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Iphones, i thought we were trying to get apple to move manufacturing to the united states because once again, hearing covid is impacting that region, big fox plant that makes them, we wouldn't have that problem if it was in indiana. >> no question apple is in the process of reducing china dependence, it was dependent on china as qualcom. the chips act, to produce chips in united states with semiconductor and inteleboth taking that opportunity, it is a start, steve, we have a long way to go to get back to being what we used to be, the chip capital of the world, innovation and manufacturing capi...

Amy Klobuchar said Apple, Google can "exclude or suppress apps that compete with their own products". A panel of U.S. senators questioned officials from Apple Inc and Alphabet Inc's Google on Wednesday about the dominance of their mobile app stores and whether the companies abuse their power at the expense of smaller competitors. Amy Klobuchar, the top Senate Democrat on antitrust issues, said Apple and Google can use their power to "exclude or suppress apps that compete with their own products" and "charge excessive fees that affect competition." App makers like music streaming service Spoti...

Time today. >> thank you, rich afterward. >> what would you do with $98 million? that's the question apple has been grasping with and now a decision. what's moving your money. mandy, they're not going to use that huge boatload of cash to buy up or gobble up one of their competitors. what are they going to do with it? >> reporter: they are going to pay a regular dividend of $265 a share in july and buy back up to $10 billion of its stock beginning in the next fiscal year. now the share buyback pam should run over three years. the pray mare objective is to offset the impact of stock options and ...