Successful launch, the apple card issued by Goldman Sachs hit some snags in 2019. First, our top story. Tech continues to be the outperformer in 2019 with the nasdaq on track for its best year since 2013. The tech index is up 35 , just 3 shy of 2013s banner year. It is largely due to apple and the chipmakers. Joining us is abigail doolittle. I am showing on my terminal a chart about divergence, winners and losers. What is your take away from the divergence . Abigail the clear winners, apple and facebook. Apple up 85 , facebook up 55 . The others up closer to 20 or 30 . Still great gains. And the complex is overall higher. 2019 really the year of record highs. The complex overall, the last record high overall back in july but those two Companies Really pulling away with the lead, apple and facebook. Apple putting in record high after record high. And behind that buying power, you have to think it had something to do with 2018. Because between october and december 2018, apple fell about
Successful launch, the apple his calls for 2020. Google undergoing oracle card issued by Goldman Sachs hit some snags in 2019. Undergoing a big transformation. How do you see facebook entering what is a pretty crowded cloud first, our top story. Business . Tech continues to be the john it is crowded at the outperform or in 2019 with the application layer. Nasdaq on track for its best you have salesforce and all of those Different Software service year since 2013. 35 , justndex is up companies. With what amazon does, the aws 3 shy of 20s banner year. Service, there were really only ofis largely due to the three competitors, at least in north america. Microsoft as newer microsoft 2013s banner year. Aws, and google cloud. It is rgely due to apple and above the chipmakers. I am showing on my terminal i think the thing that chart about divergence, winners distinguishes these guys is obviously they have done a lot and losers. Of innovative stuff, but it is the clear winners, scale. Facebook,
We are going to have more of a dialogue and if you have questions we will engage up for the last 30 minutes. The first is a think many of you saw jon on 60 minutes this past sunday. Is there anything on the cutting floor of 60 minutes youd like to apprise . I think i went pretty well. 60 minutes folks it was her second case on 60 minutes in the last year both of them having to do with espionage. One chinese and one russian but a good indication both of the kind of the tv we are seeing these days but also the level of interest in the media which is very different from the last time i is on the National Security division when this is really a counterterrorism job and it was 95 counterterrorism post9 11 al qaeda responsibility. This is a big shift over the last 10 or 12 years. One of the questions we all have the nsc has been quite active in the china prosecution. Youve done your china initiative. What do you see as the goal of nst in that space and what do you consider success in that sp
A robust simple and low cost electric vehicle that can be assembled anywhere in the world. Do you sometimes feel overwhelmed by the abundance of new Technology Like all those relentlessly Innovative Devices with their hundreds of apps. For wearables Computer Systems that literally get on your back for the never ending flow of streaming Services Sometimes you might wish yourself back in a simpler age. Now google engineering is aiming to make that possible. Once upon a time this mobile phone was like cutting edge of high tech. 20 years of sweeping the market but nothing a 3310. 00 was rereleased in 2017 it still has none of todays standard apps but its battery runs for almost one month between charges and it only costs 50 euros but Many Companies arent willing to risk relaunching back to basics models not even a former market leader. Because its often just the fairest devaluing your own brand i thought because the customers could think its no longer a top brand or because theyre worried
Bitcoin billionaires. I know. He got really sick this morning and just absolutely couldnt make it so we will talk a little bit about his book just for those of you who are wondering. [applause] we are going to leadtime at the end for audience q a as well so please be thinking about your questions for mike. We would love to have an interactive conversation with you. Let me just start, actually im going to start by saying a couple of words about bens book before we dive into mike in his book. For any of you that havent checked it out yet its called bitcoin billionaires and its the story of the winkle lost twins. [applause] you may remember them from the facebook story. They were the two brothers at harvard who actually hired Mark Zuckerberg to help them build out their social Network Platform at harvard. Mark was a Software Developer and coder and engineer who helped them build their platform but then he actually ended up spending away from them and creating his own platform so they made