Moffett Discusses News Corp., Cable Market, July 20

July 20 (Bloomberg) -- Craig Moffett, an analyst at Sanford C. Bernstein & Co. Inc., talks about the U.S. economy, consumer spending and the cable industry. Moffett, speaking with Tom Keene on Bloomberg Television's "Surveillance Midday," also discusses the performance of Apple Inc. and how News Corp. executive management is handling the phone-hacking scandal. (Source: Bloomberg)