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So a lot of people are talking about this morning -- with Tim Cook had to say last night at the apple CEO.
Here's out of the all things digital.
-- from there right now tell us about -- to cook out of.
Well it was on the defensive when it comes to apple and the things investors -- be concerned about for instance the stock price he had to acknowledge that he's frustrated.
In that drop.
The stock price over the last several months.
But he also was asked questions about Apple's future has its lost its cool -- which he responded absolutely not he made the case defensively that.
Apple has sold 85 million iphones in the first half of this year Connell.
He made the case again with the -- 42 million ipads he said that while there is competition from android he cited the statistic that -- globally.
Of the -- Smartphone and tablet usage.
-- globally that 59% he's taking place on some form of IOS.
-- device so he touted that as a signal that.
Apple's consumers are at the front.
What they're calling here mobile first because the PC is now yesterday's news and mobile devices and how you make money off of those.
Is what everyone is talking about.
He was also asked about the grilling he took from members of congress regarding.
Apple's perhaps skillful use of the tax code to.
What some congress members and say avoid paying taxes.
cook said that apple absolutely pays taxes but any bought into that no problems with the US tax code for multinational corporations.
And here's what he said congress should do about that.
I think for.
The right approach would be simplicity.
And it's how we approach every minute every approach products and in most everything we do is to just got the code.
It's 7500 pages long none of us could read it makes sense of it.
Apple's tax return is two feet.
We just crazy especially crazy.
Crazy that's what -- Tim Cook says about the US tax code that the best thing congress could do.
Is to -- he also gave a hint of what's coming in the future for apple.
He -- to game changer is whether they deliver we will find out perhaps in less than two weeks apple has a big developers conference.
North of here up then San Francisco in which they're going to unveil what he's calling out the roll out they IOS and the future of violence as well as its.
I desktop version of OS-X.
So they're talking about the redesign of OS and IOS and those kinds of issues as apple goes forward coming up today by the way -- here at all things.
Barry Diller will be on the stage as well talking about he is firm that poses a threat to traditional broadcast television.
So those are just some of the players who will be in play.
Later this morning and afternoon got to -- sort of that Adam Shapiro I'll lie.
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