Theaters and live sports shut down. At eng me, analyst marketer. The big headline is that disney is planning to reopen shanghai disneyland on may 11. That is certainly a big symbolic step. What is your headline take away from these results . Disney is willing to open up these parks early in order to preserve revenue. Shanghai disneyland is a relatively small part of their overall parks business. The park in the u. S. The parks in the u. S. Are likely to remain closed or seeing significantly diminished revenue for the foreseeable future. Emily lets talk about the other parts of the results. You have movies, espn, disney plus, which is really the bright spot. The said at the end of quarter, they had 33. 5 million subscribers. But they released an updated number, that they surpassed 50 million subscribers. Walk us throughout much disney plus can buoy them through this time. Eric looking back to when they announced disney plus in 2019, they gave a guidance of about 60 million to 90 Million
Intelligence individual. And, in india, however company is to capture the ecommerce market and in coming years. To our top story as the trade ceorages on, seems like the might be making progress in getting the president s ear the f phone calls. That is what via phone calls. That is a President Trump told reporters. He is the one that called. That is why he is a great executive. Others go out and hire very expensive consultants. This one called donald trump directly. I would take their call, too. He calls me whenever there is a problem. Emily pto discuss this and mort to welcome kathy wood. So great to have you here in the studio. What do you make of tim cooks approach . I think this is good news for apple, for technology. Emily the president has the night some of apples formal requests to give a tariff reprieve on the mac pro, for example. How much do you think these tariffs are actually going to impact apple given that starting september 1, we are supposed to see tariffs on air pods,
Lab. Opens his largest campus to date in india. Company is to capture the thecompany is to capture the ecommerce market and in coming years. Now, to our top story as the trade war rages on, seems like apples ceo might be making progress in getting the president s ear via phone calls. That is what President Trump told reporters. Thats before he departed for kentucky. Take a listen. Pres. Trump he is the one that called. That is why he is a great executive. Because he calls me and others dont. Others go out and hire very expensive consultants. Tim cook called donald trump directly. I would take their call, too. Hes the only one that calls me. He calls me whenever there is a problem. Emily President Trump, talking about tim cook there. To discuss this and more, i want to welcome cathie wood. So great to have you here in the studio. What do you make of tim cooks approach . Cathie i think this is good news for apple, for technology. Emily the president has the denied some of apples formal r
Second largest in california history. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. Bloomberg technology with emily chang is next. Emily im emily chang and this is bloomberg technology. Coming up, well take a look at a big year in consumer tech. What worked, what did not and what is worth your money . Plus, we discussed facebooks role on the platform for clinical propaganda. Is the social network overstepping by helping controversy all World Leaders used the platform . Ham says the firm is a tech company at heart. Our exclusive interview. Advanceddeveloping an hard ponder. Is part of a broader push to turn what is a Luxury Fashion device into a serious medical device. 20 of the population will be using a wearable device by next year. That growth rate is slowing. Joining us from chicago, along with a bloomberg tech reporter who broke the story about apple. What exactly are they working on
Chinas hna group is offering the countrys most expensive shortterm dollar bond as it struggles with soaring finance costs and maturing debt, withholding a 363 day bond at 9 . Global news 24 hours a day, followed by more than 2700 journalists and analysts. This is bloomberg. Lets take a look at the markets, trading getting underway in hong kong and china. Chinese stocks ever treated. The shanghai, up ice extents of 1 . Up by 6 10ghai comp of 1 . This is bloomberg. Emily i am emily chang, and this is bloomberg technology. Coming up, facebooks third come thirdquarter numbers shred expectations with the fallout from the tech industry. Bloomberg has the numbers and Mark Zuckerbergs warning about profitability. Tesla also reported thirdquarter results with disappointing numbers. We will review the production setbacks for the highly anticipated model three. A Bigger Picture emerges with the sophistication of expertise behind russias influence campaign. We will show you use some of the ads is