Chevy, its volt . Lets go to apple. M. I. T. s john leonard. You see technology for doing very precise localization in mapping. Some of the sort of parts of this whats involved in the google car. So its a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. Tim higgins, i love i didnt think about this but then i saw it. Oh, yeah. Tim higgins came from detroit. You come here to cover apple. What are the similarities between these companies . For one thing apple is a Global Company with a lot of cash. Costs, about 1 billion for a new car to be created. It costs 1 billion to build a new car . Generally speaking. Its an expensive timeconsuming process. So apple has a lot of money, 178 billion. So not short of cash. Theyve got Global Operations used to doing supply Chain Management around the world, used to doing industrial design. Used to dealing with retail network. So they have a lot of things in place. That said, designing and buildin
Bit worried about Interest Rate has been in place almost 18 to 24 months now. Almost everyone is on board and understands it. Gold bounced hard an explosion rocks and exxon refinery today. Four workers were slightly hurt, but no signs of foul play. Get ready for the third auction of bitcoin from silk road. Bitcoin prices have fallen about 52 speaking the winners we now know who plunked down 300 grand for dinner. The winner was fisa ceo shane smith vice ceo shane smith. Two of the hottest Tech Startups around snapchat raising more money theyve been talking about raising funding revenue for a month. They are talking about 2. 8 billion. Heavy interest in this. Snapchat has a valuation of between 16 billion in 19 billion. How can a photo disappearing at have such a whopping valuation . What does it tell us about what snapchat actually is . You know it as the Smartphone App that lets you send photos to friends but then selfdestruct within 10 seconds. Founding in founded in 2011 at the start
Everyone in the world is one of the great challenges of our generation. We are happy to play whatever small part we can. Breaking now, the fourth biggest brewer is releasing its numbers. Welcome to countdown. Coming up, another bloomberg exclusive. Despite recent difficulties, luxury is still growing. First numbers coming through this morning. We kick off with Fourth Quarter. The market was looking for 563 million the costs of doing business is dropping. A nice buffer of capital. But no news is news. We were waiting to hear whether philippa soccer we are still waiting for that. No new ceo. Lets talk danish beer. Sadly there was a bit of a miss. If you are looking at earnings, coming in slightly low. Not too much. 9. 2 3 billion they say profit is up, mid to high singledigit percentages. M a agenda will have to be a low priority. This is a company that is weathering a russian storm. They are the worlds fourth biggest brewer, but the biggest in russia. That is why we saw the share down 2
Should toyota worry . Chevy, its volt . Lets go to apple. M. I. T. s john leonard. You see technology for doing very precise localization in mapping. Some of the sort of parts of this whats involved in the google car. So its a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. Tim higgins, i love i didnt think about this but then i saw it. Oh, yeah. Tim higgins came from detroit. You covered the automakers and you come here to cover apple. What are the similarities between these companies . For one thing apple is a Global Company with a lot of cash. Costs, about 1 billion for a new car to be created. It costs 1 billion to build a new car . Generally speaking. Its an expensive, timeconsuming process. So apple has a lot of money, 178 billion. So not short of cash. Theyve got Global Operations used to doing supply Chain Management around the world, used to doing industrial design. Used to dealing with retail network. So they have a lo
Should toyota worry . Chevy, its volt . Lets go to apple. John leonard. You see technology for doing very precise localization in mapping. Some of the sort of parts of this whats involved in the google car. So its a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. Tim higgins, i love i didnt think about this but then i saw it. Oh, yeah. Tim higgins came from detroit. You come here to cover apple. What are the similarities between these companies . For one thing apple is a Global Company with a lot of cash. Costs, about 1 billion for a new car to be created. It costs 1 billion to build a new car . Generally speaking. Its an expensive timeconsuming process. So apple has a lot of money, 178 billion. So not short of cash. Theyve got Global Operations used to doing supply Chain Management around the world, used to doing industrial design. Used to dealing with retail network. So they have a lot of things in place. That said, designing