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Apple and IBM reprimanded.
And companies not borrowing a busy blitz so let's -- -- tonight.
Doing the blitz -- we have Keith FitzGerald and they've Manning already Suwon Samsung -- -- apple loud fire but.
Apple says because Samsung does rips all of Apple's stuff look.
The -- might have a point because -- on appears to be playing a very dangerous and familiar apple like -- Running out of a very hot phone just -- it hits the market is it manufacturing its own.
Got a dead before that -- -- crisis or is Samsung are risking its gonna get it and soon date would even.
Hardly know what.
Exactly they're doing on that front -- but it's an interesting phenomenon watching me -- watching the Samsung phone begins to overtake the apple stuff.
It strikes me that in this modern world we've got where there's so much transparent and information.
It's very very hard for these companies to -- hold on to the crown the technology crown.
When you can look and see other people's real experiences of the technology and how good it is and all that stuff.
So what happens is you know Samsung quickly now can supersede apple even -- apple seemed insurmountable who previously.
Toppled the insurmountable Blackberry who previously toppled the insurmountable.
Motorola and it makes you wonder if maybe there's just that incentive that hey I only get to be King of the Hill for a little time.
I'm -- milk it for all its work.
But you know there there is some -- -- keep it up playing these games -- they are deliberate and there's no way to prove that that'll decide you're looking for this hot.
That's where -- -- -- -- calling it and it's not around.
Hey look you know if I were the CEO of Samsung I'd be doing exactly that I'd wanna create as much buzz as much -- on my product is possible to get as many consumers in the door buying when you don't want to overdo it do you keep having you know one of sick people -- -- you.
You don't -- -- create ill will there's no doubt about that but you know here's the thing Apple's living on his legacy used to have a four or five year lead because it redefine an entire product category Samsung is pulling a very classic strategies of -- observed watch design and improved.
-- improvements are getting so fast that apple now can't keep up and I think they're really struggle with that which is why Samsung is getting so much ground right now.
All right let's -- on issued zero big blue were updating -- success mill workers.
Blackened blow in an internal video.
There you have the CEO telling all IBM matters to shape up or -- little -- get out -- the inserted insinuation here.
They have to get their act together or they could be out all together keep it that sounds a little harsh but I guess to be expected.
Well I think so I mean the mandate is clearly turn IBM around the problem is this time I am very doubtful they're going to be able to do it much of their -- -- business is being cannibalized the servers are going away cloud computing is working against it.
Big blue may finally be on the wrong side -- curve here this time.
-- -- does that type of management.
Where you put -- -- you know what in your workers but on that general level work.
I don't think it works very often and he's going to be very hard for them in this situation I do you think they are I think that's right they're on the wrong side of history and and and not able to make that same kind of paradigm jump that they made from the mainframe world to the PC world some thirty years ago.
This is a bigger batter -- one in which I think.
They're simply less revenue and less money to be made.
And what you have view of the world only 100 in two year old computer company.
Trying to still play ball and that and one that had a very strong culture is based around that previous era this is this may be a bridge too far.
I'm Lou Gerstner got a mobile desperate try and -- but -- say also that all right our -- three subsidies spoke out earlier -- sell it.
It's not because of them because the companies to started to sit and borrowing.
Invest in the first two weeks no less than banks are saying.
Businesses have been -- 9% less of the -- today nots keeps -- who has.
Hi I I think the banks have got an awful lot to do it did -- they don't want a -- looking for excuses not to land and now all of a sudden when they've got uncertainty around nobody actually wants their money.
-- whose fault is that to me this is an uncertainty issue and that speaks to everything that's going on in Washington.
Everything that isn't going on in Washington and what Wall -- up to if -- CEOs feel uncertain they're not gonna make the investments they're not gonna hire.
Which is why much of the earnings today using you know they're so low they're laughable yet we have a tremendous number of beats this is very disconcerting to me.
All right I did I don't know what the reality is here whether this is a reflection of companies that -- -- stated already they don't need to borrow.
A lot of them at a public for example whose -- -- cash.
Or there's something more sinister afoot when -- There's something different -- -- let's go back the last story -- why is there less revenue available fried you haven't because some of the technology models are changing.
You can bottle still much more by the sit.
It is it it's my fervent belief.
That we've entered an era where business is becoming strangely less capital intensive.
And so you combine this lower capital intensive -- right.
We've we've -- this horrible regulatory uncertainty and what you did is is is especially entrepreneurial company CEO's saying.
I wonder if there's a way I can do this without investing my money wondered if -- cloud based way I wonder if there's an outsourced kind of way I wonder if there's a collaborative kind of way I can make this happen it's a different economy health.
You know do you guys think -- -- how low rates aren't -- in a weird twisted way.
How that reinforces the banks.
Behavior if there the culprit here are part of the -- -- not lending there's very little incentive for them to do so.
There were -- their run with his bubble whatever you want to call it and enjoying every minute of it.
Yeah and it got so much cash on hand that customers have become almost irrelevant they can get a from the treasury when they want they've got -- rescind their portfolios.
Borrowing -- -- this sort of an afterthought at this point in time yet ironically.
You know many of these businesses need more cash than ever before because they've got to -- this that's the only way they're gonna keep middle America.
I'm in the employment that's the way they're gonna keep -- for America running that's where they're gonna keep management functioning they've got a higher they've got to invest in now they're kind of caught in the middle.
T.'s model words -- want to thank you great job guys appreciate it.
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