Colleagues here. Thank you for your leadership over many years. And for being a part of this next phase. I see the future of video and Television Broadcasting in particular is remaining bright as long as localism, lives journalism, consumer protections, emergency alerts, as long as those are important parts of Public Policy, i think broadcast television plays the indispensable role. Michael . Michael television will be dramatically different. Its going to be much more multidimensional as a Consumer Experience than it is today. I think consumers are clearly delighting in a range of Consumer Electronics devices that provide screens, that provide televisionlike experiences across a myriad of platforms that never existed before. I think that will continue to proliferate as a legacy of steve jobs begins to continue to create magical devices on which quality video can be distributed. I think the nature of content is going to continue to radically expand. The old adage that life is stranger t
What do you foresee in that regard . Michael its very difficult to say because people have different perceptions. It beautiful. I dont find it as radically transformational as i thought analog to hd was, which are member being chairman of the fcc touring and seeing my having my socks knocked off. I have 4k set at home, not a lot to watch yet. It doesnt have that dramatic differentiation. Other characteristics improve quality quite dramatically, hdr cable with the, the way color is rendered is quite beautiful. But this is just a cautionary tale. The human ear can only hear so may things in the human eye has so many limitations. You can only make a machine and begins to exceed real life and you have to be careful i dont know how to put this but i at some point, we are exceeding what is natural and the experience becomes unreal and jarring and almost too sharp that it creates a conflict with the way you see the world. I have no idea if that is 4k or 8k. Or some k in the future. If it help
Spoke and said some things as well. I listen to what you say and i dont always follow it. Theres tablets, things you carry, a lot of displays Virtual Reality coming. Theres all sorts of technology. Some of which are aware of lcd and things like that. Some have not been invented or research labs. I really do want to correct. Its not just about apple. Apple is a great company. They are doing great things. Vizio is talking about going public today. In terms of what else well be seeing in the near term its had a successful run. When i talked to retailers, i hear about sets going off the shelves. The numbers are truly astounding in terms of how they are selling and the price you can get. Because we all work in washington, d. C. , i suppose the obligatory question has to be, well start this time with you, michael, what can the government do to help or, on the other hand hinder your industry and filling out its role in the future of television and feel free to lay out any concerns you have ab
A new report to his clients. Hes here with us at post 9 to share it with us and share it with you. Laszlo, nice to see you again. The front cover says it all ill hold it up, as the big reveal, 3200 on the s p. When and how . Most people dont realize that were now in the second great greatest s p rally in history and were actually ahead of the 1990 rally. And if the the market continues to gain 11 basis points a day as it has for the last six years. That two years out or so, were going to be over 3,000. So its more a matter of guidance. Were trying to tell people stay with it dont let the bad news shake you out. We heard all of this before. And theres no reason why we cant go back to as much as 1990. Theres no reason why we cant keep on going. The market feels a little tired, theres news thats been unsettling investors from earnings that arent that great. China, the economy slowing down, the stock market crashing and unsettling people. Theres still the Economic Situation in europe. I co
Billion in market cap. That is equivalent to three teslas, three yahoo s, two netflixes, or one mcdonalds. So does the stock have further to fall here . Could this be the best opportunity to buy apple the whole year . Guy adami, what do you say . Thats real cute with the sock puppet there, mel. If the puppet fits, man. Listen, tims been on this. Dan as well in terms of the price reaction over the last few months. Its definitely hit a soft patch. Is it the best time to buy . I dont think so. I think technically now it sets up to move toward levels we last saw in mid december and a couple times in january. Effectively 105. Doesnt mean the companys broken. Doesnt mean its not a great stock. It just means technically thats what it should do. What could it be a cause of . I think this china move has farreaching ramifications. Who knows if its margin calls manifesting themselves in the selling of apple . It could be a number of things. But think 105 is a level you look to on the down side. W