Galaxy note 7 phone amid all those reports. This is samsungs worstever recall and could cost the company as much as 17 billion. Not coincidentally, apple shares rallying, relatively speaking, top gainer on the dow. John, we sort of set this up in the last hour. Now were starting to put this in context of giant recalls and corporate crises in history. Its difficult to gauge. Smart phone is this unprecedented consumer product, and millions of units, highly profitable. Only a couple of companies in the industry have been able to consistently make profits at it. Apple and samsung. Now youve got samsung stumbling. Equity that could be lost. Google pushing in, competitors at the lower end trying to push up. And its q4. If youve got a premium phone, you can sell it. If you dont, you just cant sell it. How many people shift to a lower profit Samsung Phone . How many people abandon android or how many switch to another android provider . Well have to see. Fte is comparing this to j j and tyleno
Our clients. So, we have a process and i tried to get legal out there front and center and i tried to begin early and often. Oculus arettorneys at embedded with the clients. It is a slightly different model than most Legal Departments take. That means you are with your primary client and everybody that flows from him or her, and your team helps support them. Being embedded with them helps them get ahead of the issues a little bit. So, you can kind of see what is coming down the pike and try to plan for it. But yeah, i answer emails, starting at 4 50 every morning. I wake up really early and i do a couple of hours of emailing before i spend time with my family, before i send them to be off to their various camps and schools. I do work around the clock. I actually really love my job, though. There isy at facebook, a different communication culture because it is facebook. And so, we have groups were people communicate in groups. And there is facebook messenger, which is a very well used t
Our clients. So, we have a process and i tried to get legal out there front and center and i tried to begin early and often. Oculus arettorneys at embedded with the clients. It is a slightly different model than most Legal Departments take. That means you are with your primary client and everybody that flows from him or her, and your team helps support them. Being embedded with them helps them get ahead of the issues a little bit. So, you can kind of see what is coming down the pike and try to plan for it. But yeah, i answer emails, starting at 4 50 every morning. I wake up really early and i do a couple of hours of emailing before i spend time with my family, before i send them to be off to their various camps and schools. I do work around the clock. I actually really love my job, though. There isy at facebook, a different communication culture because it is facebook. And so, we have groups were people communicate in groups. And there is facebook messenger, which is a very well used t
South korea were closed for whats the mid autumn festival there. And the european equities, things are up. Cac is flat and if ftse is up by 0. 2 . This morning crude is up by 24 cents still trading at 24. 81. Lets get you caught up on the busiest day of the week. The bank of engallant is going to be announcing its latest policy decision. Expects to leave rate. Jobless claims are out at 8 30 time. The Producer Price index and september philly fed index and at 9 15 look for august Industrial Production. We talk about the apple iphone a lot. Apple now saying the initial quantities of its iphone 7 plus are sold out. Thats the one i want. The new gadgets will hit store shelves sometime tomorrow. Consumers wont be able to buy sold out phones but the company will continue to take orders online. I wont be releasing its first Sales Numbers of the iphone 7. Why . I think they made that decision a while ago. It reminds me of the details. In fairness to apple, nobody else does. Samsung doesnt. The
Policy is put on the table, the president and those involve ask the question what happens next. If you believe that a response by air strikes from the United States leads the other side to say okay, we now get t lets come to the table and negotiate. Thats a fine idea and you save add helpo. If as is more likely, they who are fighting for their lives, literally, respond with more strikes against your side and counterescalation, then you have to go the next step and where that may well end is the vy leapt overthrow of the regime, you get back to sort of baghdad or libya scenarios. And then possibly millions of refugees of all of those who had been supporting the assad regime that you just stood up to. And thats why that takes it back. That is why there are no easy all alternatives and why so much had been invested in the ceasefire which is sadly crumbling. And we conclude this evening with part one of a conversation with r50ed hoffman of linkedin. It was a long thought out decision. We s