on the airplane, i am trying to learn the apple business. i have my files like a reporter. i realize i am treating my brother as if he was a source. i just wanted him to like me. i wanted to impress him. i had to do that little sister thing. the first rule was, put yourself into their world. the second part of this was understand how difficult it is and don't wait for a crisis, because the fact is, if you have this strange relationship with a sibling, you are already in kind of a crisis. you may not recognize it and maybe comfortable and okay with it, but it isn't perfect. the best predictor of happiness and long term happiness is to have good relationship s with your family and friends. the 3rd aspect is try to see your sibling as they are not as you would like them to be. going to the apple country was huge for me. again, i am embarrassed to say, 15 years i had never been once with. this is a lunatic thing my brother is doing with these apples. when i sailed down this huge area of fruit country, imagine after 9/11, apple country at harvest, thousands of acreage, beautiful

rob enderle, a tech analyst, says this could have an effect on apple's overall business: "this is foxconn's problem, but apple aggresively bids, which means that only someone like this can build apple's products. because they are so aggresive with how they drive down costs, apple is between a rock and a hard place as well because if they raise prices on the phones and devicies, it's very likely to lose customers to competitors. in the end, i think this is a problem for the chinese government to fix." a foxconn spokesoman declined to say whether apple's new iphone 5 is manufactuered at the plant where the fighting happened. you think the chinese will munch on american snacks and cereals? kellogg is sure hoping so. the company that makes frosted flakes, pop tarts, and rice krispies formed a joint venture to sell its wares through palm- oil manufacturer wilmar international. milk is becoming a staple in china. kellogg's hopes the chinese will see how well milk goes with cereal. general mills already has a deal to sell its cereal there. within 5 years, china is expected to become the world's la

the speculation is an apple radio business would mean big competition for pandora. one of the most popular way users access their pandora service is through apple's iphones and ipads, setting up the potential of a significant threat. >> many people buy mp3 and digital, and they say we're going to take over the online radio space, than pandora has to watch out. if you have an iphone and apcell built into t you're more likely to use that. >> tom: pandora shares fell 16.7%. volume was more than five times normal. the stock went public 15 months ago at $16 per share. it closed at $10.47 tonight. it's not just pandora that was hit by apple talk today. small-cap company audience makes audio and video semiconductors for smartphones. shares fell more than 63% after warning apple won't use its technology in its newest iphone. this stock came public in may at $17. tonight, it's below six. a much bigger company locked in an intense competition with apple is google. even though apple's reported plans for an internet radio service would not include working with google's android s

." >>> apple may be taking over a popular app, considering getting into the virtual radio station businesss in talks to license music for a custom radio service which would put it in direct competition with pandora and similar sites. apple service would work across devices including iphone, ipad and mac but not android phones. apple yet to comment. >>> [ unintelligible ] >>> this time of year we don't have to worry, we settle into this nice pattern, september, october, i think we are due in fact no radar picture will get active over the weekend. quiet start, 6:45 official sunrise, 7:29, nights are getting longer and we are giving -- we are getting cool north bay valleys. north bay clouds from marin they pulled away temporarily from the coast. half moon bay clear also along the peninsula. we will see a few more sneak in and around the bay throughout the next couple of hours. right now numbers are chilly at our coast 46 half moon bay, 49 santa rosa, with this drier air and not much in the way of low clouds and fog we are getting cool numbers, temperatures dropping into the valleys and draini

apple engineers are busy fixing a flaw that took some of the shine off the release of the iphone 5. the mapping program has been dogged by glitches. the firm replaced the service of google with their own in-house product and their software update for iphones and ipads. apple users have complained it's unreliable. tokyo's international airport is listed as a paper manufacturer. a small bay near tokyo comes up as the philippine sea. apple users have complained the maps provide less information on building names and railway lines than google's. >>> many young africans are held back by a poor education or none at all. some countries don't spend enough money building schools. that happens in niger, one of the world's poorers nations. only 60% make it to elementary school. some parents are trying to change that. they are chipping this money and time. >> reporter: an elementary school, the capital city, children travel from three different villages. it's the area's first elementary school. it was local people who built it four years ago. the government has teachers but locals chip in for t

. >>> after much hype and speculation, apple's iphone 5 officially made its debut and today businesses are focusing on how it can make money for them. the new iphone won't just be a big money maker for apple, it will also be a new opportunity for all of those app makers out there. our business and tech reporter scott budman is here to tell us why. hey, scott. >> diane, any time a piece of hardware gets an update, it gives smaller businesses a chance to shine. apple is no exception. there's an entire ecosystem built up. most noticeably, app makers. with half an inch added on to the iphone 5, it's extra real estate for app makers to take advantage of. they will get advice from san mateo company based on mobile apps, like fandango and helps it adapt to different screen sizes. >> most brands are most interested in creating additional functionality, to engage their users even more. that's the first thing. but there is also a possibility to use the real estate for additional advertising or other types of ways. >> advertising, perhaps something we might soon see on our phones from facebook. y

today, it unveiled its newest offerings hoping to grab business away from market leader, the apple ipad. the new kindle fire comes with a high definition screen as amazon looks to grow its streaming media business. the updated fire was one of four kindle products announced today, including a self-lighting version of the original kindle e-reader. since the fire tablet launched last fall, amazon has made some inroads in an increasingly crowded tablet market. in the second quarter, apple's ipad still commanded 69% of the tablet market. samsung was a distant second at 8%, and amazon was third at 4%. amazon is hoping to carve out its market by pricing its tablets below those of ipads. the prices on the devices introduced today range from $159 to $499. the price of amazon stock continues to go up, rising to a new all-time high. james mcquivey is a principal analyst at forrester research. what kind of competition do you think these new kindles present for apple? >> you know, they're very significant, not really becauser's going to eat into apple's market share. we do need to be honest about th

google has a business like yours, apple has a business like yours, is there enough room for all threef you? >> absolutely. first of all, we, on the android platform, apple doesn't play. apple plays just on -- >> people forget, that's the biggest mark. >> that's right. we put out a report yesterday talking about platforms and we're seeing android as a slightly bigger platform than ios, but we do compete incredibly well. you have to remember apple and google, their first priority is to have a great ecosystem for those operating systems and for developers to make money. and so they like having millennialmedia in the ecosystem as one of the three scale players and independent because their developers are going to get dollars, which are critical for them building their businesses. >> okay. what -- what are you doing in order to be able to make it so that the experience itself is good? i point this out because i often joke on air that i go to sites like when i play scramble with friends with my daughter. you know, i'm not really focused on the ads. you know, small screen, don't have great e

it will go on sale in six minutes in the big apple. >>> here's join king with the bloomberg business report. >>> apple expected to sell as many as 10 million iphones during the weekend. doors opening to large crowds in australia. apple users claiming apple lost its direction with the new maps app included in the iphone 5, apple saying it is hard to correct inaccuracies after users complained. one neighborhood is mistakenly identified as an airport. some people can't get their dog to heel imagine staying in a seat belt, bill would require motorists to buckle up dogs and cats unless they are being transported in crates. new jersey among the first state in the station to ban texting while driving and could be the first to -- drivers regularly remove hands from the wheel to keep pets out of front seat. i'm jane king with the bloomberg business report. >>> may not think a cup of tea as medicine, but researchers do. new studies announce -- ed in washington did doctor show green tea can reduce risk of osteoporosis, especially when combined with tie , -- with tai chi. green tea can burn up to

long line at apple stores. business and tech reporter, scott budman has a preof what you will find on the new iphone. scott? >> go from dream force. right in line at apple. might have taken a while, raj, lots of people took the time to download the operating system for mobile devices. preview of what is to come for those who plan to buy the iphone 5. apple's operating system update did not come without glitches. lots reporting problems getting on to wi-fi after loading ios 6. if you are one we found fixes on line. they're there. investors not too upset. apple creeped up to a new all-time high. apple's rival, samsung, says it will build a research and development center in mountain view. the new center could hold as many as 1,500 employees. samsung in the bay area, says it plans to start building in the middle of next year. another long time bay area resident going strong. adobe systems released earnings. software giant says income moved higher as the company sold copies of photoshop, reader. adobe says the future cloudy

apple and the ball companies have not provided sales figures. they're too busy counting it all. apple is expected to announce on monday. with the labor battle between american airlines and the pilot heating up, flight delays could continue. hundreds were canceled this week. hundreds more were delayed. they have pilot increasingly calling in sick. they say the problem of aging aircraft and not enough mechanics, 49 certification of american flights had been on time compared to 79% this time last year. it is all time but it feels like summer. >> tomorrow you will feel fall. if you're going to the ravens game, be prepared. it is still warm right now. 81 degrees in the air. we will look at the radar in the seventh day in a few minutes. >> now your forecast. >> bought some began at 10:49 a.m. it felt like summer. temperatures trenton to the 80's. some of these were strong. we do not have any watches or warnings. they dump some have the amounts of rain. another one is cutting across of baltimore county. heading into the city north of columbia. the will see this. it'll pass over within t

if you look at the business and forget about apple for just a moment, considering the fact that there's enough room, business is pretty good. these guys are growing on a lot of different metrics. they've really -- sales are up 51% last quarter. three-year growth rate of 132%. and, again, keep in mind, 20% was short going into today. i wouldn't be shock to see some covering here. for those reasons i like it and respect the fact that apple can come in and rep the model but i think it's premature. >> you know, i think there's a difference between the stock and fundamentals and sirius satellite had a paid subscriber base and we've seen what happened to them. i think apple getting involved will be enough to keep pressure on the stock. >> it's very possible. that's why it's really important to understand where you know that you're wrong. so on a very short-term basis, you know if this thing can't hold that $10 level like it was able to do today, the institutions that you defend the stock, it's not going to happen. i completely agree with you. this is not a riskless situation or a stock that y

business. hard to cannibalize that for a free service overnight. >> chris, pull back and look at apple here fort may be possible that they could actually own every single piece, every single segment of the home entertainment business. it is possible they could but is it reasonable? when you think of the folks down in washington worried about monopolies and such might somebody step in to stop that? >> i think it is very reasonable to expect that apple is going to be a huge player in what we call the digital living room. i think that's one of their implicit goals is to own that space and i think out of any tech company that research i think they have the best shot at doing it. they have by far the best user experience of any hardware company that i know of. and they have done so much in terms of their ecosystem, in terms of linking all the different devices together, linking content together, with the hardware, just making it work seamlessly. so you don't have to be tech guru to get the products to work. so i wouldn't bet against apple in terms of owning that digital living room and that's precis

know sometimes you should listen to your lawyer for legal advice but let's not necessarily business advice so apple wins. they have a win they have a winning verdict a billion dollars it could be more of samsung's products a block let's go through a few scenarios and they were number one a complete win for apple a complete loss for samsung legally ok samsung is out of a billion dollars or twenty two b. now as a revenue let's say it goes up to three billion dollars samsung samsung raises the prices of this contract manufacturing it is the largest contract manufacturer for apple so if you heard samsung you heard apple because apple has to pay higher prices you know that's one scenario and there are a number two and this is something actually happened already apple when the verdict ok samsung makes a technically superior product i think is widely recognized by almost everybody after the verdict samsung's sells samsung's flagship product which is galaxy s three shot through the roof you have headlines that say sales go supernova they both remove it cetera so what apple did was they energize in turbo ch

apple's revenue, and a bigger percentage of profits. erika miller, "n.b.r.," new york. >> tom: the launch of the iphone five may bring a boom in business for apple, but it also threatens to ding profit margins at apple's wireless carrier partners. a.t.&t., verizon and sprint will likely entice iphone customers with discounts on the new device, but those companies still will pay apple's full price. with the iphone 5 expected to be an me hit, it will mean an immediate hit to profit margins. at&t's wireless division had operating income marriage is of 15.2%. last quarter with no new iphone to subsidize, that margin had doubled to 30.3%. a record. margins rebound as all those customers use and pay for their service plans. >> it will be good for the carriers long term because it brings in new subscribers potentially to the network and it also allows the update of other subscriber who might have been paying lower pricing plans to upgrade to higher ones. >> reporter: in a change from previous models, the iphone 5 runs on the next generation l.t.e. wireless technology. it's much faster, and it could lead to customers gobbling up their data limi

apple engineers say they're busy fixing a flaw that took some shine off the release of the iphone 5. the company's mapping program, dogged by glitches. the firm replaced the service of their rival google with their own in house product in their software update for iphones and ipads. users have complained the new application is unreliable. the haneda international airport is listed as a paper manufacturer. and, a small bay near tokyo is described as the philippine sea. apple users have also complained that the map provide less information on building names and railway lines than googles. officials are facing trouble with manufacturing. a riot broke out in a factory in china run by one of the company's suppa suppliers. it is affiliated with taiwanese electronics maker. fox officials say a fight started at a dormitory at the plant in china. brought escalated into a riot involving nearly 2,000 employees. local police made several arrests. officials say the fight appeared not to be work related. chinese state run news agency says police believe the fight started between workers from diffe

investors are eager to see how business is managing against apple's iphone and devices running google's android software. the stock will also be in the spotlight. it's now hovering just above new lows. >> tom: still ahead,working smarter, not harder. we talk with harvard business school professor bob pozen about extreme productivity. >> tom: while the apple launch pushed technology stocks higher, gains were held in check for the broad market as investors kept a close eye on talks between spain and the european commission. they're working together to build an economic reform plan that could pave the way for a potential bailout, shoring up a financial rescue for the region. european markets finished mostly higher on reports of those talks. on wall street, the dow closed down 17 points, the nasdaq rose four, the s&p was flat. for the week, the major averages were slightly lower. the dow and nasdaq fell 0.1%. the s&p 500 fell 0.4% >> tom: mitt romney released his 2011 tax returns today. the republican presidential candidate and his wife ann paid nearly $2 million in taxes last year on more

later comcast claimed it was relocating because so many customers do business online. >>> apple co-foundersteve wozniak has his sights on a new home. why he's thinking of making a move downunder. >>> earthquakes this one may really work. >>> baggage fees hit a record. >>> if you haven't had luck with drugstore acne treatments we have news you want to hear. [ male announcer ] this is the opposite of subliminal advertising... there's no subtext... just tacos. yeah, it's our job to make you want it. but honestly... it's not that hard. old el paso. when you gotta have mexican. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant it sparks a movement. because people can't keep it to themselves. look ! no ugly spots ! awesome! incredible shine. i'm switching for good. love, love, love finish! over a million people have switched to finish. try finish free. visit us on facebook. >>> welcome back. east bay warmest low to mid 80s, 70s south bay, north bay. partly sunny at the coast, low to mid 60s from half moon bay, bodega bay into san f

business plans. nicole petallides at the new york stock exchange. apple the day with their new iphone 5, but it did not get a pop. if anything it sent it a little lower. nicole: some people say is the new iphone a bore? the thinnest, most powerful, with the new camera, all kinds of features. we will see how many they sell. david: the one thing apple mentioned they did not have was beneficial to one company, facebook. excuse me, talking about pandora. they are not going to be going into radio at this time, that seemed to help pandora little bit. nicole: for now, it seems very temporarily. today there was no talk of that jumping a couple of percentage points. david: facebook up relatively big, what is out there? nicole: the biggest gain e