angela ahrens says supply versus demand spiked the long wait times. d they'll start getting their watches on friday. joining us from palo alto. roger mcnamee, co-founder of elevation partners. roger, you think the watch is a big deal particularly for apple pay. what's your sense of that? and the overall availability issue? is it good that they're managing it this way? is it too disappointing for people who thought they were going to be able to go to the store and buy a watch at the end of the week? >> i can't see a negative scenario in this for apple at all. the reason the watch is so profoundly important, has nothing to do with the revenue. apple is a $200 million revenue company. it's four times as big as the watch market. so that isn't really the big news here. the big news is that apple has this initiative called apple pay. which allows you essentially to replace your credit card with stuff built into the ios operating system. initially in the iphone now, in the apple watch. think about it for a moment, a watch son your body it's very secure. it's