Morning. Hall, watching the hot products on ebay. So far its been hoverboards, its been star wars merchandise. Whats your insight when you look at the hot products and categories . What you do you think is going to be popular not just through black friday, but the holidays . Its early. But were excited about the Performance Today excellent thanksgiving for us. And black friday is off to a good start. Toys are hot this year. Not just hoover kiloliter boards, but also the barbie dream house, mechanoids, s. T. E. M. Related stuff. Game stations and xbox and playstation 4s are always hot. If it says apple on it, it sells so looking forward to getting around those types of items. Let me switch gears and ask you a few questions. I know your investors have. Your gross merchandise volume. Single digits, last quarter, around 3 , i know analysts, how do you grow so its more in line with the broader ecommerce brands . Were focused on executing our strategy, which is bringing the unique inventory that our sellers put on our marketplace to our buyers and shoppers across the globe. Were excited about where were taking the business and confident that the next 20 years of ebay would be as bright as the last 20 years. In retail, hall, the name of the game, its speed, its user experience. The people, the distribution centers. How do you think about that competition that rivalry as we head into the holidays . Were again focused on execute eeg bays game plan. Over 40 of the items we have on our site get to a customers home in three days or less. 60 of the items we have on our site ship for free. Weve got great values and deals across the marketplace. Every item in our deals platform ships free to a customers home. Backed by the emay moneyback guarantee. Were firing on all cylinders, looking forward to the next 12 days of holiday selling season. The last question here, hall, how do you think about these Loyalty Programs . Full disclosure, im an amazon prime member to get me to buy on ebay. It seems you would have to offer me an item at a cheaper price or offer me an item i cant find on amazon. How do you think about competing with those kinds of programs . We focus on offering our shoppers the proposition theyre looking for. For the Holiday Season we have phenomenal values on the iphone 6 s. If youre looking for an iphone, can you buy him an iphone 5 or an iphone 4 that might be used or refurbished and get a phenomenal deal. Thats what great proposition for ebay is all about. Over 60 of our items ship for free on our site. You dont have to pay for Loyalty Program and 40 of our items get to our customers home in three days or less. Hall, thanks so much for your time. Ill send it back to you guys. Joining thus morning from washington today, kara swisher, executive editor at re code on this black friday, good morning to you. How you doing . Good, but not great as the expectation for black friday today. A lot of consumers shopping online. We did talk to macys ceo, terry lundgren, he talked about retail versus bricks and mortar. 90 of all the products that we carry in our stores is still sold in bricks and mortar. Last year it was 92. 5 . So its the gap is narrowed to 90 . But still, the significant amount of inventory still being sold in the in the actual stores. So kara, this morning, some people tried to argue that this is the season, where officially black friday as we know it, going to the mall. Is a novelty. Right . You go because you want to go through that experience. Not because you need to. Absolutely. Its really interesting. You know, i think the retailers that have brickandmortar stores are battling a secular trend. An age trend in that millennials and even everybody, i buy all my stuff online now. I cant tell you how much, how little gi to a store. The question is, if you like shopping, if you want to search for discounts, if its entertainment, you go to stores. Right now i think most people are very used to using retail online and its gotten easier and easier. The sites have gotten better and theres a lot of great stuff using your mobile device which i think has improved rather drastically. I like the headline on re code, dead mall walking. Very appropriate to what youre saying. Obviously amazon is a big winner here. How about the bricks and Mortar Retail stores that have pursued the omni channel as their buzz word for online strategy . Is anything standing out to you . No, i think theyve been slow, most of the bigname retailers have been slow to recognize this trend. Some of the Furniture Stores and specialty stores. One interesting trend obviously is etsy. Which amazon is trying to copy. With the hand made goods and the special crafts and things like that. Thats an interesting trend. Because you can have access to so much more than you can in a regular retail store. And presentation is everything. Online presentation has improved so much that people can get a sense of these products really well. I dont know if youve tried some of these sites, theyre amazing and the ability to really sample the product, even if you dont touch it i think thats what retailers have, theres certain products you do want to see in person. And maybe thats a great thing. But i dont think anyone likes being in a store unless you find it a sport, wants to be there on a day like today. Really quickly kara, when you think about this dynamic, in your head do you think about ak zom web services and rack space or is this more about the individual retailer . A combination of all of those things . I think its all of it. I think if youre a retailer, its sort of like being in the entertainment business and not understanding everything is being digital and understanding tv everywhere. Its the same secular trend happening in every other industry, finance, cars, all kinds of things, so for retailers, this has been coming for a long time. Theres other exciting retailers like jet. Com that are changing the way things are delivered, right down to food delivery. Its just a secular trend. Just wait theres a lot of them going on across the, across the broad economy. Its been fun to watch. Not so fun has been espn, seven million subs lost in two years. The rough news from disney. The shares are down 4 . Currently the worst performer on the dow. We should mention that theyre making up for some of that overseas, kara. But again youre talking about disruption, cable is going through it, too. Its not a disruption, its over. I know they all talk about that. But its just, again, when i say secular, millennials do not watch cable television. Argue against that its slowing down and doing different things. But fact is theyre getting their entertainment in different ways, theyre not, this has been an enormous moneymaker for disney. Recently i interviewed on the stage of the vanity fair conference, bob eiger about this. What can he do . This is the trend thats happening. And the question is, can they pull more profitability out of these properties. Until then, adding different things, theyve added a bunch of shows, you know specific niche shows on espn. But its sort of stops the flow, but it doesnt stop the again the major trend that is happening here. Which is declining subscribers. And the question is, will it hit a bottom . Will there be a point where it rests or not . Thats the question. Another question, is disney sort of a standout. The stock is up 26 this year. Espn is, while subscribers may be declining, its still the crown jewel, live sports is always an exception. Its got star wars coming out. The theme opening in shanghai. Looking at all of the media stocks, wouldnt you agree that disney certainly is a standout . I think i think bob eiger is one of the best ceos around in the media space. Hes been one of the first to embrace digital issues. Of course theyve got star wars, theyve got all kinds of properties, the marvel, and by the way theyre opening a theme park in shanghai, thats an experience you dont get digitally. These kinds of things. Every other area theyre trying very hard. But they were really, they benefitted from espn on the way up and when it was making a lot of money, now that particular and important part of their profitability is declining. And theyve got to figure out ways to make money elsewhere. And then they cant grow as quickly. Theyve got to make up things. So you know, every other area theyre doing rather well in. Its a question of what do they do with this again, trend its not really their fault. Its still a great product. Its just people arent using it the same ways. Speaking of Media Companies having to adapt cara, the new lawsuit calls into question the competence of sumner redstone, his ability to run the boards at viacom and cbs. Lawsuit bay former girlfriend demands that redstone be examined to see if he can make decisions for himself. Whats your take . How many times has this happened with big moguls that this happens at the end of their lives . This is sad. I think the question is, is you know, this has happened again and again and hes quite old. The question is, is he in charge of his facilities, this person is alleging not and all kinds of crazy stuff. Hes got a lot of the viacom side. They pull dplephilippe dumont i charge of his health care. This woman was before. And so is she saying it for the money or saying it for something real. I think it was brooke astor, it was very real, and in other cases its someone looking for money. Its not great for cbs or viacom to have this stuff out there. Its kind of inevitable at this point given him, i guess and his life. But i think the question is, who is going to take over the company . Is it going to be his daughter Sheri Redstone . Who is going to control this post, post when hes not alive any more . I think thats probably where everybody is focused and nobody will talk about that issue. Thats the real deal. The ownership interest will be taken over by seven trustees, which includes his daughter. The other big picket question is what happens ultimately to viacom and cbs. Given all of these changing viewer habits and if he does leave and retire and something happens, do the Companies Take a new direction . Do they get sold . I think thats the big question. You have some very strong executives at both companies. Les moon vvemoonves, very exper and philippe dumont, in charge of mr. Redstones health care this stuff is great for new york tabloids, its like a soap opera. It feels like youre watching empire or something and the guy has lived his life like that. Sadly it has to sort of end like this. I dont know, its one of these sad cases that you see a lot. A makes me sad to thing about. Redstones attorney did respond to the lawsuit saying its a meritless action riddled with lies and a despicable invasion of mr. Redstones policy. Showing that ms. Herzer will stop at nothing. A claim that she filed this lawsuit out of concern for mr. Redstone is preposterous. A tough note to end on, bs thats where were going to end it, kara, thanks have a great weekend. Meantime, russia looking to retaliate against turkey for downing of the war plane by imposing economic sanctions and suspending visafree travel. During a meeting with french president francois holland, russian president Vladimir Putin said hes drid to cooperate in the fight against isis. Whats the latest, jeff . Yeah well thats just deal with that meeting with the president of france first. It seemed to go relatively well. Even though the body language between both leaders was rather tense. But what we got in the end was an agreement by the russians to cooperate more fully with the french and other nato powers. And it looks as though there will be a focus on isis terror groups specifically and that there will be a stepping up of bombing campaigns against those groups so that was a step forward farce the war against isis is concerned. Now, as far as the issue of the downing of this russian jet bomber, the war of words between president putin and president erdogan of turkey, only seems to have stepped up while both sides have been saying theyre trying to deescalate the situation. But lets be realistic here. Both sides have a great deal to lose. Not only strategically, but economically if this war of words gets worse. Four and a half million russians visited turkey last year bringing important revenue for that country and the turks have spent 25 billion over the last 12 months buying russian oil and gas, so there would be considerable fallout if there were significant economic sanctions from this spat over the downing of this jet. So while there has been talk of leveling some economic sanctions against turkey. So far its only been relatively lowlevel talk about projects being suspended. Sara, let me send it back to you. I want to check markets, investors continue to brush aside earlier concerns in the week about these geopolitical tensions in europe. A mixed session on wall street. The dow is being weighed down a bit by disney. Now down just four points, the s p and the nas are in positive territory. Energy is the worstperforming group in the s p. Crude oil down more than 2 . Trying to close around 42 a barrel. Looking into the s p 500. Shares of hewlettpackard, after hitting a post slip low on wednesday. Stock down 26 for the year. Shares of Hp Enterprise leading the s p gaining roughly 3 this morning. They had a good quarter. They had a good day on wednesday. It feels like a lifetime ago. It feels like a friday. After the Earnings Report and after david talked about. When we come back, what tablet trouble . Target saying the ipad was its top sell they are thanksgiving. Max gereman tells us if that demand could last. And with thousands of people shopping online. How can you make sure your information is safe . Well talk to the former chief Technology Officer for the federal government. And disney shares may be struggling but the demand for star wars is strong as ever. More when quack quack continues. Being a keen observer of the world has gotten you far, but what if you could see more of what you wanted to know . With fidelitys new active trader pro investing platform, the information thats important to you is all in one place, so finding more insight is easier. Its your idea powered by active trader pro. Another way fidelity gives you a more powerful investing experience. Call our specialists today to get up and running. Usic another sunny day by belle and sebastian such a shame its labeled a getaway. Life should always feel like this. Hampton. We go together. Always get the lowest price, only when you book direct at hampton. Com apple backing away from direct black friday deals this year. But apples new bigger ipad pro expected to be a big winner today. Joining us now 9 to 5 mac Senior Editor mark german. Happy thanksgiving to you. We know that apple is not doing direct deals. If you go to target or a walmart even, you can actually get apple products on sale. Is that going to move the needle for apple this Holiday Season . Theyre not doing their own black friday sales is perhaps going to hurt their holiday income a bit. But i think its worth it because theyve really done a great job outsourcing to resellers. Their direct sales might go down a little bit. But the sales through best buy and other third Party Resellers might go up a bit and it will all balance out or put apple more in the green. Overall its a solid strategy. The other thing is we dont have any hard numbers, obviously. But theres anecdotal numbers starting to trickle out. Target said it had a great thanksgiving period and apple continued to be a strong product. Josh lipton was talking about it with an executive at ebay. Saying anything apple sold well. Theyre talking about the apple watch and apple ipad. Two products which analysts have been negative on for apple. Its a little surprising given all the negative talk about apple. But target and best buy are having absolutely amazing deals on these products, theyre giving gift cards. Rebates. I think through today and christmas it will be huge for both of these products. Well seal how it affects the bottom line when we announce results next year. The debail rages on about the chip orderers and whether or not theres a slowdown in the pipeline and what it means for phones in the december quarter. Whats 9 to 5 macs take on all of that. Apple diversifies its chip suppliers, its hard to look into the supply chain to get an idea of how many units apple is selling, what their margins and revenues will be. I think its safest to wait to see how apple portrays their numbers, come the announcement. Is it your sense that the ipad pro can in fact rescue the tablet category, the way some apple enthusiasts suggest . Ive been using the ipad pro since the launch date and youve been using the smart keyboard late last week. I think its a fantastic product it doesnt feel like an ipad. It feels more like a mac with the big splitscreen views. Will it save the ipad . Im not sure. But i think it gives apple a leg up in the future of desk top and laptop computing, its somewhere more in the middle sort of like a surface, i think its beyond the ipad, more of them preparing for the future of the mac. What about iphones. Are those popular holiday im items . I wonder if it changes because of the new subsidy plans with the phone makers. Absolutely, iphone is popular, apples cash cow. Everything that apple does these days in terms of product launches and services and software is all about insuring big iphone numbers and margins. So of course its still popular, and best buy and target are offering comparable gift card and rebate programs. I dont think the lack of subsidy programs these days really has a big effect on the iphone. When it comes to, talked about the chip orders. China apple pay, is that going to be a definitive story in 2016 . Well see it by march. I like to give a little bit of a month leeway in either direction for prospective apple launches, because things change, theres negotiations with governments and such. So i think apple pay in china will be a big boost for those apple pay usage numbers it hasnt been as strong as people have expected so far in the u. S. , in the uk, canada and australia. But i think given the amount of iphones sold in china, this will be a big deal. Mark, good to see you again. Enjoy the break. Chicago gearing up for massive protests in its luxury shopping area on black friday, after outrage about the video of the police shooting. Live on the ground in a moment. Working 24 7 on mobile trader, rated 1 trading app in the app store. It lets you trade stocks, options, futures. Even advanced orders. And it offers more charts than a lot of the other competitors do in desktop. You work so late. I guess you dont see your family very much . I see them all the time. Did you finish your derivative pricing model, honey . For all the confidence you need. Td ameritrade. You got this. Outrage over the Fatal S