it's the highest end phone samsung has ever made. it's our new flagship phone, we're very excited about it. it's got this beautiful wrap-around screen, really a fantastic display. it also has the knox security hardware that i mentioned earlier. so the phone has not only a fingerprint reader on the back, but it also has an iris scanner on the front. so you can program it to open only with your eye. you just glance at the phone, and it unlocks, and no one else is able to unlock it. so that means your data is secure. also the applications that you use like mobile payment that you can use to tap and purchase things, it's locked down with your fingerprint or with your irises. so it's really important for deterring crime. >> host: how long does it take to develop something like that? >> guest: oh, samsung is investing in new technology constantly. you know, this industry is so competitive and so innovative that you really have to always be looking years down the line. some of the technologies in this phone were developed in our research la

>> samsung is investing in new technology constantly. this industry is so competitive and so innovative that you really have to always be looking years down the line. some of the technologies in this phone were developed in our research lab in silicon valley, california, some of the chip technology comes only our semi conductor manufacturing and design in austin, texas, and it's a very long-term commitment that samsung has made for inenmotivating in the united states. we been in the united states for almost 40 years. >> you had one mod of phone banned from u.s. airlines. is that a tough period of time for you? >> the note 7 phone that came out last fall is fortunately behind us. the phone, as everybody knows, was re-called by samsung in cooperation with the consumer product safety commissionment. i'm happy to say the re-call was incredibly successful. we have got 'back more than 98% of the phones, which is really an unprecedented rate of re-call for a product that sold in the millions. and we achieved this by messaging consumes directly

so it is a convergence of samsung ' knowledge is. valley, will be tested in south korea? samsung actually got permission from the south korean government earlier this year to put the driving cars on the road. they wa nt to the driving cars on the road. they want to be a leader in the space. they are already quite advanced among asian economies. they have five g and four g when it comes to mobile network. so when it comes to other parts of the world, singapore for example, we have other companies testing self driving cars and in china as well, plans to put cars on the road by 2020, and toyota, the biggest carmaker in japan, the road by 2020, and toyota, the biggest carmaker injapan, are planning to put $1 billion into research and development in the areas of asia is definitely going to bea areas of asia is definitely going to be a leader in the space as well. we are moving forward but my question is would you write an autonomous car? a self driving car? some of these don't have pedals or steering wheels and i don't think i would get i

. >> we want to introduce you to john of samsung. what is your position?> on the senior vice president of public policy for samsung in washington dc. >> you are based in washington. >> im. >> we are very much focused on working with the government to promote innovation in the united states. when the government creates an environment that allows companies to invest in samsung, thatlike brings jobs to america. i mentioned innovation. a lot of what you see here thend me, it is based on internet of things. the fact that all of our devices in our home, we carry around with us, our car are connected to the internet. that means the world becomes more customized, more responsive to your life. it empowers people to live in new ways because of that internet connection. >> a couple of the issues you probably focus on include privacy and cyber security. >> they are important. especially as more and more lives become interconnected. it is important to have solid cyber security. one of the things samsung brings this phone has security filled then, hardware-based which e

self drive cars, the new frontierfor samsung, for that. for samsung, lots of other text runs as well. let's take a look at the financial markets. shares in tokyo are up — following another rise on wall street as worries over both north korea and storm harvey seem to have eased slightly. a falling yen has boosted the share prices of japanese exporters — it means their goods are cheaper for foreign buyers. let's take a look at what's happening in europe since trading began this morning investors will be keeping their eye on a key a key us jobs figure out later michelle fleurey has the details about what's ahead on wall street today. a second round of trade talks to renegotiate the north american free trade agreement, or nafta, begins in mexico city this friday. early in the week, us president donald trump repeated his threat to rip up the deal if he doesn't get his way. negotiators for the us, mexico and canada are pushing to modernise the 23—year—old agreement ahead of mexico's presidential election next year. and the us labor department re

samsung has 40% of the market.arly wants to keep toshiba independent, wants to keep it as a balanced to samsung possibly -- as a balance to samsung's weight in the market. emily: apple has used samsung chips. why? if you need a memory chip, you have to at least talk to samsung because of their market share. they have the best production, best technology, and biggest scale, so they have an inordinate influence on pricing for those key components that apple really cares about. emily: what's your take on this? david: tim cook's talent has been supply chain and logistics. he is hedging his bets in a critical way. it's awkward that apple has such dependence on samsung for not just these chips, also screens and other components that go into their key product, the iphone, with which they compete with samsung's own phones. there is a very logical competitive as well as supply chain hedging strategy required here. me that really strikes apple is getting better and better at understanding and utilizing chip technology as a c

we have great collaboration with google, microsoft and samsung. these forces will create the ultimate solution at home on the go office and in the car i call it totally connected life we saw samsung get a license to try driverless cars in california can you tell us about your part in that? >> harmon has been involved in driverless cars, and samsung has micro technologies, the sensors, displays, and also ai. we're bringing it altogether we'll start to do some tests safety is paramount in automotive world i invite you to come to ces. we'll show you some unique aspects of integrated and highly automated level 3 and level 4 type of environment and automated cars >> there's still a lot of roadblocks to driverless cars coming to market for you what are the challenges at the moment for driverless cars when do you think we're likely to see these cars go mainstream? >> the number of things here, we see a lot of green chutes. artificial intelligence is not new. getting traction in automotive or aviation space is a new ball game it's not consumer electronic,

looking to steal some s headlines from apple announcing a folding smartphone by next year -- samsung you know that is probably the other biggest player in this space how do they fair -- >> as far as global market share for smartphones really a race between two companies apple and samsung, so a lot of features that we are hearing about, about apple new phone samsung announced but apple, of course, betting object which he system adam johnson talking about that if you are an apple consumer, xa is both you are going to spend 1,000 dollars for this new phone. >> you mean watch. >> the app, we spend americans on average about three horse a -- horse a day you watch whatever you are watching organizing for things at work at home, so we are all essentially addicted whether samsung or apple product, those two companies can duke it out are apple hearing facial recognition technology instead of home button samsung taking a page from minority report tom 'cause cruz going request iris reader creepy but -- >> it is creepy i am glad you said -- there itself a new system at airport, called clear and

there are two ways you can compete with samsung and apple. 0ne ways you can compete with samsung andd the other, such as with his $400 motor works for, is to compete aggressively on price. we priced at world to target discriminating consumers. someone who wants a high—quality smart phone experience but maybe is not looking for the flagship prices. we designed a phone to provide all those benefits the price did very well.m just a couple of weeks a new iphone is likely to dominate the headlines. but manufacturers like those here will be hoping that is a too will still be able to make a splashed. there's a warning that policing in england and wales is facing a ‘perfect storm' because of rising crime and staff shortages. our home affairs correspondent, danny shaw, reports. is the thin blue line becoming too thing? yes, says the police superintendents association. that is the association that represents 1000 ranking middle offices, the men and women who make the operational decisions. the superintendents are concerned that there are fewer police officers working harder and working longer

samsung. >> i think it's an interest product. there are some functions that the samsung already has. the disappointment along with the november shipping date, is they didn't give details about how many units are going to be available. because we do know that there might be some problems in the supply chain getting enough components to build phones to meet demand. i wish they woo have kuld have d that >> talk about the apple watch and apple tv are those game changing upgrades for you? >> not game changing upgrades, but i was modestly impressed with the relationship with amazon for the tv. i thought the watch was intriguing that was impressive. the other iphones, the iphone 8 and 8 plus also modest positive surprise. the disappointment again, because everybody was focused on the simultaneous announcements, the announcement of the iphone 10 >> paul, thank you very much for joining us paul meeks >>> in retail news, nordstrom and founding family selecting leonard green and partners to help take it private the family and green are work

rumored $1000 , $130 of that g will go to samsung for the screen. samsung controls the production for 90% of the industry's oled screens, so if the iphone is a hit, one of their rivals get a big piece of the pie. >> a bit of irony there. things were watching. time for the press review. taking a look at what papers have been saying today. lots of focus today on hurricane irma, the aftermath, the havoc it wreaked in florida, but some papers are saying this morning a major catastrophe was in -- avoided. >> indeed. thousands of homes have been damaged and at least 12 million people are without electricity, putshe washington post" it, it could've been worse. hurricane irma had weakened to a code-33 hurricane when it hit the state and then shifted west, avoiding major cities like miami. warnsos angeles times" that it will be a messy afterlife, one that will tax the patience of residence, and it could be weeks before power is restored. >> french president emmanuel macron today is going to the french island of saint artan, an island that was also very badly

just like, last year's samsung.n hand write animated doodles and send them to people. just like the iphone x last year. you can charge the iphone by setting it on a pad without plugging in a cable. and you can unlock wface.ith ur just, like last year's samsung. both of these phones represent huge leaps in speed, in gorgeousness, they're both top of the line expensive phones around $1,000. and both phones are becoming idencal. ♪ where is the ouage,tr opher off.le. on the other hand, do we care? i mean, when you buy a phone, you are not just buying a phone. you are buying an eco system. you are buying apple's or microsoft's world of interconnect prod ducts. phone, laptop. soft ware. musi store. statement system. and it's not easy to switch eco systemed. you have to rebuy all your apps, relearn how to do everything. look, of course we love innovati innovation, fresh idea. whechb een the companies are stealing ideas from each other. it is all good. it just means that your team won't be left behind when the other team sc

you'll never get out. >> the battle between apple and samsung.alaxy note 8 is in stores today. it has facial recognition and wireless charging. sound familiar? >> uh-huh. >> it also l.e.d. screen. samsung is hoping to make a good impression after the galaxy note 7. it will cost you more than $900. >> less than a thousand. >> people don't say it. a lot of the stuff that they come out with is -- samsung does it first. that's happened more than once. >> so loyal to brand. don't you have certain things you have to use. i like tide. tide is my detergent. >> on the phone? >> if you're an apple person, you're going to be an apple pesh. you'll pay the extra hundred dollars. >> got you. news 4 continues right now at 5:00 a.m. >>> it's 5:00 a.m. >> just like that. >> that's right. good morning everybody. it's a new hour. almost. i'm aaron gilchrist. >> you can tell time. >> 4:59 cln 42. >> i'm eun yang. we're working to get your family ready on this friday morning. can you tell it's friday? >>> a look at the roads and rails with jack taylor in a second. as

people who were committed to android and samsung stayed committed. think iphone users will stay equally committed. we have gotten a lot of news about what the apple announcement is going to entail. what do you want to know from apple on tuesday? >> the two things on that edge come outthey going to with a wireless apple watch that would not need to be paired with an iphone? an lteeferred to as version of the apple watch. some people are speculating that's going to happen. that's going to be a great product for apple when they do that. the second piece is something around content. they have new office space in hollywood and they have made some comments regarding original content. it's unlikely, but we could get the steve jobs theater. that was his last product. i think people are waiting to see what that looks like. julie: getting back to the 3-d component. only one of the three new iphones will have this sensor. do you think any of the other phones will have them and how appealing is that going to be? >> we think it's going to be limited to the higher

neil: why is that big. >> huge, we talked about phones samsung versus apple, samsung smart watch hass and watchers, this is for the watch, apple watch, untethered. the carrier stocks, at&t and verizon bullish for them, when you running, nice to have some music and streaming this individual data plan will be good for carriers. we saw this bump, another group that is getting a nice lift from today's events, optical laser making stocks, 3-d senses lasers if the iphone x is going to use facial recognition technology instead of home screen button that company might get more business from apple. and also solutions, they make fiber optic components that control idea that next trick of for the phone could be improvements to augmented reality, in many forms for gamers, we were talking about shopping. supposedly apple, as we know a big strong, working with app developers so that ikea is one, you want to see if a couch fit or looks good in your living room, you can project it and there is a lot of hollywood and fun uses, if you want your favorite nfl player do a touchdown dance in your living r

however, samsung says it has no plans to make actual cars.ack over to you. >> thanks. >>> new this morning san diego's seaworld is going to court seeking a restraining order against three peta protesters. seaworld says the protesters barged into the orca encounter show last month demanding the whales be released. backlash against seaworld intensified in 2013. you may remember after the release of the documentary showing the dangers of keeping orcas in captivity. the company is starting to phase out some of its whale shows. >>> kari is telling you to be ready for the heat. today is the peak. >> we will be feeling some extremely hot weather today. an excessive heat warning, poor air quality and today is the day you try to stay cool as our temperatures in concord reach up to 108 degrees by 2:00 this afternoon. we will talk about micro climates and what you can expect up next. >>> and we're looking at a nice, easy drive. there are quite a few cars for this time of morning. a smooth drive at 4:42. we're looking at the rest of your commute. i'll ha

there are two ways you can compete with the samsungs and apples of this world, cutting—edge features,ssively on price. someone who wants a high quality smartphone experience but cannot afford the flagship phones. that is what we provide. injust afford the flagship phones. that is what we provide. in just a couple of weeks, a new iphone is likely to dominate the headlines. manufacturers like those here will be hoping they can also make a splash. bbc news. since the 1980s, china's unbridled development has brought improved standards for millions of its citizens. it has also had issues with its unregulated expansion, especially when it comes to the natural environment. that has led authorities in the south—west to ta ke led authorities in the south—west to take the drastic step of shutting down an entire resort town. not eve ryo ne down an entire resort town. not everyone is happy. steve mcdonald has more. translation: this has usually affected allies. we used to work in hotels. —— our lives. now we have lost our lives. translation: businesses have closed. the economy has been affected.

. >>> new iphone 10 was released and samsung not to be left out they announce that had they are hoping to release a bend able version of the galaxy note, that folds in half, a foldable mobile phone or as it was called 10 years ago, a mobile phone. >> that was james corden weighing in on the latest battle between apple and samsung. >> the flip phone, do you remember that. >> yes. >> apple introduced thousand dollars iphone 10 on tuesday, samsung wants to release a foldable phone next year. back to the future, is that what it is call. >> i did like my flip phony didn't have a problem with that. >> i knew she was going to laugh at me. >> no one is laughing, but perfect response, this is the future? >> yes. >> what is oldies new again, katie. >> hey, absolutely but i have seen bell bottoms coming back who knew that was going to happen. >> that was a bad move. >> i'm with you. >> let's switch gears today, walking outdoor with some rain gear. you will see i do not have my umbrella right now. there is not that much wet weather to track locally but back in the south and western suburbs new cas

samsung and chinese rivals close in.hares dip slightly, apple betting on augmented reality technology to help sell its $1000 phones. betty: asian stocks will extend the global rally. the trump team has lost its tax strategy. >> jpmorgan flags 20% in trading revenue. jamie dimon says he is tired of the focus on short-term results. hello, and welcome to "daybreak asia." i am haidi lun here in sydney. betty: and i am betty liu in new york. we are thankfully not talking too much about north korea. it is all about the iphone. and apple shares and how they are reacting. but i know you have breaking news on south korea's job data. haidi: the unemployment situation in south korea has been a real problem and the key campaign promise of the new president. augustthese numbers, the adjusted jobs rate at 3.8%. a little higher than the 3.7% expected. still continuing to be an issue. we are watching the data more closely coming out of south korea, given the trials and tribulations with the north. if we take a look at the markets, it wa

you have a samsung? no, ido the case may be? you have a samsung?ter in terms of this analysis, i would like to be somewhat critical in the sense that this is about, well, people are holding onto their handsets, devices, for longer. so apple has to find ways to grow and make money. so that jacking up the price and hoping they can do it that way. the services they are offering both interesting and the sense that, yes, we are having augmented reality, we are also having facial scan the dedication, so you no longer have to put your thumbprint on, if you don't wa nt put your thumbprint on, if you don't want to type your coding, you can scan your face. but there has been lots of interesting research coming out about how artificial intelligence can use facial recognition in ways that we may not want. will people be trading privacy and security for convenience? that is something that i feel is at stake here. that is the great debate here. 0nly here. that is the great debate here. only a 60% markup. i thought it would be much more than that. you thought the

you can preorder the iphone 8 or you can snag the samsung galaxy phone. it provides improved wireless stability and charging. it is the most expensive smartphone samsung has ever >> wow, that's up there with apple. >> it is up there with apple prices. but lots of bells and whistles. >>> taco bell is testing the menu with items so exclusive they're forbidden, of course, unless you live in orange county, california. it is testing its forbidden bowl and forbidden burrito. at just one store in orange county. the star ingredient? black rice. they're calling it forbidden, because at one point, black ric was reserved only for chinese royalty. >> i may be allergic to black rice. >> i kept waiting for it, like? >> it actually, the black rice does look really good. i want to try it. >> it's healthier. it's a healthier rice. >> what's in it? >> i don't know, i think it's probably brown rice with food coloring. >> they say it has lots of antioxidants with avocado slices. >> there youav healthy. >>> coming up. >> your tailgating party plan next on "world news now." ♪

who cares if samsung had it first. if in your own words -- >> air od. >> i agree. >> apple does it better. i agree there are a lot of great things about apple i'm just saying this is not innovation this is making an innovation that somebody else did better by, for instance, making it easier to use. you don't have to hit your watch five times to get to the thing -- the application that you really want to get to. skipping those steps is what apple is really good at to make it easier to use, to make it so that music syncs up better and so forth. >> i'll get right to tony. he's the number one ranked apple analyst on wall street the folks and investors are waiting, the person investors are waiting to hear from after this announcement. good to see you again. >> thanks for having me. >> the banter on the desk. what was your takeaway >> look, the announcement itself was largely in line with expectations i think if you read reviews, widespread reviews, they are unequivocal that the device is highly attractive. the screen is the

to start off, the team he took a brand spanking new samsung galaxy he took a brand spanking new samsungook a brand spanking new samsung galaxy] three and hot-wired. if we turn the phone on, from idle, we can see the power to the phone increases and then if we do something power hungry like taking a photo with the flash on, the power spikes massively. then they tested the phone baseline. with no battery apps installed. every ten minute period, and then need to same with the installed and in—built battery. all we can actually sees the power save rs we can actually sees the power savers do seem to work, they make a small difference, but the doctor and eu battery saver, about two or three hours, by the looks of things. and then green if i actually makes a difference of about four hours. only is this one doing better than the others? we think it is because of the way the artworks. the first to offer an option to optimise our performance. we suspect what people do is lowering frequencies of apps contacting mobile data, making them run contacting mobile data, making them ru n western contactin

people who were committed to android and samsung stayed committed.sers will equally stay committed. >> as usual, i've gotten a lot of nibbles and leaks about what the apple announcement will entail. in terms of what we do not know, what are you looking for? what you want to know from apple on tuesday? >> two things on the edge. are they going to come out with thateless apple watch would not need to be paired with an iphone? to be able to take phone calls and text messages with just the watch? i think the probability of that is less likely but some people are speculating that is going to happen. it will be a great product for apple when they do that. the second piece we are looking for is something around content. apple has made some recent hires. they have some new office space in hollywood. they have made some comments regarding original content. it is unlikely but we might get a chance to see that. i will throw a third thing on i am really excited about, just a chance to see steve jobs theater. that was his last and final product. i think people ar

samsung says it has no plans to actually make cars. the company has not said exactly where it will be testing the cars in california but we do know there is a samsung office in san jose. >>> and the latest employment data shows a slowdown in jobs growth and the unemployment rate picks up. >> scott mcgrew, only slightly. >> and, kris, i've been telling you for 20 years now, a tenth of a percent either way is not something to celebrate or worry about. the american economy put 156,000 more of our friends and neighbors to work in august. now that's less than economists expected. more importantly the numbers from past months were revised downward. the unemployment rate goes higher but, again, little moves are not worth getting worked up about. other news, the california supreme court ruled on thursday citizens have a right to the data collected by police automated license plate readers and police departments can't prevent people from looking ta-da at that by claiming an ongoing investigation if there is no specific investigation. some polic

samsung and lg gaining, as well as another chipmaker.dex is expected to snap a three-day rise. high, jumped to a record benefiting from apple's shifted to oled screens. thaad-related stocks under pressure. there will be a wto complaint to china. a third -- a for third day of gains. that is it for your market check. ♪ >> we do have one more thing. [applause] >> we are here at the steve jobs theater, at the new apple campus. this is the iphone x. it has an almost bezel-less screen, face recognition center, , it has a glass back, stainless steel edges. it looks really nice. oled screen, which really makes colors pop out. you can see the time in the corner. they flipped the status bar. a bottom charger. wireless charging on the back as well. overall, the screen is 5.8 inches. it is a little bigger than the iphone 7 plus and 8 plus. overall, feels about the size of of an iphone 7, smaller, because of the slim bezels. i know people are asking about the side button. it's a little longer. you can hold it down to activate siri. also double-click

samsung no eight has been very quickly selling. expect apple to be able to reach the higher price point consumers really want to have latestchet and the gadgets and own that phone. scarlet: thanks to selina wang in cupertino, california and tom giles executive editor of global technologies. you track of all is apple headlines at the top live blog. it's a tliv on the bloomberg. from new york, this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. >> we're not stopping there. we do have one more thing. [applause] >> let's bring you up to speed with what the next step forward looks like. the iphone 10 has a stainless steel body availa

samsung electronics, one of the front runners when you look at the msci asia-pacific index, up by .6%. news going to roll out its note a phone in china at the end of the month, and also partnering with we chat. pretty range bound when it comes to the overall regional asia-pacific index today. we did have five sessions of gains. looking like we must all of that of the today. david: at some point it was going to run out of steam. thank you. to add to that, we had the apple store yesterday. surprised it was not discussed as much. sounds and does supply apple. it is a fairly big supplier. and the big part of the story and apple was the delay on when that phone was good to be available. he said a lot of that is and you can down to the fact that those screens are very hard to produce and they are produced by none other than samsung. iran of course how sometimes you fight, but sometimes you should get along. right, let's get you caught up on first word news. rosalind: u.s. officials say russian influence voters through is a red-hotand focus of robert mueller's investigation into the election

plus -- >> not made by apple, samsung or google but getting a lot of >>> one of the most anticipatedbits is already here in san francisco. >> tickets for the museum of ice cream go on sale to the general public tomorrow. lucky preview. >> welcome to the museum of ice cream, san francisco. come on in. >> reporter: if music is good for the soul, ice cream is therapy for the heart. museum is really about the art of being happy. each exhibit transports us to time and place in our childhood. >> that's the beauty of it. how do we design the experience? ebbs and flows in each room and have it come to life. >> 25-year-old behind the museum of ice cream which popped up in new york and los angeles before coming to san francisco. cherry on top room where you think you've died and gone to everyone had. and gummy garden where botanists are working hard to keep it sweet. has to be favorite room, rainbow room, homage to san francisco, diversity and acceptance. unicorn, where do they live? unicorn stable of course. i wish i were in a pool of sprinkles. oh, yeah. this is therapy. actually not a bad j

samsung plans to use the car to develop technology that can drive in bad weather, but samsung says ithas no plans to make actual cars. the company hasn't said exactly where it will be testing the cars in california, but we can tell you there is a samsung office in san jose. >>> nbc bay area responds to dozens of viewers every day. >> saving a lot of money, in fact, more than a million bucks. consumer investigator chris gamora is here with some of the savings our team helped recoup just this week. >> we get quite a few complaints about newspaper service. either they can't get their papers or they have a hard time cancelling their subscription. this week we helped one woman get $100 back. she had trouble getting her subscription. she later canceled and the newspaper owed her money. >>> we get lots of complaints about cell phone companies. we helped a man get back $650. he signed up for a promotion and it never panned out until we stepped in. we hear that over and over and over. when you sign up for a new wireless plan, and the salesman is making promises, get them in writing or don't si

. >> i think that the lg v30 is the only phone that rivals the samsung phones in terms of design. we have not seen the iphone yet, but until now, it is the only big competitor. >> sony has also come out with the new xperia smartphone. it features a special camera that takes 3-d pictures of objects and people. the images can be used as a template for 3-d pictures. last but not least, samsung is unveiling something new in the wearables department, fitness bands, smart watches, and cordless headphones. the watch runs on u.s. and android. -- on ios and android. >> i'm sure some soccer players would not mind those smartphones. brent: germany's transfer window has closed but it is still open in other european countries. i knew player has joined paris and what could be a mega deal. many clubs were involved in a smattering of deals with divac joining vaux berg. and after signing a buy in last year, this player has moved on loan to another team. kevin campo has also moved permanently. 20 years ago today, diana, princess of wales, was killed in a car crash in paris. in britain people have b

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>> well, some of the features, melissa, you compared it with the samsung. lot of those features already exist on the samsung like the bigger end to end screen, like being a waterproof phone or the fact there's no home button. so a lot of these features aren't as revolutionary as tim cook might have claimed. still, the apple watch, these are real miracles. why doesn't the stock reflect that? it peaked throughout the day just before the news was released, and the more the news was released, the further the stock fell. it fell just down for the day, but often times with these announcements you see a big pop from apple despite a great announcement today in terms of the innovation, you didn't see the move -- melissa: so what do you interpret that to mean? you think it's not that great? there were a lot of announcements in there, i mean, a lot of products, jonathan. >> well, you know, the market always anticipates the news, and it's up 60% in just the last year and a half. this might be an example, just might be an example, melissa, of buy the rumor, sell the fac

>> samsung has been more profitable than apple for -- >> are you talking about samsung phones catching on fire? that's a little different from the iphone >> samsung is the best tech company in the world right now are you kidding me semi conductors, hardware, displays >> guy, there's a lot of arguments going on on here at the desk >> our viewers at home are watching i'm intrigued by the whole thing. my apple credibility is waning at best. i've been right, i've been wrong. this is how i thought it would happen last year, 2016, towards the end of it year, i said there's a very good chance we go up to the previous highs of 134 and fail well, it got to 134 and continued up now, if you're in the camp that pullback is imminent, apple is at the 134 level, the highest two years ago. i'm not suggesting it gets there. if i hadn't been in the stock all these years, that's what i would be waiting for quickly, we've been talking about micron for months, it's been a monster yesterday it traded up to those highs that we saw about a year and a half ago i think it may have failed, because it traded two

oliver: up next, samsung's heir loses a corruption case. we take a look.rtroom drama that transfixed the nation. carol: and a renaissance for a classic writing tool. oliver: this is "bloomberg businessweek." ♪ ♪ carol: welcome back to "bloomberg businessweek." i'm carol massar. oliver: and i'm oliver rennick. you can also catch us on the radio on sirius fm and in new york and 1330 and 1069 in boston, 91 in washington, d.c., and 8960 in the bay area. carol: and in asia on the bloomberg radio plus app. in the technology section, the heir to samsung was sentenced to prison one week ago on a string of corruption charges. oliver: we talked about the impact. the: the son, sort of billionaire scion of the family, heireen seen as the apparent. for the first two years or so since 2014, jy has been seen as the clear leadership figure. more concilitory to some extent than his father, sell it off jets and spinning off arms divisions. that sort of thing. carol: investors liked what he was doing? jeff: for the most part, yes. people were comfortable. he was concerned ab

oliver: samsung's heir loses a corruption case.panese fountain pen company anticipates a renaissance for the classic writing tool. oliver: this is "bloomberg businessweek." ♪ ♪ carol: welcome back to "bloomberg businessweek." oliver: you can catch us on the radio at sirius xm radio, 99.1 fm in washington, d.c. carol: and in asia on the bloomberg radio plus app. and the technology section, the heir to samsung listens to five years in prison on a string of corruption charges. oliver: we talked about the case and its impact. jeff: the billionaire son has been seen as the heir apparent for the years his father has been behind the scenes after a heart attack. for the first two years since 2014, he has been seen as the clear leadership figure and more conciliatory to some extent and careful leader than his bombastic father. he is selling off a bunch of extra private jets and spinning off arms divisions to other companies. people were pretty comfortable with him behind and in front of the camera. carol: were ultimately the charges that br

. >> well, i love how samsung benefits no matter what.it's been a slow year for ipos, but tomorrow we are going to see an ipo floated here see if it's getting more than the usual mamt of attention. social capital is set to price any moment now they're planning a healthy increase or raise i should say of $500 million. and that's 50 million shares at ten bucks apiece bob joins us now with more on this. >> hi, it's unusual because it's an ipo with no assets, no assets right now, it's a special purpose acquisition company, big words called a spak. it's being set up to that aren't public they are based on a season manager and investment space, say energy or tech for example and it settles them into a portfolio for investors. you're buying a management team with experience which is attractive to many investors there's an element of risk here. the manager is essentially saying, trust me, i can buy companies that are priced that will eventually make money for you. now, they are hot this the year, more than 20 have gone public so far in 2017, that

samsung has come out of the box and gained close to 1%.ast half-hour that samsung will tie up with we chat for the -- ahead of the note 8 release. markets are range bound due to what you are seeing in the u.s. dollar, starting to pare back some of those losses that it had seen so far in the month of september and up for a third consecutive session or it was in the u.s. session on wednesday. that is a we -- as we start to see some optimism there could be some tax reform coming through. it has caught the dollar bears off and we saw the euro fall to ande-way -- one-week low the dollar up for a third concession -- consecutive session in a row. we are waiting a number of key pieces of data coming out of the asian session. you are expecting aussie jobs report today always a very volatile series but watch that aussie dollar. forecast for 20,000 jobs created overall in on up limit to remain at 5.6%. it is always a very interesting series to watch. the august data dump out of china as well. expecting 10.5% yield. later in the afternoon after the be

samsung display controls most of the supply of that. to change over the next 18 months. the extent to which it does and the pace that happens will speak to apple's ability to roll out products with this new technology. emily: i want to ask about issues with the other products, the watch, the cellular connection, the tv set-top box. how serious are these? >> the watch seems to be a software fix. if you have gone to a store where you previously connected to the wi-fi, that is the problem with the watch. it seems easy to fix. with the tv, that seems to be more of a cost issue. other devices are cheaper. that is the classic apple issue. it has not stopped people from buying apple products in the past. emily: alex webb, thank you so much. david kirkpatrick, you are sticking with me. all right, coming up, john mcafee, founder of the mcafee antivirus company, sat down exclusively with bloomberg in hong kong. what he has to say about china's recent crackdown on cryptocurrencies. that is next. this weekend, we bring you our best interviews from

the waning force of most smartphonemaker against the combined might of apple and samsung makes googlenerable. android powers samsung phones, but the korean company is keen on making homegrown software and so google alphabet would like its own compelling home grown hardware it goes through and compares some of the recent failed attempts for softwaremakers to buy hardwaremakers, microsoft buying nokia which did not work well in the end it concludes this is a good deal for google it's an interesting analysis on the deal a bigger deal than the headline 1.1 billion figure suggests. it deserves more focus >> hardware and software seem like they fit together easily, but it doesn't always work we'll see if going forward things look different. >>> my pick is in the "new york times," written by phillip klein. graham cassidy has one great idea he says graham-cassidy has a great desire, that household income is much higher in np than in arkansas, heart disease and obesity are much bigger problems in mississippi than in colorado. he add there's are 50 opportunities to experiment. an interesting id

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. >> that's right because samsung makes the oled displays for apple.hey have apart competition relationship, that's much more important to me verses the cpo or the gpo >> molly i am not asking you to pick stocks here, but which company stands out to you? >> it is apple verses samsung, it is a fair head to head of the premium price range, i think at this point, you have to be looking at its chinese competitketel marts competitors. >> i know that apple continues to pursue the premium strategy, i think there is a host of new competitors that may have a better lock on those emerging markets because their prices are lower and brands are making a big impact >> as we are watching the stock, back off to our highs. i want to go back to brian in cupertino, brian >> reporter: i want to jump into the conversation, i cannot hear the show because i am listening to the feed here the analysts that we spoke with and i e-mailed him, the majority of the apple analysts out there of this event and what's going to move this stock forget about the technical stuff and the pho

samsung phones, you've been on oled for a long time, the skin tones are a little off i do know this >that's why i'm leading ed lee on the new products, which is the brilliance -- >> they have -- people don't give apple enough credit because they say they're not innovators. other people have used the screen before. these guys, from what it looks like, it looks like they got it right. >> i kind of understand what you're saying about the blacks on the screen -- >> you want the deepest black possible >> tv -- some of the advances in screens, it has to do with the colors -- >> i'll get you a watch, joseph. >> talking on the phone, getting texts, that would be cool. >> i waited. now i'm doing it >> i don't need to know my -- >> i won't carry the phone with me >> do you know about the heart rate you know what's going on with apple. >> no, i don't >> now i can go to the gym and see the e-mails without having to have the phone near me. that's a benefit i can go -- i might do stuff without the phone. my whole life could open up. >> all right >> really. trust me it's a crazy thing if you have to

(vo) get it done, on the samsung galaxy note 8, right now for 50% off. every year to the latest galaxy. for people with hearing loss, switch to sprint. visit sprintrelay.com. ♪ male soul singer: oh, baby, baby. tonight's the night we're not gonna get it on. and when i say never, i mean forever. at my insistence, i will keep you at a distance. because... ♪ my darling, you ♪ have had enough of my love, babe ♪ ♪ mm, baby, don't get upset ♪ but your needs will not be met ♪ ♪ mm, it's like the more you want, the less i give ♪ ♪ baby, that's no lie. oh, yeah. captioning sponsored by 20th century fox television fox broadcasting company and ford. we go further, so you can. . >>> breaking news, no school for mekfaktin students. montgomery county district to not reach a deal >>> hurricane jose off the coast of the jersey shore, news starts in 30 seconds. . >>> we're talking rain, flooding and maybe even rough surf at the beach, thanks for joins us >> jose is picking up strength and churning off the west coast. >> kathy orr is tracking the timing of store the > so

samsung came out with a great phone and google is coming out with a great phone and they can't rest on their laurels. >> i think apple needs to make better inroads on the lower price models. as excited as we are for this $1,000, $1200 iphone, that is not going to sell to the millions of people buying phones. >> the product launch is scheduled to be held here at apple park ware, starting at 1 -- parkway, starting at 11:00 in the morning. we will have a crew inside the steve jobs theater for the announcement and bring you a first look at the product. >> ktvu fox 2 news. >> we are also keeping an eye on apple's stock. shares rose almost 2% yesterday, as part of the broader market rally. for the year, apple is about 40%. shares selling right now, for $161.50 a piece. on the dow, only shares of bogue have performed better -- boeing have performed better than apple this year. >> all right. >>> 44:10. keeping robin williams' legacy alive in san francisco. the efforts to rename a meadow in golden gate park after the famous actor. >> i think of her as an example. somebody who didn't waist life.