then it took on apple with its first smartphone. and just like apple, xiaomi has introduced new products every year with great fanfare. how did xiaomi writes so far so fast? first, the price. at $270, it costs less than half of the cheapest iphone in china. then there is the business strategy. it sells directly to consumers online with limited quantities available. a recent one-day sale in china brought in $241 million in orders. when its flagship product launch last year, xiaomi sold 100,000 phones in under 90 seconds. xiaomi plans to expand outside of china to 10 new markets and triple shipments from 19 million to 60 million phones by the end of year. and they've just dropped the "little" from its domain name, proving this $10 million startup disturbing to think a lot bigger. for more on xiaomi's rise, i want you to meet the program director at idc. his team put together this report on the top five global smartphone makers. and cory johnson is with us in studio as well. ryan, how did xiaomi do this specifically? is it because of t

is this smartphone saturation? i agree that the iphone 6 is not the biggest problem samsung is facing right now. ultimately, what we're seeing are the margins getting hit and the emerging markets and the lower and. samsung spent a lot of its energy trying to do its height and product, but they let the mid and lower markets fall behind and go. this is where they are getting hit by companies coming in the products that are just as good but essentially lower-priced. this is the challenge we are seeing from them. >> there is a suggestion they're losing share in china and india but what about their other markets? chips in connected cars and smartphones? could that be the future? a chips are a huge deal and place where price could make a huge difference. as bad as the sales decline is, the profit decline is much more alarming and it suggests in order to move product they are toting costs in order compete with other carriers. if you imagine china, they are offering very full-featured phones for much lower prices. competin

thanks a lot, wendy. >>> well, the smartphone security feature is no laughing matter for law enforcementcials. the fbi warps that new encryption designed to protect the user's privacy could get in the way of justice. the new encryption that protects privacy could get in the way of justice. enbrel helps relieve pain and stop joint damage. i've been on the course and on the road. enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if you have symptoms such as persistent fever, bruising, bleeding, or paleness. enbrel helped relieve my joint pain. but the best part of every journey

. >>> up next we are on the money, the smartphone wars get another warrior. the chairman of htc reengaging in the company she founded. she hopes that a new line of products is the solution for a struggling brand. >>> you just have to make people love you. and it takes time. >>> and later, this should hit home. is buy organize renting where you live the right move? before you pack your bags, you'll want to hear this. >>> and as we head to a break, take a look at how the stock market ended the week. >>> do the smartphone wars have room for a product that is not a phone? htc launching a portable camera this week. the re is part of an effort to reinvigorate a struggling brand. as recently as 2011, htc made one out of every six smartphones sold in the united states. but poor sales and strong competition from apple and samsung drove the brand's co-founder cher wang to return to day-to-day operations last fall. wapg wang is one of technology's most successful women but can she rebuild the brand she helped make? >> we are producing one of the best smartphones in the

we'll tell you what we know about google's newest smartphone. and amazon preparing to open a physical store. we'll tell you where next. >> and an airline passengers jokingly tells people he has ebola. not a good idea. that's next. >>> tesla has unveiled it's next generation car, the tesla d. the d stands for dual motor. that means two engines, front and back. can you imagine how powerful that would be? it is also all-wheel drive, has auto pilot and ultrasonic hardware, what he calls the next step toward the complete self-driving car. >> this morning is the first time investors will have a chance to react to tesla's big announcement. for a look at that and the rest of today's business headlines, we turn to kate rogers live at cnbc headquarters. good morning, kate. >> good morning. futures are lower after the market got rocked yesterday over concerns about the global economic weakness, concerns about ebola and the dow suffered its worst point drop in more than a year. as for what may move trading today, look for data this morning on prices on impo

will end up buying a smartphone because there are options. users will look for the cheapest smartphones they can buy because they do not see value. on emerging markets, consumers cannot afford the iphone or the , those markets are difficult for sony as well. they have a much higher asb. sony's average selling price is $390. which is 3 times higher than xiaomi's average selling price. new brands emerging around the world, not just in asia but also they focus on price and are trying to provide the best quality they can give to price.rs at the lowest because they do not have the same r&d investments as companies like sony or samsumg or apple, they can provide affordable handsets. that is what is attracting users. >> where does that leave sony? how do you face this? is there ain't a in the market where they can take advantage and get new customers? should they abandon the strategy? >> not necessarily abandon. thehe first quarter, smartphone market increase 25% year on year. the market is growing. and inrowing in regions segments that sony is not

bob orr on smartphones that can't be unlocked. are they a threat to national security? and from wyatt andrews an issue lincoln and douglas never debated. >> ladies and gentlemen, we have an extremely peculiar situation right now. captioning sponsored by cbsք this is the "cbs evening news" with scott pelley. >> good evening. scott's on assignment. i'm jim axle axelrod. there is sharp new criticism tonight of the dal that has become the focus of the ebola story in this country and it comes from a nurse who works there. brianna aguirre says the hospital was not prepared to deal with the disease. the hospital is where first u.s. diagnosed ebola patient died and where two nurses who treated him caught the disease. one is now being cared for in atlanta. the other was sent to suburban washington. we have team of correspondents covering the ebola story. first anna westerner in dallas. anna? >> reporter: jim, we spoke late this afternoon with that nurse aguirre. she did not work on thomas eric duncan's case, but she did help treat her coworker, nurse nina pham, when she became

kddi executives will start selling lte-based smartphones in early december. they say it will make the calls clearer. >>> the people at other carriers are moving to smartphones that use lte technology. >>> people in japan are cutting down on meals at restaurants and pubs. they forked out less money at major chains for four months in a row. antists at the japan food service association say sales in september fell 2% from a year earlier. they say that was partly because there was one fewer sunday than in the same month than in 2013. even so analysts say the increase in the consumption tax is continuing to take a toll. officials at the food service association say sales at fast food restaurants fell 4.3%. they say mcdonald's japan took a hit after being caught up in a scandal involving a shanghai supplier. food safety regulators say the supplier sold expired chicken meat. and sales at pubs fell 3.7% from a year ago. they predict the decline in sales will continue into october, as typhoons keep people indoors. they say there are no signs that consumption will pick

the electronicmaker cfo says the company is cutting its smartphone sales outlook for fiscal year 2014 and '15 as it plans to shrink its business in china. however, strong playstation sales, the quarterly loss was narrower than expectations. the smartphone space has been a highly competitive business with apple and samsung dominating that quarter. >> absolutely. for sony, that move in the yen today, will that help their bottom line coming forward? >> absolutely. >> now, campaigning is well under way in the u.s. ahead of next week's elections. senate democrats are on the defensive. the gop only needs to take six seats to seal the democrats. nancy holbrook, she asked how confidence larry was that the republicans could gain control of the u.s. senate. take a listen. >> we think there's a two out of three chance that the republicans will manage to win. it's not a slam dunk. they could end up with 52, 53, 54 senate seats. but the reason people are reserving the possibility of, say, a biden majority, that is a 50/50 tie in the senate with vice president biden breaking the tie in favor of the

i think the big reason goes back to the power of the smartphone. the smartphone upgrade cycle is like 10 years. for tv, it is seven years, five years. tv effectively is going to become a dumper referable -- peripheral for the smartphone. the tv could be the dumb recipient of the content. i think that is a margin business that other people can pursue. >> what is the future of elon musk? >> i think it is obvious. is going to fly to mars. so he has some work to do between here and there. --re is really three guys there is three sort of founders who i think are really revolutionizing -- we are a lucky industry. all of these people are incredibly well-known. ,e have these three people including elon and larry page -- you read the stuff they write, and their ambitions and aspirations are a step up from the rest of us. at audacity -- just look elon's career. the audacity of starting an electric car company -- the one thing you do in 2005, the one company you know you should never start in the united states is a car company. the other company you would nev

nomad builds minimalist products to keep our smartphones charged.e've sewed over 250,000 units, over 3.5 million in sales, all direct to consumer. i'm here today to help raid a million with oncircle to take it to retail panel, he is all yours. lynn, why document start? >> two things i need to get comfortable, first, i love that you're aer do, dreamer andmaker, we need to be the maker of things, but first of all, your year-to-date, at 70% gross margins and 30% marketing cost. for every dollar you sell it takes 30 cents to get that person to buy. you're going to go into retail but as of june, showing 81.5% margins and 20% marketing costs. i'm struggling with how that evens out. >> as we have launched new marketing -- new distribution channels, our marketing cost has dropped. also, as we launched new products, we have larger lifetime value from our customers. >> except that you are not in a new channel in june when you're -- you're -- you're -- your marketing costs went down and gross margins, making it the same place or going up. >> our products were

this means the dashboard information and voice activated smartphone could worsen the problem. >> a new report called sexual harassment a problem in restaurant committee. 90 percent of women in restroom jobs have been harassed by customers, co-workers and management. tip workers put up with unwanted behavior because they depend on customers and a dozen workers rights organization compiled the report. the national restaurant association is dismissing it. if you would like to see the report we have posted it on-line on our website. >>> company that sells advertising in the bay area will remove devices that traffic smartphone use in new york city. they turned the phone booths into free wi-fi and many of the booths have beacons installed that use technology to track smartphone users but the public was never told. that crated add backlash. the company said this does not collect user data and only tested for public safety and commercial use. >> a baby shark washed ashore in southern california and beachgoers tried to toss it back and the pacific as ocean dune state beach and a woman used the

your commuter forecast, 68 degrees right now on your smartphone if you've got that smartphone app.r periods of rain to start to build in, could be heavy at times midafternoon when the kids are coming home from school, 79 degrees is your high there. by 6 o'clock 76 with still spotty precipitation possible. tam, when the rainfalls today it could come down heavy and produce poor drainage area flooding, okay. >> okay, thanks to you david we'll be ready. >>> a new study finds it may take a few tries to get an appointment way psychiatrist regardless of your insurance status. researchers used blue cross/blue shield's web site to find in network psychiatric providers in boston, houston and chicago. the researchers were only able to contact 33 percent of the 360 providers that they called followed by another 26 percent on a second attempt to contact those who didn't initial answer. on average the appointments came with a one month wait. >> the flyers are still looking for their first win of the season. they dropped their seconds straight game in a shootout. the anaheim ducks scored twice in

we have seen the chinese come into the smartphone market.urely you will face lower-cost product competition? >> we have had lower-priced competitors come in and try to knock us off. they have not gotten anywhere. we have had established brands try to enter our space, and they have not made many inroads. part of the secret to go pro'success is not so much about the product we make, more so about the content we enable. what i mean by that, we have millions around the world capturing themselves engaged in fantastic experiences, and then they are sharing that content to the rest of the world. >> the founder and ceo of gopro, on his invention which has made all of our home videos just a little more watchable these days. that brings the show to a close, but you can find much more on our website. and reach me and most of the bbc team just -- on twitter. for all of us here, thank you for watching, and please tune in tomorrow. ♪ >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to

it is expected that the number of smartphones sold in india this year will be double last year.umers who will ultimate benefit with cheaper phones and more features. >>> that's pretty much it from the news hour team. time to remind you of one of our top stories this hour. two hostages held in the philippines, we understand have been released. we'll get more on that in a couple of minutes. thanks for watching. ♪ >> on the stream, >> as another u.s. nurse falls ill to ebola, the nations largest nurse's union demands better ebola safety protocols. hear from those at the center of treatments. >> the stream, on al jazeera america real reporting that brings you the world. giving you a real global perspective like no other can. real reporting from around the world. this is what we do. al jazeera america. >> i wanted to be in on the big >> many of these involved >>> ebola is spreading as congress demands action from the c.d.c. deep and dangerous divisions among iraqi groups helping awes fight i.s.i.l., and an unsite look at battle ground races that could determine who controls the senat

part of the reason -- the rise of larger screen smartphones, but another big 1 -- people just do not replace tablets as quickly as they replace their phones. is the tablet in trouble? bob, i will start with you. is the tablet in trouble, and could tomorrow change things? >> i don't think tomorrow is going to change anything, to be honest, and i think the tablet is challenged. i put out a forecast that says i don't think tablets ever even surpass pc's, which is a radically different view than most take. with there finding tablet is tablets are more of a nice to have device, not necessarily a have to have device. >> a niche market? >> i will not call it a niche market, but a lot of people who want a tablet already have one. they are relatively comfortable with what they have, and they are not really upgrading them on a frequent basis, and that is a big challenge for the market. also seenket has explosive growth. i love the charts that show the adoption of radio was so much slower than tv, which was so much slower than mobile phones, which was so much slower than smartphones, which was

apple was the first people to come up with a smartphone or tablet.e love our gadgets but is the convenience that comes along with it also causing some anxiety when it comes to battery life. >> always reaching for the charger. jim donovan finds in the near future you could be able to power up without ever reaching for a cord. >> reporter: publicist erin morris see uses a special case to extends her smartphone's battery life and plugs in when she needs to power up. >> not have that stress of when will i get to this next outlet before my phone loses charge. >> reporter: right now wireless charging options require direct contact with a charging pad. but technology rolling out soon will allow the exchange of electricity over thin air. >> some companies have come up withing that that does light a beam power wirelessly from one place to the other within a matter of inches at this point. >> reporter: that could mean power supplies with the ability to charge midatlantic fell -- multiple devices and the end of cord clutter. >> i could see it in the next four o

you heard today about accessing these services through a smartphone or tablet. that is not accessible at all. not everybody has or uses a computer or smartphone. just a regular old rotary dial phone. you can't use these services. that seems to rule out some people especially those who have a mobility and low income. there is problems with what hasn't been said. what hasn't been asked by c puc, by our city attorney, by our supervisors when they have these hearing by not all encompassing the information that you have been given. >> thank you. kevin lee? >> good afternoon. my concern is this: i ride taxis and now it's harder and harder to get a cab because all my regular drivers they all left the company to drive for these independent companies. last night i went to the c puc meeting and i heard a lot of things that are really unexplain able. there was a report and i believe the report is totally bogus. so i ur

it was warned the smartphone outlook remains uncertain. it expects operating profit to fall almost 60% below analyst forecasts. shares jumping initially in the guidance with a number of investors betting the company has been through the worst. the stocks, though, keep in mind, down about 15% year to day. >>> samsung electronics earnings guidance for the third quarter is expecting operating profits to come in down almost 60% year on year at 4.1 trillion yuan lower than the 4.9 trillion yuan that local analyst consensus showed and much lower than the 5.6 trillion yuan reuters have forecast. revenues are looking at the 46.9 trillion yuan down 20% year on year for the third quarter. this is seen as another earnings shock for samsung from local analysts coming again from weakness from its mobile business. this quarter, both high end and mid range models saw weaker sales. because of this, marketing costs have to go up. these two factors seem to have been the main factors for the weakness in the numbers. and smartphone sales, which used to be mor

advanced technologies which makes scratch resistant sapphire glass which can be used in the making of smartphone class. but talks broke down and now gt has filed for bankruptcy. the company ceo saying it's not going out of business and that its underlying fundamentals are strong. apple has said last year it would invest $700 million in a sapphire factory run by gt. >>> let me tell you more about the container store. just had an ipo -- talk about this first. >> okay. it was i think three or four weeks ago before the latest apple -- i'm trying to think of where i was. some guy i didn't know started talking to me and said the gt, wait until you see this. he talked about how heavily shorted it was. and they make the sapphire glass. that was the stock. and it was heavily shorted and it was 12 or 13 when he was

but they do expect demand to pick up for smartphones, ultrahigh definition 4k tvs and also fall clothing. they say the job market remains strong in the hotel and restaurant sectors. officials expect the recovery trends to continue but they warn there's uncertainty due to the economic situation in europe, and other overseas countries. >>> officials at leading japanese chemical company asahi kasai are looking to strengthen their medical business. they've announced the acquisition of an american firm that makes equipment used in respiratory care. asahi kasai will purchase all the assets of impact instrumentation. the company is based in new jersey. the purchase price not made public yet. impact makes emergency ventilators and other equipment used in ambulances as well as helicopters. now other big japanese manufacturers have been making moves to strengthen their medical businesses, as well. they include mitsubishi chemical holdings and sumitomo chemical. >>> well, people across the world share homemade videos on youtube. that's the planet's largest video sharing website. more than 1 million

i believe the big reason they do not build a tv is back to the power of the smartphone.iveo sevenv's aret years -- the cycles for tv's are five to seven years. it going to happen? >> it is not going to happen. not because of the low-margin and it is really crowded with other people doing a nice job, but it is because people are changing the way they watch tv. a techin the middle of transfer. hpl an ounce they will have a streaming service with no tv required. people will not be watching tv on the wall very much anymore. they will be watching it on tablets, laptops, and a lot on phones. >> what about apple making -- buying a tv network. told that that is one way apple could potentially innovate in television. what do you think of that idea? >> i am sure that has been run up and down the cycle many times. i think jobs. before he died that they had solved the technical problem of making tv easy to work with, but then they ran into a brick wall dylan with content owners and licensing of content. the natural step is to say, fine, we will do our own content and we will buy a s

you have a smartphone, i have a smartphone. >> mine is not that smart. talk.i want to give you the movie, it will take one to three seconds. before, it would take 15 seconds. uncompressed high definition video, you'll be able to stream not in real-time. in real-time. >> the timing is pretty good, isn't it? if i want to giveoperating prog hit. this edge in smartphones, wireless technology becoming faster, it is good news. orderly operating profits plunged 60% from last year. there smartphone business tracking down profits. they have not been able to compete well with chinese rivals. analysts are saying samsung will have to rely more on the semiconductors business. that will take a bigger part of profits. samsung has announced it will build a chip plan for about $15 billion. >> thank you. break. to take a yum! brands opening more than 6000 k of c and pizza hut restaurants -- kfc and pizza hut restaurants in china. does it have the right recipe for myanmar? ♪ >> a show of force, hong kong police moved in to clear the barricades. beijing andealthy, the imf agree a

the tv will become a jumper for a field to the smartphone. real to theff smartphone.a low margin business. >> what is the future of elon musk? >> obviously he will build the iron man suit. [applause] [laughter] in the suit, he will fly to mars. he has some work to do between here and there. guys, threeree founders who are really revolutionizing. industry through we have all these people who are incredibly well-known known and built these amazing companies. he is one of those. musk -- youelon talk to them and their ambitions and aspirations are another step up from the rest of us. audacity -- look at anyone's -- to start a car company. you know youny should never start in the united states is a car company. the other company you should never start is a rocket ship company. he is just getting started. he is in his mid-40's. he has another 30 years here on earth. [laughter] discoverer teel and the cure for immortality. you said on twitter, your startup is not the next what sapp. what is something new? >> we are trying our best to find it. is -- peter teel talks about thi

, those surfing the web or using g.p.s., had their data stream throttled 60 to 90% leaving some smartphones practically inroperal. edith ramirez says the issue is simple-- unlimited means unlimited. mike weinberg of the consumer group public knowledge calls throttling commonplace, even for consumers with unlimited plans. >> what you thought was a great 4 g connection that will be able to access all sorts of things, all of a sudden becomes incredibly slow and not as useful. >> reporter: typically without you knowing it. >> often without you knowing it, yes. >> reporter:ate's called the charge baseless saying all wireless companies use some throttling to manage network resources and claiming that its customers were warned in 2011 they may experience reduced speeds if they reach the top 5% of heavest data users. but according to the lawsuit, at&t's internal research team knew customers hated slower speeds so they urged the company not to say too much when marketing unlimited service. scott, the f.t.c. now wants the company to give millions of throttled customers their money back. >> pelley: wi

blackberry users moving to smartphones, and moving more to android. >> you can see that through datation, the volume of data that these users yank off the internet. >> absolutely. if you look at overall numbers, the android devices way outnumber the ios numbers. but in our business in the advertising space, we find that almost 60% of the impressions might come from an android device, but over 50% of the monetization happens on ios devices. >> is that because they are rich, spend more? are there demographics about those ios people? >> there are some brands that value ios users more than android users rated goes to what type of brand image that they are trying to build. >> rolls-royce? beers? >> the high-end automotive guys. there tends to be this inference that ios users are a little more at the than android users -- little more affluent than android users. we do not have a great view and as to that, but from an advertising standpoint it seems to be paying off. >> it is not certain that they have more money, but they target at ios, and do not spend as much money on the android use cas

not just about winning and smartphones.nalysts want to see them hold onto market share in india and see them unveiling these new products. what about chips? samsung's huge business, about 1/4 is for some chips to rivals. they want to see an expansion. they do not just want to be in phones. they want to make chips for the future. interactive, everyday lives and we can manage everything in within a connected cars and even pot and pans and they want to the internet of things, connected devices. that is why they are spending $15 billion on a new plant. that is the future. diversification and chips as the next new product. many believe that profit will return higher next year. back to you. >> a great to work. from smart phones to telephone --s telecom companies telecom companies. down by 48%. the most since december 1999. details on that the deal coming up. stay with us. ♪ >> welcome back. i am jonathan ferro. another potential telecom tieups. the owner is said to be trying to snap up portugal telecom. joining us now to explain

thankful no one was hurt. >> iphones are grabbing a global hold on the smartphone market.eena ninan has tech bites. apple in the midst of its fastest iphone rollout ever. the company says its iphone 6 and iphone 6 plus will be available in more than 115 countries by year's end. cymenes china and india will finally get their chance to have one starting friday. google wants to make it easier for users to connect with a medical professional. those searching for health related terms may now get the option to chat with a live doctor vehicle ya' google help out. the service will be free to users during the trial period. netflix launching a premiere ultra hd plan. for 12 do's users will be able to stream 4k video on up to four devices. she just joined facebook but she had to lie about her age because the year of her birth 1900 wasn't an option so she knocked off 15 years and is now one of the oldest users on the social network. those are your tech bites. i'm reena ninan. >> i deserve the trite do that at some point in my life, knock off 15 years. >> many people do it all the time

the tv will become a jumper for peripheral to the smartphone. think that is a low margin business. >> what is the future of elon musk? >> obviously he will build the iron man suit. [applause] [laughter] i think it is obvious. he obviously, in the suit, is going to fly to mars. he has some work to do between here and there. there are three guys, three founders who are really revolutionizing. we are a lucky industry through we have all these people who are incredibly well-known known and built these amazing companies. he is one of those. we have the three people, peter teel, elon and larry page. you talk to them and their ambitions and aspirations are another step up from the rest of us. the audacity -- look at anyone's areer, the audacity of starting an electric car company. the one company you know you should never start in the united states is a car company. the other company you should never start is a rocket ship company. he is just getting started. he is in his mid-40's. he has another 30 years here on earth. [laughter] >> if peter teel and

the growth in the sale of its smartphones were mostly in the mid to low range smartphones. and also, another reason was that the galaxy 04 was released at the end of september, so we didn't get to see that model in the earnings. >> a rough increase of 62% in the third quarter, which is less than what analysts forecast. >> it has been spending more to attract new users. >>> al by baba will report earnings for the first time since going public. six banks underwrote the company's listings initiated coverage of the stock with a sale. not really. it's a buy or an outperform. goldman sachs gave us a new rating and a price target well below those of other houses. alibaba shares rose this week giving it a higher market valuation than rumored. >> mark, why don't we start off with you this time around. apple, we've had some bad samsung figures, enormous decline in their hand set division. apple holding the line. what do you think? >> i think samsung has more problems than apple. samsung's real problem is the fact that they're using a commoditized operating system. the other way you c

plungedarter earnings at samsung, the world's largest smartphone maker. samsung losing ground to apple. and some some electronics posting the biggest drop in quarterly profit in almost five years. is as samsung struggled to maintain its leadership in the smartphone business. its other divisions are now putting these -- in the spotlight. the company announced yesterday it plans to build a $15 billion chip plant in south korea. for more on samsung's involving our guest joins me now. in mu of the smartphone sales, the chip business is doing well. >> it is. one of the things happening with chip sales and specifically memory is that you have a consolidated market. you have fewer suppliers. there is not much supply coming on line, and as a result prices are controlled. and demand is ok. lots of memory going into smartphones and tablets, and even the pc business. >> the good old pc business. exactly. they are not dead yet. fewer players control pricing, and so they are doing fine. as one business struggles with samsung, they are trying to pivot to the chip busin

they're looking through their smartphone. now i'm going to of them sitting in meetings looking at their watch when stories and headlines come across on their watch. man, i'm telling you, who knows where it's going to be in another three or five years. print still speaks to a certain demographic, still speaks to folks who love that ink on paper experience. sometimes it's exclusive, but what i'm finding more and more, it's part of their consumption of news. my morning newspaper is different than what i put on the website the day before and certainly going to be different than what's on the website when they get to work and throughout their day. it's a different type of analysis, more explanatory, more of an in depth here is what happened yesterday that we told you about on our website on our desktop and our smartphone and tablet. here is what it might mean. just a different type of pursuit of content. so do i see print sticking around for a long, long time? yes, i do. do i see print readership starting to continue to decline? y

instead you will be using your smartphone.pple pay is available at mcdonald's and whole foods to to name a few. sher hoping that it's a game-changer. there is a lot of the excitement and buzz surrounding what apple hopes is its next big thin. eddie qu is the brains behind apple pay. it's a feature on the new iphone 6 and iphone 6 plus. you can use it to make purchases at over 200,000 stores including home foods. >> bring it to the terminal where the credit card reader is. that is it. >>reporter:it's at your fingertips. >> i paid for it. it was that simple. >>reporter:he own as sub shop at the clec campus. he says thacollege campus. it benefits his business. >> it's easier and cheaper for people to use. >>reporter:it's more advanced with an encryption system. it creates a one-time credit card number. ammoni has no worries about identity theft. >> security is not a problem. i can put a code or a lock on it. nobody else has it. >>reporter:i went inside of the whole foods and pay at the option for apple pay was available at the ki

designs and 95% of the smartphones out there in the world and we saw a slowing of smartphone sales inhe developed world in the first half of the year. that directly affected the sales of their designs or royalties they get from the chipmakers to put their chips into the phones themselves. the biggest news from the company was that he expects revenue to pick up. one of the reasons for that, we see 4g coming online. the biggest telecom operator in china has 750 million subscribers. they just got 4g. a lot of people that have phones are expected to upgrade their phones so they work faster and do better with 4g. morningk is up this after yesterday falling almost 3% on concerns about what these earnings might hold. >> let's get some perspective from an investor. lucy, let's talk about apple. beat after beat after beat after beat. so much optimism around this company. why isn't it being priced in? >> it is still in the recovery phase. the question at that stage was, can they keep producing and still -- does it have the sales mojo to do that question mark will be able to maintain its margins

of the smartphone dividend. the sensors and chips that have come down in price because they are being manufactured for smartphones. the scale of that has driven the price down and those components are available to other device manufacturers, even startups. you have a startup they can create something like this that would have cost millions of dollars to produce. >> take a company like apple that decided we are going to make an accelerometer chip and .rop that into a phone >> exactly. we have nest coming in. all these smart devices in your home, the nest thermometer and carbon monoxide and all these different devices controlling different parts of your home. do they all talk to each other? is there a hub that controls it all? apple would like to be that have. there is a battle over who will control that home. all these devices are throwing off old data. world.enting the real on the back end, because of these enterprises and companies that are try to make sense of data dish how do you make sense of all of this dat

smartphones are the norm. google is talking about a driverless car and allen martin shows us why scientists have a better grasp of when an earthquake is actually coming. >> reporter: back in 1989 a gallon of gas was less than a dollar. the first simpsons episode aired on tv and the first gps satellites were launched into orbit. 25 years later gps is the key to new technology allowing seismologists to warn us when a big quake is about to hit. by now almost all of us use gps. >> so the gps works a lot like the gps in your cell phone or in your automobile. >> reporter: but instead of measuring our movement, the usgs uses gps to measure the ground's movement asphalts slide past each other -- as faults slide past each other. >> we are trying to find the rate they are slipping. >> reporter: in the 25 years since loma prieta, realtime data on fault movement has become a reality whereas three decades ago -- >> an earthquake would occur and we would have technician who had to go out in the field grab the film put new f

enagage with us. [ female announcer ] we love our smartphones.ow telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints by 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter. dierdre: we are just hearing now. volume on big board is heaviest >> back and forth action. trader said we did 15,000 points, up down, up down. you're right, our lowest point we were down 460 points. the people who were long, they're pretty happy we made some of that up. david: look what is happening, in the comeback. we'll still end down. no way to get around that. russell 2000, small and mid-sized caps, that show us what will happen of future of bigger stocks. look at that. up over a percent. >> they're beaten down still. making a come back today. dow not able to do so. still another 30 seconds. we cross ad bill share mark here. 5.5 billion on the composite.

that is the smartphone maker to watch. they need to execute with motorola and make sure that things come together well. but lenovo has acquired a number of different companies in the past. >> obviously, xiaomi, there may market is china. how successful have they been elsewhere? i know they are looking at india and beyond. >> they hope to grow 5% of their business outside of china now. it is very small but they have their eyes focused on very big markets. he has talked about india, brazil, mexico. they are tried to understand the local dynamics rather than just force what they know into these markets. ryan, thank you so much for joining us. coming up, tim cook announces he is gay and says he is willing to trade his privacy to help others. nexus of op-ed in "bloomberg businessweek." >> i am emily chang and this is "bloomberg west." he invented the world's first popular web browser and has become one of the most inspected and influential investors in technology. he is mark andreessen. here is a sneak peek of my sit down with

. >>> if you can't be on your tv, watch with your smartphone or watch with your smartphone or after filling out their hogan iquestionaire, aight. hogan was awarded an a- from the nra. but now he refuses to release his responses. the nra opposes comprehensive background checks. they want to weaken maryland's gun safety laws. even support letting suspects on the fbi terror watch list buy guns. on gun safety and terror, the nra is wrong. hogan gets an a- from the nra. on protecting maryland, we just can't trust him. >>> crews will be back out at the launch pad at wallops island in the hours ahead to get a closer look at the debris field left behind after a rocket exploded during liftoff. >> transportation officials will come one step closer to deciding whether you can use your cell phone on a plane. >>> marking the 40th anniversary of the home rule act which gave the city the ability to elect its own leaders for the first time. good morning to you. i'm eun yang. we begin with a live look outside. 5:30. clouds across the area. and pretty warm conditions thanks to the clouds. >> cloudy and mild

millions of indians living in small towns and villages like these now shopping online with smartphones owners like bunsil has transformed the way they think. >> now we get customers from kashmir. >> reporter: in other words, from north to south india. there are currently 243 million internet users in india. that too is expected to more than double by 2020. what does it say about the potential of e-commerce in india? well, the math is quite simple. have nima udas, cnn, new delhi. >> a bright star among the economies. its growth rate playing catch-up to china. >>> modern art knows how to stir opinion. when you combine it with cutting edge buildings people will talk. now, in a marriage between fashion and architecture, lvmh, the luxury company behind louis vuitton brought in an architect to create this stunning museum in paris. cnn's jim bittermann has been looking at the results ahead of the big opening. >> my client. >> reporter: so what happens when one of the world's most prominent architects gets together with one of the world's richest men, you could end up with something like this.