sony is no longer the coolest. this is the coolest. >> you can take ipod and beat us over the head with it, but it's only one product, and we have 1,000 products. >> still, talk about a tough job. he has to turn sony around in a culture that's not always easy for a westerner to understand. >> sorry. >> that's all right. were you lost in translation too? >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we talk with a trio of business moguls, carl icahn, eli broad, and sir howard stringer. we begin with carl icahn. it takes a certain breed of stock market investor to thrive in queasy times, and icahn is one of that breed. he has a knack of turning someone else's loss into profit for himself. but he can also help others improve their bottom line through the so-called icahn lift, an upward bounce that often happens when he starts buying a beleaguered stock. when the financial crisis hit in 2008, many investors were tearing their hair out, but not icahn. the state of the economy changes, but icahn's i

atn chilcote is looking sony's new internet service. mia will highlight comments from emerging markets. focused on head of a trading statement. which hedge fund beats out the rest? jonathan ferro has been digging into the top funds. do not miss that. do not miss john rogers later on "countdown." us at 7:00 in the second hour of "countdown." alan is out of the race to be microsoft's new chief executive. mulally said he will stay through 2014. hans nichols is here in person. --come back onset eared welcome back onset. >> i couldn't drive the f-150 h ere. he finally ends the speculation that he will not be heading microsoft. andave associated press confirm to bloomberg that he has no plans to do anything other than serve ford. they seem to be having a hard time finding people. there have been a few candidates. eve of qualcomm was in the running. john donohue of ebay was also talking about it. these last two declined to even be considered. who is left? you have essentially internal candidates. several internal candidates. if you think micro

sony has been using the clichÉ as well.hey are going to put their business model where their mouth is. they are going to have this web- based tv service coming out later this year. they will provide live television, conventional television, linear tv, whatever you want to call it, and they will have on demand services as well. on the plus, sony already has 70 million web-connected devices sitting in people's homes in united aides. so they have the hardware platform. tothe negative, you have got point out that people are already in the space. last year. up 300% investors believe in the netflix story. they are not the only ones. apple will come out with their own smart tv, many people believe, in the fourth quarter. everybody crowding into this space and there are apps all over the place on these smart tvs. i have one myself. the other issue is content. a good thing about sony is that they produce plenty of content. they are going to have to buy content and that is hard to come by. in many cases, you have to get the rights to

you heard it from the man here, kaz hirai, ceo of sony.uys. >> i would have gone with the smart home. he knows a lot better than i do. thanks, guys. appreciate it very much. >> reporter: he's the ceo of sony. >> exactly. i will defer to him on every aspect of that. thank you. >>> there's a new series called "shark tank" that begins on our network tonight at 8:00 p.m. eastern time only on cnbc. tough self-made multi-millionaire and billionaire tycoons, give budding entrepreneurs the chance to make their dreams come true and potentially secure business deals that could make them millionaires. this is a former winner, todd wilson of mr. todd's pie factory. he got out of his bakery and is getting into his mobile bakery truck to head to cnbc with dreams of becoming an fbi agent or a lawyer. he quickly turned his hand to the kitchen, serving up a host of pies from buttermilk to coconut pie -- buttermilk coconut pie, i should say, oreo cheesecake to good old-fashioned apple pie. hard to beat that. and here they are together. >> you were the first

all sony products must be inspired. >> that was sony's ceo from las vegas. we will have much more from the consumer electronics show later this hour. i want to talk about mark zuckerberg and evan spiegel. if we want to talk about their relation status, you might want to call them frenemies. spiegel tweeted a screenshot of his private e-mails with mark zuckerberg. the e-mails were from last year. in the e-mails, he makes clear that mark zuckerberg initiated contact. he shied away from coming up to silicon valley to meet with mark zuckerberg. i want to bring in david kirkpatrick. you wrote the book on facebook. you know mark zuckerberg very well. we spoke last week about this brashness of evan spiegel. what do you think about this move? >> this excellent story in forbes about the relationship between facebook and snapchat. it makes it sound like spiegel is awfully confident, a little overconfident, considering the scale of the product he has built. more confident than is merited. a number of pieces say he should have accepted that $3 billion offer. nobody can

the sony ceo is pushing internet-based tv content.e have the latest on the consumer electronics show in lost vegas. step forward. >> sony to a certain extent putting their money where their mouth is. they are going to be talking to cbs and fox. this, and they are going to roll it out next year -- they don't even have a name. they have got 70 million web connected devices already in people's living rooms. got the tv set. many of them are connected. 25 million playstation threes. those are connected so they can tap right in there. they have got the hardware. this is a crowded space. everybody is trying to get in on it. you have the likes of apple tv trying to get in on it. ofy do produce a lot content. if you want to innovate you have to be ready for trial and error. >> we zigzag our way to innovation. times we fail. don't recognize or remember any of these products, but don't despair. neither does the rest of the world, so it is ok. making thesebeen tvs for nine years. for nine years they have been losing money on it. they need to look

since we have sony pictures entertainment, the people that went out and bought sony 4k televisions havehat has native 4k native product that something no other company dan do. >> there is a little fountain behind news a lot of people over there. >> it is funny because the fountain is showing how a lot of things are getting drenched in these phones and waterproofing, i know one person, my husband, who jumps into the ocean with his smartphone. that was end of that because the right thing doesn't work. good to have you. >> thank you very much. >> see you next time. kaz hariai, ceo of sony. that didn't work. what do we do? ashley: liz claman, thank you very much. we know that her husband jumped into the ocean with a smartphone in his pocket. not good. coming up on "countdown to the closing bell," curtis jackson, you might know him better as 50-cent, meets up with liz claman to talk music. of course the head phone business is so big. more live coverage of the consumer electronics show at 3:00 p.m. eastern right here on fox business. tracy: that's pretty cool. so today, could be the coldest d

sony does not comment on specific ratings. caterpillar on the other end of the scale, is a bright spot in the stock market after dislosing powerful earnings.. big cat topped estimates on earnings "and" revenue. profits for the 4th quarter were up a strong 44% as the equipment maker cut costs to mitigate a decline in mining machinery sales. caterpillar plans a 10-billion dollar stock buyback.. the manufacturing giant "also" issued an optimistic global economic outlook. that certainly was postive news--but traders remain concerned about emerging markets.. today.. the central bank of turkey will be closely watched. the country's currency-- the lira-- fell to a record low monday, but later rebounded on word the central bank will hold an extradonary policy meeting today to address the recent slide in the currency. concerns are high about turkey's economic growth as well as political risk. a close call in china is also agitating the u.s. stock market.. a chinese lender -- china credit trust company--has been on the brink of default

sony scores big. in the heated battle between sony's playstation four and microsoft's xbox... sony says its sold 4.2 million game consoles by the end of december...far ahead of microsoft's 3 million. larry shover of sfg alternatives joins us now...hi larry! >>good morning. >>what are you doing to position yourself ahead of the friday jobs number? >>i'm just keeping myself very flat knowing that naything could happen. consensus is about 200 thousand but if we get 150 thousand or 250 either one of those could be negative for the market so i'm just making myself as flat as possible. >>let me ask you about the fed. what will you be watching for from the federal reserve today? >>i think what's interesting is tapering is done. everybody knows about that. i think it's more about the talk if there is any talk with regards to changing the inflation threshold or the unemployment rate floor. any of those things could create drama for the market but not so much about tapering. >>so what's on your buy list right now? >>i still like financials and materials. to be specific, i still like jp

of course the likes of samsung and sony and lgthe big tech powerhouses.oogle is about to debut google glass, although not expected to be a mainstream hit at the beginning. this is a wearable computer. wearable tech is becoming really big. apple isn't going anywhere. they didn't really launch anything new in 2013 that raised a lot of eyebrows but certainly they've got a lot of r&d going on in the background. we'll see if 2014 is the year we will see the itv if you will or the iwatch. so all the usual suspects as well as companies like twitter whose stock is doing well and facebook as well. >>thank you markappreciate it. >>thanks for having me. don't go anywhere coming up next.. find out whether yahoo shares are a buy or a sell as the stock reaches record levels... and, it's a wrap! the best and worst of the 20-13 box office, plus who will walk away winners at this sunday's golden globe awards. we'll be right back! ♪ ♪ ♪ ♪ ♪ 2013 goes down in the books as a very good year for hollywood. joining us now is our movie man, here to talk about the record year tha

i don't think sony has any game.re is so many other great players that i'm not going to go down the rabbit hill of sony. we just talked about hugh let park ard. they're better. sears logic is better. i have a long list of stocks that are better than sony. we like to have all the tools that we can muster at our disposal and, yes, tim cook may have gotten the stock goes but i got to tell you broeden nailed it for you. stay with cramer. [ male announcer ] we could say a lot about the most track-tested is ever... but the truth is... we don't have to. the experts have spoken. now it's your move. ♪ open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. is your tv powered by coal? natural gas? nuclear?

two and sony are just that stick out my mind.ifficult was it to form relationships with those companies question mark what they want from you? >> i think everybody sees the theected consumer, connected home emerging. technology that we are providing to these manufacturers is technology in the area of simple discovery. simple discovery for their devices. >> you can have the best technology in the world by basically, if you are tired or distracted, the person can use it. >> it also ought to be technology that is integrated bull quickly by the manufacturers. if you show up with heavy technology, they are not going to integrate readily. , with noed liberally royalty. it is much more than injection into the development process, rather than a whole project itself. it makes it easy -- >> one of the things that is going for you right now is that the whole mobile device thing -- everybody has a phone out -- they can be integrated into the os directly. people have the controller now whereas 5-7 years ago nobody had that. >> the mobile phon

as these come, the shows -- sony and abc have built this thing up to an amazing platform now.e from last friday night on a deal called group book. they're millionaires today. they got 50,000 subscribers. in four days. >> jimmy: people do want to come on the show. people ask me about getting on the show sometimes. they want me to get them on the show because they have an idea. and it really seems like they want it for the advertising just as much as maybe an investment. >> think about it, it's unique. it's the most remarkable venture capital firm on earth. first of all, you've got sharks that have been operators in multiple sectors. i don't care what your deal is, one of us knows something about it, which is great. secondly, we've got money. we're all there to write checks. it's our own money, we want to invest. but the magic is the 7.5 million people watching you for eight minutes and understanding your product. and the next thing you know, the show airs the next day and 50, 60, 70,000 people buy it. >> jimmy: right, yeah. >> and so the buzz in the valley is huge. we have 40,

sony. all of them are bendable or curved.s is an opportunity for apple to get in the television business. >> you think they will? >> i think they will. they play around with a lot of things that do not come to market. this might be one. it is uncertain. >> can i talk about something else i saw at ces? the connected car. >> apps and parcels one of the biggest trends. gmd and jim and mercedes -- and mercedes. the little screen in your car is getting smart. facebook and pandora and available in the vehicle. android. with they are trying to find partners. >> it will be a big battleground. ios for cars. integrate with ios and we will see it throughout the year. google is trying their own. >> or me a time frame. cars have a long lifecycle. -- quickly give me a time frame. you buy a car, you have an option to the connected car. if you buy a tesla, you have it. >> toyota models that can do pandora. thehere are a few cars in act as a wi-fi hotspot. if you buy a new car, you can have that. it depends. >> when you look at google and do

i don't think sony has got any game.r great players going on that i'm not going to go down the rabbit hole of sony. we just talked about hewlett packard. they're better. cirrus logic is better. i have a long list of stocks that are better than sony. we like to have all the tools that we can muster at our disposal and, yes, tim cook may have gotten the stock going but i got to tell you boroden nailed it for you. stay with cramer. ♪ ♪ ♪ ♪ [ male announcer ] eeny, meeny, miny, go. more adventures await in the lexus lx, rx, and new seven-passenger gx. dare to be spontaneous. over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreling down i-95. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had the power to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did. in a little dorm room -- 2713. ♪ this magic moment ♪ >> it is time for the lightning round o

front, which many investors do, we should also point out he was urging for the breakup of sony, and nowarticles written on that about how silly he looked because he was trying to break up the movie business, and now sony has 21 academy award nominations, etc., etc. so he's had his missings. the big question becomes does dow chemical get thrown into his hits or his misses? >> exactly. and, again, i think it's a function of his timing, his ability to convince other large shareholders of his plan and, you know, for example, also the folks in the analyst community, how are they talking about dan loeb's plan, how have they been reporting about the company's performance. all of these things are important factors. sandra: i want to point out that third point capital 2013 performance up 26%, his partner fund up 38%. we should talk real quick about you, we only have a few seconds left, but the fact of what exactly you do looking at these companies. and you've been very successful. what other activist investors, in your opinion, are doing a good job right now? >> you know, i like value act, jeff

merged with sony entertainment.pledged to cut $250 million in expenses this year. has been inael's china for three years, china is one of the top five countries where they work. withties in china all england micro offices. i am glad to see you. i would be glad to talk to you any day but in a day when china is such a focus, you have been doing business in china for so long. how is doing business with there is so much government censorship, is technology part of that? how is technology different? touch witho keep in the customers with the suppliers and the vendors. we focus on the market. when you look at the market, we have been successful there for more than 50 years, with the acquisition of a local company and local managers who understand how the dynamic quirks. and not being the manufacturer but being the intermediary between the manufacturers. we focus on what the market plans are, -- >> there is a lot of concern, globally about the slowdown in buying in china. how do you see business in china right now? >> we s

verizon acquired intel tv technologies and sony is also planning a web taste service and this comes as amazon obtained a new patent for anticipatory shipping, to ship packages before customers even clicked to buy. erlichman,et to jon our senior west coast correspondent nla. what are we talking about here you go what is amazon trying to do? -- what are we talking about here? >> there's a battle taking place for control of the living room. we know that apple, google, sony, countless others want to win the battle and we know that amazon has shown a huge willingness to get into the business of making hardware to keep you buying everything that made amazon what it is today whether that is coming out with the readers for e-books, the kindle fire to keep your shopping and the world of tablets, whether it is working on its own tv-like hockey puck, if you will. and they have amazon prime video , which you highlighted. they already give you the opportunity as an amazon customer to be watching contents of this would be the logical next step. it may be less of a competitive battle with the compani

. >> tell us about your multi-film deal with sony.hat seems like a major undertaking. >> i've had it through a number of years. i've been able to produce not easily broken, jump in the broom, sparkle, so many projects have been through our relationship with sony. it's a catalyst to open up another door in hollywood, not only for me but for actors, hair dressers, caterers, writers, set designers, all of that is affected. this is a huge industry. there is so much more than what you see on the screen. when there is a door open, then all of these contractors and companies and all of these artists and actors and writing and singers get an opportunity to be on screen and we have a lot of gifted people of color in this country who are just sitting around waiting on an opportunity. >> it seems like the film world is tight. what is your advice? >> never give up on your dream. they can't pick you if they can't see it. if you want to do something, get around other people who are doing it. if you are volunteering, picking up trash, get in the roo

we'll be right back. >> announcer: the "jimmy kimmel live" concert serds is brought to you by sony. [nouncer ] if you're struggling with bipolar depression, there are treatment options. ask your doctor if once a day latuda, lurasidone hcl, may help you. in clinical studies, latuda has been shown to be effective for many people struggling with bipolar depression. latuda is not for everyone. call your doctor if you have unusual changes in mood, behaviors, or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. elderly dementia patients taking latuda have an increased risk of death or stroke. call your doctor if you have fever, stiff muscles, and confusion, as these may be signs of a life-threatening reaction. or if you have uncontrollable muscle movements, as these may become permanent. high blood sugar has been reported with latuda and medicines like it. and in some cases, extreme high blood sugar can lead to coma or death. other risks include decreases in white blood cells, which can be fatal, dizziness upon standing, seizures, increased choles

michael kiwanuka from the sony stage tonight. tomorrow night this will be fun.12 years a slave," lupita nyong'o and music from the fray. and later this week, joseph gordon-levitt, chris pine meryl streep from "shark tank" kevin o'leary. i understand meryl's always wanted to meet kevin o'leary. so this will be special. and music from gregory porter and jonny lang too. join us for those shows. [ cheers and applause ] our first guest is an actor, an oscar-winning director, and when he was spare time a musician too. you can see him next play mentor to chris pine in the new thriller "jack ryan: shadow recruit." it opens friday. please welcome kevin costner! ♪ [ cheers and applause ] the service we provide. he's the purell guy. did you want a tissue? >> i'm a public school guy. it's okay. >> jimmy: you're all right? the reason i didn't kiss you when you came out here i didn't want you to think i was being standoffish. it's because i have a little bit of a cold. >> my same reason for you. >> jimmy: you have something going on with your throat, too. >> yeah. i lost my v

sony are teaming up.ill begin offering "house of cards" and other programming and high-definition format. with 4000n as 4-d pixels promising resolution four times that of existing tv. that is today's company news. one of the ways they're going to try to beat out the ipad. >> i've never seen a stock chart like netflix, the recovery after total crater like netflix is fascinating. blackberry tumbled more than 80% since their peak in 2008. its new integer hopes to survive by focusing on businesses, not the fickle consumers. our senior west coast respondent on blackberry ceo shift to enterprise and was saying, look -- >> a spirited discussion. >> he said they're going to bring back the physical keyboard. , we were talking about this earlier. this is when a brand has lost its way and trying to go back to its roots. is it too late? >> not if they execute and stay focused. the right strategy for most brands in trouble is to go back to their roots. find out what the authenticity is, where it came from. blackberry

the sony playstation for is one part of this. the xbox one.got a lot of recognition over this holiday season. is supposed to be not only just a game council but the whole media ent. both of these names, sony was the latest of the hardware council. how many did they sell. they launched in november selling 3 million consul's by the end of december. over 4 million. playstation. they got out a little earlier than the xbox. they continue to battle it out. this was one bright spot. i know you will tell then. that is down today. as we talk about these new consuls and what they offer, that is the name of the game. liz: and that is why investors and viewers may have thought that with two brand-new consoles out back in november that gamestop would have had numbers coming out of holiday sales, but stock is feeling the heat from that plus what michael just talked about. so when they unveiled, gamestop took an intraday hit. they came to their defense. slightly different story. really hurting, announcing it is revising its quarterly and year-end guidance du

right back. [ cheers and applause ] >> the "jimmy kimmel live" concert seers stancert series iu by sonyer catalyt apply by february 28th for up to $20,000 for qualifying new students. with this scholarship you could be on your way. in 2012 90% of our associate and bachelor's grads actively seeking employment had careers in their field within 6 months. make this your year. start at devry.edu. apply by february 28th. [ everyone's favorite flavors, different at red lobster? new table for two. with two salads... two entrees... plus an appetizer or dessert to share, all just $29.99. offer ends soon! so come to red lobster and sea food differently. suddenly you're a mouth breather. a mouth breather! how do you sleep like that? you dry up, your cold feels even worse. well, put on a breathe right strip and shut your mouth. cold medicines open your nose over time, but add a breathe right strip, and pow! it instantly opens your nose up to 38% more so you can breathe and do the one thing you want to do. sleep. add breathe right to your cold medicine. shut your mouth and sleep right. breathe right.

but sony shifted gears, and sony, more in line with microso microsoft, is offering a computer. like device that can play games. it's a very, very different approach. at a certain point a couple years back, the whole paradigm in gaming shifted. not many people want a gaming console that only plays games. the ps3, which in gaming is an ancient machine, is selling as well as the wiiu. that's house weak sales are. there have been a number of wake-up calls over the last couple of years, and certainly this is probably the biggest one that they have in recent months. >> kaori, great to speak to you, as ever. thanks for that. >>> shares in intel are down. the world's largest chipmaker says it expects no revenue these year. he told cnbc he still sees a recovery story despite another tough year for the pc market. >> we saw a contraction of the pc segment during 2013. but this contraction slowed down in the fourth quarter, which was positive. and, again, if we look at all the devices that were shipped to the marketplace in the fourth quarter, they did grow year on year. and if we look at

sony says that is the future of gaming and we are it. we will explain in a moment. welcome back. are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ of the dusty basement at 06 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall f roble avenue. ♪ this magic momt it is the story of where every great idea begins. and of those o believed they had the power to do more. dell is honored to be part of some of the world'great stories. that began much the same w ours did. in a li

sony pictures last movie about facebook, "the social network." >>> a special shoutout for san jose. the "today" show called it the nation's smartest city. they call it the capital of silicon valley. san jose sits squarely in a region home to some of the biggest names in tech. >> it's so smart because more than half the residents are college grads. also getting a big mention, the kids and the high-tech bulldog academy at lleva middle school. >>> the potentially life-changing gift to a family. >>> a san jose family got quite the gift from their children's school today. pioneer high school held its make-a-wish assembly where they try to make dreams come true. one of the students wished for help because her family car was so unreliable that it regularly made her late to school. the family was initially brought up on stage and given coupons for free auto repair and oil changes. then someone else showed up with something more. >> on behalf of our castle honda and automotive group. we are here to present you with a car. >> oh, the car -- >> isn't that sweet? >> such a great story. >> the c

is the sony 4 k 65 in. goes for $5,000. you get built-in speakers the go into the tv here in the side some of the get a separate audio system. but also the super thin profile. forte said up elie de tds. >> : for kate takes up to the next level you get four times the resolution you get four times picture quality better detail it gives you all that. it realistic quality. pay attention to the grass is more realistic. >> : the samsung 65 in. selling for 4500. and now for k is the thing to their surprise even though the expense of the selling a lot of these tds. granted there also giving enough finance offer. >> : did slate con 4. >> : details it on the case against the justin bieber. what one school district is accused of the has parents furious. >> : and what will sit to a new low what the experts are saying about the current drought. [uncle]this is hopscotch,okay? uncle go one,two,one,two,one two,one. [niece]okay! [uncle]okay? [niece]one,two three,four,five,six,seven,eight! [uncle laughing] okay,we go the other way,okay? [nie

motley crue from the sony outdoor stage.ch they swear is the final tour. which isn't like the usual farewell tour, go on sale on friday. andy garcia will be with us and music from broken bells. and on thursday, zack effron. our first guest is an academy award winning actor who happens to have the exact same voice as god. he lends that voice to a very distinguished toy in "the lego movie." please welcome the easiest reader of them all, morgan freeman! [ applause ] >> how are you? you look great. you're taking this penguin thing very seriously, though, huh? i feel like i'm -- when you seem mad, i feel like i'm going to hell. how are you? >> i'm good, i'm good. i'm very good. >> it's fun to hear your voice in person. if you know this, you've been narrating my dream since i was a boy. yes, yes. i started with you as the easy reader. you might be the first person i liked on tv. i liked the easy reader. i liked the electric company. >> okay, i believe you. >> it's great to have you here. when does the voice kick in? is it puberty

sony with a few nods, "american en one. paramount has a couple.u have fonts that have some great success at the golden globes with "12 years a slave." speaking of the golden globes, we were talking about netflix success there. all of a sudden netflix made its way into the oscar conversation. old media, new media, everyone is happy and los angeles. >> netflix is celebrating. someone else celebrating is the 2" behind "despicable me nominated for best animated film and best original song. we are joined by the founder and ceo of illumination entertainment. sam's kids have been watching your movie on repeat. >> this runs on a continuous loop in my house. we have been to the theater many times. congratulations. i wanted to ask you first that there seemed to be for a while a bit of a duopoly as far as feature-length films. you had pixar, dreamworks. how does it feel to be part of the upper echelon at the top of mount olympus? .> it feels fantastic especially today, a day that, needless to say, fills me with e for the entire team. bes great company to joi

the ceo of sony knows that. them our product's about you is measured by that.t is not just function that people desire. deeper and more emotional value. in japanese culture, we call this kandou. "emotionalslates to involvement," the power to make people say "wow." the legacy of fighting action- packed adventure takes a step forward the launch of the playstation for. the market was wowed by our technology and our engineering and by our software. by theers were thrilled lineup of amazing titles. they have responded enthusiastically around the world. >> sony sold 4.2 million playstation for game consoles through december 28. microsoft said on monday it sold 3 million of those consuls and 2013. it is not just about videogames. one of the biggest dowels for your tv screen involves the online tv service using thousands of small a tennis to capture free over the air tv signals and then transmits them to subscribers on the internet for eight dollars per month. tv stations are not happy about it. ariel is moving ahead. ahead.o is moving john erlichman caught up with the

shoppers turned out looking for the opposition, sony and xbox one.ntendo shipped 4.3 million wii consoles in 15 months since the release. sold 3ft's xbox one million in just two months and playstation for sold 4.2 million. shares fell 17% in the u.s. after trade, after close. the biggest fall in 12 years. dramatic change. they have also cut their salesst for wii's console , and game sales to 19 million from 38 million. >> back in the day, nintendo was leader. families love the playing and now it seems like it's being overshadowed, right? what is its new strategy? smartphones, the migration towards that. xbox and they station, example. stratetar energy -- new gy, software rather than hardware. they supply games to play station also, xbox. strong --in 2013, pretty games, one called pic man three. donkey kong, i remember that back in the day, super smash brothers, mario kart. console is a concern. it may go from hardware to software but not just yet. >> they're hoping the mario brand will be super for nintendo. john dawson, thanks for that. some other s

three years ago, sony gave me a virtual headset to try.e knocking on the door too. >> they're thinking about it. we're talking to a lot of folks. right now we're developing our own technology, completely on our own but we're also out there and engaging and looking what else is coming. being aware of technology. right now we have really a very unique approach that nobody has taken before, using actual cell phone technology in there to give this incredible experience that allows to you deliver at low price point. if you look what sony is doing, they announced in the keynote new headset that is 12 or 1300 pounds which is over $2,000. this is $300. liz: affordable and china, david, just lifted its ban on videogame consoles. so perhaps this will be included under. good luck. >> thank you. liz: brendan irib he, ceo of oculus rift. remember the name, 46,000 kits are sold, david. we'll be watching this one. big, big create tivity. back to you and signing off from the terrific crew at ces 2014. david: wonderful stuff. wonderful crew. i would risk t

all works, yes. >> do you look to the future and think, how can imax be the name in the home that sonynce upon a time and maybe samsung is now? is different than those companies, but definitely we will look at how we can broaden our name in the home. when you ask about that, you think about things like gaming or virtual-reality -- >> which is not part of your game at all. we have to think about the regular consumer electronic experience. i think apple is a great example. they rethought the experience. culturally, that is how we help -- ceo richard g on. could google have been insulating its search engine ranking? ♪ >> this is the early edition of "bloomberg west." emily chang. is google trying to punish expedia? take a look at this. expedia results under google the last week. this is according to a german research firm called search metric. it will does not like it when companies try to tame the system. cory johnson, what do you think? >> i think a lot of companies try to game the system. google is in this industry. it did not happen to everybody. priceline, traveler, kayak -- those nu

by contrast, consumer electronics and media giant sony has a market value of just $18 billion.right, for all that talk from pundits and gamers about the struggles of nintendo, the market says nintendo is worth more than sony, even with its play station 4, even with the movie and music studios and all that consumer electronics, the story is just about as much about the turnaround at nintendo helped along by its hand-held portable 3ds gaming devices as it is about the struggles at sony's entertainment and consumer electronics units. at least for now, nintendo isn't being so much left for dead. tyler? >> thank you very much. >>> until recently, much of the world tended to place relatively little emphasis on design and form with respect to building products, tech products in particular. apple's steve jobs and johnny ive the rare exception of course. but this man here is quietly creating a new generation of iconic and very influential new devices, including the jawbone and fitness band. he is profiled in the february issue of "vanity fair" which is online and on stands this week. ca

got some positive data points from microsoft as well, sony in terms of consoles.optimism going in. 15% of the shares outstanding are short in this stock. we could be looking at a squeeze going in. that does it. if you want to join the conversation, tweet us at #earnings squad. back tomorrow on "squawk on the street." we have citron research, the noted short seller, who will name his top short idea right now. >> you got to press him on going long on blackberry, too. good interview. thank you very much. >>> on tap, a boozy blue jean edition of "street talk." plus a record-breaking little red corvette. >>> first, sharon epperson has today's pump patrol. >> money managers are betting that this cold blast will curb gasoline demand in the northeast and midwest and gasoline prices will fall as a result. hedge funds that trade gasoline futures and options reduce their bullish bets on gasoline by the most since june last week as gasoline supplies rose to an 11-month high. this was according to a weekly report. we are looking at gasoline prices at the pump that have fallen

as of today it's worth around $20 billion and you compare that with sony's market cap of around $17.5 billion. like julia said, nintendo's hand-held device was a brighter spot, but if you dig a little more into the wii gaming console, they cut their forecast for those consoles by, get this, nearly 70%. talk about getting it wrong. they are struggling to compete with the likes of the xbox 1, play station 4 and the company's president apologized to shareholders but also said there's no immediate senior management changes that were coming, at least in the short term. still, this new loss forecast means nintendo will be poised for its third straight annual loss. sue, back to you. >> thanks very much. >>> it seems there's an apple story every day. today, it falls in china. apple launching its iphone on china mobile's network today. shares of apple are down about 1.25% and they are down about 1% over the month, period. cnbc's eunice eun was with tim cook in beijing's financial district. >> reporter: after six years of negotiations, china mobile is finally selling apple iphones at its store.

it is integrated with sony play station.rlichman spoke with dish network ceo joe clayton. >> what we are doing is using technology to better improve the experience for the consumer. i will give you an example. our new product allows you to record eight programs at one time. if you have a multiple tv household, i have five kids, there is never enough capacity. we have something called a wireless joey. in a lot of homes, you are limited as to where you can put your tv. this is a wireless. you plug it in and it will work anywhere. last but not least, we have something that will reduce clutter in the home. instead of having a separate box, you can hook it up to a sony playstation 3 or 4 or the new lg smart tv. we are making this easier for the consumer. >> you embrace technology. you have used those words yourself many times before. broadcasters get frustrated with where their content is going. it has resulted in legal battles. is this the sort of thing you can settle as friends? >> you would think we are against advertising, we

it has been neck and neck with the sony playstation four, which is cheaper and available in 32 countriesapple has bought the maker of a popular iphone app, which speeds up the iphone camera, allowing users to take 20 photographs per second. terms were not disclosed. they also got their sole employee, an australian computer whiz. and let's get back to the biggest gathering in technology, getting in full swing tomorrow, ces, and our own jon erlichman is there, and he has caught up with john chen, who have a lot at stake. he is the guy charged with turning blackberry around, and he took over as ceo in november, and i want to get a drink to that interview with john chen. parry has always been good at security and connectivity and communications, so it matters most in the business setting. the government, the banks, so forth. >> and when we think about where these devices are going to be seen, should we think of at&t stores that are, for example, near wall street, as opposed to a mall that is not near some corporate center? is that where we will see some of these devices going forward? >> tho

they used to have a partnership with sony to build smart phones and cell phones.hat has been unwound. i am just curious about your thoughts -- jon, feel free to jump in. microsoft is in a crossroads with its consumer business and the enterprises. what does the consideration of someone like vestberg mean for those tensions in the company? >> that is an important point. people often do not realize, but the real engine for microsoft is the industrial side. largerelationships with and medium-sized organizations, providing the kinds of tools that they have for decades. that is the heart of the business. it is one that must be protected. microsoft has a good top of that. there are consumer activities that could help. they are powerful forces. they need to manage both very well. if you take another company the blackberry, i think that they forgot about the fact that the industrial part was the heart and soul of their business. they tried to act a bit too much like a consumer product. they did not do a good job of managing the two sides of the street, so to speak. both si

sony may be considering a deal with microsoft on new mobile phones.he new york stock exchange with more on that. lauren: i'm looking at both stocks, sony and microsoft trading in an overall down day. sony could actually be breaking its royalty to google android phone teamed up with microsoft to sell a windows-based phone. according to these reports, talks have progressed, and there is a prototype device that might be branded under the sony vaio line. nevertheless it is reports and we will continue to watch this story. back to you. dagen: now take a look at the legalization of marijuana for medical purposes using it to relieve patients suffering with chronic pain. is this a legitimate use, a growing use? join me now, assistant professor at the nyu school of medicine. great to see you. i was just personally curious about this with the recreational use and sale of marijuana now okay and legal in colorado. is there a legitimate medical use for marijuana with 19 states of the lower 48 making it legal for that? >> there is a huge difference between recreati

if you think about cable versus the internet, you heard sony at ces talking about plans for an internetv service. ,ntel was thinking about that maybe amazon goes down that road. is comingr tv cable through the internet and internet companies are offering it for less, cable hates that so they will fight you. net neutrality title is boring but behind the scenes, you have huge lobbying efforts and battles between the traditional tv world and the internet world. about tv andking cable but net neutrality advocates are painting this nightmare scenario whereby internet browsing is one tier and facebook and twitter is another and then you have net lex, youtube and others. this could have major implications for everyone. >> yes, i think it could. we talk about the battle with the biggest players. about thethe point smaller players. a company like netflix could rob oblique afford to pay a little bit more whether they are forcing the consumer to pay more or paying whoever is providing the broadband a little bit more. argument that the the names you mentioned, whether it is facebook or netflix or y