if the team decided they wanted to use apple or lenovo, the nfl would say no. >> why isn't apple jumpingthis? >> there are a lot of teams that do use ipads and you read a lot how when a new player comes on, giving an ipad with the playbook, there are ways apple is in there but they are not the preferred provider here. >> this is also highly regulated different leagues and colleges. there's a story in the pac-12 now where the camera was going by the background and the coaching staff in the booth and the team looked and said these guys using lap tops and they're not allowed to use them. they got censored and it's a big deal. one of the interesting things about the new surface is they've got this pen-based system not for an do the dumbest football coach in the world. to tell usows them in real time. if you ever see peyton manning on the sidelines, he could maybe be drawing up the route he wants or the coach could put up where the defender is going to move and instead of flipping through time lapse photos, they can draw up plays and how the defense is moving on. >> how helpful is it is the b

government buys the apple products? >> it is about the same with the u.s. rms of gdp. we do not know. we know how important china is to apple. apple coming into china, a significant part of apple's overall picture. we see it growing dramatically over the time. and it has been a profit center. apple is a company that makes a lot of money and a lot of the money is made in china. $5 billion last year. much of the market is not the government about consumers. >> cory johnson, our editor in large, and thank you. the u.s. military has just conducted airstrikes in iraq. some of the advanced technology that the military is using. you can watch us streaming on your tablet, phone, bloomberg.com and apple tv. ♪ >> time for "on the market." let's see where the stocks ended the day. the biggest one-day gain since march. turning around the losses we had for the week and turning into a gain. theretionary stocks leading gain. more with "bloomberg west" next. ♪ >> you are watching "bloomberg west" where we focus on technology and the future of business. i am emily chang. the

apple is late to the game. crosoft, google, yahoo, a lot of these companies started building up in 2006 and 2007. cory is absolutely right. apple has a huge advantage. their servers would not be all purpose built. they will be for apple content. they roll out additional service and i cloud is something that is to performance issues as something apple wants to correct. it is going to become imperative to the quality of service and they will provide across all of their services. >> what about apple television? it is something worked out about four months. could something like this come into play in a big way if indeed apple comes out with a television set or some kind of television service? >> once they wrote the report, a lot of people speculate about an itv. this has nothing to do with the itv. i do not know any other plans. they are putting this in place for software. they want to improve software in icloud. apple needs this book is the size of their business today. it does not have anything to do with itv righ

10 times that for the future. apple looking at this as a long-term play of where it will play of them controlling the entire ecosystem. >> some other reports show apple apps are only 4% of internet traffic except when they do an i. o.s. update and is suddenly mcing netflix like, something like 40% of the internet traffic. what does it take, exactly what does apple have to do to deploy this? what are they deploying. >> it is not that difficult. they are deploying servers, in many different locations, not too many because they are primarily focusing on north america and europe. they play servers as well as they place servers in third-party data centers as well as their own data centers they hold. apple controls a couple. centers we know, they built them out. those servers connected to other networks. the way that's done is a cross connect, a link to another network and sometimes you're buying transit to connect to many networks and sometimes you're doing a paid interconnect deal like we saw netflix do with comcast or veri

the capacity several times for the future. apple is looking at the long-term play controlling the entire ecosystem. >> reports about internet traffic shows that apple has about 4% of in a traffic iosept when they have an update, when it becomes netflix -like with 40% of internet traffic. exactly what does apple have to do to deploy this network? >> it is not that difficult. what they're doing is deploying servers in different locations -- not too many because they are focusing on north america and europe, but they place servers --third-party data centers and those servers inside the data center connect to other networks, and typically the way that is done is through a crossconnect. sometimes you are buying transit . sometimes you are doing a paid interconnect deal. apple in this case is doing the same thing. >> they are not laying fiber but they are turning on dark fiber already there. >> correct. they are not a backbone. apple is buying from companies like level three -- wavelength, transit. they are buying network resources and pu

>> guest: wozniak with steve jobs partner in the founding of apple. once again it shows how partnership and teamwork should work. was the act creates a circuit board for what becomes the apple wanted in the apple ii. he's an absolute genius at knowing how to create with very few components in order to turn it into a hobbyist computer that type of computer you can use at home. he loved giving it away. it's part of the hacker ethos. he takes a sheet, this grammatic sheet and gives it away to the computer club so they can build one but what happens is his friend from just down the street steve jobs says no we should build a similar should sell them so they create a little company which they call apple. what it takes to innovate is not just a person who has the idea which is what the yak, it also takes a person a says howard going to execute at? our going to turn us into a commercial machine which is what steve jobs did. how we are we going to put a bit of a case on to? how are we going to get a power supply? how we gather it all together so the greatest t

the u.s. and europe. appleas reportedly struck deals with large providers to deliver content on ios of dates. this means the content can be delivered at faster speeds and without relying on technology from third parties like level three which apple currently relies on. cory johnson and i spoke to a analyst who wrote the report. ios 10nted out that downloads are directly from apple to the comcast network. i asked him how he figured it all out. >> out all things netflix and microsoft and google decided to build their own because they needed to take more control of what they were distributing. for most content owners and syndicators, it does not make sense of going into the business of building. from an economic standpoint, that are not large enough. outdoor has a lot of different software downloads and streaming as well. if you think about the radio and onlyes and apps, they are just starting off now. they're only doing a small portion and they will continue to do more. >> you say this content delivery network is

the question will be to see which the apple community likes better, the 4.7 inch or the 5.5 inch. best guess is a 50-50 split. >> apple didn't seem to get it right last time. their low-end phones underperformed for them. talk about how apple manages its supply chain. what does this mean when they do not know how this will take off and they are trying to launch this? they are taking a greater risk than ever. >> you bring up a good, huge point. of their base, about 100 million are not eligible to upgrade. that means there are 200 million within the existing phone base that is ready to migrate to the larger canvas. what we have seen is that it peaks and then comes down. now, we think that this is going to be 60 million units, 70 million units, 80 million units for quite some time. it will be quite a refresh cycle. >> what about the other new features? what else can apple do besides the screen size? there has been a lot of talk about extending battery life. not much battery innovation in the past several decades. i was reading in the "new york times" about wi-fi charging, wirelessly e

jobs is a tough act to follow, but cook celebrated his first anniversary at the apple helm just as the's market capitalization had topped $623 billion. that mark, obtained on august 20, 2012, made apple the most valuable listed company of all time, breaking the previous record set in 1999 by long-term rival microsoft. [ticking] coming up, how the ipad is helping the autism community. >> he's completely communicating. >> absolutely. he's part of the community. i mean, communication is the essence of being human, and here he is, communicating fully now. >> apps for autism, when 60 minutes on cnbc returns. so we're all set? yyyup. with xfinity internet your family can use all their devices at once. works anywhere in the house. even in the garage. max what's going on? we're doing a tech startup. we're streamlining an algorithm. we're going public! [cheering] the fastest in-home wifi for your entire family. the x-1 entertainment operating system. only from xfinity. [ticking] >> after steve jobs died in 2011, there was an outpouring of gratitude from his fans for the way his inventions chang

the securities and exchange commission tightens rules on sectors. and new record. applehares hit a new high ahead of the widely expected release of its iphone 6. but what features do consumers really want in a phone? we have all that and more tonight on "nightly business report" for wednesday, august 27th. >>> good evening, everyone. tyler's off tonight. well, here's a ticker symbol you'll be hearing a lot about pretty soon. baba. it stands for aly baba, often called the amazon of china with a little bit of google mixed in. you can't buy or sell it yet, but this giant chinese tech company is expected to launch a huge public stock offering in a few weeks, and the shares will trade on the new york stock exchange. investors around the world are waiting eagerly for this ipo. and today they got some fresh financial information about this tech success story. in a filing with the securities and exchange commission, aly baba revealed that its profits nearly tripled and its revenue surged last quarter. also, the company said it's investing in more businesses with new revenue stre

so the mathematics of that suggests apple will lose share. if we look back waerlds, the smartphone market grew about 40% last year. the high end mark, phones above $1300 where apple placed exclusively. >> that grew 10 percent, so by definition apple -- >> you say apple, does that mean you expect samsung to sacrifice margins to compete with the local rivals? >> i think invarably at the low end apple will have to get aggressive to be more competitive. this is analogous to the pc market place. dell was king of the hill. at that time they had 18% market share and mar jens. we saw them come in, be very aggressive on price, dell lost share, mar jens went down. i think samsung feels that same challenge sample thanks for coming in. this commentary, low, i think is swg we would have said two years ago. although, they were a low cost player, they are now completely out of business. their sales were up 50%. these guys were fighting hard to maintain margin and not drop down to price. what do you say to that? for apple, it hasn't been crucial to this point

the i.p.o. road show may start september 3. apple's china challenge could get tougher after china mobile, the world's largest carrier, will cut phone subsidies by $2 billion after the government told it to lower marketing expenses. lack of subsidies may make it harder to sell high-end phones in china. it can also give a surging boost to competitors. the latest trends in tech are winding up in the dictionary. words like netflix-inspired binge watching, live tweeting, sub tweet, buzzfeed have been added to the oxford online dictionary but they're not in the official dictionary as of yet. to our lead story, alibaba group has been on an acquisition free in the run-up to the i.p.o. but now there are concerns about one of its deals. a film company alibaba took a controlling stake in chinese media group, now known as alibaba pictures, has uncovered possible accounting flaws. the unit may not have made enough write-downs for some assets in the first half of the year, according to a filing. alibaba has tape stakes in more than a dozen companies

apple? how much does the chinese government by apple products anyway? n terms of government spending, it is about the same as the u.s. in terms of percentage of gdp. we do know how important china is to apple. le comingales of app into china in the past two years has become a significant part of apple's overall revenue picture. we have seen a growing dramatically over time. there has been a really important profit center for apple. a lot of that money is made in china. it is a huge market for apple. much of that market is not the government, it is the consumers. >> thank you, something we will continue to watch. the u.s. military has just conducted airstrikes and iraq. up next, some of the advanced technology the military is using . you can also watch us streaming on your phone, tablet, bloomberg.com, and apple tv. ♪ >> it is 26 minutes past the hour. bloomberg television is on the markets. i'm julie hyman. a rally ina bit of today's session after declines we had seen in recent days. stocks building on earlier gains. we do see a little bit of an easing o

so every year, rangers invite people to come pick the apples. >> unfortunately we've had to euthanize bears that have become a safety concern for visitors but it's been pretty bear. the park used to have to euthanize quite a few bears before we had the program we have now. >> since the park started the apple picking program back in 1998 the number of human encounters with bears at the park has dropped by 90%. >>> now many have tried to capture the grandeur of yosemite. but it was anzel adams that captured the beauty with his camera. >> reporter: the maze like ma yes, sirty -- ma yes, majesty of the canyon. >> he did something photographers had not done. people don't think of landscapes as moving but they do. the imagine moves all the time. the light changes. the clouds move. and that's what adams photography is all about. about the fact that nature is not perm innocent. >> reporter: john socousky is part of anzel adams 500. >> on view adams long life homage to the american west. the spectacle of yosemite national park. celestial park high above the sierra nevada. this one called moonl

the play. >>> and apple has been on an incredible run. we'll show you how to make money. >>> and we're doubling down on herbalife, and we'll tell you why. the action begins right now. >>> i'm melissa lee, and here are the traders here and in austin, texas. how did u.s. stocks respond? by rallying. let's get in the money and find out. is the market right to shrug all these things off? >> well, 490 of the s&p 500 companies have reported earnings, 7.5% growth year over year. and a fed that may start to get a little more confident in the economic recovery and start to raise rates. the vic closed below yield. so, it does feel very complacent. especially when you consider the dax was down from all-time highs a couple of weeks ago. and we got a read of euro pmi purchasing. it was down. ultimately, if they can persist, and all the geopolitical risks can have an affect. >> mike, what did you make of the week? >> one of the points i would make, with the geopolitical issues, some of the things to worry about, whether or not we're going to get involve

the iwatch likely to be a lower priced product? 70% of apple'srofit is coming from the smartphone. so what happens after we get past this launch? we get into 2015? >> well a good question, henry. i assume the launch will take them through most of 2015, that you've got a lot of people coming off contracts. so it's not going to be just a one quarter hit. they do have to do well until merging markets. also a bit of a difference tv two years ago. the company has lower priced phones. it is having greater penetration in emerging markets. i worry getting towards 2016. i feel pretty good through most of next year. 2016 might be tough comparisons. we don't want to get too carried away with a price target of $115. >> steve, in the last week the stock had quite a run-up. investors on the show touting it as the best value play. at what point, though, does apple not become a value play? >> well, it's at about a 7% discount to the market multiple. i'd say when you get to a market multiple or slight preem up, a little hard to call it a value play. take out the

. >>> and is the stock on a new high and the apple of wall street's eye or the ripe for a dropdown from earth. and now from twitter, a violent clash in the american heartland to the gruesome beheading of an american journalist. and twitter has gone from using it to defining it. when they used it to post the video of the beheading, twitter took action. and also a young black teen that was shot to death by police, and the violent protest that followed unfolded on twitter. and it was before the traditional news outlets. we have joined by our panelist, and lori, twitter has been news before with the arab spring, but h this time, it feels differently as if twitter has grown up here. >> it is a watershed moment for twitter, because the company is forced to make editorial decision decisions. when this picture was posted, normally they don't say, hey, we will take it down and they won't comment on the specific accounts, but in this situation, we are seeing that dick koslo is going to have to make decisions like we do in the news media. and then there was quite tweeting, and carrying the message

the water? yeah. if google or applehey would be. >> that's what deifferentiates them today, yesterday. walt mossberg, thanks for joining us. marking the 10th year anniversary of google. looking at apple, trading near thathoodses 100 mark. apple did a 7 for 1 stock split. it's got to go above that and change to be an adjusted high. $99. look at this. $95. almost there. watch closely for shares of apple. >>> our own simon hobbs challenged gopro ceo goodman for the ice bucket challenge. woodman responded. check it out. >> yesterday morning on cnbc, "squawk" anchor simon hobbs challenges me to the als ice bucket challenge. cnbc and simon, i accept. after i take the plunge, i get to make a few challenges of my own. i'm starting with my high school buddy and c nbc reporter josh lipton. after that, shawn white. finally, what the hell. brad pitt. let's do this. >> josh lipton, shawn white, brad pitt. esteemed company there, mr. lipton. what do you think? >> i think you know, whitman threw down the challenge. shawn white and bra

stop by the apple credit union. melissa, how are roads? maybe someone trying to get here to say hi to us. >> no issue at this point this morning. this is the beltway at the toll road here. chopper 4 over that right now. couldn't it stay like that? top of the beltway looking good. 270 coming down, 95 coming down, vw parkway in and out of town no problems there. 66 and 95 looking good as well at this point this morning. prince george's county looking good and an update on the vre situation in a couple minutes. >> thank you. >>> putting your mind at ease when you valet. the car that can track what those strangers are doing behind the wheel after you hand them your keys. >>> also ahead, trying to prevent future tragedies. the latest safety feature being added near the university of maryland to better protect you and your kids. >>> 6:16. we continue to follow breaking news in ferguson, missouri, this morning. things look calm right now you can see from the live picture here on the ground in ferguson. that was not the case a few hours ago. police

the stock market. investor, i love apple. cheap that as long as the products can plug in and turn on, the stock will be fine. the real question for apple is when are they going to wake up and realize that the cloud is the future of their world and that there cloud product currently is terrible. it does not need to be. they are apple. they can get this right. >> is the phone with a bigger screen enough? >> i don't think it matters. i think new is what matters now. i think apple has several things that went into the most current phone, the 5s, that are tremendously innovative one of which is the fingerprint security and another is air drop, the local sharing of files. those things were only on one product and now air drop is on a bunch of products but as things spread around, they become much more valuable. i think this generation will take that forward. we are no longer in the early days of cell phones. it is really hard to get people excited about a cell phone today. from apple's point of view, put out new products, ideally th

you can drop off your donations at the apple federal credit union in kingstown, virginia. check back in with reporter erica gonzalez, who has been live there all morning long. erica, are you getting many backpacks out there? >> reporter: yes, barbara. rain or shine, we promised we would be here. we have done good on our promise. we have a truckload of backpacks and school supplies already. we have done so well today. and that isecause of our viewers. we cannot thank you enough for coming out to help our students start off on the right foot. this is a campaign that's very near and dear to our hearts. we do this every year. we want to make sure that kids get the simple things. backpacks filled with school supplies, to make sure that they start the year on the right foot. we're in kingstown, virginia, as barbara just mentioned, at the apple federal credit union. we've had people come by all morning long. you can find a location that is closest to you and make dropoffs there as well or make a monetary contribution. go to our website, nbcwashington.com. but there really is a gr

the parking lot. all big signs that this will be a big production. appleow to keep secrets and it is keeping this one literally under wraps. crews have been busy building a massive structure behind the flint center where steve jobs unvailed the original apple computer in 1984. >> it is crazy to think this is where i'm from, this is where apple started 30 years ago. that is crazy. >> reporter: apple appears to be prepares for the big event in dramatic fashion. security is tight at the college. guards are posted at every corner surrounding the venue. the company's big invitation only adds to the mystery. >> it was a little more coy than a lot of them have been. it said wish we could say more and was just a gray silver background with the apple logo. >> reporter: around campus, students have a good idea of what's to come. >> hoping they unveil the iphone six. >> the new mac book. >> reporter: well apple is expected to unveil possibly two new iphones with bigger screens. there is also talk of an i watch or some sort of a wearable. allen? >> thanks betty. the f

>> i just like that it has the apple insignia on the back. >> if it's apple it's good, right?> if it's apple it's good. why don't you tell me what you like about this watch. >> really, because it's apple. apple is the brand name i love. and i have the computer and phone and the ipad. so because it's apple, that would be what would impress me. >> so you'd buy anything? >> i would pretty much buy anything from apple. >> even a cassio watch with an apple sticker on the back? >> jimmy: i guess the answer is yes. [ cheers and applause ] >> jimmy: we never got the watch back either. we have a good show tonight. and our old pal bobcat goldthwait is here, music from common, be right back with chef gordon ramsay so stick around! [ cheers and applause ] so tell me about that at&t best-ever family pricing thing. its ten gigs of data to share with unlimited talk and text, and for a family of four, its $160 a month. $160 a month? sign us up. um, maybe we sign you up at the store after this. right, 'cause this is the... food court, yeah. it's the food court. at&t's best-ever family pricing.

the action. that's typically ahead of a big apple media event. regardless of the rumor, consumers have their own opinions about what they want to see in the new iphone. take a listen. >> i would like a better camera and a bigger screen. >> 3-d features, like really futuristic -- >> i want more battery. please do batteries that last at least one day. that would be great. >> i already have what i need. it works fine. it's great. >> reporter: okay. so that guy has an iphone, he's happy with it. if you're looking for an upgrade, the apple blogs, the analysts, i think there's three rumors that become a reality. they think the new iphone 6 would feature larger displays. the phone could use sapphire glass for its display, it's durable, it's scratch-resistened, and the new phones could run a faster processor. >>> timothys ultimately what he will see is a phone that's thinner, faster and lighter. he thinks it will please the apple camp. i to spoke scott if you weren. he thinks it would boast a faster camera and clearer resolution. regardless of what comes

. >> the patent war winding down between apple and samsung. l have all the details on their new agreement coming up after the break. stay with us. ♪ >> joining us for more on apple and the samsung patent is david in hong kong. good morning, david. what is the news? >> after years of legal sparring , millions in litigation costs around the globe, samsung and apple finally putting out joint statement that they're basically patent suitsese against each other, everywhere except the united states. that is the operative phrase here. we are basically looking at litigation cost jurisdictions in australia, south korea, japan, germany, the netherlands. as very complex, obviously, in different jurisdictions. but apple is saying is, you stole the iphone design. usingg is saying you're our wireless transmission technology without our permission. doesn't mean because you have a joint statement that it ends here. the statement went on to say that this agreement does not involve any licensing arrangement and the companies are continuing to pursue existing case

the dutch shipmaker is working with apple on technology to enable pay by touch in the new iphone. >>t's the nearfield communication. it's the mobile payment system that everybody's talking about, a way to tap into all those itunes users. what i think's interesting, nxp is fine, but from my perspective, within the patent for this, they actual mention virtual currencies, and that's a big thing for bitcoin, which i'm a big fan of. and in this particular era, if you can get apple on board with mobile payments and bitcoin, that's going to be very good for them. there's two trades off of it, one which is bitcoin in general, a great pace to buy it, and number two, silicon valley bank, sib, they service all the bitcoin processors, particularly coin base. and that's the way i like to play. >> and also taking a look at gt advance technologies, a reported supplier of apple, catching a downgrade, but bouncing back slightly in today's session. we had that analyst over at raymond james. >> you've got to respect his call. it is expensive on valuation and he's putting it out there, which i really li

the play. >>> and apple has been on an incredible run. we have a way to make even more money off the tech giant. >> bill ackman doubling down on herbalife? >> i'm going to say anything publicly. >> but we are. we're breaking it down in a special report. "the action" begins right now. i'm melissa lee. these are the traders here and in austin, texas. a serious terrorist threat in iraq and more concerns in europe. how did stocks respond? by logging the best week in four months and hitting a record high in the process. is this truly a bulletproof rally or is complacency starting to get dangerous? let's get in the money and find out. is the market right to shrug all these things off? >> we had domestic stuff here. this yellen speech in jackson hole today. 490 of the s&p 500 companies have reported earnings in q-2 and they showed 7.5 earnings growth year of year. domestically things feel pretty good. and a fed that may start to get a little more confident in the economic recovery and start to raise rates. that being says the complacency, you sai

the market. so interesting how apple's mere suggestion, or the suggestion that apple would have this watch announcement on the 9th of september has prodded its rivals into action. keep your eye on this story. we're going to hear some more as we get to that 9th of september announcement from apple. i want to move it on, while in the technology space, this is a great story. google are trialing a new drone. it's five foot wide, two and a half feet wide, and they say it would be a way of getting into the delivery market for them. and i'll tell you why we're interested in this story. we know amazon has been trialing its own versions, and this would, again, put google and amazon toe-to-toe in another area of technology. the big issue here, though, the faa is not planning to license any of these drones for delivery any time soon. and right now mostly in the united states they are illegal for commercial usage. back to you. >> obviously amazon and google, must be betting the laws are going to change and go their way eventually. and abercrombie, i heard this this morning, all my shirts with a and f are no longer

the tech sector overall. look at netflix, facebook, microsoft and apple all moving higher. cking the trend of the overall market today. netflix up 2.25% probably on the back of that hastings post, yeah. when we come back -- >> youtube killed the morning star? beating estimates, ceo joining us to explain why on a first on cnbc interview. >>> republicans coming out in force for uber. a gop official tells why his party is getting behind the car service when "squawk alley" continues. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ my mom works at ge. where the reward was that what if tnew car smelledit card and the freedom of the open road? a card that gave you that "i'm 16 and just got my first car" feeling. presenting the buypower card from capital one. redeem earnings toward part or even all of a new chevrolet, buick, gmc or cadillac - with no limits. so every time you use it, you're not

>> apple tv is doing well, although there are numbers -- >> i don't mean the little apple tv. i mean the television from apple. >> you know, all of my sources, everybody says it's coming. they're great -- >> sir walter isaacson said it was steve jobs' last big push. >> the problem with a big connected tv is that it's a lot of glass. it's a lot of stuff they don't necessarily control. i think -- i can't tell you that it's actually coming up with everybody that i talk to -- but everybody i talk to says it is. i know, for example, someone who worked closely in the cable industry now has a top engineering role in their tv department. i can't say who that is. and i -- i know he works on various stuff. >> what i think is most exciting about so much of what's happening now is that it's no longer just the big stars that go on television and maybe belong it a studio or something that can get an audience and can make content. twitch sold to amazon for about $1 billion. >> yes. >> and that's regular, people like you and i in their apartments, you know, selling -- >> people playing game. >

the timing. i also want to focus on japanese component makers for apple products. especially investors looking forward to the release of the latest iphone, which many analysts which part may be launched in september. and apple shares closed at a record high in the u.s. on wednesday. it's up around 25% so far this year. many japanese components go into making a lot of the apple products and some of the suppliers including toshiba, foster e lech trick will be closely watched among many others. so i'll keep a very close eye on that sector. also, let's not forget, asian investors may also want to wait for the flash reading of china. so i'm get a reaction relating to apple, as well. >> all right, ramin, thanks a lot for that. >>> the number of foreign visitors to japan has hit a record, monthly high. some have been attracted by a weaker yen. others from southeast asia are finding it easier to get visas. the number of visitors from mainland clooi that and indonesia more than doubled. last year, the number exceeded 10 million for the first time. more cruise ships are docki

is behind much of the partnerships with apple and silicon valley. he has really been behind doing a lot of the things that up pushed samsung forward in the smartphone market. technology, software, services, other things, he is probably well positioned both in terms of his prior experience with samsung and his own in terms of going in that direction. >> samsung is under global pressure in the meantime because of where the smart phone market is going. some fascinatingpushed samsung e details, he is a low-profile guy. he negotiated a deal with steve jobs back in the day to get samsung ships in the phones. how big of a job does he have ahead of him? >> he has a massive job. samsung is in a tough situation right now. going forward as you turn the page, i think the world has changed fast for -- faster than samsung has been able to change. he could be a breath of fresh air. if someone said recently to me, the combination of samsung and particularly google kind of lets a stream. it lets a stream about the possibilities. they experiment and try things. pick y

to the punch, announcing a smart watch just days before apple may announce one of the run. the gear s has a curved screen and can make calls without a smartphone. and, the video platform that has turned everyday people into global stars. later, we look at how you to has turned the entertainment industry upside down, and how hollywood is now embracing it. first, our lead story. deutsche telekom is not closing the door on its subsidiary t-mobile u.s., the nation's fourth-largest wireless carrier. the german company will consider a sale that values t-mobile at a minimum of $35 a share. earlier this month, t mobile rejected an offer from france's iliad and talks for a commendation with sprint. is another company going to get into the mix? cory johnson is with us in the studio, and from new jersey, john butler, an analyst with bloomberg intelligence. john, what is your take on this? >> look, deutsche telekom has been trying to find a way to sell t-mobile for years. they have wanted out of the u.s. and to carriers within the u.s., is an attractive prospect. this market r

and successful for the first few years after steve guys. but what apple lost was the guy who's said that is not crazy enough. to create of corporate culture it is the progress you were punished for not being enough of risktaker. so cook is not that guy that is beginning to play out that apple is upgrading and advancing the existing products really well and will continue to do that as profit margins get higher and the stock will climb but will fleecy the icon or the i found or the ipad in the course of eight years ever again? so the age of apple as the most exciting company is probably done. >> it was exciting for this same reason that intel was exciting and that was hardware could be the most exciting company? because there was oracle you cannot use the word customer relations manager so you had to talk about the ceo but a hardware company? >> that is why he will have fun reporting his i think we are shifting from software back to hardware. we billed stuff. if you look at tesla and though parable's being created. of embedded technology. for the us again p

stock is back to the old 700, the apple watchers make a cottage industry. the precise numbers, i look at it differently. i can't wait until the iphone 6 and the wearables come out. i will buy both immediately. you probably will too. so i want to own the stock. you probably should too. okay, there was a rough patch after steve jobs passed but can we now stipulate that it's much more shareholder friendly with the cash than the old apple ever was? and tim cook should be congratulated for listening to his co-owners and also innovating, executing fabulously. the last 3,000 presplit points they belong to cook. this stock deserves to be higher still. it's way cheaper than the average stock in the s&p 500? don't worry, apple will give you a dip. but will you take it? good question. now i have to skip around a little because i have to hit the biotech beaters. because there's a bunch of them. alexia pharma up, and then regeneral ron, celgene and gilead bringing up the rear and can you believe the numbers? imagine how much money you made if you bought $1,000 worth of t

the bulls continue to want to run into apple. think there's a little bit of a break to the up side but they're playing the launch that's going to be supposedly sometime in early september. we get the launch, iphone 6, everybody expects to see 101. >> it's about more than a launch, right, karen? >> that's part of launch, right was the peak. i have a question for pete. how much pressure is there for this thing to close that week at 100 because the open interest on the 100 is strapped? >> there's absolutely no doubt. there's huge volumes. we talk about volumes all the time. i think people are looking a the the $100 level. guy brings that up. people bring that up all the time. that seems to be the ceiling. to guy's point, you have 10% to the up side looking at over 110. the guys short of the 101 calls will get nervous to want to buy back some of those shorts. >> i think you get your real good beta play. if you're long apple, it breaks through that level. gtad is through 100. >> there's also word they're going to use that glass on the

the market. hat i wearnvestor gloves apple. cheap that as long as the products can plug in and turn on some of the stock will be fine. the real question for apple is when we are going to wake up and realize that the cloud is the future of their world. their cloud product currently is terrible. it does not need to be. they are apple. >> is a phone with a bigger screen enough? >> i don't think it matters. new is what matters right now. apple has several things that went into the most recent current phone that are really tremendously innovative. one is the fingerprint security. another is airdrop, the local sharing of files. those things were only on one that as things spread around, they become much, much more valuable. this generation will take that forward, but we are no longer in the early days of cell phones. it's really hard to get people excited about cell phone today. and ideallyproducts they will be great even if they are only ok, they are still going to be good enough because the stock is trading for significantly less.