New york stock exchange. The u. S. china trade war taking a bite out of apple, now on pace for the worst day in over a week as the white houses 15 tariff on a new batch of goods goes into effect over the weekend obviously, a big story for the markets. Apple products expected to be hit this time around include the apple watch, air pods, the home pod, imax, and some beat headphones for more on where the stock may go from here, were joined by an apple bear, Pierre Ferragu has a sell on the stock, a 170 target. Also with us, apple bull, daniel flax, whose target is, daniel . Carl, i cant give you a specific target, but what i can say is that while the nearterm environment certainly remains sluggish with iphone and clearly theres a risk in terms of higher prices from tariffs impacting demand, we see a lot that we like over the medium term and i say that because the iphone install base is continuing to grow the company has opportunities to show additional growth with Newer Services like tv a
Guest thats how its being referred to now in copyright circles. It is really, its become a ridiculous, absurd system. Service providers spend a lot of money on dealing with these notices and from the author perspective dont actually achieve getting anything taken down. So we are asking for a number of change to that part of the statute. Were also looking at collective licenses for books so that libraries can access copies of books and actually pay for them instead of having libraries and the googles saying, oh, we cant possibly license all these books, so it has to be fair use. That takes away a lot of income, ultimately, out of the market and from authors. So those are the big ones, but there are a bunch of issues. Host when you look at where we are in publishing in 2016, has there ever been another period in history where this revolution is happening like it is now . Well, when the yeah. I mean, when the beginning of publishing. It was a huge change in terms of the written word. It w
That he is not getting answers about the controversy. Youtube adds marketing features. First though, to our lead. Ibms thirdquarter results, the company saying it turned a 3 billion profit, but revenue was down 14 . This is the 14th straight quarter of yearly decline. Big blue missing wall street estimates on the sales side as it struggles to turn the business around. To refocus on cloud, security, analytics. Ibm reduced its fullyear earnings per share guidance. Tom giles joins me. It does not look good. Do you see something i dont . Tom there are signs of hope, evidence the transformation is happening. It is just not happening quickly enough. ; she wants to focus on cloud, analytics, and security. But revenue in those areas is up, but it is not growing as quickly as it did in the last quarter. Tom when you are the management of ibm, you have to look for the Silver Lining somewhere. The doubledigit growth is a positive sign. The problem the conversion is not happening quickly now. When
Features in the battle for eyeballs and online gamers. First though, to our lead. Ibms thirdquarter results, the company saying it turned a 3 billion profit, but revenue was down 14 . This is the 14th straight quarter of yearly decline. Big blue missing wall street estimates on the sales side as it struggles to turn the business around. To refocus on cloud, security, analytics. Ibm reduced its fullyear earnings per share guidance. Joining me now here in the studio is tom giles. It does not look good. Do you see something i dont . Tom there are signs of hope, evidence the transformation is happening. It is just not happening quickly enough. Emily she wants to focus on cloud, analytics, and security. But revenue in those areas is up, but it is not growing as quickly as it did in the last quarter. Tom when you are the management of ibm, you have to look for the Silver Lining somewhere. The doubledigit growth is a positive sign. The problem the conversion is not happening quickly now. When
Headed toplanes are syria. Lawmakers in germany approved the deployment today. They will help conduct Surveillance Missions for the coalition. Has welcomed indonesia back as its 13th member nation. Southeast asia up a large returns to the organization after a sevenyear suspension. Its opecs only asian member. The cafe were five people were killed in the paris attacks has reopened. Since the attacks, the cafe has piled high with flowers. Thats a look at our bloomberg first alert news. Get more on this and other breaking stories 24 hours a day at bloomberg. Com. ,ming up on bloomberg west the u. S. Job market remains strong, markets rally and a fed rate hike is upon us. What does that mean for lending in technology . Comments in my latest studio 1. 0 on how diversity has caused quite a stir on social media. As airbnb continues its global push and claims more transparency, i catch up with the global head of policy. Lead, another strong jobs report today fueling expectations that the fed w