i just spoke to tim cook. also the cfo. a very bullish outlook heading into the holiday season. in fact the u.s. economy to them looks very strong. i asked them, given that the interest rate cut that we got today from the federal reserve, does that help the consumer. from what they see, tim cook feels very good about the u.s. as for china, china has been really a laggard this year. he says that the bottom was hit in december and january. things have picked up. in fact for this year they might be down in terms of sales in china down 2%. which is not bad, given where they came from. the lagging iphone sales that really hammered the stock at the start of this year. as for tariffs, given that tim cook speaks a lot to president trump as weave seen, i asked him about u.s. china trade, how is that going right now? he doesn't know if the u.s. december tariffs will be repealed. ipads and iphones might be impacted with 15% increase in tariffs, from what he sees, he doesn't know anything we don't know, he is just going off what he has

how has tim cook been able to walk that line where people aren't saying, oh, shame on tim cook and throwur iphone the google pixel. >> that's a really good point hooch more than 97% of political contributions coming from apple employees have been going to democrats. for that matter, most of the u.s. business community, 70% republican for major businesses were not supportive of president trump in 2016 and again now in our surveys most are not voting for his re-election. nonetheless, and tim cook doesn't get political, but he also doesn't come off as haughty. whether or not either side of the aisle finds themselves with tim cook, he talks rationally and takes independent issues on a couple issues such as on immigration policy early on was one and climate issues climate concerns where he has put out messages to employees but would go to the white house first, often jared kushner and give them a heads up warning and wouldn't make it personal to explain why they take a different point of view. that's been very effective the advanced warning plus he has celebrated the administration sometimes

the strategy of tim cook to rely less on iphone sales, that seems to be working?iphone sales, tim cook realises it's only going to grow so much so then it's about how do you get more revenue out of end users and if you look at it, it's very closely tied to the iphone. it's still very crucial. it's important to keep the momentum going but at the same time, keep growing its other product lines and services. of course, still among many consumers, the company is known as an iphone company. that sector faces a lot of competition, doesn't it? it's remarkable with the iphone11. with its earlier product, the competition was rising much out of iphone because of some of the photography options, with the iphone 11 series, apple has come back in the race and a lot of people are buying a new iphonejust a lot of people are buying a new iphone just because of that. staying with the text, south korea's samsung says chip sales should pick up in 2020 after the company reported a 56% fall in third—quarter operating profit. the company is reeling from a prolonged industry downturn bu

soon. >> tim cook first of all is a brilliant ceo.or a dynamic, brilliant company. what i don't understand is when people that smart come together in their first thought is to file an amicus brief mother then take the 443, is that correct? the number of dreamers in the employ of apple instead of sponsoring them and moving them into citizenship with united states. this could have been resolved from the time i'm going to guest taken medium points at which they joined apple. they could be citizens by now. this is an absurdity. it is really i think a much lower standard that is being compared to apple than is their form and any other parts of their business, if indeed this is part of their business. >> i have to tell you, we have been talking immigration forever. we have watched out both parties have sat around talking about it dan never got anything done. the word is clarity and the words are lack of clarity on anything. look, these dreamers are here. let's come up with something, let's get it on and it keeps getting past and past and pa

anyway, moving on to tim cook.on state tv's primetime show tonight where he along with other members of the ching hua university board for the economic and management school were sitting at the great hall of the people, which is a major government uilding, for an important one on one or not one on one but an important meeting with the vice president of china. so in that meeting the vice president was talking a lot about the importance of china and cc tv was reporting that cook and other executives congratulated the government and expressed their willingness to deepen cooperation with china. hao bei hook is a board member of the school he comes to china for the events he also met with the chief of the market regulator and the regulator had said in a statement that the two discussed apple and protecting consumer rights apple was roundly criticized for an app that hong kong protestors were using to track police that app has been pulled from the app store. >> we're going to get back to walter two lane professor cnbc co

tim cook is. what have you got up on the program? >> our panel, mr. of the panel. also miss trish regan is part of the panel. this whole kerfuffle what colleges are doing in california with regard to their athletes. we have mr. herschel walker, one of the best runningbacks ever in the envelope. heisman trophy winner. he is against the california law. a lot of athletes came out in favor, that college athletes should be able to hire agents and endorsements. he is not in favor of this. he is kind of old-fashioned, believes in the athlete f you're an amateur athlete you shouldn't get paid period. he will defend his position. herschel walker, lou dobbs, we have a lot going on. melissa: thank you, david. we'll watch "bulls & bears" right after this, 5:00 p.m. eastern. connell: that's right. a 20 million-dollar deal with the latest drugmaker sidestepping an upcoming opioid trial. what it could mean for the escalating crisis. we'll talk with one pharmaceutical ceo about the effort he is making to cush the epidemic. that is coming up next. with sofi, get your

the ceo of one of the largest software companies stepping down after 10 years at the helm apple's tim cook defending his decision to pull an app from the iphone "worldwide exchange" begins right now. ♪ >> good morning. welcome. i'm contessa brewer in for brian sullivan crude prices as a result of news an oil tanker has caught fire. we'll go live now to tehran. what news are you getting here who is behind it >> reporter: good morning, contessa we don't know who is behind it right now. but the national iranian company says that vessel that belongs to them has sustained damage to its hull after it was hit by two explosions within a half hour. iranians are saying that this was an act of terrorism. they suspect the damage was caused by missile strikes. they say the ship was about 60 miles off the port city when the attack happened. iranians are denying any serious damage they say two store rooms had been hit it has been contained now. also that the crew on board are safe they are working to stabilize the ship there were reports that the ship was on fire. state media have released some images it

josh lipton talked to tim cook last night after the earnings print and joins us this morning.>> reporter: carl, investors want to see iphone trends improving. that's what they got with the latest report. iphone revenue dropped 9% in q4, but revenue dropped 12% in q3. ceo tim cook telling me for iphone specifically we improved year over year performance even more compared to last quarter, and significantly compared to the first part of the year, and we are off to a really good start with the iphone 11, iphone 11 proand iphone pro11 max i asked about tariffs and trade tensions cook tells me he did not ship more iphones here to the u.s. to try to get ahead of potential new tariffs in december, nor does he plan to, as analysts know that means recent positive supply chain data points represent real demand. more broadly, cook is optimistic a trade deal gets done, saying i am still optimistic in the end there will be agreement between the countries where it will not solve everything, it will be a better position than where we are or where we have been. speaking of china, i asked abou

reports are out that tim cook, the apple ceo traveled to china with regulators there. a bit of controversy about one of the apps apple put out and what they did with that given the current protests >> exactly that app was being used by protesters to track the movement of the police. once the state media had criticized it, apple removed that from the store. tim cook is in china and features on state tv where he was seen at a university board meeting with the vice president. he is a board member of the university, which is a very prestigious school here. he met with a market regulator saying the two had discussed expanding investment business in china and consumer rights protection in china. >> a fairly comprehensive situation there. back to our stop story now joining me now from hong kong is julia wang, thank you for joining us 6% is slow what is the reaction there and what does china need to do to prop things up even further. >> so the third quarter growth is up slightly now at 6.0. it has seen a sharp slow down. we started the year at 6.4 a slow down by china in nine

. >> they also had -- people like to come out of the woodwork and criticize tim cook. >> yeah. >> he openly engaged the president on the trade issue in ways other ceos did not. and you have to wonder whether they're getting and reaping the rewards of the engagement between cook and trump, in ways they might not have otherwise had. is that far fetch? >> i think your assertion is factually accurate they threw donald trump what he wanted, producing some of the imax in texas. they've shown physically they're going to home base production and in response, tim cook does have the president's ears and one of the tariffs that were going to go through, tim cook had a conversation with the president and said, here's how this is going to affect us and frankly the industry and it changed the president's mind tim cook does appear to be the president whisperer right now. and if that is the case, scott, i think it's personally reasonable and acceptable for them to reap rewards >> let's kick around another stock i know you guys are going to opine on. it's on the other side of what's going on with tra

susan lee sat down with apple ceo tim cook this afternoon. we've also got some very big news just out from twitter from the ceo jack dorsey. we will tell you what you need to know about that before the markets open tomorrow. i'm david asman. joining me on the panel today carol roth, steve forbes, and zachary karabell. let's head to susan lee who is at apple headquarters in california. a big beat by apple. you have more specifics from your own personal time there with tim cook. >> that's right. so i think the main take away is that it was a strong quarter and also a very strong quarter heading into the holiday season. tim cook says he's very bullish heading into the holiday season. the iphone 11 has been received very well. in fact, he sees the u.s. economy as being very strong. i asked him about the u.s. consumer given that we just got an interest rate cut from the federal reserve and in his view he says he feels very good about the u.s. right now. as for china, which has been the achilles heel so far this year, he says things have improved a

we will continue to bring you those tim cook headlines as they come. julie and lee, thank you.witter has announced it is banning political advertising from its platform globally. in a tweet on wednesday, jack dorsey, the ceo, said, "we believe messages should be earned, not bought." the policy will go into effect on november 22. joining us for all of the details is kurt wagner. why this decision? kurt: i think the timing is unique in that facebook literally announced earnings at the exact same time and twitter is rolling out a policy that is very counter to the one that is facebook ad. we have been talking about this a lot. what are these companies going to do going into 2020? will they allow politicians to pay to promote falsehoods on their platform. jack dorsey hinted in an interview that he said he did not agree with the stance mark zuckerberg had been taking. here he is making the official statement today that they are not going to be the ones to let people pay to promote lies. taylor: the headline in that tweet came out right as facebook was reporting their earnings. that

. >>> why apple ceo tim cook is heon nsfedee over dreamers. >>> new questions on the campaign trail after a health scare for democrat bernie sanders. >>> the touching moment in court after a former dallas police officer learns her fate for shooting and killing an unarmed neighbor. >>> california congressman who is ready to issue more subpoenas in president trump's impeachmt inquiry.>>> tonight at 11 p.m. meet cory crow. we helped her get the heart transplant she needed to survive. now she is hoping we can help her again. cory lives in a section 8 apartment. if she loses it she may be homeless. if she stays she worries she won't survive. >>> maybe they are trying to wait because they know i have an illness. maybe i will even die. >>> you can see susie's full story tonight on project home. on the kpix 5 news at 11 pm. announcer: time magazine reports: "the new american addiction. how juul hooked kids and ignited a public health crisis." other news outlets report- juul took $12.8 billion from big tobacco. markets e-cigarettes with kid friendly flavors and uses nicotine to addict them. 5 mill

ceo tim cook telling me in an interview that of the three new iphone the1, 11 pro and 11 pro max it's 11 the best seller. remember that's a successor to the 14r0 xrp beyond the bread and butter iphone enterprise. investors make a bee line to services segment, jumping 1% to a betterhan expected for nightly business report, josh lipton, cupertino, california. >>> daniel flaks joins us more to talk about the earnings beat at apple. at from newberger berman nice to have you here. >> graez great to seyou sue >>he outlook of tim cook was quite bullish. do you think it signals he managed to transform the company from reliance strictly oh on iphone sales. >> sue, i think it's showing the broadening of revenue drivers. the iphone franchise remains healthy. what's most important in the recent launchf he iphone 11 was the $50 price cut driving demand. you have batteries lasting longer, a upgrade to the camera isperson. the services business remains the healthy. then you have opportunitiesn wearables where the company is really just getting going is. >> i you had to look at the stock for a long-t

well as growth in services they are issuing upbeat quarter guidance jim and josh lipton talked to tim cook about better sentiment in china as well. >> i was surprised with that, when talking with tim and with josh and on the street the whole tone of the discussion was that things are pretty much on track, more than we realize optimism by tim cook countered, of course, by blind stories involving chinese officials who we do not know, who are saying, listen, there is no real long-term plan that i totally discounted that what i care about is boots on the ground that's tim tim cook is selling a lot of phones everywhere. now, it's china is not as great as you'd like, but does it really matter? this is not a phone story. when they decided that they were no longer going to release the granularity of the phones, most of the people i talked to said, ha ha, that's because phones are bad. what the reality was exactly what tim cook said, which is that phones are only a piece to the puzzle now i listen to service revenue. it's no longer just as big as a toaster kind of thing. that's what they used to do

apple tv plus kicking off on friday, november 1st and tim cook says he's very excited.le pay card, very well received. he said it was the most successful credit card launch ever by the number of subscribe rers at least and he says you bet, i'm looking at international markets as well. as for cryptocurrency, i asked him since facebook is launching a cryptocurrency and i said what about apple. he said there are some things the government should oversee, and that includes currency and the military. back to you. cheryl: another heated bay on capitol hill for dennis muilenburg. he faced harsh questions following two deadly crashes of the 737 max. one congressman took muilenburg to task over his $30 million a year salary. >> you said you're accountable. what is accountability mean p? are you taking a cut in pay? are you working for free from now on until you can cure the problem. these people's relatives are not coming back. your salary is still on. is anybody taking a cut or working for free to try to rectify the problem. >> my congressman will conduct a comprehensive review

and that is what tim cook has brought to the table.y he has added about $600 billion in market cap to the stock. >> it's not been perfect. no ceo is going to be perfect. >> let's not forget. i'm saying that. >> you have anileiated this guy for no reason whatsoever. >> i don't think there is no reason. when you are mark zuckerburg you by -- >> they bring buybacks and dividends. we are going to break now. we are going to go to break. we have to. because it's a big week for industrial earnings. the sector is up. the smart way to play the group is next in etf edge. we're back in two minutes. now pr workflows in the cloud, huh? mm-hm. your employees must love you. thank you. ah, you could say that. so how are things with you guys? great. thank you. thank you, sir. lunch next week? terrific. say hi to the team. will do. call my office, i will. -sounds good. alrighty. servicenow. works for you. ♪♪ ♪♪ ♪♪ that's what happens in golf nothiand in life.ily. i'm very fortunate i can lean on people, and that for me is what teamwork is all about. you

tim cook speaking out against the trump administration immigration policies but first, on pace for theerformance in may stay tuned dow indicated up 17 points so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. that could allow hackers devices into your home.ys and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. >> live shot in chicago, illinois still dark there only 4:53 central time there time for the executive recap the headlines you need apple ceo tim cook says his company disagrees with presiden

remember iphones make up half of their revenue now also we'll be looking for any commentary from tim cookbout the impact of tariffs. there have been a limited amount the big question is the december 15 tariff that will hit apple. that will have an impact and hit a much wider range of devices. the other thing we talk about is services we are releasing apple tv plus the new streaming service. commentary about how they expect those margins to go forward will be important for analysts. >> picking up on apple share price. on track for its best year since 2009 it begs the question could all of the news to come already be priced in? >> it was interesting. the sentiment was so negative. people have been able to look past that now. the question is if these sales are going to be strong enough. the iphone sales are based on early expectations likely we'll see a huge impact from those numbers. >> anybody got air pods 2 on their christmas list >> i do. on my list from the u.s. where they are cheaper >> they are $200 in u.s. and 200 pounds here. >> they have the noise canceling feature. >> should ask a

. >> we are hearing tim cook on the call. aying that he is calling for 9% decline in the iphone and that is an improvement over the 15% decline in the quarter and the iphone 11 is the best-selling iphone. we will continue to bring you those tim cook headlines as they come. >> thank you for joining>>. taylor: you are sticking with me. twitter has announced it is banning political advertising from its platform globally. in a tweet on wednesday, jack this should be earned, not bought. the policy will go into effect on november 22. joining us for all of the details is kurt wagner. why this decision? facebook announced this at the same time. twitter is rolling out a policy that is very counter to the one that is for cap. we have been talking about this a lot. these companies will do going into 2020. will they allow politicians to pay to promote falsehoods on their form? jack dorsey hinted in an interview that he said he did not agree with the stance mark zuckerberg had been taking. here he is making the official statement today th

investors cheering the third rate cut of the year tim cook wins again despite a slow down in iphones a twitter surprise ceo shocking the street announcing a ban on political ads will facebook do the same. speaking of facebook, that stock rises and a big congrats to the washington nationals taking home the first world series title in their franchise history. "worldwide exchange" begins right now. >> good morning, good afternoon, good evening from wherever you may be watching. a little early van halen there for you. halloween in the states. a lot of those goblins running through the streets jacked up on sugar. the nationals beat the astros. washington scoring all of their runs in the final three innings. they made history with something that has never happened in baseball or any other professional sport that is coming up. let's get to your market box score. dow futures are some what higher we are seeing dow futures up 31. if you are keeping score at home, the s&p 500 hitting the 14th all-time interday high and 15th record close of the year. the dow by the way, still less than 1% away f

tim cook has defended the company's decision to remove a police tracking app used in hong kong the cook says the company made the decision after received credible information that had been used maliciously to target individual police officers and that means it violated hong kong law and thereby broke the app store rules apple's face criticism for moving the app with some saying it was bowing to pressure from beijing. u.k. prime minister boris johnson and irish premier li overawed carsey of bragg's a deal could be possible after meeting thursday businesses are certainly hoping that's the case japanese carmaker nissan which operates the u.s. the u.k. his biggest auto factory has examined a host of breakfast scenarios and it warns that a disorderly brags that would mean tariffs of 10 percent and that in turn would jeopardize the european business model built on no tariffs he's on made nearly a 3rd of the one and a half 1000000 cars produced in the u.k. last year. a new study by aid organization oxfam sharply criticizes the working conditions on india's t plantations the organization demand

tim cook has defended the company's decision to remove a police tracking app used in hong kong cook says the company made the decision after received credible information yeah had been used maliciously to target individual police officers that means that violated hong kong law and thereby broke the app store the app store rules apple has faced criticism for moving the app with some saying it was bowing to pressure from beijing. the new oxfam study sharply criticizes the working conditions on india's t plantations the organization demands the german government hold its companies accountable for human rights violations in their supply chains is an issue that affects not just the producers to be on this plantation in assam is being picked in record time more than half of india's t.v. production comes from this region but aid organization oxfam says many of the millions of indians working in the industry do so under appalling conditions around half get ill because of polluted water what small without protective clothing many are exposed to toxic pesticides and the pay is often terrible to lo

and tim cook has dined with the president. there were recent tweets about that.resident tweeted out a photo. we are not privy to what their conversations are. when tim cooke has an audience with the president, he's going to take that opportunity to remind him hey, we would like to stay in texas. what can you do to help us do that? help us help you. kurt: not all ceos get dinner with the president, of course. is apple unique in this? is this the kind of thing that is pretty broad in the tech industry? tom: so the government does make exceptions. i think this is the third round talking to my colleague, who is an expert in this area. he says apple is not necessarily unique. there are other exemptions. he gave another example of another company on certain like paddle boards and things along those lines, or at least oars used in kayaking devices. it's not a complete anomaly, but not everybody gets that. kurt: i'm wondering what you take from this long-term when you think about apple, china. what does this signal coming down the line? >> i think the trade war between t

tim cook has defended the company's decision to remove a paulo says police tracking app used in hong kong says the firm made the decision after it received quote credible information the app had been used maliciously to target individual police officers but means that violated hong kong all and thereby broke the app stores rules which bar apps which could cause personal harm apple has faced criticism for moving the up with some saying it was bowing to pressure from beijing. now cheap flights and digital booking sides have made traveling the world much easier it seems though that often residents of the world's most popular tourist destinations have to pay a heavy price for their city's popularity with noisy groups roving streets and nights neighborhoods turning into little more than backdrops for selfies or apartments converted into holiday homes it's a problem the people living in lisbon says story district know all too well. it's become a typical sound and typical sight in the founda lisbon's old quarter tourists come in droves just in holiday flats here but would many tourists don'

tim cook came out thursday to defend the decision saying the app was being used maliciously.re, i want to bring in selina wang who joins me from beijing. what is the significance of apple pulling this from the app store? ina: this is a crowdsourcing app that allows you to see where protest and police activity is happening. interesting to see apple is reversing course yet again after saying it spoke to local authorities that say they were threatening public and police safety. creators have said there's no evidence of this and critics have scorched the company for saying that it is basically capitulating to china's man's at the expense of free speech. to be clear, this is not the first time apple has made moves like this. a few years ago, it removed apps from the app store in china, more recently removing the taiwan flag emojis app. greater china is apple's largest market outside the united states, so there is a lot in store for the company and it goes to underscore the challenge when it comes to balancing political risks both at home and abroad for international companies oper

tim cook has defended to the company's decision to remove a mapping app used to track police movements during hong kong protests he says the firm made a decision after it received credible information the app had been used maliciously to target individual police offices that means it violated hong kong law and thereby broke the app store rules which are absolutely could cause personal harm apple has faced criticism for removing the app with some say it was bowing to pressure from beijing. business update on g.w. thanks for. she. says. a. female. cucolo in a local ski colfax calls made from scratch. because the colors come from bacteria. may not mask crooks sustainable ethical and that's beautiful facts the coming of. the something nice. guy as cameron jurors are dealing with i mean i thought i killed many civilians i mean irish coming coming my father was such i was a student i wanted to build a life for myself. for a sudden my life became malinche kind of song. providing insights global news that matters d. w. made for mines. and i'm good with the brand new delusions are most folks it

tim cook has defended the company's decision to remove a mapping app used to track police movements during hong kong protests he says the firm made a decision after it received credible information the op had been used maliciously to target individual police officers that means it violated hong kong law and thereby broke the app store rules which apps which could cause personal harm apple has faced criticism for removing the app with some say it was bowing to pressure from beijing. business update on g.w. thanks for. the coming to. the an eco in the local ski coast fascists call made from scratch country colors from bacteria. may not be mass produced sustainable and that's a beautiful freshness cost 30 minutes on the. present europe at its most fascinating at its most exciting. most creative colorful glib trendy taste of innovation brilliance charming. and phil is a staple. on the w. . language courses. video. anytime anywhere. w. . the adventures of the famous naturalist and explorer. 2 celebration clicks on the front boards 250th birthday remarking on a voyage of discovery. expedition vo

tim cook has defended to the company's decision to remove a mapping app used to track police movements during hong kong protests he says the firm made a decision after it received credible information the op had been used maliciously to target individual police offices that means it violated hong kong law and thereby broke the app store rules which bar outs which could cause personal harm apple has faced criticism for removing the app with some say it was bowing to pressure from beijing. business update on g.w. thanks for watching. don't miss our highlights. programme on line w. dot com highlights. invites us to see people in particular that i like to see as the kids. are grown up girl. might object to her as. you know the books on youtube. i want to see what's going on the knowledge of these emerges that you know what you have to do provided. the sharp microscope that had been spent the knowledge there would come better and better and better over the years we will understand doll for example all of the bible in fact about molecular depot and therefore it will also be possible to fight

tim cook defends apple's decision to remove an app that tracks hong kong police.e says it was being used maliciously. shery: let's get you started with a quick check of the markets. we see u.s. futures gaining .2% after president trump said u.s. china trade talks were going very well. that optimism translated into the regular session and we saw the s&p 500 game .6 percent. as we finally had the first day of those two-day negotiations kickoff after we saw a lot of conflicting reports on if that would happen. we had banks and automakers leading the gains on the s&p 500. the semiconductor index also gaining about 1% for a second consecutive session. the nasdaq also rose .6%. we had a weaker than expected u.s. cpi print, which did little to discourage market excitations that we could perhaps be seeing more fed easing. energy was the best performer as well in today's session as we had wti rebounds from a two-month low and also jump by the most in three weeks as we heard from the opec secretary-general saying its members and allies, including russia,-- including would d

david: tim cook under fire tonight for meeting with the chief regulator in china just weeks after apple removed an app. they use that by protesters now facing new questions over what exactly was discussed at the meeting in china. this is "bulls and bears" thank you for joining us joining me today on the panel is jonas max ferris and we are happy to have you here as well. tim cook face backlash last week for removing a app that hong kong protesters were using to track police movements he said it was in violation of chinese law but the removal happened one day after the communist party published an article titled is apple guiding hong kong thugs? to say that they discussed apple's impending investment with consumer rights protection and fill fulfilling social responsibility. is that all they talked about? let's bring in from the wall street journal given what has been happening the last two weeks this smells fishy. >> it does. beijing sends the message you better get in line for i think the ceo should be embarrassed for go basically to say we don't call the shots. >> i know i could not do

that is the justification tim cook gave after speaking with authorities. alternative is also true, people can use it to avoid the police and protesters are pushing back over this, the developer of the app has also said they disagree with apples decision here. yvonne: does this set a bad precedent? how might other apps in the store be affected now? it is an example of how companies are wrestling with this controversial awareness stand with hong kong and the protests and how they navigate this sensitive terrain. in the case of apple, there is also a song they had in the app store that came under fire where it was a song viewed as supportive of protesters. that was another issue the "people's daily" took up. the nba, also game developer blizzard has come under fire because one of their gamers spoke after return in a post game interview and talked about some of the slogans the hong kong protesters are using. he was suspended for a year, his prize money taken away. these companies are having a difficult time navigating how to go through this sensitive terrain.

and quartz looks at how apple's tim cook has pushed ceo activism into uncharted territory by going toted migrants. and don't forget, let us know what you are spotting online. use the hashtag #bbcthebriefing. that's it for the business briefing this hour, but before we go, here are the markets: a pretty mixed bag. asian stocks edging higher thanks to gains on wall street, but the mood is cautious before a key usjob report. will have the news briefing foi you i will have the news briefing for you next. bye for now. scotland has become the first nation in the uk to make it a criminal offence for pa rents to smack their children. msps voted almost three to one for the move, which will come into force in about a year's time. across the rest of the uk, parents are still allowed to use what's called reasonable physical force. lorna gordon has more. at the moment, parents and carers are allowed to use reasonable physicalfall to are allowed to use reasonable physical fall to discipline their children. this bill will mean smacking a child will become illegal here in scotland no matter what the

. >> reporter: so, tim cook delivered what investors wanted, improving iphone trends, stronger than expected q1 guidance the topic on the call, could apple sell hardware and subscription basis, bundle of hardware and software services perhaps offered for a single monthly fee. you can understand why that would excite some on the street. cook shot that idea down and suggested apple already does in some sense saying customers today essentially view the hardware like that because they are on upgrade plans back become >> thank you, josh we'll continue this conversation and send it over to mike santoli for today's market dashboard >> reporter: we'll pick it up right there. candied apple. we'll talk about the sentiment and technical backdrop for the stock. just another trick pull back in the markets see if it fits a pattern of previous post-fed action unprepared for a scare a little bit perhaps complacent in the short term. back from the grave. we were worried about certain things in the bond market for a couple of months maybe we're on the better side of that. let's take a look at the two year cha

brian looks like president trump recently upgraded his iphone and offered a bit of criticism to tim cooksub tweeted cook writing to, tim, the button on the iphone was far better than the swipe. reports suggest the president first switched from android to iphone in march 2017 good news for the president, though, apple is rumored to be bringing back the home button on the iphone se2 that makes it easier for people who couldn't get used to that. halloween spending expected to be near record highs if a new survey 50% of millennials admit to buying accessories to include them in a post men, more than women are far more likely to say their halloween spending is driven by social media shoppers expected to bend $86 on their costumes this year that's a lot of money. >>> one north carolina man says he's feeling very lucky. after hitting it big as he prepared to wrap up his last round of chemo for colin cancer. he won $200,000. he says he was in shock. he didn't believe he won until the clerks confirmed it. he says he plans to use the money in part to pay off the medical bills. so. >> shame he had

ceo tim cook's new strategy of enticing consumers amid a weakening global economy.t the launch three versions of the iphone 11 last month and lowered the price to $699 which is $50 less than last year's iphone 10r. >> people were talking about that price point. >> that was a big thing. >> that was a talker. >> 4:42, coming up here, the weekend forecast. >> looks good today. a cool start and comfortable afternoon. as we get a live look outside in dublin another morning we have to grab a heavier jacket but it will be a pleasant day but we do have a big heat up in the weekend forecast we'll talk about it coming up next. >> here's one of the traffic breaks i was telling folks about. this is palo alto. look how different it looks. we have slowing here. look at that, i'm hearing about a car fire possible explosion. we'll talk about those two big slow downs coming up. >> the best way to stop an identity thief is to freeze your credit file. when you do that, no one can open up loans or credit cards in your name. not even you. starting a credit freeze is easy and free. all y

ashley: tim cook and the dreamers. a '50s act. tim cook and the dreamers. the administration, basically going to bat for the dreamers. he says, tim cook, there are 443 dreamers working at apple. they come from 25 different countries on four continents. he's making the appeal saying we did this statement, we are making this move because dreamers embody apple's innovation. he also goes on to say it is the moral thing to do. what does it say about us as people to turn our backs on the dreamers now? he's making that appeal with apple's senior vp. making a strong case. he has kind of an in with mr. trump at the white house. he's had dinner there before, he's well connected. stuart: okay. i just want to read the audience a quick headline from the "new york times." bear with me, please. as you may know, president trump earlier today urged china to investigate the bidens. the headline in the "new york times" reads trump publicly urges china to investigate the bidens. as if there's something wrong with that. i'm not sure there is. but it looks like there's something

tim cook met with regulators in china after pulling a controversial hong kong app. now, that's the app that located the police in hong kong. apple pulled it. now is in china talking to regulators. susan: apple pulled it. there was a lot of criticism they were kowtowing to china's censors because they have big business in china, they get around 20% of their revenue. tim cook in china at this point speaking to the chinese regulator, according to reports on their website. the state administration for market regulation. he was there to talk about what's happening with the markets, consumer rights protections, investment in china, fulfilling corporate social responsibility, and there's a big internet conference taking place in a few days' time which tim himself, mr. cook, has attended back in 2017. no idea whether or not he's going to attend that, but i think it was a very good contrast with what's happened with mark zuckerberg. think about it. apple has a big business in china, fifth largest smartphone seller, $52 billion in sales, they are allowed to operate in china a

. ♪ ♪ liz: tim cook defending am's removal of a mapping app in hong kong.otesters were using this map of the city, hong kong, live. they were using it to track police activity in the city. well, what's wrong with that some people were asking? so in a letter to employees, the ceo, tim cook, said, quote: the app was being used maliciously to target the individual officers for violence and to victimize individuals and property where no police are present. well, the controversy not hitting apple shares at all. they're not just hitting a a 52-week high, they are within spitting distance of an all-time high after getting an upgrade from longbow, pulling it to a buy from neutral. the analyst is citing an increased demand for new iphone 11 models, and now a apple suppliers are also getting a boost on a report about its 5g prospects. let's go to gerri willis live on the floor of the new york stock exchange -- yeah, when is the 5g phone coming out, gerri? >> reporter: we're hearing late next year, but you never can say with any authority until apple says it itself. t

but let's spin it forward, and tim cook made a very interesting point.oncept of maybe getting the iphone back in the excitement level when it comes to revenues by turning it into sort of a monthly revenue type of thing. >> yeah. it's pretty interesting, because he also wouldn't comment about the iphone returning to growth mode. and as we've seen, services now 20% of their revenues. and so they need to expand that, but it's only got about a 30% margin on it where the iphone back in its heyday used to have gross margins around the 48% space. so, you know, this stock is tough to touch here, because as you mentioned, it's up 56% on the year, it's trading at decade-high multiples, 20%, and they're in a commoditizedded business, right? they're selling hardware with iphones, selling software when it comes against android's system, and also they're into commoditized business like streaming on apple music and also video against netflix. liz: courtney has invested in a lot of these names. you don't currently own apple, correct, courtney? i do have to ask because y

tim cook face backlash last week for removing a app that

>> "the morning show" co-exec producerposed with tim cook. friday his apple tv plus service will stream jen's first series in 15 years. >> i've let you bozos handle this lonenough. >> are youeady for us all to sethis? >> really ready.hink so. let's birth this baby. >> joining them? miy kali and oprah -- maybe. >> that may happen. at may happen. >> but if reese and jen were journalists who'd be their dream interview? >> right there. >> ah. >>ight there, ladies and gentlemen. >> this is a pretty big get. the return to television, jen is ba. >> we've got each other so we're good. >> i'm still stuck on the fact that she got more than million follows in five hours. that's bananas. you know youan catch "the rning show" on apple tv plus stting on vember 1st. >>now to "daing with the stars." fan favorites kate flannery and karamo bro were on the chopping block last night, but ultimately the "queer eye" star wasent home. >> i've got to save kate and pasha. listen,f you'reoing to go out on a show you go out with the cast pick us up. having >> karamo is

the ceo of apple, tim cook, going to bat tore the dreamers. as children, now protected by an obama era order, the trump administration wants to end. cook sends a brief to the supreme court, praising dreamers' contribution to america, specifically to apple. joining us now, judge andrew napolitano to talk more about that. >> good morning. president obama asked the congress to make the dreamers' presence here, you described it beautifully, they were not born here, they didn't choose to come here, they came as babies. maria: not their fault. >> the congress rejected it. he signed an a executive order preventing their deportation which has the effect of keeping them here unlawfully. when president trump came into office he said i'm not going to enforce the executive order and challenged it in court and a district court judge invalidated and the fifth circuit court of appeals invalidated that and now that issues is before the supreme court. what's before the supreme court is -- maria: do you know how many people we're talking about? >> we're talking

tim cook says it violated hong kong or the app violated hong kong or that it was being used maliciously against individual police officers well earlier my colleague now in the mahdi's spoke to brand development expert jonathan gabay and he said the brand authenticity is important and something which could catch apple out. they have said that it's because they're worried about interfering with local police issues and also safety residents things like that that fly well but the thing is is that a lot of people saying this isn't this doesn't ring correct willy and i think that they're making a bit of a of a mistake here so i think that what this means is that people are going to become even more cynical about what i mean people are cynical about brands anyway as you know the thing is is that i've i've been involved with brands over the years in talking to media organizations like yourselves over the years about brands and some of the biggest brand people say well it would never fit that brand because they are just too big and they collapsed so you have got to be careful we're living in a g

>>apple is now taking a public stance on a key immigration issue today, apple ceo tim cook said his company employs 443 so-called dreamers in 36 different states coming from 25 different countries cook is defending dhaka which stands for deferred action for childhood arrivals it was an obama era program that gave protection from deportation for certain undocumented immigrants brought to the us as children. president trump rescinded dhaka in a 2017 executive action that face several legal challenges and will soon be taken up by the supreme court apple's recent statements on the issue came in a friend of the court filing in case is pending at the high court. all right let's get another check of the weather. >>around the bay has the 4 zone of the season so far close down a 30's 40's tonight, clear skies out there maybe not quite as cold overnight tonight, the cold enough still you want to make a an extra blanket on the bed. if you can those temperatures still dipping low 40's in some parts of the north bay outside nice and clear out toward the golden gate bridge and that a beautiful sight and

yeah when tim cook took over as ceo in august of 2011, apple was trading at 53 bucks. now it's a$227 now, i know many people wfought apple every step they believe the company is too dependent on drpcell phone busis so the earnings have to come down that's been the knock on apple for years. i think it's plain wrong not only is the iphone better m importantly it's so popular there's a whole ecosystem of air pods and watches and paid for subscription services that have turned apple into much more than a hand set maker this will make their earnings far less ep sottic, and that will make the stock go higher still. wall street pays more for sticky consistent numbers than the cyclical boom and bust numbers the 11 consistently -- someone must have downgraded apple it's trading down after the close. oh, bore me. now maybe you think that's all financial ledger men, everything i said maybe you want to google ledger men. who cares whether the numbers are sticky aren't you basically paying more money for the same earnings stream no, the market values consistency. you pay more for c

and human rights issues have been a real pushing point of tim cook.inly one of the issues that's going to come into play here as well. >> and ed, which group does apple most have to be afraid of running afoul with i'm really paying attention to what's going on here with the act vision blizzard story where the gamers are really kind of the group at the front of pushing for these, in favor of these hong kong protestors and really trying to make that a center of activity in this country try to like push and influence companies from behaving a certain way. is there a group like that that apple has to worry about get tig on the wrong side of what some of these moves here or do you think the public is largely going ignore it? >> i think that's the right question i think with what's happen wg the nba and activision with the e sports thing, the thing different here is that the sphere of influence that china is expanding into is that these are actions taken outside of chinese borders. when they're talk iing about supporting democracy in hong kong, you know it