Bloomberg Audio Studios, podcasts, radio news.
Single best idea and the heart and soul of what we do is the guests and within the crushing schedule of the guests, the technology getting in in studio, in hotel rooms around the world, whatever they gotta want to come on. And we are so humble that our guests around different news events really want to come on. To get Claudia Samon on Jobsday is a big deal. So what do we do with technology? Back to back? Dan
Ives and Gina Munster with us. Don't forget some man deep sing at Bloomberg Intelligence among other worthies, But today was wonderful. Dan Eyes of web Bush Securities, Retail, Los Mag seven institutional less.
So Retells stuck with it. Institutional they've hit the exit and I think they got and they've got scared out. A lot of the mags haveing a lot attack and now guess what's gonna happen over the coming weeks. They're gonna have to double down. And I think that's why I think the run here that we can see intact over the next three four weeks, especially as we go through I think could be massive because it's under own institutionally because of well is Paul talked about stock being
up nine. In terms of Microsoft, there was a view that they were gonna miss azure. They absolutely I mean, this is an Aaron Judge like performance.
Dan iives, I didn't know Aaron Judge was. I had to ask Paul who that was. Danives there with webbush and a better than good performance by Microsoft. And I should mention Facebook as well. On we go to Apple
and Amazon, Gene Monster join from deep water. And you know, every once in a while, particularly with the generous length of time we get to speak to our guests, I can to ask something more philosophical and to me, the immense miss stree here, the immense mystery here of Apple computer is people really don't know what made Tim Cook Gene Monster on the expert on supply change Timothy Cook.
There is one hundred percent confidence in Tim Cook's ability to make the best out of an extremely difficult situation. But even his magical ability to increase gross margins by using better manufacturing over the last decade, even that power is small relative to the forces of what these tariffs could mean. And I'll just kind of put some briefly
into context is. My sense is that these tariffs when it comes to Apple, there's still mixed messages coming out of the White House in terms of how Apple's going to be impacted by that. My sense is that they're probably going to shake out somewhere between a ten and twenty percent tariff, And if that in fact ends up being the case, even with Cook's masterful to the supply chain, they're probably going to see some diminishing of gross margins and it probably goes from call it forty percent forty
one percent. They're probably going to lose a couple percent on that, call it thirty nine, and so that is it's a step back. I just want to put some context when we hear about all this, the forces that Tim Cook, the levers that he can pull, there are some limitations to it. And that's why I think that I just like applaud dan Ives and him standing up and saying like, we got to get this thing figured out, and what figured it out means is just some clarity.
And ultimately I think that that clarity is going to be twenty percent, and it's going to be a little bit of an impact. Again, doesn't change the long term trajectory of the business, but it's something that investors are focused.
Gene Monster there of deep water asset management. On the Jobs Day tomorrow, really looking forward to the coverage a wonderful set of worthies to help us with a mystery of this trade war across the nation. On your commute, major shout out to Google Alphabet and their Android Auto. I am brief that they're coming out with all sorts of new spectacular technology to drive that modern digital experience forward. On our podcast, We're out on YouTube podcast single best Idea