the question is will they have the same result with apple. roline: the question is how long will this relief rally last. anand srinivasan, thank you very much. now, another company out with earnings, ebay's first quarter profit was $.49 per share on revenue of $2.2 billion. it gave a dimmer outlook in the current quarter it is trading in as it struggled with its turnaround. it gained almost 2 million active buyers in the past quarter, but it's up against an industry dominated by amazon. check in on my bloomberg. shares have been pretty volatile in after-hours trading. currently trading down one percentage point. they just peaked above the flat level. coming up, the life of an apple supplier is about to get tougher. details on the company's expansion of its designer components, next. this is bloomberg. ♪ caroline: in wednesday's trading, we saw a little bit of mixed trading action from the major trading averages, but there was one big laggard. let's go to abigail doolittle in new york with more. abigail: to your point about the trading action a

the apple 2 remained an apple product for 17 years. ibm joined the party. apple took a full page ad that said welcome ibm, seriously. had very important job of legitimizing personal computers for business. most businessmen looked at these computers like the apple as basically toys, suitable for home or educational environments but not for business. ibm's entry into the field in 1981 to put a stamp of approval and legitimacy on the pc. you could actually do business types of task. ibmm's initial strategy was toll protect the main frame at all costs. that is what was generating their billions of profits. the main frame is a room-sized computer filling up hard drives. the ibmpc was something that would connect to those main frames and later that would stand alone and be used by an individual. we are now in the networking and web gallery. what we have here is google's first web server. so at the time, google was a small company with limited funds. they built their equipment on the cheap and went to a local electronic store and bought compatible circuit boards an

the only way apple could go out of business is if it merged with google and changed the names slightlyst a joke. caroline: that was apple cofounder steve wozniak. volkswagen is gearing up to take on tesla. the german company planning to roll out more affordable electrical vehicles. audi is also debuting a battery upscale crossover car to introduce in 2019. this is the chance for volkswagen to emerge from the diesel cheating scandal and comply with tightening emissions regulations. coming up, president trump has called the h-1b visa system a cheap labor program that takes jobs from americans. now he is taking actions to combat it. his latest move ahead. and a feature we would like to bring to your attention is our interactive tv function. you can find it on the bloomberg. you can watch us live or see previous interviews and dive into any of the securities or functions we talk about. become part of the conversation by sending us instant messages during the show. this is for bloomberg subscribers only. check it out at tv . this is bloomberg. ♪ caroline: president trump is taking actio

on the other hand, the samsung features, six months before apple will have this lunch in the fall. omes at an important time, even though apple will retain the same form factor for three years in a row. we'll see. run, set up to hit a home so they better come through. i think they will. caroline: you think they will. we urge all of you to check out their stories. bloomberg technology is mark gurman who broke the story, shining a light on the supply chain. thank you for joining us. whoking with apple, the man cofounded the world's most valuable company says he's confident apple will remain on top of the game for the next few decades. we sat down with steve wozniak and ask about the disruption technology causes and where he stands in the midst of it all. >> disruption doesn't necessarily mean on a big scale, all jobs. disruption to me means a company comes across with a new idea, a new approach, and everybody says, oh my gosh, that's the wave of the future. a lot of companies get disrupted. they get put out of business. that's what disruption means to me. you are talking about with hu

talk to us about the news coming out. alex: appleas been buying chinese energy sources in order to facilitate these sorts of contracts with its suppliers. on the supplier part, as you try to cozy up to apple, as we have seen from this example, these guys can be a little bit vulnerable. they are doing as much as they can to get in apple's good books. there are economic advantages as well. caroline: it's a bonus for apple longer-term if they have a clear picture. alex: full credit to apple for trying to get renewable energy sources. it has huge advantages for the environment. but there is a financial incentive, as well. the way these things work, you sign a 20 year to 30 year purchase agreement with an energy supplier. that locks in a particular price you are going to pay for your energy over that period. if it becomes cheaper on the open market, you can still go for that cheaper option, but it gives you the ability to predict how much you are going to be spending on energy for the years to come. caroline: money talks, david. it's inte

very few personal computers at the time offered color. apple actually kept itself afloat for many years. the first few years of sales of the lisa and the mac were very disappointing, and it was only because of strong apple ii sales that apple was able to stay in business. remained the apple ii an apple product for an astounding 17 years. apple took out a full-page ad in the wall street journal that said welcome ibm, seriously. the ibm pc when it came out was not the most advanced computer but have the very important job of legitimizing personal computers for business. until this time, most businessmen looked at these microprocessing-based computers as basically toys suitable for home or educational environments but not for business. it took for ibm entering the field to finally put a stamp of approval and legitimacy on the pc. ibm's initial strategy being a purveyor of mainframe systems was to protect the mainframe at all costs. that is what was generating billions of dollars. the mainframe computer was computer a room-sized filled with spinnin

the sky, space. applethe leading experts in satellite hardware technology, both from google. they worked at a company called skybox earlier and produced satellites as well. we are not 100% clear on what apple will be doing the space. now they have a hardware team with two of the best in that space. we will see what they are up to. caroline: david, get in here. david: when you hired gurman, they called him a scoop machine. he keeps turning out amazing stories about apple. i think it makes sense because apple has this extraordinary valuation and resource of capital. they are basically a rich people's product company. the real growth opportunity to make them go to the moon is if they can go global and get everybody or make it possible for literally anyone to buy an apple product, which is not true in most countries. if they can provide satellite internet access at a speed comparable to what we have with cellular, that is a huge thing. my gosh they could sell special , devices for people in botswana that would

apple. alex: that's the foxconn parent. caroline: they have started to perhaps drop a few of these suppliers. is this a worrying time to be an apple supplier? alex: it's always worrying. they can drop anyone or take anyone on at any given moment. that's why you do as much as possible to keep apple on your side. because of some of the pressure we are seeing in the mobile phone industry, the smartphone industry, there is perhaps a greater impetus for apple to try to do more going back into the supply chain, to try to own more of that technology in order to wring every last dollar that is possibly can out of the iphone. they own all of the shops in which they distribute and sell their phones. that is forward-looking integration. in the opposite direction, they are doing more and more independent to own the fundamental technologies which underpin the iphone. caroline: and support their margins, perhaps why they are going after qualcomm. optimist orre an pessimist when it comes to how much apple can rejuvenate themselves and be t

the u.k. chip supplier to apple. the stock down 62%.e news apple is no longer going to be using their technology, more than 50% of revenue for the company. he is nott told us surprised by this. apple is a difficult customer and they play hard to get because they are the giant and it is not just about revenue loss. it is about m&a speculation apple was going to buy the company. with apple no longer using their intellectual property, it suggests the takeover possibility is gone. the shares are suffering. or is precedent for this. 7413.e a look at g #btv we have qualcomm in orange. qualcommnd the peak receiving 10% of the revenue from apple. around this time in 2015, in the second quarter of that year, rumors started to emerge apple was going to cut the cord from qualcomm and sure enough that became fact. we have apple trading higher, up 13% over that time. qualcomm down about 17%. the analyst at things less than 10% of their revenue comes from apple at this point. there are some suppliers who may be immune to apple playing hardball. today

apple. i'm looking at the supply chain. i can see apple provided more than 50% of revenue. is why we saw such a phenomenal move. >> it is the walmart effect. they walmart contract can make or break a company. it is the same thing in the electronics supply chain. if you get into the iphone, that is good news. on the flipside, the moment apple decides to take the contract away, you are in a pickle. caroline: the biggest move ever. what is interesting is apple is also a loser because it is one of the biggest shareholders of imagination technologies. >> apple is a loser of this since it is the third biggest shareholder in imagination. on the flip side, half a billion for apple on the books is small compared to the company. it is a $750 billion company. it will feel a little pain. equally, it is securing its supply chain. that means the margins it can generate from its phones are increased significantly. and that half a billion pounds apple might have lost will be money can be made up easily elsewhere. caroline: they can start making their own chips. this could end up in court.

runline: this story will and run, the battle between apple and qualcomm. blic courts, more of an arbitration, but still. ian: the way to look at it is qualcomm immediately says this has no bearing on anything we are doing. it is something we agree to be a part of, nothing to do with anything else. in andpon what it is based upon what it is trying to say, it does not look great. caroline: let's quickly turn our attention. again, at the beginning of the week in the news, perhaps finding a little more competition coming from india, and also, once upon a time, they were on the acquisition trail. cory: the context is important. amazon will try just about anything. it will throw a lot of things against the wall to see what will stick. they're willing to try and fail at things and move on. buthave seen them do this it is interesting to see them considering a physical presence , thelot of different ways amazon store they are trying to get open in seattle. i think the success of amazon web has changed the company and what they're willing to take on an experiment wit

accused of stealing from the apple store

i believe it's tentative to apple and that may be one of the reasons that we see apple setting up thisffice in palo alto and not in cupertino because they want to keep it separate from the bulk of their business focused on consumers and not the regulated medical space. >> christina, this has been talked about and we talk about it being a holy grail of body metrics. a lot of chatter that google was making strides with a contact lens that could do something similar. i wonder if that's competitive or if eventually this is going to dovetail into one product. >> we've absolutely seen google try this as well. now they call it their life sciences arm attempting a contact lens that can do the same thing. noninvasively measure blood glucose on a continuous basis. the difference is that we see alp alphabet partner up with environmental aspect and google brings engineering schools to the table so they are working with alphabet on this. it's something we could see them working on together. more than likely we'll see partnerships between the tech companies and life science partners. >> it's a great

police are looking for your help to track down some smash-and-grab thieves from the apple store. >> abc 7 news reporter is live in the village with new details on the suspects. >> police say their focus today is trying to get the surveillance video from the apple store here to figure out who is doing this. here's a look at what the store looked like after the robbery here. notice the counter tops with empty spaces. police say five young people, teens or early 20s, and grabbed lek tonics and ran away. there were a few customers still inside. >> must have been shocking for the people working in the store. you don't think of that thing happening when a store is open like that. yeah, not -- feels uncomfortable. yeah. >> i think it's terrible. aren't there people watching? isn't it all recorded? i would hope it would be. >> reporter: there's been several attacks, mostly during the holiday shopping season. this is video of a group stealing from the san francisco store on chestnut street in december. the store's in berkley, palo alto have been hit with similar attacks. all the police departmen

that's getting to be b a bigger and bigger piece of the apple earnings. i think that will accelerate and continue as well. >> are you going giddy up on more calls going into the quarter. still in the stock. been in the stock for a dozen years or whatever, but i continue to add options when it comes closer and closer to events. i think this is one of those events. i'll probably be in calls. i'm not in any calls in apple. >> got to move on on the technicals. ari wald, welcome. great numbers. >> thank you. >> pretty good stock moves today. what do you see in the chart sns. >> i'll approach it as a momentum investor here. really three rules to abide by. one, let your winners run, three, buy on pullbacks. do not trim these positions because they've run. these are winners for us. stocks we like. really to make the case, why we think this can be an area that continues to outperform versus the market through the course of 2017, you want to look at the performan versus the s&p 500. the cues are breaking out of a year long range. we're at this difficult point where

however the apple technician told her the finish on the phone were different from the real phone. technician plugged the phone into the lap top to read a serial number inside the phone, his report said it didn't match the serial number for the exterior casing. >> his words were this is in the an apple product. >> reporter: he denied a repair, so nicole took it back to at&t. >> that gentleman told me at&t does not sell counterfeit phones, and i said but you did. >> reporter: a trk and t says she must have had it remarried at a third party shop but nicole said no, because she had apple care for repair by apple. nicole saw similar complaints on social media, like shoutout to at&t for shipping me a fake iphone. she posted her story on facebook. >> it was like call michael finney, and that was the most common advice i got. >> reporter: and nicole told us that it looks like any other iphone 6 but it never did work perfectly. >> it would turn off at 30%. >> and recently the speaker stopped working. we contacted at&t and without agreeing that the phone was fake, did agree to refund her mo

uses, how do you explain the quantity of power? four applef, we looked at it and said, our carbon footprint is 38 million metric tons a year. that is more than some small countries. if you look at in the world, the average is point 1% a day of what the world does. say is youthings we cannot change the world and deal with climate change if all you do is make yourself green. apple is about innovation, about being the first to something. when we find something, now the idea is, how can we help our suppliers get green, how can we help our customers feel good about the clean energy they may be able to access, and that we are asked exiting on their behalf for things like facetime, or when you send and i message, know that that is running through a data center running on clean energy. how do we make that connection for people? we aren't sound like huge, except 38 million metric tons is nothing to sneeze at. remember touring a data center in western north carolina, used to be a furniture making town. because of the infrastructure, they needed access

however the apple technician told her the finish on the phone were different from the real phone. technician plugged the phone into the lap top to read a serial number inside the phone, his report said it didn't match the serial number for the exterior casing. >> his words were this is in the an apple product. >> reporter: he denied a repair, so nicole took it back to at&t. >> that gentleman told me at&t does not sell counterfeit phones, and i said but you did. >> reporter: a trk and t says she must have had it remarried at a third party shop but nicole said no, because she had apple care for repair by apple. nicole saw similar complaints on social media, like shoutout to at&t for shipping me a fake iphone. she posted her story on facebook. >> it was like call michael finney, and that was the most common advice i got. >> reporter: and nicole told us that it looks like any other iphone 6 but it never did work perfectly. >> it would turn off at 30%. >> and recently the speaker stopped working. we contacted at&t and without agreeing that the phone was fake, did agree to refund her mo

coming up, shares of longtime apple supplier imagination technologies had the worst day ever after appleaid it will be cutting ties with the u.k.-based chipmaker. we dig into what is next for the company. this is bloomberg. ♪ caroline: since the u.s. election last year, criticism over fake news has reached fever pitch. a new initiative is being launched to combat declining trust in the news and to advance media literacy. the program is being run by the graduate school of journalism and funded by facebook and other academic and tech leaders. the group is called the news integrity initiative and plans to back applied research and hold meetings with industry experts. now, the u.k. tech company imagination technologies is feeling pain. on monday, the chip designer announced apple would no longer be using its graphic technology within the next two years. the news sent shares down more than 70% at apple is one point. imagination's largest buyer , providing just more than half its revenue. joining us to discuss is alex webb who covers all things apple. i'm looking at the supply chain. i great l

apple and facebook up 24% on the quarter. apple on the iphone 8 everybody is looking forward to.acebook on a strong december quarter. facebook fell about 10% so a rebound from the worst quarter since 2012. some strength. as for what is ahead, much of it could come down to apple. take a look at 7346. this is a longer-term chart of apple. towards the right is the quarterly candle showing apple up about 24%, the best since 2012. the point to be made is we see these rounding areas. the last time apple did have the massive quarter in 2012, it stabilized in a sideways pattern before falling down sharply. we see that has happened a few other times when apple has moved up quickly. it will be interesting to see whether these gains hold. that is one thing to keep an eye on, apple. when we look at the chip sector, lots of strength across the board. some of the big names, both apple suppliers getting a boost. amd, the turnaround continues, up 800% from its 2015 lows. valuation is a concern. between apple and evaluation of the chip sector, these are important factors to look at in technology

i want to get your take on some of the bigger tech giants we have seen. appleall trying to get into india with varying degrees of success. who has the right tactic? >> there are a lot of companies trying to make their way into india. over the last couple of years, we have seen a little decline in the venture capital market in india, meaning a lot of the financial players are pulling back slightly because of things like cash burn. that being said, some of the larger players that are larger global companies like apple and amazon are making their way into india. the reason they can do that because their time frames are long. a lot of these companies do not have a five-year timeframe. they had a 10 or 20 year, multi-decade type timeframe. in those circumstances, they can actually play there. you see apple trying to get into the smart phone market. it is difficult because a lot of people in india don't have as much money to spend on smart phones. obviously, the apple phone is much more expensive than some of the lesser priced android units, but they are trying to ma

just think about all the times you use your apple machine. get into your normal car and the display in the center stack there is sometimes really difficult to operate and something that auto makers have been game for for the last 30 years having to struggling to figure it out. >> and looking into how functional they're going to be. people would say there's no way i'm going to get a driverless car. but obviously these companies think it is going to happen. what do you think is the time line for that? >> the time line is unclear. this is technology that's still really unproven in the day-to- day life. the companies that are pursuing let's say they expect to put some vehicles on the road in the next few year, potential 2020, 2021 that's what they're racing for. the idea among some of the early leaders is they put this technology out through controlled settings and controlled areas to work out the bugs and spread the cost over kind of a working fleet. >> i know apple is pretty top secret company. you have any scoop in regards to whether they're do

piercing the skin and taking blood. >> reporter: the sensors could be used with wearable devices like the appleatch. >> have something like that while i'm working or on the go would be incredible. >> reporter: still, such game-changing technology is likely years away. help us understand how difficult this task is. >> the sensor has to emit a light and go through the skin into the blood stream, find the sugar molecule, out through the skin again, back to the sensor. >> reporter: more than 29 million americans have diabetes and a new study finds among young people the disease has risen over a ten-year period an almost 2% annual increase for type one diabetes and close to 5% for type two. >> when i give you a finger prick to check your blood sugar, does it hurt? or do you not even feel it anymore? >> sometimes it hurts. >> reporter: 6 years old oscar checks his blood every two hours and would love a perforation vacation. >> less pricks is great. as long as you can be confident it's representing the correct blood sugar. 7.5. >> reporter: with tech giants like apple in the fight, they are hopeful. j

the new products from apple? of a people focused on the technology industry who would be chatting about it. that isn't the focus of the people here on the floor of the new york stock exchange. many thanks. a quick look at some other business stories we're following today ineos have struck a deal to buy the north sea pipeline for £200 million. it can spread to £250 for a day, around 40% of uk production. it is one of the oldest in the sector, having started operating in 1975. electric car firm tesla has just announced a record quarter delivering 25,000 cars in the first three months of the year. that's up 70% on the same period in 2016. tesla is about a launch a new slightly cheaper car, the model 3, costing £28,000, their current models are both priced at more than £56,000. and consumer giant reckitt benckeiser could be getting rid of some of its food brands. it's carrying out a strategic review which could result in brands like french's mustard being sold off, saying they're ‘non—core'. reckitt also makes cleane

why on earth would apple drop in the first place? sically apple is taking components that they used to buy from other companies and designing them themselves in house. there's loads of reasons why apple would do this. battery life on your iphone and everyone was always complaining about battery life and they are going to design their own ships internally for power management. ultimately if it does a better job than dialogue, your iphone battery will last longer. vonnie: apple is taking similar steps with other suppliers. we saw that massive drop last week with another company. are there suppliers left that are terrified now? suppliersquite a few who are falling in trading today as well. a big european chipmaker is down quite a bit. irrus logic is down today as well. a couple weeks ago, imagination technologies was the one that got hit hard. it's the same story that not only does apple design the same component in house, but they actually hire some of the best people from its suppliers to pull this off, which is kind of a double blow f

only has apple music, which was supposed to be the competition for spotify and youtube, and nowa testbed for different video projects. this is led by a famous record executive. carol: you write in your article that this is about apple keeping people tethered to apple products and the iphone specifically. >> yeah, apple makes two dollars out of three dollars selling iphones. it is the house that steve jobs built. the best way of keeping people tethered to the iphone is with services they hope that gives people a reason to use the iphone instead of any competing products from samsung, google, and whatnot. you have seen the rise of different apps and services that could cause people to abandon the iphone. or feel that it is less special. the iphone has been presented as a symbol of cool for so long, now most phones look more or less the same, so one way to keep ahead of the competition is having something like apple music, a service people love and can only get on that phone. carol: thanks to netflix and amazon, we have seen nontraditional content companies create content, content

the apple store in walnut creek was hit by thieves. (steve) five men were wounded in three unreleated shootings in east oakland last night . the first happened on e street just before 6pm. that shooting injured three men, one of them remains in critical condition. . the second shooting happened on avenal avenue just before 9:30. that shooting injured one man, he remains in the hospital with life- threatening injuries. the third shooting happened on sunnymere avenue just after midnight. one man was shot and remains hospitalized. police say no one has been arrested for any of the three shootings. (pam) coming up.new details on the search for a 5 year-old california boy..missing since last week. why his father..arrested on suspicion of child abduction...is now out of jail. (steve) then:ivanka trump on her first international trip in an official white house role...gets booed.find out why... (pam) and next:heroin overdoes spiking in one bay area city. we'll tell you where a potent batch is blamed for the deaths of five people.

that's the rule in the phone industry. apples saying, you are paying a percentage of the full price of the phone. there are so many other things in the phone. why should i be paying for these things? caroline: do you think it is all out more? >> absolutely. the expectations qualcomm had a week ago when they gave the forecast you just mentioned, , we don'txplicitly really expect apple to do this. caroline: when you are looking at how much they cut their profit forecast, it could be as much as 30% more, 30% less of the top of the range in terms of earning per share guidance. how much would this be done if supplier start being lent on by apple and they follow suit and stop paying qualcomm? >> is sick obligated situation. -- its a complicated situation. qualcomm has taken $5 million out of the quarterly revenue. on the licensing revenue, apple indirectly through its suppliers is paying $2 billion a year in licensing revenue. it's almost pure profit and that's a lot of money. this will run and run. it's already been five years accord

. >> the apple is denser. >> it doesn't matter. flies through the apple. key wee. tomato. shot of the whole video is this one placing the camera upside nooet the banana. you get an idea of how quick this drone is. i thought this was a ridiculous video and one that i love very much. >> it's oddly fascinating. >>> it's women modeling with their greatest fears. big spiders here. >> not only are they going to meet these creatures that they don't like, they're going to pose with them. >> no. >> see how the z1we5z zi0z y1we5y yi0y you could build this thing. problem solved. done done done. >>> changed its name to boldly and these ladies in this video are going to have to be bold because they're going to face their biggest fears. >> i'm afraid of spiders. >> i am deathly afraid of birds. >> i [ bleep ] hate cockroaches. who doesn't? >> i'm very, very [ bleep ] afraid of snakes. >> not only are they going to meet these creatures is that they don't like, they're going to pose with them. >> no. >> with assistance from isis king -- >> you're going to have this and it's going to be am

the company is collaborating to create the apple watch nike lab. it comes with all the features of the apple water and integrates the nike plus run club app. according to the blog mac rumors, the watch will only be available on nike' website or at nike lab locations starting next thursday. >>> good morning, everybody. as the old saying goes, last night, three periods of play- off hockey, not enough for sharkie's machine. they were in a critical overtime game 5 number. i got the story in a jiffy. ,, ,, for years, centurylink has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than centurylink. we do business where you do business. ♪ ♪ >>> a live look if he bay >>> good morning, everybody. you miss me? don't answer that. we got the nhl play-offs up top here. let's just get right to the san jose shar

to me they're the ones that have more surprise. apple's going to be more -- you can look down the road and see what's coming. >> straight equity i also would be with you just because i think we are obviously at these very heady levels at this point. i think apple presents significantly lower downside potential risk. however that said, given the momentum that facebook has had, given the fact that that's really the bigger grower out of these two, if there's a way to play it with options, then i might lean that direction. >> i wonder what kind of trade you're going to have. carter? >> so i'm going to go with facebook, which means it's two to one. let's go look. i want to start with the whole -- we'll do apple and facebook first. first the bigger situation is this maybe how it all ends? apple, what? well -- i think you could draw the lines like that. something of a head and shoulders bottom. the question is has the head and shoulders bottom played out? what's the price objective? typically it's to the high, maybe through the high a little bit.

vonnie: still ahead, the power of apple. appened to one supplier when an analyst warned it may be falling out of favor with the tech giant. this is bloomberg. ♪ ♪ mark: live from london and new york, i am mark barton. vonnie: i am vonnie quinn. this is bloomberg markets. shares of dialogues semi conductor plunging after an analyst warned apple will cut back on use of the company's chips. frankford with why the warning had such an impact is aaron reckitt dello. on the frank failing -- frankfurt stock exchange, this is a massive deal. is apple the only person that ?ere -- orders from dialogue wethis is the second time have seen these actions happen in this space of a week and a half. the trade on the frankfurt apple forthey rely on some 74% of their sales. , they are aey make specialist in these power management chips for the iphone and ipad. there is reports today from a german bank that said apple was starting to ramp up its own development for these power management chips and that dialogue was at risk and downgraded them to

the apple watch. side in maryland with one touch, the young driver able to call 911 on his watch. also sent a text message to his emergency contacts with his location. firefighters and his dad arriving quickly. >>> up next, saving a baby's life. in desperate need of a transplant his parents didn't have to look far to find a donor. stay with us. e wolf huffed and puffed... like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems. symbicort may increase your risk of lung infections, osteoporosis, and so

he cut the apple up in little pieces and brought it around at all the kids ate the apples. i said that is amazing. some of these kids are losing their teeth. it hurts to bite into an apple. know your audience. those are the kinds of things that are so readily understandable when working in the field, in schools, working closely on these programs but not so clear in washington. i am sad to say. it is important you engage all of us in the coming weeks and months so we continue to move forward and not go backward. it is too important and let me finish with this. some people say i am a bleeding heart. i will tell you honestly my heart does bleed for people i bump into. when you see a child who is hungry it breaks your heart. when you see senior citizen who is regularly going without food and trying to afford prescription drugs in their food it breaks your heart but we can fix it and so i believe we can end hunger in our lifetime not only in this country but around the world. if we just had the political will so thank you for having me here. [applause] >> we will do some q&a now

the possibility of apple buying disney. hind, rbc capital's steven cahall. nice to have you here. >> thank you. >> it's not an idea that i have to say is completely foreign to those of us who speak to a lot of investment bankers who also like to dream big. but it's probably a dream that's never going to be realized. you know that, right? >> i think we do. i think we wrote this morning that the probability is now above 0%. but really the impetus for our note is i speak to institutional investors all the time. and it's increasingly coming up in those conversations. probably more than 50% of conversations we have include this thesis to some extent. so we feel like whether we think it's high probability or not it's increasingly in the narrative. if it's in the narrative it's in the stock and we might as well put pen to paper and it's a fun concept to explore. frankly, we have talked about it in the past and in reference to the interview with john malone where he brought the idea up and people paid attention. you do talk about it

find news of the day and podcast originals on apple's ipod apps. usual watching "cbs this morning." tedhealthcare, you can get rewarded for all kinds of things... like walking. hey, honey. dad, where's the car? thought we'd walk. he's counting steps. walk, move and earn money... goal! dad... hey, we wanna welcome everyone to the father daughter dance. look at this dad, he's got some moves! money you can use on out-of-pocket medical expenses. he's ok, yeah! unitedhealthcare ito treat your toughy nasal allergies... ...listen up. unlike pills that don't treat congestion, clarispray covers 100 percent of your nasal allergy symptoms. clarispray. from the makers of claritin. bryan denton: we spent almost the entirety of the next 10 hours under fire. you know, everybody was very focused, looking out the window, scanning for car bombs. being outside of a vehicle was suicide. to say that i wasn't operating at a constant level of fear, i'd be lying to you. if i didn't believe in the importance of journalism, i wouldn't be able to continue to do this work. ( ♪ ) i'm bryan denton, photojournalis

that is what has anded to your nvidia and your amd stocks, that's right, investors flocking toward the applenvested stocks. nothing wrong with either company, on the contrary, they're doing great, but portfolio managers want to play the apple cycle now, provided apple doesn't crush it's supplierings and they're using their big wins in amd and nvidia to do that. >> caller: jim, you're a rock em, sock em robot, but me, i'm just trying to get rich carefully. which brings me to my question, this hewlett packer enterprises which formed vxe technology, i'm holding the hp shares. >> i'm talked with scott berman, i have been waiting for hp to dropback to 17 where we would pull the trigger and buy more, but dxc never comes in, we kept the position, 52 high today, what a monster that is. no, do nothing, but thank you for the kind words, frank. sometimes the market could turn without being the particular stock's fault. if you're in nvidia or amd, don't worry, the companies are doing fine. >>> then with oil back at $53 a barrel, there could be something looming on the horizon for crude, may not be what

whereu an optimist about in deed apple and the big tech players will remain? ll we see facebook, google, and apple still the top most viable companies in the world and that time do you think? >> know, there are always new things that become these huge entities that take our life sometimes in a new direction. apple, google, facebook will still be huge and large. the trouble is you get to a certain point of wealth that 60 years is too soon a time to disappear and go out of business. the only way apple could go out of business is to merge with google and changed its name. just a joke. caroline: that was steve wozniak. tablets, appleve let' controls 25% with its ipad, but can it keep up? market government got his hands on the latest ipad and new red iphone and took a closer look. this is the cheaper ipad, $329, the cheapest apple has come out with. you will want this ipad if you are buying in bulk. save untilooking to an ipad pro model comes out, it is good especially if you don't need support for the smart keypad or stylus. the new ipad is faster than old ipad air

he cut the apple up in little pieces and brought it around. all the kids ate the apple. he said, wow, that's amazing. some of these kids are losing their teeth. it hurts to bite into an apple. you have to know your audience. those are the kind of things that are so readily understandable when you are working in the field, when you are in schools, when you are working closely on these programs. they are always not so clear here in washington i am sad to say. so it is important you engage all of us in the coming weeks and months so that we continue to try to move forward and not go backwards. it is too important. i will finally finish with this. some people say i'm a bleeding heart. honestly, my heart does bleed for people that i bump into who are hungry. when you see a child who is hungry, it breaks your heart. when you see a senior citizen who m is regularly going withou food because they are trying to afford their prescription drugs and their food, it breaks your heart. we can fix it. i believe we can end hunger in our lifetime, not only here in this country but around

so we actually put more people on the project than apple did and did the early application software thatd that mouse-graphics interface. and so, it was a huge win both for microsoft and for apple when the macintosh became so successful. david: when your mother first set, -- when your mother said first that i would like you to come and have dinner with me and warren buffett will be here and you should meet him, you didn't seem interested? why is that? bill: i thought he was -- not curing disease or a cool piece of software. and the idea of looking at volume curves -- that is why it was so shocking when i met him. ♪ ♪ david: so your company grows, becomes successful. at what point to you say, i have made a fair money and i don't need to do this anymore? i want to do something else with my life? bill 1995 was the big year where : we shipped the product, hadows 95, and we always the greatest staff at engineering but we really emerge , as the successful company. started thinking about wow, you know, there is a lot of value here at microsoft. what have other philanthropists done historically?

apple's ceo tim cook called her wicked smart and the 56-year-old took us inside apple's updated storese only on "cbs this morning," she explains how world's most valuable company sees the future of retail. >> i was thinking about this because this was the first redesign in 15 years and it was steve jobs and rob johnson who did the first design of the apple stores. did that weigh on you? >> oh, my gosh. >> following in steve jobs' footsteps here. >> you know, i think that anything you do at apple you feel a tremendous onus. you want to carry on the legacy of what it meant. our people, and our job is tone rich their lives and change the world and so i think that's the bigger pressure you put on yourself. >> this is our store. >> it was in 2001 that the world got its first look inside an apple store. >> we're so excited about this. >> reporter: but now the look and the feel of the stores is changing thanks to angela arendts. >> we have a screen like this in hundred stores, senior vice president of apple retail. >> how will we see the stores change? >> probably the simplest way to describe