Adam Satariano, from Bloo0mberg TV talks about the iPhone.

Well the story of the -- is apple of course for thirty last night they announced earnings they disappointed. Much more than a lot of people expected. Adams Atari -- from Bloomberg joins us today to help -- break -- that earnings announcement Adam Curry doing. So we do what do you think of the apple announcement last night 430 idea. Might draw jaw dropped as I saw the numbers come across. Yeah I mean does -- think of on the one hand. 21%. Profit growth in the reporting eight point eight billion dollars in. Profit on the one hand. Something that a lot of companies would drool over. But for apple are in their outside that occasion that the people developed for the companies they they -- short. You know they did in his looked like. Dear iPad sales beat a little bit their Mac sales were down in their iPhone sales missed by quite a bit I guess right. You have to be here for them and that really highlight it is that it did help critically. -- their business right now and it's really what investors. Look at ethernet yeah I'd had a double figures like their revenue pie. The iPhone built for formal of people watching and and he'd been numbered in light in the in the reasoning behind it and defeated people are just waiting for the next mock you. Good problem to have right. But in the short term -- a little bit of an. Wind does the next model come out because if it doesn't come out till October November. That means that the stock hit another bad quarter coming up. Right yet. It'll predicting he'll be out by October and it'll be a pretty significant. Over all of the laws but he dinner a little bit bigger. But it's bigger screen. But so Apple's. Yesterday on on the call in their statement that that it did. Quarter they were now in the in the amber could be even worse. -- while so that's something not to look for -- well let me ask because I saw. Litany. Talking Heads an analyst coming across the screen this morning and many of them were saying well this is a buying opportunity for Apple Stock and it struck then I said as each one of them was speaking as it to myself. They all old Apple Stock of course -- can tell us that the buying opportunity which your opinion. It'll mean that he is is is very high on apple I think there may -- water to bill. Recommendations out of and dozens of of buy recommendation. And everything that they do is is that become the docket is. Valued well there -- profit that would the price of the is. And they want you may need this release of the guys on the indeed coming later in the year many people that I thought Stewart back in the one of the biggest if not keeping it a consumer electronic. Will -- ever. -- -- -- it'll be I guess that's a thing if the next one is a blockbuster the other thing that yeah I guess you have to look forward to as well as apple TV right that's. -- be -- if you factory and if that's a home run. Back could be very good for the stock as well. Right. It's one of those things where it's one of they're -- they have out there that people don't know whether they will they won't they right now at the apple TV device. Would -- hockey -- the right thing that you can plug into your TV to play movies from my experience Netflix. In that Elena -- people one point eight million albums during the quarter which -- compared to make micro optical. About one point one million Xbox is. In the same time period ought to get our older. But -- used to -- -- but there's eloquent about it in Kucera the demand. Or are different ways to -- speedy. Right right. Well I guess if it sounds to me it is just my observation it sounds to me like they're very dependent on the new iPad. The new iPhone and if they in fact hit a home run with the apple TV the stock could come back right. Pray in -- inducted that's who we have to keep in mind and people bought the company is that it can really those -- critical. This really is going to be in the you know obviously I'll be able to and the homer and an attitude -- and -- the biggest release ever. But it showed that it did not. It's going to be really critical moment in accompany other iPad. Do really well of seventeen million of those -- during the quarter a lot of the tops among. Businesses education. But I make that -- there -- And it's gonna continue to in the biggest product that they and a. -- -- did -- very dependent on that one product -- what Adam thank you very much for your time I sure appreciate it. That's Adam sits Arianna from Bloomberg joining us today.