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Single best Idea, Two tidbits of an eventful Friday.
Here.
I'm Bloomberg Surveillance, Inside Baseball on some history as well. Most of this process that we do it for three hours was invented years ago. I'm actually sitting in the room where it was invented here at our world headquarters by Emily. Emily went and said, okay, we got to do this. We have a staff of twenty, I have three interns. All the rest of it great, but the overload, the bearing of getting all these guests in all these voices.
You can imagine trying to do it for one day, for five days, or to do it across a twenty day month. This Friday was an example of a spectacular guest list. We could have done two here, two here, two here. I could have done a three hour podcast of surveillance single best idea. But instead we have to choose and choose rapidly, and we do that because the staff really controls the show. I can't say enough how I'm not involved in picking the guests. We go over
them and all that. This one was good, this one was bad, and that, But what a joy to walk into the world headquarters today of Bloomberg and see the quality of our guests. Dan iives will join us in a moment, no doubt on Apple. But Ediar Denny is here, and he is identified with the bull market, not lest October, but the two October is now on, and it's beginning to be a great bull market. There's another bullmarket. It's
out there in bitcoin. I mean, come on, you got to ask you Edjo Denny about bitdog.
Well, this will probably get a lot of people mad at me, but I mean, well, and that is I view I view bitcoin as a digital tulips. In other words, it is kind of like what happened in Holland with the bubble in tulips. But there's a huge difference here which really presents the possibility of much higher upside which we've already seen. And that is the notion that it's a global market and it's open twenty four by seven, and we're talking about tens of thousands, hundreds of thousands,
millions of people playing in the bitcoin marketplace. So I have no idea how high I could go. I have no idea how low it can go.
Ed Yard Denny. There's Scarlett fu sitting in for Paul swhen he fell off for chair. When he said digital tulips, I thought that was absolutely perfect. Mister Yardanny very importantly reconfirming his optimism to fifty four hundred. This year he remodeled out six thousand, and he did not model sixty
five hundred out to twenty twenty six. I don't want to put words in his mouth, but doctor Yardenny made very clear that the trends in place can stay in place, and that's how you begin to imagine sixty five hundred SPX. I'm going in my head say that's now forty eight thousand, fifty thousand out there somewhere. We will see as we go. He is, with a question, the hardest traveling securities analyst
on the street. Why because people insist on listening to Daneyes, he's at Wedbush and if you just follow him on social the airplane schedule is absolutely brutal. We were talking about the nice that hees, say of Singapore airlines or you know, the domestic airlines as he does where he goes twenty days a month. I would say on a global basis, he thinks nothing of flying to Australia for seventy two hours, and of course all of that and
of course a huge cost in doing that. For webbush is made up by people that demand to hear from this opinionated technology analyst. Dan Eyes is so good that even if you totally disagree with him, you want to hear is thinking. It's not that he's been wrong on Apples. Apple's been sort of resilient. I'll say he's been off the mark on Tesla, and there's been a couple other doozies,
but on Apple he was brilliant today. Just as one quick tidbit modeling out late in the conversation that the services segment of Apple at two ninety nine U spend for the Bob Bragg's story, you know, the movie that's out on Apple right now, those services fees is a one point five trillion dollar business. Just one tidbit from Dan ives today. But far more importantly it's about the view forward for Coopertino.
And that's what it's all about right now for Apple I CA. You just keep going back to two point two billion iOS devices, D'STI and saw base. You have two in seventy five million iPhones that have been upgrade four plus years. Now you have AI coming to it. But I believe a new app store, an AI coming to iPhone sixteen with them owning their own chips. That's that's why I believe a year from now, this is a comment's going toward four trillion, not going lower in terms of the sentiment.
Dana ives resilient on Apple and making clear off of I believe it's a May second earnings report. You know what, it may take a little longer to see the future of the dan and ives optimism with Apple. We did talk about the eighteen chip as well. Look to Mark German and his must read power on all things Apple and Frankly German going out to a little bit other technology as well. It's real simple. This is a growing project.
As I say, it's a work in progress. Thank you so much for your support, particularly thinking Apple for best practices. On podcasts, the show is on Apple car Play. It's free. You download the Bloomberg app. Scarlet Foo has it. If Scarlet Foo has Apple CarPlay, YouTube can have Apple car Play and on Android at Google a play on YouTube. You go in, you search Bloomberg podcasts and it's a growing,
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