can apple. be criticized for timing major upgrades of its operating system to coincide with the release of a new phones is that it is is that ultimately behind this issue well not really in the sense that is the natural time to do it if you're launching new phones you tend to launch new software and therefore people on the older phones want to have some of those benefits and there for you again you could argue that they're actually doing the users a favor i mean i agree that this is really about batteries i think is a very important point to using i don't see how it's a favor i just don't get it. well because you given the new features i mean when you upgrade the software on a new phone the old version the slowdown by some of those retailers their phones being slowed down so. they don't know that only because the batteries all are as i'm just glad to say i don't know how to say good point is you know you should be able to change your battery more easily but the issue is how easily you can change

back to you. >> bob pisani. >> and josh has breaking news on apple. >> just crossing from apple. detailing how it is accelerating the pace of u.s. investments and job creation, say it will make a $350 billion to theis economy over the next five years an breaking down the number had highlights the spending with the domestic suppliers, apple saying it is on track to spend $55 billion in 2018. it goes on to say that they are going to invest $30 billion in capital expenditures and they are hiring or creating over 20,000 new jobs at existing campuses and apple already employees around 84,000 people that advanced manufacturing fund, they first announced that fund on cnbc, that is going from $1 billion to $5o note that app- they say they are the largest u.s. taxpayer. they anticipate repatriation tax payments of about $38 billion. again, here, the headline, apple saying they will accelerate u.s. investment and job creation and putting the number at $350 billion to the u.s. economy over the next five years back to you. >> josh, thank you. >>> guys, quickly around the table. a couple of q

senate has demanded answers from apple c.e.o. tim cook a french prosecutor is also now launched an investigation we'll get to our guests in just a moment but first the tasha butler reports from paris. in france one in five smartphone users owns an i phone each new model causes much excitement but not everyone is happy with the u.s. manufacturer a french consumer watchdog has filed an legal complaint saying apple deliberately slows down old i phone models to encourage customers to buy new ones we're having that they are doing what we call planned. since two or two in the purpose for paper to buy a new one if it's a marketing strategy thing care that we have enough proof to make this. pope says apple uses software updates to slow down its phones the watchdog says recent updates come in sided with the release of the i phone eight in france such a practice is illegal under french law it is a crime to deliberately shorten the lifespan of a product in order to try and force consumers to buy new ones but is found guilty can be punished

economy than just 20,000 apple hires directly. >> could say apple created uber. charlie, what were you going to say? >> they are bringing $200 billion back they are paying $38 billion in taxes. the estimates the cbo put out for the cost of the tax bill prove way pessimistic. they were static commitmeestima. >> redeemed repatriation, every company, no matter what they do, it's baked into the revenue assumptions urn this law >> absolutely not. absolutely not the -- >> charlie - >> if people -- the total estimate for this bill was 1.5 trillion dollars of costs -- >> on -- >> underestimated the effect of the inflows. they did not have, i bet you 38 billion coming from apple in those estimates. >> check them. >> we're going to have the -- always happens this way, with the kennedy tax cuts, with the reagan tax cuts, we are going to end up with more economic growth than what was included, and the growth will produce higher taxes than people estimated. >> that's a fair point if you think growth exceeds what's in the bill, that's to the benefit of the government and econo

the apple two was a huge that it was actually really the first usable personal computer the apple two always you know i always thought it was magical because you could do almost anything you thought of if he were creative enough the apple to the first personal computer designed for the general public the sales are phenomenal it in bodies the computer revolution but it has a serious handicap and the person who has the solution is bill gates was the acro version of basic but it wasn't. completely up to date that was a certain aspect of it that wasn't in there so they began looking around for another version of basic that ran on that ship that the apple two used and microsoft was a company that had it so they got in touch with bill gates. with basic microsoft supplies with the apple two locks this is the first collaboration between bill gates and steve jobs but at the end of the seventy's thanks to the success of the aapl to the spotlight is on steve jobs and then in one nine hundred eighty they went public so there are all these people have stock that got very rich in it was one of the

the apple two was a huge that it was actually really the first usable personal computer the apple two always you know i always thought it was magical because you could do almost anything you thought of if he were creative enough the apple to the first personal computer designed for the general public the sales are phenomenal it in bodies the computer revolution but it has a serious handicap and the person who has the solution is bill gates was the acro version of basic but it wasn't. completely up to date that was a certain aspect of it that wasn't in there so they began looking around for another version of basic that ran on that ship that the apple two used and microsoft was a company that had it so they got in touch with bill gates. with basic microsoft supplies with the apple two locks this is the first collaboration between bill gates and steve jobs but at the end of the seventy's thanks to the success of the aapl to the spotlight is on steve jobs and then in one nine hundred eighty they went public so there are all these people have stock that got very rich and it was one of the

the apple two was a huge that it was actually really the first all usable personal computer the apple two always you know i always thought it was magical because you could do almost anything you thought of if he were creative enough the apple to the first personal computer designed for the general public the sales are phenomenal it in bodies the computer revolution but it has a serious handicap and the person who has the solution is bill gates was the acro version of basic but it wasn't. completely up to date that was a certain aspect of it that wasn't in there so they began looking around for another version of basic that ran on that ship at the apple two used and microsoft was a company that had it so they got in touch with bill gates. with basic microsoft supplies with the apple two locks this is the first collaboration between bill gates and steve joel but at the end of the seventy's thanks to the success of the aapl to the spotlight is on steve jobs and then in one nine hundred eighty they went public so there are all these people have stock that got very rich and it was one of t

he has unveiled apple watch and apple music. he pulled off the largest acquisition and apple's history, buying beats. he has taken on issues like the environment, philanthropy, equality, and education. he stood up to president obama on user privacy and maintains a dialogue with president trump, despite the disagreement on climate change. now, as iphone sales plateau, questions remain about where the big innovation at apple is going to come from. we sat down with cook at apple's annual developers conference as he stakes out new territory for the company's future. from tv to cars and apples are's category in years, a smart speaker called home pod, a direct challenge to amazon and google. on this edition of "bloomberg: studio 1.0," apple ceo tim cook. ♪ emily: tim, thank you so much for joining us. it is really a pleasure to be here. tim: it is great to see you again, and unbelievable to be here, honestly. emily: let's start with the new smart speaker. why should people buy homepod over amazon echo or google home at this price? t

he has unveiled apple watch and apple music. he pulled off the largest acquisition and apple's history, buying beats. he has taken on issues like the environment, philanthropy, equality, and education. he stood up to president obama on user privacy and maintains a dialogue with president trump, despite their disagreement on climate change. now, as iphone sales plateau, questions remain about where the big innovation at apple is going to come from. we sat down with cook at apple's annual developers conference as he stakes out new territory for the company's future. from tv to cars and apples first new product category in years, a smart speaker called home pod, a direct challenge to amazon and google. on this edition of "bloomberg: studio 1.0," apple ceo tim cook. emily: tim, thank you so much for joining us. it is really a pleasure to be here. tim: it is great to see you again, and unbelievable to be here, honestly. emily: let's start with the new smart speaker. why should people buy homepod over amazon echo or google home at thi

the apple two was a huge that it was actually really the first usable personal computer the apple two always you know i always thought it was magical because you could do almost anything you thought of if he were creative enough the apple to the first personal computer designed for the general public the sales are phenomenal it in bodies the computer revolution but it has a serious handicap and the person who has the solution is bill gates was the acro version of basic but it wasn't. completely up to date that was a certain aspect of it that wasn't in there so they began looking around for another version of basic that ran on that ship at the apple two used and microsoft was a company that had it so they got in touch with bill gates. with basic microsoft supplies with the apple two locks this is the first collaboration between bill gates and steve jobs but at the end of the seventy's thanks to the success of the aapl to the spotlight is on steve jobs and then in one nine hundred eighty they went public so there are all these people have stock that got very rich and it was one of the f

can apple. be criticized for timing major upgrades of its operating system to coincide with the release of new phones is that it is is that ultimately behind this issue well not really in the sense that is the natural time to do it if you're launching new phones you tend to launch new software and therefore people on the older phones want to have some of those benefits and there for you again you could argue that they're actually doing the users a favor i mean i agree that this is really about batteries i think is a very important point to using i don't see how it's a favor i just don't get it. because you given the new features i mean when you upgrade the software on a new phone the old folks in the slowdown by some of those retailers their phones being slowed down so. they don't know that only because of that as well as i'm surprised to say i don't know how to say you could point is you know you should be able to change your battery more easily but the issue is how easily you can change or bas

he has unveiled apple watch and apple music. he pulled off the largest acquisition in apple history, buying beats. he has taken on issues like the environment, philanthropy, equality, and education. he stood up to president obama on user privacy and maintains a dialogue with president trump despite the disagreement on climate change. now as iphone sales plateau, questions remain about where that big innovation at apple is going to come from. we sat down at the annual developers conference as he stakes out new territory for the company's future from tv to cars and apples are's category in years, a smart speaker called home pod, a direct challenge to amazon and google. on this edition of "bloomberg studio 1.0," apple ceo tim cook. tim, thank you for joining us. it is really a pleasure to be here. tim: it is great to see you again, and unbelievable to be here obviously. emily: let's start with the new smart speaker. why should people buy homepod over amazon echo or google home at this price? tim: what we tried to do is we build som

taking a bite out of apple has the silicon valley firm committed a crime flowing down its i phones a french consumer group says yes and is launching a lawsuit also coming up your vacuum up could be a spy in your own home is it convenience valence we'll go to this year's consumer electronics show to find out and. the quote is it working there are now more women on the boards of german companies than ever before but one consultant says there's still a long way to go. i'm daniel winter and this is your business update take companies are often accused of so-called planned obsolescence that technology breaks just at the moment there's a new model out for you to buy well apple users in france say this is the case with older i phones apple admits to slowing down its phone saying this is simply to control the power spikes to lengthen the overall life of the phone but one group is launching a criminal complaint. there's not much fun when your i phone grinds to a halt now french consumer protection organization h o p has swung into action after surveying over two and a half thousand apple cust

he has unveiled apple watch and apple music. he pulled off the largest acquisition in apple history, buying beats. he has taken on issues like the environment, philanthropy, equality, and education. he stood up to president obama on user privacy and maintains a dialogue with president trump despite the disagreement on climate change. now is iphone sales plateau, questions remain about where that big innovation at apple is going to come from. we sat down at the annual development conference as he stakes out new territory for the company's future from tv to cars and apples are's category in years smart speaker called home , a pod, a direct challenge to amazon and google. on this edition of "bloomberg studio 1.0," apple ceo tim cook. tim, thank you for joining us. it is really a pleasure to be here. tim: it is great to see you again, and unbelievable to be here obviously. emily: let's start with the new smart speaker. why should people buy homepod over amazon echo or google home at this price? tim: what we tried to do is we built s

taking a bite out of apple has the silicon valley firm committed a crime by slowing down its i phones a french consumer group says yes and is launching a lawsuit also coming up your vacuum could be a spy in your own home is it convenience surveillance we'll go to this year's consumer electronics show to find out and. the quote is a working there are now more women on the boards of german companies than ever before but one consultant says there's still a long way to go. and daniel winter and this is your business update tech companies are often accused of so-called planned obsolescence that technology breaks just at the moment there's a new model out for you to buy well apple users in france say this is the case with older i phones apple admits to slowing down its phone saying this is simply to control the power spikes to lengthen the overall life of the phone but one group is launching a criminal complaint. there's not much fun when your i phone grinds to a halt now french consumer protection organization h o p has swung into action after surveying over two and a half thousand apple c

unveiled the apple watch and apple music. largestd off the acquisition in apple's history, buying beats. environment, the philanthropy, equality and education. he stood up to president barack user privacy and maintains a dialogue with president trump despite their on climate change. now, as iphone sales plateau, at where theain big innovation at apple is going to come from. cook as he with stakes out new territory for the company's future, from t.v. to first newpple's product category in years, a smart speaker called homepod. a direct challenge to amazon and google. on this edition of "bloomberg apple c.e.o. tim cook. >> tim, thank you so much for joining us. it's really a pleasure to be here. again.t to see you unbelievable to be here obviously. newet's start with the smart smeerk. smeerk -- smart speaker. should people buy it, over amazon echo or google home, at price? >> we've tried to build something that is a breakthrough speaker first. d.n.a., deep in our dating back from itunes and ipods, so we wanted something one, so

it's not just apple. other big companies like alphabet, amazon and facebooke to remake the health care industry. a few reasons tech is moving into the space. one, it $3 trillion industry in the united states. two, it is ready for innovation and disruption. and three, these companies know consumers and have the scale, data and reach to deliver. in recent years their involvement in the health care industry has surged. according to cb insights participatio in health care equity deals by the ten largest u.s. tech companies has increased ten-fold in the last five years to nearly $3 billion last year. some of those deals include amazon's participation in a financing roun guardrai. apple acquired bedit and alphabet bought a health monitoring start-up. their efforts are bigger than just those deals. alphabet has been expanding its unit dedicated to life sciences. apple has health kit while amazon is quietly moving in for the moment and facebook is making it easier for pharma to advertise. healt executives themsel

what makes qualcomm a broad threat to apple is apple makes competing products. they make processors which compete with snapdragon. snapdragon goes in the chinese handsets, taking sales away from apple in china. maybe if qualcomm doesn't put as much money into that were doesn't focus on that business as much, apple's premium starts to go back up. there are all of these considerations. emily: i know you will keep us posted on the entire play-by-play. ian king, thank you. well, intel is getting ready to report earnings on tuesday, the first set of earnings since the chip flaws were revealed. cory johnson a look at the company's response to the problem and the curious timing of a stock sale. ces 2018, the biggest party of the year for technology. among the keynotes, intel's ceo, showing off the kitchen sink of tech. >> we place multiple cameras around the perimeter of a playing field. drones.legion of >> you just witnessed the world's first 100-drone indoor flight show without gps. cory: to, why not, an nfl quarterback? but there was an elephant in the room, the fla

well apple to take twenty five percent stake in apple incorporated apple could buy back twenty five percent of its stock over the next three years as it brings home for in cash according to a new analysis from u.b.s. analyst steve in milan of it he reports this to barron's that buying is likely to provide support for shares as i phone unit growth slows and services and other businesses play a more important role so yeah right addicted this well yeah i mean they're buying back their own stock what they've got that job hundred fifty billion or so overseas that should have been taxed as income at some point but instead it was not taxed at all now they're getting a sweetheart deal from a company ministration to bring that money back late is it too is going to create infrastructure create factories create jobs going to buy back their own stocks and reaching shareholders and ciders and executives again a massive ponzi scheme called apple computer apple computer. as a ponzi scheme berkshire hathaway or their biggest shareholders that's a ponzi scheme the stock market's upon his game the bo

there is tons of litigation between coal, and apple -- qualcomm and apple. starting with the iphone coming out later this year, we have reported they are looking at providers suggest intel and mediatech to take on modems. modems allow the phone to connect to the internet, and to make phone calls. so they are clicking qualcomm out of there this year. longer-term, we have seen the hiring of former qualcomm engineers working on modem chips by apple, so that could indicate that apple is looking at that as well. there were to get them out of the mac computers. later thise earnings week, what are you looking towards? this is expected to be apple's biggest quarter in terms of revenues with them projecting whiches over $80 billion is a rough 10% increase in terms of revenues year-over-year. we're going to be interested in seeing iphone x numbers as well. emily: mark gurman, thank you so much. that does it for this addition of technology. we are live streaming on twitter, check us out on weekdays. that is all for now. this is bloomberg. ♪ what the daybreak asia. th

he going to stay at apple long? >> no. he is a music industry guide. --apple leads on music. culturally they like having taylor swift and drake in ads. give 50% of the revenue to the labels. emily: we will be watching to see if it is august indeed. thank you as always for joining us. that does it for this edition of "bloomberg technology." remember we are livestreaming on twitter. that is all for now. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. ♪ kong, weere in hong are live from bloomberg's asian headquarters. strength, strength to the gallup top 25,000 for the opped time -- the dow t 25,000 for the first tim

what makes qualcomm a broad threat to apple is apple makes competing products. full makes -- apple makes processors which compete with snapdragon. snapdragon goes in the chinese handsets, taking sales away from apple in china. maybe if broadcom doesn't put as much money into that were doesn't focus on that business as much, apple's premium starts to go back up. it starts to be perceived as the best. there are all of these considerations. emily: i know you will keep us posted on the entire play-by-play. forking, who covers chips thank you.ech, thank you. intel is getting ready to report earnings on tuesday, the first set of earnings since the chip flaws were revealed. our bloomberg editor at large cory johnson took a look at the company's response to the problem and the curious timing of a stock sale. ♪ cory: ces 2018, the biggest party of the year for technology. among the keynotes, intel's ceo, showing off the kitchen sink of tech. from vr -- ♪>> we place multiple cameras around the perimeter of a playing field. cory: to pilot-less helicopters. to a legion

well apple to take twenty five percent stake in apple incorporated apple could buy back twenty five percent of its stock over the next three years as it brings home for in cash according to a new analysis from u.b.s. analyst steve in milan of it he reports this to barron's that buying is likely to provide support for shares as i phone unit growth slows and services and other businesses play a more important role so yeah right addicted this well yeah i mean they're buying back their own stock what they've got that joe hundred fifty billion or so overseas that should have been taxed as income at some point but instead it was not taxed at all now they're getting a sweetheart deal for the company ministration to bring that money back ladies it to is going to create infrastructure create factories create jobs no going to buy back their own stocks own reaching shareholders and ciders and executives again a massive ponzi scheme called apple computer apple compute. as a ponzi scheme berkshire hathaway or their biggest shareholders that's a ponzi scheme the stock market's upon his game the b

former apple ceo john sculley on everything from apple's announcement today to the new ep products "squawk alley" will be right back >>> apple taking more and more steps into health care the company confirming it will allow users to store medical records or at least stream them through the health app cnbc reporter christina farr spoke to jeff williams who joins us now hey, christina >> hey so john, this is a big deal what apple is doing it is a little like how you can see bank records on the go they're saying let's make it that easy with health information, not just things like the steps you can now see on the health app on your iphone, i am talking about lab reports, immunization records and so much more this will be readily available to you in the palm of your hand. this is a huge deal. we have seen companies like google and microsoft try to do this before in the past and struggle apple is saying we finally made it easy for consumers, and as jeff williams, the coo told me yesterday, it is the right thing to do that will finally give consumers the right to own and not just access their ow

or, i can talk about apple so let's do that today apple using some jigigantc $250 billion it has over seas. apple committed to investing $350 billion into the united states over the next five years. including 38 billion in repatriation taxes this is bigger than the faebld marshall plan. where our country committed 140 to rebuilding after world war ii apple's tim cook is thinking bigger and it is about our country. 55 billion of that will be direct directly injected in 2018. probably a heck of a lot better the government could ever do first, there is the 20,000 jobs that apple announced today through direct hiring. second, when i sat down with tim cook last may he announced that the company was developing advanced manufacturing fund. money that is being put to work in places as wide range as factories in kentucky and texas. today apple increased the amount to 5 billion rolled out plans to teach people how to code. left a half a million jobs unfilled across the country. tim cook has explained on our show that when you consider direct employment in apple 9,000 apple suppliers are created

he has unveiled apple watch and apple music and made apple's largest acquisition in history, buying beats. he has taken on issues like the environment, philanthropy, equality, and education. he stood up to president obama on user privacy and maintains a dialogue with president trump despite the disagreement on climate change. now is iphone sales plateau, questions remain about where that big innovation at apple is going to come from. we sat down at the annual development conference sec out new territory for the company's future from tv to cars and apples are's category in years, a smart speaker called home pod, product category in years. a smart speaker called home pod, a direct challenge to amazon and google. on this edition of "bloomberg studio 1.0," apple ceo tim cook. tim, thank you for joining us. tim: it is great to see you again, and unbelievable to be here. emily: let's start with the new smart speaker. why should people buy homepod instead of amazon echo at this price? tim: what we tried to do is we built something that is a breakthrough speaker first. music is deep in our dna, d

well apple to take twenty five percent stake in apple incorporated apple could buy back twenty five percent of its stock over the next three years as it brings home for in cash according to a new analysis from u.b.s. analyst steve in milan of it he reports this to barron's that buying is likely to provide support for shares as i phone unit growth slows and services and other businesses play a more important role so yeah right addicted this well yeah i mean they're buying back their own stock what they've got that job hundred fifty billion or so overseas that should have been taxed as income at some point but instead it was not taxed at all now they're getting a sweetheart deal for the trumpet ministration to bring that money back late is it to is going to create infrastructure create factories create jobs going to buy back their own stocks and rich in shareholders a siders and executives again a massive ponzi scheme called apple computer apple computer. as a ponzi scheme berkshire hathaway one of their biggest shareholders that's a ponzi scheme the stock market's upon this game the

>> why apple >> apple is unquestionably a remarkable company, most valuable company in the world, and -- and a very responsible company, but there's no question that we need to be more responsive to children's needs and children's activities, and there's lots of research that has indicated that excessive usage of smartphones is damaging to kids, and so, you know, this should be an easy fix for apple. apple, in fact, came out with a press release as you saw this morning that i was very encouraged by. they indicated that they acknowledged that there's an issue, that it's an important one and that they expect to further improve their interactions, parents interactions with the kids' phones. >> you could perhaps take their statement though as a why us maybe you guess have targeted the wrong company, that we're already doing a number of these issues charlie, from my sources apple was blind-sided by this, suggest that they are at the forefront of this. apple, quote, has always looked out for kids we work hard to create powerful products that inspire, entertain and educate chin while also he

well apple to take twenty five percent stake in apple incorporated apple could buy back twenty five percent of its stock over the next three years as it brings home for in cash according to a new analysis from u.b.s. analyst steve in milan of it he reports this to barron's that buying is likely to provide support for shares as i phone unit growth slows and services and other businesses play a more important role so yeah right predicted this well yeah i mean they're buying back their own stock what they've got that job hundred fifty billion or so overseas that should have been taxed as income at some point but instead it was not taxed at all now they're getting a sweetheart deal for the company ministration to bring that money back ladies it too is going to create infrastructure create factories create jobs going to buy back their own stocks and rich in shareholders and ciders and executives again a massive ponzi scheme called apple computer apple computer. there is a ponzi scheme berkshire hathaway or their biggest shareholders that's a ponzi scheme the stock market's upon its game

the apple two was a huge that it was actually really the first usable personal computer the apple two always you know i always thought it was magical because you could do almost anything you thought of if he were creative enough the apple to the first personal computer designed for the general public the sales are phenomenal it in bodies the computer revolution but it has a serious handicap and the person who has the solution is bill gates was the acro version of basic but it wasn't. completely up to date that was a certain aspect of it that wasn't in there so they began looking around for another version of basic that ran on that ship at the apple two used and microsoft was a company that had it so they got in touch with bill gates. with basic microsoft supplies with the apple two locks this is the first collaboration between bill gates and steve joel but at the end of the seventy's thanks to the success of the aapl to the spotlight is on steve jobs and then in one nine hundred eighty they went public so there are all these people have stock that got very rich and it was one of the f

so you look at apple. i thought apple was going to breakout. i was wrong about that. 165 becomes really important technically, that to me is where your support is but i look at something like google or amazon and it's not to take anything away from them but those charts are starting to look at hockey sticks. they're straight up. you want to take some of those profits, lock it in with an option or something like that but to me there's more risk in a google and an amazon and those names than there is in an apple. >> 100%. obviously it's flat on the year. there's your risk level there. i always say to tim, if it's not in the stock until it's in the stock. >> i never understand what he's saying. >> it can't be in there unless you actually see it in the fundamentals, you actually see it physically in the quarter. there's been so much speculation on apple that it's overdone to the downside. the algorithms got carried away. this is an important level. so watch that level but i do think it's a -- >> sell the news not sell the rumor. all you have is rep

we are still waiting to hear from apple on this flaw. we reached out for comment from apple. joining us now is brian white and bob o'donnell. bob, as you say, this story has more nuanced than intel did not tell us something. how so? >> what we are talking about is a future, feature that has been a processes for over 10 years and nobody discovered it until now and it is used in intel, arm , amd designs, and arm licenses to apple, qualcomm, everybody is impacted. what i find fascinating about this whole story is that i was brought in a couple of weeks ago by the companies to get a sense, because they knew it was a big deal, and in 20 years as an industry analyst, i have never seen companies come together in three a briefing to talk about the issue and how they are addressing it as an industry. to me, that is a very important side of the story that has not been told. there are a lot of problems to be clear, but there are interesting ways the issue will be mitigated. i think we will see discussions from apple and other people. emily: do you think they should have told consumers?

well apple to take twenty five percent stake in apple incorporated apple could buy back twenty five percent of its stock over the next three years as it brings home for in cash according to a new analysis from u.b.s. analyst steve in milan of it he reports this to barron's that buying is likely to provide support for shares as i phone unit growth slows and services and other businesses play a more important role so yeah right addicted this well yeah i mean they're buying back their own stock what they've got that joiner fifty billion or so overseas that should have been taxed as income at some point but instead it was not taxed at all now they're getting a sweetheart deal from a company ministration to bring that money back ladies it too is going to create infrastructure create factories create jobs going to buy back their own stocks own reaching shareholders and ciders and executives again a massive ponzi scheme called apple computer apple computer. as a ponzi scheme berkshire hathaway one of their biggest shareholders that's a ponzi scheme the stock market's a buddy's game the bon

for apple, it's more about selling more devices. if you think about it, i think that users will buy more devices if they have the information and control over those devices. i know a lot of parents consider, should i buy them a smartphone or not, should i buy them a tablet or not. they would buy multiple devices if they knew they could control them. today, they are wary, because they have to collect all these devices before they go to bed. i have to set controls on all of them. the controls become cumbersome. extra devices become cumbersome. that's limiting to business potential for a device manufacturer like apple. emily: what about facebook, where the business literally is the more you use facebook, the more ads we can show you, the more money we can make?\ tony: i think about facebook. first, my kids are under 11. they do not have facebook accounts. they don't have any kind of social mobile accounts. not allowed. our family doesn't use them. but at the end of the day, you need to look at the content of that social mobile app. wha

there is tons of litigation between coal, and apple -- qualcomm and apple. starting with the iphone coming out later this year, we have reported they are looking at providers suggest intel and mediatech to take on modems. modems allow the phone to connect to the internet, and to make phone calls. so they are clicking qualcomm out of there this year. longer-term, we have seen the hiring of former qualcomm engineers working on modem chips by apple, so that could indicate that apple is looking at that as well. there were to get them out of the mac computers. emily: apple earnings later this week, what are you looking towards? mark: this is expected to be apple's biggest quarter in terms of revenues with them projecting revenues over $80 billion which is a rough 10% increase in terms of revenues year-over-year. we're going to be interested in seeing iphone x numbers as well. emily: mark gurman, thank you so much. that does it for this addition of technology. we are live streaming on twitter, check us out on weekdays. that is all for now. this is bloomberg. ♪ >

with apple, they usually do. they usually do because people follow apple products. and so we'll see >> speaking of apple products, kara, of course the home pod is now available for purchase we'll see it in stores soon. some of the reviews this morning, walk around in the room and you never feel like you're leaving the sweet spot wired says on a first list, not enough punch for the price have you tried it? what are your expectations around this late arrival >> i have. right now i have the echo in my house. i have two of them actually. i have the google home i don't have the apple home pod. i plan on getting one and then i'll be fully monitored so all the companies can know exactly what i'm doing in my home at all times. i think they're a little late to the party here how much functionality do they have and how much use -- you know, i think om doamazon that'e an amazing job getting ahead of these companies and google put a lot of marketing might over this i don't know if you saw all the ads over christmas it will be a tough market. apple has to differentiate themselve

coveredark, you have apple extensively. what will it take for apple to invest in this capital to see the most significant impact on its business? toa lot of that is going come from this new manufacturing plant. they announced this plan were to investing billions of dollars with manufacturing partners in the united states. it is part of this primitive $50 billion deal. they're raising it from one billion to 5 billion, which means they're getting more components from the united states for future devices. they're working on bigger iphones, new tv appliances, you three sensors for ipads, new ar glasses, and all sorts of driving technology, and you are seeing startups and manufacturing partners in the united states delving into those . we saw a lot of that at seen es -- at ces. that fivesurprised if billion dollar fund capital increases multiple fold over the next five years as their wrapping up increasingly in the united states david:. follow the tax overhaul, is it going to return to shareholders and stock buybacks or dividend

in a letter sent to apple, two major investors, need for apple to offer parents more choices and tools to help them ensure that young consumers are using products in an optimal manner. "wall street journal" reporter, david benoit, said the call to action is to protect apple's bottom line from backlash. >> apple does respond, they said they are well aware this could be an issue and we will tweak the phone and make it the best phone you can buy your kids. >> to gather the -- together, they control to billion dollars of the nearly $900 billion market value. that does not stop them from asking apple to study the impact of excessive phone use on mental health. apple did not respond to our request. >>> a survey last year found 58% worry about the impact of social media on their kid's physical and mental health. more than half of the parents surveyed said their kid is attached to their phone or tablet and further studies show shorter attention spans and higher rates of depression. >> milder temps are on the way to the dmv but we have to get through a wintry mix this evening. don't let the rai

apple near session highs. the tech giant expects to pay $38 billion in taxes to repatriate its overseas cash. the company also plans to spend $30 billion in the united states over five years and create 20,000 new jobs. all of this is a consequence of the tax overhaul. joining us now, one of the bill,ects of the gop tax a senior fellow at the heritage foundation. he was also president trump's economic adviser during the 2016 campaign. >> great to be with you. julia: is this precisely what you were hoping for? >> when we wrote this up on the chalkboard two years ago, this is what we would hope -- what we hoped would happen. the bunnies would bring capital back to the united states and create jobs with it. 20,000 is a big, big number for one company, and we hope to see hundreds of more companies do the same thing. we estimate that there is about $2 trillion of capital overseas that could be repatriated to the united states, so hopefully this will start something. julia: skeptics would argue that this is a $30 bil

apple outsources. apple is in charge of operating systems and a user experience, so we simply do not see this as a high priority. emily: they do make phones. jim: they outsource the phones. emily: they outsource manufacturing, but not design. jim: true. emily: when you look more probably, what do you see happening? we heard jean munster predicting that amazon could buy target. jim: i think people think of tech as being a small area of innovation and now we are seeing these new disruptive innovations coming along, that m&a will heat up. ofthink this will be a year what we call merger mania out there, and size will not really create a constraint on things. also stock buyback will be a natural spot that will allow for eps accretions to go higher. we think this will be a big year for merger mania. emily: do you think it will go through regulatory issues like we see with at&t and time warner? jim: i think so. a lot of the area we deal with as far as hardware in the user experience doesn't see the amount of

arianna: apple and facebook are different. if you sell hardware, you still have some responsibility to have features that can protect come protect, especially children, from abuse of the phone. if you are a social media company, and as you know, in the attention economy, social media companies are deliberately mining more and more of our attention, because that is how they increase revenue and profits. that is where it is important for social media companies to put the public interest ahead of revenue, which may seem like an impossible task, but we now know that unless they do that, the backlash is going to keep growing. emily: are there other changes you see a company like facebook should be making? arianna: what is the impact of constantly pushing notifications? i don't know about you, but i have shut off all notifications except from friends. i love instagram. i love these social media apps, but i also set clear limits to how much i use them and clear limits to how much i allow notifications, alerts, etc. to be disturbing m

apple is repacked rating dollars. -- repatriating dollars. you saw the numbers come across the bloomberg. we have equity markets are rising. apple is repacked rating dollars. you will see semiconductors and tech a little bit more in focus today. apple and the bank of japan story is going to add into this. there could be a shift. otherwise -- there may be a shift in the discussion. question of whether it is one or some. important as we acknowledged in the conversation last hour. nerve as we go through the session. we are unchanged compared to where we were. more positive a few hours ago in the asian session. will we see a shutdown by -- averted by congress? when think the markets are focused on. the u.s. was strong so the dow closed above the 26,000 level for the first time. dollar-yen pretty unchanged. talked us through the boj story. that is no kind of move for decline. dropping below 10,000. that is gargantuan. anna: there is faulty will -- volatility somewhere. manus: if you want to follow the analytics of the chin

we were talking about apple earlier, but i see green across the screen for apple. what else did you see? abigail: there was another analyst out positive on apple as well. the other analyst was michelson at hyper. pipermike olson at based on a bullish iphone customer survey. there is possibility that the iphone x isn't doing as well as --e might like, but facebook, amazon, netflix, ogle all doing very well. netflix up 5%, a big day after the analysts their believing they could take over from a subscription standpoint. and what stands out about the , inc. ofce, last week america -- wobbly. here we have a chart to show that 2018 has started off in a bullish way for the bank stocks. 3382, and look at .he bank index up about 2.3% that was driven by amazon results, breaking this stalemate here we saw back the end of december. some of that could of had to do with investors leading the big gains. now that we are looking at of new year, the bulls are back. all right. bloomberg's abigail doolittle i'm sure you have lot to talk about this year. tesla reports fourth-quarter sa

for apple, it's more about selling more devices. it, i think about that users will buy more devices if they have the information and control over those devices. it, i think that usersi know a lot of parens consider, should i buy them a smartphone or not, should i buy them a tablet or not. they would buy multiple devices if they knew they could control them. today, they are wary, because they have to collect all these devices before they go to bed. i have to set controls on all of them. the controls become cumbersome. extra devices become cumbersome. that's limiting to business potential for a device manufacturer like apple. emily: what about facebook, where the business literally is the more you use facebook, the more ads we can show you, the more money we can make?\ tony: i think about facebook. first, my kids are under 11. they do not have facebook accounts. they don't have any kind of social mobile accounts. our family doesn't use them. but at the end of the day, you need to look at the content of that social mobile app. what is

apple ceo tim cook joining nevada's governor and reno's mayor to officially breakdown on apple's new warehouse located in downtown reap know, used to ship equipment to apple's new data center, also in reno. >>> apple says it will build another campus, this one focused on customer support. this is in addition to its brand-new spaceship campus in cupertino. apple says president trump's tax overhaul is a game changer, incentive to bring billions of dollars overseas back to the united states. that will help finance the creation of 20,000 new jobs over the next five years. the location of this new campus has not yet been announced but apple reportedly said it won't be in texas or california. the president tweeted his approval of apple's big news today calling it "a huge win for american workers." >>> a new strategy in the battle to lose weight. instead of focusing on what you eat, focus on the time you eat. according to a study at the university of alabama in birmingham, researchers are testing what's called a time-restricted feeding. it limits all of your eating to just eight hours, and

they just want apple to do more. >> well, i think apple -- you know, apple versus the others is very sensitive yes. everyone should do more. mental health is a big issue and addiction is a big issue for electronics, a huge issue. probably 1 in 10 of the troubled kids right now are in addiction. i'm glad they call attention to it but even if they don't have a position in facebook, wouldn't it be great -- >> you raise great questions and those are questions that i'll ask barry rosenstein tomorrow. that's a good bookie. >> barry and penner along with calsters to come on, too, to talk about why they made this investment why not google, why not facebook android is a much larger platform than -- than ios. >> i like act vision bliz hard but is call of duty necessarily something we want our kids to play i mean, do we go after activism blizzard i don't know there's a lot of people to go after. >> are we thinking that these are companies -- >> what's wrong with the companies. >> >> i think apple has probably been more responsible than most. look at this, you can look in everything, siri, block