. >> yeah. stuart: correct, sir. judge andrew napolitano is here. >> i guess you and i will agree on this. it is absurd to suggest that taxes should go up just because someone can afford to part with a little bit of cash. the government wants more money. it is just an act of law at the coloring it owns a greater portion of our income. stuart: you are very articulate. >> as understanding -- stuart: he has $20 billion worth of wealth. we do not tax wealth. >> i guess he is talking about taxing wealth. if he is talking about

it is similar to one that yelp has with microsoft and apple. more on how it impacts the companies, cory johnson and i spoke with brian blair. >> i think it is going to be similar what we see when we search yahoo!, we will see yelp listings at the top. it yelp is a strong brand. it is going to bring an added degree of intelligence to yahoo! search. it will drive people to use yahoo! search because it makes it smarter. >> one of the interesting things they did is make it more social. yahoo! is never really had success with that. >> one of the things it is interesting as it was a apple do this 18 months ago with their mobile map tronic on ios. this order to build an yelp reviews. if you are searching for a variety of services, if that service had been reviewed, you saw two or three reviews. it was great for apple because it added a lot of intelligence to just searching for any kind of business. it was fantastic for yelp as we saw reflected in the stock price. it drew a lot of new users to yelp, which now has 53 million new users a month. that is su

one hand and apple on the other. people keep on talking about what amazon may do with streaming video. you do not have money today, you will need it for tomorrow potentially. one thing we see with these devices are lots of iterations. one of these players looking to sign up as many content players as possible. when you look at what is available on apple tv compared to six months ago there is a big change there. everyone is hungry to offer better service. roku, we will be able to tell the story of a company that has technology that it is licensing to others out there that want to stay competitive to apple tv. i am thinking of the smart tv manufacturers. they talk about selling their operating system to tv manufacturers and that becomes a secondary revenue source for them. but you are right, there is a lot of change happening, devices are getting better, and that leads to a potential need for money. the impetus for going public the same as 10 years ago? is it for cashing out for shareholders? >> without a doubt, they w

it is not apple's -- they don't often come without something radically different on itunes. it is probably -- again, content is really what they have been missing. it is still a hobby relative to the size of apple. they have referred to it as a hobbiesque product. if they can get it, so they have all time warner cable content on there, suddenly it is a place where it can become kind of a primary viewing vehicle for people rather than just for netflix or just for a few of the different channels they have on there now. >> we're hearing it is going to proprocesser and will be easier to use. the pressure has been on apple to come out with something new. it doesn't sound like this is really it. >> neen the tv world, we have been hearing talks for years that they are going to come out with an actual tv. that is not what this is. they have a lot of big projects in the works. they are currently working on iwatch. we have been hearing talks. they have been hiring sleep experts and fitness experts. we'll see whether this is an evolutionary improvement of a fairly minor product for them

demonstrating frustrations by destroying phones but also there are people seriously questioning apple's motive. at oned a wonderful application -- advertisement out to think peoplehe innovators and who thought differently. a long time ago people questioned apple's ability to think differently and today they're using power and control encourage -- to serious innovation. are not of people shooting iphones but are switching over to use other devices, android or wallet on chrome. it is interesting that apple without any comment has blocked this technology. for some reason apple is against it going. i was wondering if you knew why it is or if you could guess. the top three reasons. >> that is a really good question. i think it is fascinating apple would surrender to google. if i was watching the companies, i would bet on google going forward. we are already seeing a large amount of people switch. seen an uptick and downloads the last couple of days. this should not be a big surprise. thee has telegraphed intention to build a payment system on top of the credit cards they have. it really will not be innovat

right now the app only works on apple products, but disney hopes to have one that will work with othere in the near future. >>> facebook is retiring its e-mail service. the social media has alerted users that @facebook.com is a thing of the past. facebook says it will be redirecting e-mail to the primary e-mail address associated with the account. >>> the popular cell phone selfies are being blamed for the up tick in a number of cases of head lice among teens. lice outbreaks are typically seen in grade schools because young children are more likely to make head to head contact than older stunts, but those who treat lice say they're now seeing a number of teenagers getting lice. that's because many teens are leeng their heads in together making it easy for lice to spread. >>> thank you for making ktvu your choice for news. our coverage continues with the 10:00 news. tonight we find out if people are heeding the call to conserve did you recollect this drought and actually conserving water. we're always here for you at ktvu.com. tmz is up next right here on tv 36. [ sports announcer ] her

we moved on apple at a very opportune time. he money into qualcomm, which is ubiquitous in the chip does this. >> i want to jump in and ask you one question before we run out of time. about uncertainty, you have been outspoken on politics. something of a starring role last year in a role oft focused on the the .1%. what do you make of the current debate on inequality and prayer is a taking this country? heart -- we in my could spend an hour on this. i am very sympathetic to the problems of the 99%. thereality is, i have taken giving pledge of warren buffett. i have given back about half of my net worth to society. i believe with every bone in my body that these youngsters deserve equal -- equal opportunity. her from the cannotnt is that you force equal outcomes through the tax code. but you do have a moral obligation to provide equal opportunity. i think it is a big problem in our society. time i would say that the things that bother me are the income disparity between the haves and the have-nots and the fact that there are 70 5

if you miss any of our interviews, you can watch them on apple tv. ♪ ♪ president obama has fired thele over minimum wage. his executive worker minimum governmentaffects contractors. there is continued debate over raising the minimum wage. there's a lot of political noise around this here. look into what a fair minimum wage should be, what did you learn? >> i learned that debate has been going on for years and there has not been a lot of clarity on it in political circles, but there has been progress. be coming seem to around to the idea that a modest size minimum wage does not have the harmful effects on employment that you read about in your freshman economics textbook. not that there is no affect at all, and the effect gets bigger when you get to large increases, but something in the range of $10.10 seems to be in the range that would not do a lot of damage to employment and would help the lives of people who are earning low wages. >> president obama came to a level that sounds reasonable. from?did he get $10.10 he picked it up because it's the bill that is been introduced in congr

you could imagine time warner would offer the apple tv as an add-on for customers waiting to pay more for this is a man time warner might become a big customer of apple. >> my question is if apple is going to put their time and money into the apple tv, what other products are they not going to put money into that investors were thinking about? class i do not know if that is a great way to put it. apple is always thinking of what new products categories they will have in the future. we have a big category coming up. i am not sure what they would be diverting money or spending into, but i would be very excited if apple did a tv -- an update. the moneynk about spent, $18 billion over the last four or five years, you have got to start to ask, when will that pay off? you mentioned wearables. a lot of talk about a watch. we have heard a lot of talk about apple tv. what else is on the horizon? what about for the mobile payment system? is that something that might come to fruition soon? >> with touch id, that is absolutely what will happen. the fact you have fingerprints, one of the most secu

apple insid insider. radio silence. tim, what's going on? >> it's clear that apple is preparing something. tim cook, their ceo, has made comments about this. the bottom line is, though, apple never brings a product to market until it's completely ready. it's completely gone through the testing, and more importantly, it's got ecosystem and channels ready for it to go, because when they sell something, they expect to sell in the millions. so, you know, we know that apple is working on some exciting new things. we suspect they're working on an update to the tv, to apple tv as well as potentially a smartwatch and, of course, we have a yearly cycle for the iphone, which usually is in this late fall, early winter. so bottom line is, you kind of just have to kind of wait and see what apple's going to do, but you can bet they have something going on. >> tim what do you think it is? you talked about tv. we've talked a lot about the back channel stuff they may be doing with the network. what do you really believe they're going to roll out? >> i do believe that they have a serious focus on apple tv.

investors are leading this, anding at asking what can be on kingdom holdings books. >> selling out on appleup? >> yes what makes the search kind of interesting that it comes on the back of a lot of lenders selling apple in 2005. the ipod, steve jobs, all of the there,ere was already so he sold in 2005. the shares have plummeted out, and he is not come back. >> he is rising up. thank you. " therow on "in the loop, go investor best known for distressed investing will be my guest. ♪ >> it is 56 minutes past the arc of that means that little vision is on the markets. just 30 minutes into the trading day, let's get you caught up on where stocks are trading. theave a mixed picture, nasdaq is training a little bit higher -- trading a little bit higher, the dow and s&p down. yellen'so janet testimony to mark about her first comments since becoming fed chair. china's usage of the precious metal surged 41% from the year and investors are taking advantage of the drop in prices. are pretty figures amazing. it was not just use it, it was reduction rising to records in china. is that just a reflection of

apple seems to have a fix for these things. on friday, they released an update of their system which they say fixes the problem. you may want to update today. since apple has been tight-lipped on the details, it's tough to say how far this problem reaches. >> the cyber attacks so much more prevalent now. ryan, thank you. >> sure thing. >>> we're going to turn now to the fast-developing situation in ukrai ukraine. it's no longer clear who is in control of the country. the president's left the capi l capital. and protesters have seized all the key government buildings. hamish macdonald is in kiev. hamish? >> reporter: there have been jubilant scenes here in kiev in the past hour or so as news emerged that the president has resigned. in the square behind me, outside the parliament, in front of the presidential offices, they were screaming, cheering, waving the ukraine flag at the news that this man they wanted to see removed from office had made that decision. it came three months and one day after these protests began. their celebra

we have been covering what is going on in san francisco. companies from applebook to ebay have buses going down silicon valley. >> of all the places were income inequality exist it is not , walmart workers on welfare, it is technology companies that are ticking people off. >> listening to an angel investor speaking about this last night, he said two or three years ago the goal was to combat unemployment. they had brought the unemployment down by bringing more technology companies into the city. by keeping technology companies like twitter in the city. yet it has had an adverse consequence. housing prices have gone up. transportation issues have arisen. parallel transportation systems. the technology shuttle buses and workers not taking public transportation. he made a call to action to all these companies to do more, to assume greater responsibility. take a listen to what he had to say. >> it is important for all of us to realize that you do not have to be jack dorsey to give back to the community. if you do not have a high net worth, you can start by volunteer

>> we're making a lot of money on apple. >> how much? >> that comes out of left field.nto the numbers. >> come on. you can give me a little bit. >> i don't even have it. on paper we're making some. but on paper we think the stock is really cheap. i like to think we helped a little bit saying it should be bought back. there we like cook very much and, you know, we really didn't want to have a fight. in the case of paypal, you can not have this company, like motorola, i said that two three years, luckily they listened. motorola we made a lot of money it could have gone bankrupt if they had not split it up and brought in sanjay and did a grat job and sold it. same thing will happen with paypal. could be great. phenomenal company but you can't have a run -- >> can't have a run by people that is incompetent. >> number one, forgetting incompetent. look at the corporate governance here. how does the guy give away 4.5 billion? if your family owned the company, charlie, and let a guy run it and gave away 4.5 billion in 18 months, what the elle would you do. >>> my that's right w

on friday. you may want to update today. since apple has been tight-lipd on the details, it's tough to say how far this problem reaches. >> the cyber attacks so much more prevalent now. ryan, thank you. >>> the fast-developing situation in ukraine. it's no longer clear who is in control of the country. h hamish macdonald is in kiev. >> reporter: it's clear that the president is not in full control of the country. walking around the streets of the capital this morning, the protesters are in control. of the key pieces of infrom structure, the parliament building, the president's home -- one of the key opposition leaders is wanting to be freed. >> right now, he's still the legal president any way. we cannot see him here. no one knows where he is. right now, we have -- we are on the edge of a war. and -- the result of this war could be really horrible. and any way, we can see here, not just economical war or social. we can see g erk opolitical war. >> reporter: abc news has been told by the president's spokeswoman that he's in an eastern ci

the makers of the popular candy facebook andme on apple said it will raise $5 million for an0 ipo. iron is hot. people are addicted to the game. catch all the latest on "bloomberg west." is apple looking to acquire tesla motors? swirling after the san francisco chronicle reported that the tech giant's top dealmaker secretly met with tesla's ceo elon musk last spring. neither company is talking about the meeting. the prospect of a merger has caught the interest. joining us is the editor-in-chief of a weblog that covers everything auto related. i know you guys have followed tesla very closely. how real do you think this is? >> i would put this at about 20% real. i'm sure they met. elon musk is super cool. i would want to hang out with them too. -- him too. monday thatort on apple has a product the tesla could use. every car has a touchscreen in it. there is no standard for touchscreen. if they are talking about working on a standard, it would be great. i would totally believe it. >> that would do what? putting the ios in the tesla cars would do what? >> it would give tesla a better s

in his words, it means we're betting on apple. means we are really confident in what we are doing and what we planned to do. we're not just saying that, we're showing that with our actions, to which i say, bravo. here's a company that truly believes the action in the stock is ridiculous. those prospects play out, apple will have retired an immense amount of stock at lower prices than it should have been able to get because people have given up on it. and why not? apple came to the bond market in a brilliant way not that long ago capturing the exact bottom in interest rates, three-year debt and five-year debt. which makes the buys quite a bargain right before the company shelled out a dividend with a 2.33% yield. opportunistic in selling bonds, opportunistic in buying back stocks into weakness. most of the time when i see buybacks, i've got to laugh. like the endless cisco buyback, or how about the accelerated buybacks of adt, which had the gal to purchase 10 million shares from keith meister who happened to be on the board represe

last may, levin was in charge of a hearing on apple's tax practices. still to come: one trader plots an exit strategy for a grocery stock... plus... warner brothers wins big on the movie that kids like, but adults love. and are employees at their breaking point?? protest galore are coming up after this break! while walmart announces that it's looking at supporting a hike in the minimum wage, the latest piece of ammunition in the battle---has the congressional budget office taking cover from democrats and praise from republicans. our cover story takes a closer look at the c-b-o's numbers. the non-partisan congressional budget office is facing criticism of its calculations that raising the minimum wage to ten dollars, ten cents an hour could cost a half-million jobs...a decrease in total employment. "i want to know what sort of methodology they used..." members of the white house council of economic advisors said "zero is a perfectly reasonable estimate of the impact of the minimum wage on employment" and accused the c- b-o of being "out of step" with lea

yesterday it held the second highest grossing spot on apple's app store. king digital which owns the game hopes to make $500 million on the ipo. >>> a utah woman was so upset by what she described at pornographic t-shirts displayed at the mall that she bought them all. they featured models in scanty clad clothing. jodie cox said they crossed the boynedy. >> it stopped me in my tracks. i was really shocked to see them. >> she was complained but was told the shirts would not be taken down, so she bought all 19 shirts in stock for $567. cox says she'll return them later. the pac sun store is located in ultra conservative utah county. most residents are mormons. >>> and, anne-marie, the power ball is worth $400 million. the single winner would end up with $230 million. after taxes that would leave you with about $100 million to invest or spend. anne-marie. >> not too shabby. >>> well, a baseball game took an ugly turn in cuba. freddy alvarez hit two batters, the second one in the head. that cleared two benches. alvarez managed to avoid the full brunt of the bat

. >>> still ahead at 9:00, details on apple's secret meeting to possibly expand the company and why ski resorts are blasting a plan designed to preserve the tahoe region. >>> hi there, everyone, i'm leigh glaser. we'll experience cold air and cooler [ male announcer ] value is always served up fresh at subway. where this february, you'll find two crowd favorites as this month's featured values. the classic meatball marinara is our featured $5 footlong... try it with melty mozzarella atop our signature marinara sauce. and the $3 six-inch select of february is the better-for-you oven-roasted chicken. top this low-fat favorite with fresh spinach, honey mustard or whatever you love, on your choice of freshly baked bread. both are available all month long as our february featured values. subway. eat fresh. >>> a new report suggests apple executives met with elon musk to discuss a possible merger. the chronical report sited an unnamed source with information. it said musk met with apple's chief of muggers and acquisitions and possibly ceo tim cook last spring at the headquarters. analysts bel

up next, icahn on apple. the billionaire investor thinks the stock is undervalued. he is not selling anytime soon. oh, and he thinks the market is on heroin. we'll tell you about that one as well. >>> plus the robots are coming. google secretly working on a creepy android army. it is creepy, right? i don't like the look of that thing. it has enlisted the help of scandal-ridden fox con as well. big story. coming right up. [ male aouncer ] we all think about life inrance. but when we start worrying about tomorrow, we miss out on the thin that matter today. ♪ at axa, we fer advice and help you break down your insurance goals into small, mageable steps. because when you plan for tomorrow, it helps you live for today. can we help you take a small step? for advice, retirement, and fe insurance, connect with axa. melissa: carl icahn, giving fox business a look into the next market moves. here to react, jason rotman, and kyle harrington. thanks to both of you guys for joining us. you know, so apple shares fell off a cliff at end of january. carl icahn had thoughts on value g

flack ♪ ♪ i finally found the right snack ♪ ♪ >>> on abc7 news at 6:00, details of a in report on apple's>> we have yet to meet someone who doesn't like pizza. and now the military hopes to include it as a ready to eat meal for soldiers. it's one most questioned food item biz soldiers but creating a ready to eat pete a that doesn't need refridge racing and can survive a 50-foot drop from a helicopter is challenging. researcher think they have created a slice that stay goods for three years, and everybody knows pizza tastes good cold. >>> thank you for joining us, have a good night. >>> welcome to "world news." tonight, the fallout. after the verdict in the case of the man who pulled the trigger at a gas station, killing a teenager. it all began over loud music. tonight, the boy's parents react and the prosecutor's new vow. >>> buried alive. the avalanche in the west, moving so swiftly, the skiers lost, the death toll mounting as another system hits. seven feet of snow in some spots? while in the east, who is in for a big thaw this week? >>> the tearful win. the american skier who did some

on covered. it allows hackers to intercept and change e-mail messages. appleays most of the phones ipod and ipad will automatically download and install the security patch. working on a similar one for the operating system on apple computers. >> the illinois tollway system is about to get smarter. will warn drivers about lane closings from accidents to breakdowns and advised them about safe speed. the program could be up and running by 2016. a similar but less sophisticated system is going up on the northern stretch of united states 41. >> the chicago bulls brought a winning streak down to miami. james did not play because of a broken nose. >> he misses the jumper the bulls snapped a five game winning streak. >> scoreless in the first when canada's player took a bad angle shot. the same score next period. a sydney crosby break away. canada wins 3- 0. second straight gold medal. >> russia ended up winning the overall medal count. the united states was second with 28. norway canada and the netherlands rounded out the top five. racing fans had to wait a long time

in his words, it means we're betting on apple.onfident in what we are doing and what we planned to do. we're not just saying that, we're showing that with our actions, to which i say, bravo. here's a company that truly believes the action in the stock is ridiculous. those prospects play out, apple will have retired an immense amount of stock at lower prices than it should have been able to get because people have given up on it. and why not? apple came to the bond market in a brilliant way not that long ago capturing the exact bottom in interest rates, three-year debt and five-year debt. which makes the buys quite a bargain right before the company shelled out a dividend with a 2.33% yield. opportunistic in selling bonds, opportunistic in buying back stocks into weakness. most of the time when i see buybacks, i've got to laugh. like the endless cisco buyback, or how about the accelerated buybacks of adt, which had the gal to purchase 10 million shares from keith meister who happened to be on the board representing the interest of

on your phone. that is why a lot of people have been pointing to apple. the challenge that apple faces is breaking up that cable ecosystem. being able to sign competitively priced deals with all the content players that are similar to the ones the cable companies already have. interviewo did a big with disney chairman and ceo -- disney owns abc and comcast owns nbc. let's take a look at what eiger had to tell you in that interview. >> whether there is consolidation or the ownership of the existing multichannel business changes, we will be as in demand as we have been. you can't go through a subscriber without offering our product. it doesn't really mean that much to us. >> given comcast owns nbc, it adds another wrinkle into this whole potential deal. how does that play into this? >> it's a big factor. they are not just a straight cable player, they are a content provider as well. it is one of the factors that make regulators look at this differently and why the stakes here matter far more than just cable eyeballs. it has to do with the programming side o

josh, any new news on the deal with apple? at apple hq in cupertino, california, the ceo did field questions. we have done 23 acquisitions in the past 16 months, we would be interested, also, in a big acquisition, but it would have to make strategic sense for us. acquisitions, we have done 23 in the past year and half. but we'll keep looking for ones that make long-term for the company. some share holders were asking, why don't you talk more about the products in your pipeline and tim cook responding, listen, we're not interesting in laying out a road map for our rivals, nor are we interested, he in his words, being ripped off by our rivals. the growth the company is seeing there, we talked about brazil, cook said they did less $4 billion in revenue last year. last year, over $30 billion. finally, of course, shareholder were here, a couple of hundred of them. they drove here and flew here. they were to listen to cook. they were also here to cast their votes on a range of issues from executive compensation to the stock plan. th

shareholders congregate, we are asking one of the smartest apple analysts on the planet, jean munsterthe man who created one of the best-selling sports games in history, matt in nfl, founder of electronic arts and he has his eyes set on a new prize, the heart and mind of your kids. kenna project backed by heavy weight and recent horowitz turn a profit? trip talking, our exclusive tests. behind the upbeat voices and tier fool's miles the morning show war is getting nasty behind-the-scenes. nbc finally trumped good morning america after two years suffering in second place but will the olympic a low of sochi last? what is at stake decides millions of ad dollars? "countdown to the closing bell" starts now. good afternoon. i am liz claman. it is the last hour of trading on the last day of february. such a brutal month for the weather but such a warm and cozy and welcoming month for stocks and your money. the dow and s&p on track to gain 4% for the month. the s&p 500 boys for a second straight close and the nasdaq jumping all four weeks in february, the longest weekly winning streak in thre

>> a lot of that on effects considering. for example applein the service sector are around them. there is a lot of at on effect. the sector has been growing 200 times faster than any other part of all labor market. liz: do you specifically seek out women are you just hiring based on merit and the most talented? >> we are hiring based on talent and merit. we do see having a female ceo as a big impact, people applying to teach. many more women applying because they see what a role model for them. we have the great job being able to recruit women from great companies, three women joined in the stages. charles: what exactly do you do? >> a 1-stop shop for travelers. whether you are winetasting, might even put together a sightseeing tour, you can now go to one place easily discover the things you can do and book the mom line. charles: i know i am going to go somewhere in june, start to set up my agenda, itinerary through the application. >> you can do it on the day as well. people want to use it locally, figure out what to do with the kids on the

fromina has banned firms using it, i check it on my iphone. apple stopped allowing you to download blockchain, bitcoin wallet. state attorney general saying the use of bitcoins in transaction is a technological floors to -- a technological floorourish to crime. >> even ben bernanke said he -- even beninancial bernanke think the potential of bitcoin -- 22%, the soros, s&p all in, 32%. make a lot of money. he was still trailing the s&p 500, really hard to be the s&p. >> he has displaced right at bridgewater as the top performer. >> david tepper is somewhere in the mid-40's. >> great news for blackrock an etf's. >> the old vanguard, just index yourself. >> james mackintosh this morning, here is the key quote this hour. we will focus on this across "bloomberg surveillance." four other funds made four jillion dollars correctly calling strong run in equities. our guest post is michael holland. we look at chairman yellen's testimony tomorrow. they arethese hitters, making 2% and 20% on their fees, all they did was holland 101. to be everything back to vang

on your phone. i think that's why a lot of people have been pointing to apple. as bloomberg has reported in apple's talks with time warner cable, the challenge apple faces is breaking up that cable ecosystem, being able to sign competitively priced deals with all the content players that are similar to the ones that the cable companies already have. >> you did an interview with disney c.e.o. bob iger. disney owns nbc, i want to talk about the content perspective. first take a listen to what iger had to tell you in that interview. >> whether this consolidation or ownership of the existing multichannel business changes, we're going to be as in demand as we've been. you can't go after the subscriber without offering them our product so it doesn't really mean much to us. >> given comcast also owns nbc, that adds another wrinkle into this whole potential deal. how does that play into this? >> it's a big factor. they are not a straight cable player. they are a content provider as well. it's an important wrinkle and it's one of the factors that will make regulators loo

apple has. they have to do something with their cash. i'm more with doc ons, that if they went out and did that it would have changed the perception of apple as a has been. >> i think it would have changed the perception of apple which said, okay, we can't innovate so we've got to go out and spend $19 billion on something that's not making any money. >> joe, you're the one who owns it. would you have preferred that apple did this deal? >> at this point apple needs to do something. he's making the argument and he's making the argument on usage of cash. use the cash. that's where i think everyone is going with this. at some point to have that cash on your balance sheet, you're going to be punished by the marketplace. it's too much cash just to sit there. you see it's happening. that's why it's in a side way range. >> one of our traders loves the deal so much she's buying the stock today. stefanie link is on the phone. tell us about your trade. >> well, when the deal was announced last night in the after market, the stock had fallen about 5%. and so i was kind

earnings you were bullish on the stock and apple tanked on the earnings. >> what's interestingit tachbinged and -- it touched on the average, and we think the bounce continues. we like it a lot. >> carter likes apple still. >>> coming up next small caps had the worst three-week stretch since june of 2012. why it could get much worse. >>> what's your favorite sport? >> curling. >> hockey. >> ice skating. >> what about curling? it is mine. >> quit sucking up to the host, it's "options action" on the web. all through the games, watch "options action" on line and on demand. go to options action.cnbc.com. or follow us on twitter. "options action" is going for the gold. [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the trading floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male announcer ] so the magic shell went back to being a

obviously it's the second highest grossing app on apple. ncentrated. 75% of its revenues come from this one app. the question comes down to is it going to acquire, is it raising this capital to actually make an acquisition. so there's a lot of uncertainty that's there. on the opposite side you have spotify which has that broader platform but hasn't made profits yet. so, you know, these two companies are very interesting and that strategy to enable them to make an acquisition or to turn their assets into revenue generating assets is going to be crucial once the hype has passed because you could make a quick buck out of these ipos because a lot of goodwill is given for growth, but as we've seen in twitter recently, investor patience does wear thin, and it's a very crowded trade. the tech -- the bank of america and merrill lynch came out with that survey saying that 48% of managers are overweight. it's the second highest amount in a decade. >> i think she just made a case for them to merge. >> right there. that will work. absolutely. >> right?

earnings you were bullish on the stock and apple tanked on the earnings. >> what's interesting touched on the average, and we think the bounce continues. bounce continues. we like it a lot. >> carter likes apple still. >>> coming up next small caps had the worst three-week stretch since june of 2012. why it could get much worse. >>> what's your favorite sport? >> curling. >> hockey. >> ice skating. >> what about curling? it is mine. >> quit sucking up to the host, it's "options action" on the web. all through the games, watch "options action" on line and on demand. go to options action.cnbc.com. or follow us on twitter. it's the games and "options action" is going for the gold. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks

the half, going to dig deeper on apple and talk to the guy who literally wrote the book on the company's product innovation chief. >>> plus, the oscar winners on sunday don't just get an ego boost, there's serious dough tied to an academy award. we'll go live to find out how much and which stocks could be the big winners. >>> and as the push to split up pepsi is renewed, we talked to the fifth largest shareholder. a cnbc exclusive. does he think his $2.5 billion investment is better off in a united or a divided pepsi? and as we go to break, take a look at the winners and losers as we close out the trading month. [ bagpipes play ] make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. [ car alarm chirps ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze, and recondition each one, until it's nothing short of a genuine certified pre-owned mercedes-benz for the next new owne

on end, it would be transformative. when you talk about battery technology, is there a way in which apple, one of their partners, someonee battery technology is moving at the pace that it's moving. at the point apple would have something that would last several weeks without charging everybody else would, too. when you look at it, the problem is not how long the battery lasts but what it takes to charge it. they have patents on wireless charging delegate where you could have a little box beside your bed and it would be charging the watch through the air while you slept. they could have a mechanical generator in the watch so the hand movements could watch it. they could have solar. i really doubt it. but there are technologies for charging. and then, you know, what are people willing to put up with. i don't think they are willing to put up nightly having to take off their watch. once a week, maybe if that's the best apple can do. >> always great insight to get from you. our thanks again. see you next time. >> okay. >> talking some of the future of apple there in the pop line. jon, thanks again, too. twitter was iconic mo

. >> a new report on secret apple meetings may shed light on the company's future. the huge industries apple could expand into. abc7 news at 6:00 starts now. >>> good evening, i'm ama daetz. we have developing news out of san jose. after a man was killed in a hut and run. this happens this afternoon at snell avenue and the woods driver in capital expressway. lillian kim has the details. reporter: it appears a man was run over by a car right here in the middle of the street, here on snell avenue. homicide investigators are trying to collect as much evidence as they can. it happened just after 3:00 p.m. san jose police says the victim, presumably a pedestrian in his 30s in, got into a fight with a motorist, police say the driver went back into his car and hit the map before driving away. firefighters performed cpr but the man was pronounced dead. investigators are looking into whether the victim was stabbed in the fight before being run over by the car. police are interviewing self witnesses but at this point it's unclear what started the fight. >> officers responded.

it is the second highest grossing app on apple's app store. king plans to raise more than half a billion dollars through the ipo. >>> it is a mixed day on wall street today. the dow's brief winning streak ended. but the nasdaq and s&p 500 both climbed higher. >>> we're hoping our temperatures climb higher. sounds like they might if we give it time. >> reporter: for us, the dayest winter in about 130 years. >> work out a trade. give them 15 degrees. give us a little rainfall. >> reporter: we have right now a beautiful shot from dublin. it is mostly cloudy. looks game it is game looks like it is going to rain any minute. here is the problem. i am here to tell you it is not. our traffic camera also showing an increase in clouds in the south bay on interstate 680. concord 60. san jose, 59. santa rosa 62 tied with with oakland. livermore at 61. san francisco, currently 59 degrees. where is the rainfall? because the front is close by. that's why it is cloudy. we have rainfall a good four, five hours to our north. still north of eureka. some of you in