that is as american as apple pie and of course it is absolutism disguised as apple pie. it is always, i'm not saying president obama wasn't born in america. i am just asking the question. wingnuts right now love to wrap themselves up in the american flag, and there is the sense that they are the true defenders of the founding fathers and it promotes an idea that i find air again. any political party should resume the american flag or the bible or the word of concept and freedom. the founding fathers as a reality check, weren't focused on uniting the nation, not dividing it. hamilton, madison warned about the dangers of faction. that is what the federalist papers are all about. i close the book with george washington. judge because going back to first principles, let's take a look at his farewell address to the nation. he warned against, he said there was no greater threat to the american experiment than a partisan demagogue who agitates the community with ill-founded jealousies and false alarms. candling the animosity of one part against the other. he warned against thos

that american and as apple pie. it is absolutism described as apple pie. i'm not sitting president obama wasn't born america -- i'm not saying that is what you're saying -- sign just asking the question. wingnuts right now live to wrap themselves up in the american flag and there is this since they are the defender of the founding fathers and it promotes the idea that i find arrogant that any political party should presume to own a the american flag or the bible or the concept of freedom. the founding father as a reality check of course as you know don't know we are focused on uniting the nation, not dividing it. the founding fathers, hamilton, madison warned about the danger of faction. that's the federalist papers or all about, not exacerbating. and i close the book with george washington because it is good to go back to the first principles. it's look at the farewell letters to the nation quickly. he warned against. he said there was no threat to the american experiment than partisan demagogue who agitates the community with jealousy and false alarms ki

it actually is very good for apple's competition as well as apple. >> brown: walt, how do you see this sort of notion of game change? explain to people what do we mean by the game? >> the game is the game of portable computering. not the game of being the kindle, e-reader which does essentially one thing but the game of portable computing. i would only say i agree with paul that... but i would be a slightly more cautious person. i think it is a potential game- changer. why do i say potential? because i think if people perceive it as one more thing to carry, if most people perceive it as a third thing to carry, it won't have as much appeal as it could be. i think people have to perceive it as something that allows them to leave their laptop home or not open it around the house for, you know, maybe not 100% of the things they do on their laptop but for more than a lot of the time. i know those are vague terms. that's the way i kind of think about it. if you use your laptop for surfing the web, consuming media, you know, doing email and then doing maybe a little light con ten creation, sa

>> reporter: the stampede began this morning as apple stores opened for business. the mobs were there for just one thing. >> ipad. >> reporter: some people had camped out for days for the privilege of being first to get their hands on one. and in chicago, they waited in the rain. >> it's my wife's birthday. >> reporter: tech blogger robert scobel was first to emerge from the apple store in palo alto, california. >> pretty nice. it's very, very light. >> reporter: the hype has been going on for more than two months now. >> we call it the ipad. >> reporter: since late january when apple's ceo steve jobs made that announcement, bloggers have written nonstop about the ipad. but almost mediately, the jokes began. some saying the ipad was nothing more than an ipod touch on steroids. the ipad is not a heavy duty computer, but rather a device designed for users to consume digital media. books, newspapers, music, photos, videos, the internet, all at the swipe of a finger. and then there are the fun apps like this virtual piano. ♪ it is a testament to the business savvy ofte

good a shot as any. >> it will be available in apple stores and best buy as well as somepple resellers and campus book stores. >>> still ahead on "america this morning," why a police officer used a stun gun on a 10-year-old. >>> plus, newborn twins with birthdays a week apart. and arizona's infamous sheriff with a new way to make his inma inmates work for their tv time. ♪ the ultimate basket is 78 percent candy. the♪ore eggs the better. - 12 percent grass. - i like nail polish. - easy on the grass please. - chocolate. and 10 percent what i like to call the "wow factor." walgreens makes putting together the perfect basket easy. with reese's peanut butter eggs, oreo cookies, starburst jelly beans, and more. then personalize it with something special. an egg-to-bunny ratio of four to one is crucial. walgreens. there's a way to make every bunny happy. an egg-to-bunny ratio of four to one is crucial. have you tried honey bunches of oats yet? every spoonful is a littlemmm.ferent./ they got three kinds of flakes. this is delicious. it' the perfect combinaton of sweet and crispy.

mark mullen explains that's got apple as red as it can get. >> reporter: at first this apple engineer mistakenly left this super prototype at a bar sounded sketchy. >> probably had a few too many to drink then left it. >> then we started seeing the specifics of the product. >> reporter: they procured it and thoroughly examined it. >> it is the next iphone. it will be announced in about two months. >> reporter: gi. zmodo published a review showing new features and the flash of low light in a thinner, more angular design. >> the person who found it found it working and apple shut it off remotely. >> reporter: gizmodo published a letter it received from apple asking for its device back. mac now on the attack. >> apple is probably the most secure companies you can ever imagine. >> reporter: with trade secrets guarded carefully and steve jobs launching all new major products himself. where does that leave the guy who gizmodo says lost the phone? >> their world cannot be happy right now. >> reporter: this may not be bad news for the company. with news of the super secret iphone going viral

of course, this is coming ahead, as you were mentioning, of apple's fiscal second quarter earningseses. but it's coming at the same time as we're getting more news out of paulson. the hedge fund is trying to head off investor concerns about its role in a so-called abicus ceo deal. in a letter from investors obtained by cnbc, paulson says everything was appropriate and conducted in good faith. paulson says before 2007, the firm wasn't known as an experienced mortgage investor. it was open about the views on subprime mortgages and many sophisticated investors were willing to bet against them. no clients have reportedly asked to withdraw their money from paulson. >>> a top republican lawmaker is questioning the timing of charges against paulson. darrel issa sent a letter to the s.e.c. saying that the case raises serious concerns about the agency's independence. in frankfurt, goldman is trading slightly lower, about 0.75%. christine. >> hey, nicole, joining us as our guest host for the next hour is roman scott, managing director of calaman capital. roman, good to have you with us. thank yo

, "nightly business report," new york. >> tom: it was a blowout quarter for apple, with the company selling more than twice as many iphones compared to a year ago. apple easily beat street estimates with its $3.33 per share in profits on $13.5 billion in revenue. iphone unit sales were up 131%. mac computer sales grew up 33%. ipod sales were up 1%. apple stock came into the numbers a little soft, but it hit new all-time highs after hours, with the stock up more than 6% from the close. also after the close, yahoo reported its first sales growth in more than a year, easily beating estimates. this report was the first to include a web search revenue sharing deal with microsoft. while the dow was up for the eighth session in the past nine, a couple of earnings calls were a drag for a few components. big blue was the biggest percentage loser after its better-than-expected earnings last night. the rate of growth got a lackluster response from analysts. coca-cola uncapped its earnings, beating the street by a nickel, excluding charges. its international business continues to fuel growth as north america sales volume

some americans are buying it knot as apples you might think. gallup now says 28% of americans do support the tea party. 26% oppose it and 38% do not support or oppose. which means there is persuasion option here. that's why the left-wing media is so biased against the tea party. they fear more americans will sign on. now, it's not the job of the media to engineer political thinking in this country and that's what's happening in some quarters. if you oppose the obama administration, you must be demeaned and neutralized. that is corruption. and there is no doubt it is in play. and that's the memo. now for the top story tonight, reaction and a new republican ad mocking president obama. joining from us washington, fox news analyst father catherine ham and juan williams. juan wrote an article about the tea party coverage in the "wall street journal" last week. what did you say, juan? >> what i said was the democrats are, in fact, putting themselves in danger by trying to continue to demonize the tea party. just like you said in those polls, bill, wh

this was a takeover, too much government, big government and socialism and communism, as american as applewill this health care will be. >> i think the data lost him but sure liked medicare. you're a white fellow in a district largely black. haven't you taken heat for that? aren't there people that make prejudicial statements from the left? >> there are some. my district is a diverse district, predominantly african-american. i get a lot of love in this district and represent the way they need to be represented. our district needs health care, public education, social benefits and we have been able to delivery on those. our district has really overcome a lot. we have come a long way from the assassination from dr. king, 3 days the south was segregated. memphis is on the rise. >> what do you make of this rise of the south, not the good stuff, governor of virginia we just talked about and probably argue with pat for months for this, talking about glor night confederacy and never mentioned slavery and you have governor perrin texas talking about secession and nullification and all this lingo y

either option doesn't hurt a borrower's credit score as much as a foreclosure. >>> apple has released the final numbers on the first day of sales for the ipad. the company says it sold more than 300,000 of its new tablet computers on saturday. that was pretty much in line with what most experts were predicting. apple says ipad owners downloaded more than 1 million aps and more than 250,000 electronic books on saturday. >> long lines. it's hard to believe they didn't sell out. >> i know. >>> coming up next on this tuesday, tiger woods revls more about his thanksgiving car crash, as he takes to the links for the first time. >>> and why a former "desperate housewives" star is suing for millions >>> updating this morning's breaking news from west virginia. at least 25 coal miners are dead, killed by an underground explosion at a mine south of charleston. at least four are still missing, as investigators look for a cause. one of the miners was just five weeks from retirement. it is the nation's deadliest mine accident since 1984. >>> it is time, now, for a look at morning road conditions.

and it is as american as apple pie. and pretzels.kend at the great american pie festival. and we'll have a report and i'm happy to say, guys, we have samples this morning. we won't be seating them like those guys did. >> pie and pretzels. it's dream this morning. but first let's go back to day in yazoo city, mississippi. >> reporter: good morning. >> reporter: that's quick look at your weather picture. the cleanup is just beginning here in yazoo city and it it is going to take a long time. but residents are committed to make sure all of that happens. harry, we'll send it back to you. >>> a new study out this morning finds that middle school aged children whose parents allow them to watch r-rated movies are more likely to engage in underage drinking than children who are not allowed to see such films. only 3% of the kids surveyed who were never allowed to watch r-rated move have is started drinking alcohol while under age compared to 19% of the kids who said they were sometimes allowed to watch such films as 25% of the kids who were a

and it is as american as apple pie. and pretzels.at american pie festival. and we'll have a report and i'm happy to say, guys, we have samples this morning. we won't be seating them like those guys did. >> pie and pretzels. it's dream this morning. but first let's go back to day in yazoo city, mississippi. >> reporter: good morning. church members are just beginning to show up to look around and to try and understand what happened to their church. this church burned down years ago because of arson. it was rebuilt. and church parishioners are saying despite all of the adversity, h church will be back bigger and stronger. but this morning it's hard to imagine how long that process is going to take. you cannot tell one section of a church from the other. the sanctuary from the operating areas of the church and the administration offices. it's all scattered and that's what ever of yazoo city looks like this morning. but, again, the good news is the severe weather has cleared and much of the country is quiet today. let's go to the maps an

as we're teaching. >> caller: that's right. hey, jim, wrapped up in apple'snbelievable quarter was an interesting discussion about the success of the iphone in china. coo tim cook said on the call that chinese sales were up nine times year over year, revenues were 1.3 billion, which is up 200%. that's pretty impressive even for apple. my question is like you, i recently gave up on china unicom after some pretty lackluster performance over the last year. >> had no choice. >> caller: is this a good time to jump back into unicom given their superior platform and position in the 3g market in china? >> no. and one of the reasons why, as i search for my little red book of mao, is that i have decided that basically china has become completely and utterly uninvestable. the way to play apple, as i used to say at my old hedge fund wir ran $500 million, the way to play apple is apple. and by the way, i have a new one. i want to buy am and short chiropractors. my daughter had ten textbooks in her bag. i had a herniated disc. i couldn't lift the thing. she said give me an

and of course, also reflective of the willingness, as mike just said, of the consumer to open up his or her wallets. certainly when it comes to what applefering in both iphones, ipods, ipads, and well, let's just wait, as well. there's a look at the stock. $235 billion market value now for apple. far exceeding at&t, its partner, ibm. i mean, you name it, apple the king of the hill in so many ways at this point. of course, $40 billion in cash. don't forget that. so, many people x that out in terms of the market cap, but you get the story, incredible growth there. and here's something i noted from last night's call, and i think we may have mentioned this. it's not just growth here in the states or internationally as we think of it. take a look at what apple earned in greater china iphone sales. $1.3 billion for the first six months of fiscal '09. that was up 200%. that is not insignificant, $1.3 billion for six months. and that indicates significant growth in a market that so many have always talked about its promise. well, it actually is happening. that certainly helped aid better-than-expected number overall from apple. and we'll see. b

. >> apples as a version of the device that could run on cellular networks if could be in stores on april 30. the 3g ipad costs $130 more. the new model is able to connect to at&t mobile data network and you can pay by month. apple has its missing prototype iphone back. the letter seems to be confirmation that the prototype is the real thing. the security breaches rare for the highly secretive company, but apple was already widely expected to release the new version of the device the summer. the web is constantly changing. an article you find one day could be gone the next. a new program called i site aims to solve that problem with book marking. it guarantees you will be able to see what you say when you go back to a page. >> i liked using this because i find myself browsing the web a lot and a lot of things i don't get to finish reading and i forget where those addresses were and i don't necessarily get time to go back to them. >> you can read that a full review all street journal website. finally, this story may not come as a surprise if you know teenager. teen-agers love texting more

apple. as a matter of fact some people call me mr. apple -- well, not really.ou caught a ten-point move from bottom to top in apple today, and i don't want you missing the next one, which could happen tomorrow. can you imagine how huge apple sales will be when it can tap into verizon's 92.8 million customers? i mean, can you hear me now, apple? that is supercalifragilisticexpialidocio growth. doci docio dociousalifragilidtw -- okay, get this. i've seen the latest fashion statement and i'm not kidding you. kids, i'm not kidding. kids are wearing i pads around their necks like bling. i'm not kidding. ipad bling. what else is growing like a wing and being bought up like apple. let's get some more. people are grabbing up endless fame cramer's favorite chipotle is a great growth story. terrific new blueprint for smaller stores in the u.s. people like tasty food that doesn't give them added advantage. this is tasty food that doesn't give you a heart attack. hey, not bad, huh? that's why this stock, which reported a monster quarter last night could go up 18 points in

it may be fair to describe apple as a religion at this point, gene? >> it definitely is a cult not only amongst the users but in talking to investors we've seen that same fanaticness with investors as well. >> we see it in our e-mail box. if you're looking within the apple numbers today, what are you going to pull out? >> you know, the big first number is going to be the iphone number. that's the most profitable part of their business. it's growing the fastest. the 7.2 million. if they do better than that, that's going to be viewed as a positive. better than 7.2 represents an increase in the year over year growth rate versus the december quarter. that's going to be really the critical number. obviously the mac is important, 2.9 is what most investors are thinking. no one really cares about the ipod anymore, 10 million units are what people are thinking. the last very important -- >> sorry. >> i was going to say the guide is important as well. and typically they guide down and they're kind of the bogey number if they guide above or below 233 is going t

but as usual, with apple, we won't know until steve jobs decides to tell us. >> i feel like apple should thee week and then they can say, yeah, this fits into my daily life. >> matt ackland, fox 5 news. >> sound pretty cool. what about the battery life? apple says that battery will last you about 10 hours even while constantly watching video. "wall street journal" did its own study and found it lasted 11.5 hours. the price starting at $499 for the basic wi-fi model. >>> later on, the ipad will make a stop right here. we'll see if it is living up to the hype that is coming up around 9:30 this morning. >>> ovechkin delivers it. the score! >> in sports, the caps getting geared up for the playoffs. >>> plus the maryland terps did not make the final four. gurvir, you just walked right in front of the camera. it is like out skates like you are part of the game. it is like 3-d television. sports breakfast coming up and more prices on the way. -- and more surprises on the way. [ laughs ] ♪ oh, land ♪ where my fathers died ♪ land of the pilgrims' pride ♪ from every mountainside ♪ let freedom ring

so look for the ipad through apple as well as the market share they have taken from ebay to be reasons to long amazon. microsoft, i'm not getting a good foeel for microsoft frankl, because -- >> well, aim surprised, because we got a great report from intel and the upgrade cycle alone should be good for microsoft, right? you have windows 7 looking to be a good product for the company, and yet you are not all that optimistic? >> well, the reason i'm not is that the computers are saying that in the short term, there is a lot of people looking to hedge and or bet on the downside short term. last quarter the stock moved 3% and they are pricing a 6.5% move in microsoft right now, but the problem is that they are betting on puts right now, according to the systems, and they are buying an awful lot of puts just like they were doing in qualcomm last night, and we know how that ended up. >> well, you see, doc, that is why it is important to watch the options action, right? >> yes, you have the watch the options. >> well, good to see you, and see you again, soon. coming up on "fast money," the be

apple's got to have 90% market share. well they don't. amongst college students it can be as high as 50%.ere is still a very, very strong group that like microsoft. they want it for all the applications. they like it for the road map, for the price. there is a lot of reasons here. so mac certain sli on fily is o. apple is certainly on fire. >> peter, you sort of aernsed half of dennis' question very clearly. one would think you thought microsoft was undervalued. you would buy. your price target is? >> $34. >> from $31. about a 10% move. would you buy apple at today's price and how high do you think it would go? >> we have a $35 on apple. >> that sounds like from an undervalued standpoint you think apple's more undervalued than microsoft. >> we do. we think there is a lot more upside, lot more catalyst, lot more excitement. you continue to get margins going in the right direction and you get multiple -- is it as simple as that apple innovates better than microsoft? >> in the last ten years, no question. they've crushed the innovation cycle, latched on to the media side, the cloud computing

apples. i think our job as catholics is to come together and make sure the people who did these evil acts are punished. >> among those worshiping, the rnc chairman michael steele. >> we should all be mindful this is a human institution. >> pope benedict has been blamed for his lack of action and covering up sex abuse is back when he was a cardinal, involving hundreds of children and two revered priests. >> what, when, and what did he do about it. >> this card became visibly upset when abc news tried to ask about the case. >> there is a question of whether -- >> not yet. >> archbishop wuerrl said to look at the pope's thinking in real time. live in northwest, john gonzalez, abc 7 news. >>> pope benedict xvi has a busy schedule, presiding over stations of the christ -- stations of the cross at the coliseum, and also will celebrate a late night easter vigil on easter sunday. >>> the chief of staff for council member jim gramm faces new charges, the grand jury adding additional counts of bribery, conspiracy to commit bribery, making false statements, and a distortion. prosecutors say he offered m

apple hopes so as the new ipad commu mper goes on sale this morning. we'll put it to the test. >> and a high seasarathon that turn into more than anyone bargained for, "today" saturday turn into more than anyone bargained for, "today" saturday april 3, 2010. captions paid for by nbc-universal television >>> and welcome to "today" on this saturday morning. i'm amy robach. >> and i'm carl quintanilla. >> thank you for bringing the nice weather here and what a nice, i guess, day for folks to wait outside on that line outside of the apple store. >> we have that picture there at the top, it's going to be an interesting new toy. > we have a lot to tell you about this morning, beginning with the all important issue of jobs. >> the country added jobs last month at the fastest pace in three years. president obama said we're beginning to turn the corner. >>> we're going to rome where a vatican priest made a highly provocative statement over the growing sex abuse scandal. >>> as amy mentioned, why are all these people lined up this morning waiting for the doors t

as you can see by looking back at apple's phenomenal run regardless of the economy. apple had produced upside after upside almost entirely based on much better than expected sales, particularly of the products, the iphone and the ipod. so what about this low-quality sleight-of-hand kind of thing? it's easy to tell the two apart, even if the press rarely bothers to draw any kind of distinction. a low-quality earnings beat is based purely on a better bottom line. that's the earnings per share. better than the top line. that's the sales number. here are the upside surprises generated not by improved businesses, okay? but because management cut costs. maybe it manipulated the tax rate. all legal. aggressive legal accounting treatment. or maybe it brought back stocks so the report was magnified by the fact that there were fewer shares. it's now regarded as almost totally illusory by market professionals. as the increased earnings per share only indicate a smaller share count and not profits that were generally better than anyone was looking for. who does this stuff? you k

raised at rbc, microsoft is out with new phones, you are seeing google shares higher, intel and apple as well. california pizza condition is exploring strategic alternatives including a possible sale. you can see the activities, those share higher. number of upgrades, ciena, expedia, joy global moving higher. sue, the nasdaq is good for eight points, .33%. we are trading tight ahead of earnings season. >>> new owner tom rokts spent $845 million to buy the chicago cubs. how is he going to turn a profit with a team that hasn't won the world series in over 100 years? darren rovell has some answers to that. hi, darren. >> reporter: sue, it is certainly a hard game to play. they can't build huge luxury boxes or plaster the ivy with advertising but they are trying. things are popping up like the pnc club of chicago. it is a place where they are playing $24,300 a seat for the season. it is catering to corporate clientele. there are 70 seats. you have to buy two. you get to use the club inside and have a plush seat outside the door. the cubs have sold 76% of the area. >> we think there is a huge

apple has pulled it off. this is a very elegant, fun, easy to use, engaging computer. >> now, you call it a computer. but it was originally being billed ashis is going to be apple's ipod for books. have you used it to read a book? >> well, yeah. you can use it to read books and you can use it for lots of other things. here you can see a book shelf. i can go in, open a book. this is winnie the pooh. they've done a really nice job of making it sort of elegant so that you can sort of have a book-like experience. >> turning a page. i see that. do you it either way. >> exactly right. you can do it either way. there are also lots of other applications. you can do things like you know, sort of explore maps that work really well on it. if you want. you can do things like play with photos in a way that's sort of very easy. it's really i think one of the things that will be most popular is just using it because it's got the spectacularly beautiful screen as a slide show, as a digital picture frame so that you can kind of show your pictures. >> but omar, before we will devolve into an extended apple commercial, isn't it true some techis think it is

[cheers and applause] >> mike: technology enthusiasts are lining up al local apple stores as the companyeleases the long anticipated ipad this weekend. coming up, "fox & friends" anchor and in-house tech nerd clayton morse will be telling us about the ipad and some other new gadgets and how they can make your life easier. [cheers and applause] you've got to try it, ♪ can't help it, can't help it ♪ ♪ can't help it, no no no... ♪ come on. ♪ can't help it, can't help it, no no no ♪ ♪ you drive me crazy ♪ and i just can't stop mylf, uh! ♪ ♪ can't help it, can't help it, can't help it. ♪ i had a great time. me too. you know, i just got out of a bad relatio... it's okay. thanks. goodnight. goodnight. (door crashes in, alarm sounds) get out! (phone rings) hello? this is rick with broadview security. is everything all right? no, my ex-boyfriend just kicked in the front door. i'm sending help right now. thank you. (announcer) brink's home security is now broadview security. call now to install the standard system for just $99. the proven technology of a broadview security system delivers rapid re

[cheers and applause] >> mike: technology enthusiasts are lining up al local apple stores as the companyeleases the long anticipated ipad this weekend. coming up, "fox & friends" anchor and in-house tech nerd clayton morse will be telling us about the ipad and some other new gadgets and how they can make your life easier. [cheers and applause] sometimes when talking about the greatest and latest new tech logical inventions does it seem like we are listening to a foreign language. "fox & friends" weekend anchor and resident gadget geek clayton morris recently stopped by to translate and put everything into simple terms that all of us can understand. first on the list, the hottest new video game. we all saw what gadgets and video games looked like back in the 1 0s sat back with a bag of chips on your chest and play video games like this. which is how i still play. nintendo wii play tennis from the couch. now microsoft's project natal we will see by christmas this year. doesn't look that crazy and sexy on the screen because everyone has an x box. what it does is attaches to current x box an

[cheers and applause] >> mike: technology enthusiasts are lining up al local apple stores as the companyeleases the long anticipated ipad this weekend. coming up, "fox & friends" anchor and in-house tech nerd clayton morse will be telling us about the ipad and some other new gadgets and how they can make your life easier. [cheers and applause] hi, may i help you? yes, i hear progressive has lots of discounts on car insurance. can i get in on that? are you a safe driver? yes. discount! do you own a home? yes. discount! are you going to buy online? yes! discount! isn't getting discounts great? yes! there's no discount for agreeing with me. yeah, i got carried away. happens to me all the time. helping you save money -- now, that's progressive. call or click today. ♪ this is your paintbrush. the john deere select series with dozens of attachments and the only four-year limited bumper-to-bumper warranty in its class. ♪ the question is, what will you create? go to johndeere.com/create and get up to $350 off select series tractors. go to johndeere.com/create don: ...it's easy to access low walp

when you think about not that growth has an impact on our lives and arnold pointed out the new apple tablet as a paradigm of thinking how government may get involved so turned off i have the iphone and i have never had technological less like i have for this. i remember when i did not have one for a while but i knew i would get this and i remember 20 years ago when i was at the air force academy or the first class to have computers a flash in the past you can imagine going through basic training and you are the first class with computers and the class a but you did not get them so they think we are the neanderthal macho guys and we will take it out on you because you are roche her headed geeks been no we imagined you would carry around something that had more power on our desktop in our pocket and the book challenges you to think not just the world 11 now and how wonderful it is in human progress is a reality but 20 years for word what will this technology look like a wart incorporate because if tim kane of 2010 were to say not only do have a computer in your pocket but they mapping program an

>>> this is a live shot of the apple store on fifth avenue opposite central park opens 24 hour as dayno cues yet you can see for the i topp launch tomorrow. be sure they will be beamed live around the world as soon as we have them. most media types on the east coast a large and huge opportunity for publishers and media companies elsewhere. cnbc's julia boorstin joins the hype. >> reporter: the media industry is hoping the ipad will perform a new platform for growth and rave reviews about the ereader promising for the industry, struggling with declining sales. five of the six publish es on board for the new book store. a fix price. apple taking 30%. higher margins for publishers than they get from amazon. it could grow book sales for amazon and barnes & noble, dwelling ipod aps although they sell competing ereaders. comparisons are just the beginning selling books on itunes opens huge potential. >> you have 100 million people or more that have itunes installed on their computer or use it to power their iphones or ipod touches, and being able to buy an e-book through itunes is the reall

as well. some of the, look, apple for example continues to hit a new high sem seemingly everyday and that stock was up another .75 of .01%, and so those two factors may be sigh of relief over what is happening in greece, because the euro did rise on that and the dollar fell, so it helped the commodity stocks in general to get a lift off that, and maria, you mentioned the financial stocks up today, and one big financial stock that was not is bank of america that is down .33%, and the minute the street got a hold of the note, that stock got into negative territory. >> as did goldman sachs. what about you, matt nesto? >> well, i want to be clear because i mentioned the october level of 10,000 which is the first time we crossed 10,000 and stayed above that and sold off and came back, but truly from 10,000 to today, it was six full months before we put the 1,000 points behind us. one thing i keep talking and hearing about the strength of the corporate profits and byron wien put out a note saying that the corporate balance sheets are at the strongest levels in 40 years. >> a lot of cash. >> a lot of

hey, as you know, the ipad, the apple's ipad, comes out this weekend, but i'm still a fan of the originald, the miniature version called the iphone. anyone here have an iphone? [ scattered cheers ] you have an iphone? the best part about the iphone is all of the apps or applications. they are these little programs that you can put right on to your phone. they do all sorts of things. some are games, some help you find the nearest restaurant. well, here at "late night" we got a sneak peek of some of the new apps that are yet to be released. you guys want to see them? [ scattered cheers ] they're really cool. a lot of them are just upgrades on existing apps. you probably heard of the app called "sneeze machine." you just tap the screen and it makes different sneeze noises. well, this app is similar, it is called "sandler sneeze." and you tap the screen and it makes it sound like one of my favorite comedians adam sandler is sneezing. it's pretty cool. i've never heard him sneeze. i know the guy. it's a kind of exciting app. let's try it. [ strange sneeze ] [ laughter ] and they have different

as a service provider is a glitch. there's always complaint about their service and their ability to connect to the internet. i don't know, you know, amazon and apple share something in common. they're both fairly opaque companies. very hard to pen straigh straight-- penetrate. >> rose: as you know from my questioning of jeff bezo-- bezos on this show. >> which was last march. >> rose: will disclose nothing other than the wonders of the kindle. >> right. won't tell you how many they sell. won't tell publishers, you know, who the readers are or customers are. >> rose: but is the ipad a kindle killer in the end as some people have speculated? >> if bezos is wrong, that people, he believes that people want a dedicated reading device. if he's wrong about that and if, in fact, the ipad is-- is people want the multifujsality that an ipad presents, then bezos is going to be compelled, i think, to change the kindl and try and make it more like an apple, like an ipad. >> what are publishers telling you about all this. >> publishers are thrilled that apple has gotten into the business and created competition for amazon. publishers are thrilled they feel righ

. >> reporter: the apple ipad has been described as gorgeous splendor, phenomenal, everybody wants onere were hunt us of people that were cued up in line to get their hands on one today. i'll let you know there is any left here at this flagship store, coming up. ♪ ♪ i want it ♪ ♪ ♪ [ female announcer ] breathe right asks... [ woman ] could i ask you to strip on the street? absolutely! i have a lot of stuffiness at night. it wakes me up. i have allergies. ♪ you're right. i'm getting more air. -oh, yeah. -oh, wow! [ female announcer ] for two free samples, go to breatheright.com. [ female announcer ] for two free samples, band now we're insuring overts do18 million drivers. gecko: quite impressive, yeah. boss: come a long way, that's for sure. and so have you since you started working here way back when. gecko: ah, i still have nightmares. anncr: geico. 15 minutes could save you 15% or more on car insurance. >>> welcome back. time for the top of the news: the woman known as jihad jamie, was arrested in philadelphia after arriving from ireland. the colorado mother accused of plotting onli

as a result since this started happening apple's stock has been going up and the record label stocks have been going down. one important thing record labels missed. the ipod is the thing which is usually filled with pirated music but that is another story. the ipod makes a lot of money for apple. it sells from $300 and there are lots of ways to put music on the ipod. you can read your own cd collection. another way is to steal music online which nobody says they do but everyone does. i ç;qjjy not anymore. 1999 to 2002 was a rough time for all of us. all of us music fans. another way is to pay them $0.99 on itunes. most ipods are 2 to 16 gigabytes of music and that is tens of thousands of songs. i don't think most people are buying that many songs. what i am trying to say is the record labels made a mistake with those negotiations. they did not get a cut of the ipod. when apple sells and ipod apple sells all the money. when apple's stock went up the record labels stock went down. we are talking about an industry that is shrinking. not the music industry itself. it is fine. music is

. >> reporter: apple's methods may be unusual, but the results are unmatched. ashousands line up to buy an ipad this weekend, the next question for this company is inevitab inevitable. what's next? i'm neal karlinsky in los angeles. >> among those counting the moments until the ipad's released? my 11-year-old. i tell himsecond generation. >>> when we come back, from technology to taste. the flavors of italy get the royal treatment in tonight's the flavors of italy get the royal treatment in tonight's "plate list." family cars of 2009."t the insurance institute for highway safety calls it a "2010 top safety pick." consumers digest hs called it a "best buy" two years in a row. and with a 100,000 mile powertrain warranty... we call it peace of mind. chevy malibu. now qualified lessees get a low mileage lease on this 2010 malibu ls forround $199 a month. call for details. see your local chevy dealer. if you have heartburn more than one day a week, try prilosec otc. it shuts down many acid-producing stomach pumps for twenty-four hours of heartburn protection with just

. >> david: it is known as a one-trick pony and a lot of competition out from apple and others. >> an competitor on google, i agree. but google is taking on microsoft in a real money maker which is word and excel.

as a web browser. it's speedy. the web looks beautiful. and it has the best app store around. apple has the best apps. >> thousands upon thousands. >> there are 150,000 apps that already work on this because they work on the ipod touch and the iphone. there have been over 1,000 optimized for the ipad. >> so as far as the availability of applications, you're really not going to find anything that competes quite with this. >> no. there is no more populous app store around. >> so let's go through the negatives because in any initial rollout as we've heard with all of the apple rollouts, the techies say it doesn't have or it doesn't do -- let's go through some of the negatives. >> it does not did multitasking. what that means is that you cannot run one application alongside another application. so if you think about the way that you use your computer, you've got your e-mail open, you've got a web browser you have, you have a chat client open, maybe you're skyping. you can only do one thing at a time on the ipad. so you can't really use it as a work computer. >> so it can't do as many th

well as a back have facing camera with l.e.d. flash. apple wrote asking for the iphone back. there is no word of the fate of that engineer. >>> clearer skies are expected over kennedy space center this morning as the "discovery" crew tries for another landing. yesterday's attempt was scrubbed because of rain and overcast skies in florida. if weather poses a problem today nasa will consider landing the shuttle at its expensive backup site in california. they don't like to do that because it costs a lot of money. >> as you said yesterday, alan poindexter says he doesn't mind one more day. >> they love it. >>> here's a look at your tuesday forecast. rainy and cool from san diego to seattle. up to 1 foot of snow in the sierras and cascades. windy in california, nevada, and arizona. thunderstorms from kansas to south dakota. rain and thunderstorms in orlando, orlando, chattanooga and charlotte. >> 75 in new orleans today. 82 for miami. near 70 in the northeast. 60s from omaha to indianapolis. mostly 70s across the rockies today. beautiful day ther

i'm speaking of boeing and ford as well as amazon and, yes, my long-term favorite, apple. ron in alabama. roll -- ron. >> caller: good evening, mr. cramer. >> good evening, sir. how are you? >> caller: fine, thank you. and i appreciate your entertaining education. it's been very helpful, sir. >> thank you. >> caller: this afternoon we got the goldman bomb dropped on us, and the herd panicked and all the dominoes fell in the financials. >> right. >> caller: i'm thinking that right now is probably a good time to increase position in huntington bank. what are your thoughts, sir? >> well, you know what? that is a really good idea. i had some friends who visited the bank recently. nothing inside information. just a good chat. and i'm feeling better and better about this high-quality jersey bank. it is true they did have some bad loans but it's time to revisit the regionals that didn't screw up, first merit, people's bank -- pbct. the stock hasn't really done anything. and i think hudson city is really in that list. you've got a great idea there, sir, and i would follow up on it

apple's ipad. virginia campbell's daughter gave it has a birthday gift as soon it was released. she suffers from glaucoma and giving her back her youth. >> before that, i could barely see to read. >> thanks to the brightly lit screen, she's already read two books and gotten back into writing poetry. this is the first computer she has ever owned. see a commercial coming there. >>> things are getting pretty smelly around some parts of seattle. >> it was a total shock. it's the last thing that we wanted to do because we actually, like me, i take pride in my job and taking care of my customers. >> and those 1 million customers are begging their local waste management crew to come back to work. members of the teamsters union walked off the job over some safety concerns but waste management officials say it's all about the money. >>> well, this university baseball player took a leap of faith. in the 8th inning of the game he was trying to get to home plate butted blocked by the -- but blocked by the catcher. he leapt over the catcher and made it to home plate safe. he turned him into

. >> what do you say about apple as a consumer brand?s this anticipation, you have to have it. has to be the strongest in the world. >> it's wonderful. and the products are great. i remember at one time there was an issue about the battery for the ipod, but for the most part, these are -- and that's why people are in such awe of him. he doesn't do interviews also. that's why people are wondering what happens, you know, if steve jobs is not in that position that he's in. >> you know, the brand is built up, fan loyalty, consumer loyalty to an extent that is quite extraordinary, over whatever it is now, 25, 30 years. remarkably long time. >> in the similar issue you are doing a special report on the environment with takes on added peeng after the announcement yesterday. >> absolutely. our focus is mainly on plastics. this is sort of the end of the graduate, you know, where mrs. robinson said, young man, plastics. >> one word, plastics. >> we've looked at the extent to which sort have overuse of plastics and underregulation of plastics in al

the smallest amount of plutonium, about the size of an apple could kill and injury hundreds of thousands of innocent people. terrorist networks such asa have tried to acquire the material for a nuclear weapon. if they ever succeed, they would surely use it. how do we know this is true? we can only count on white house officials and what they are saying, which is intelligence, points to the fact that they believe al qaeda and other criminal gangs are trying to get their hands on this material. we have heard this from president clinton, president bush. we are now hearing it from president obama and what he is trying to do is create a sense of urgency, some momentum to get some of these other world leaders involved in trying to secure that nuclear material. it's not an easy case to make. some of these nations, india, pakistan, they don't believe necessarily that that's a big problem. for president obama and some others, they do believe that this is a real threat to the united states and around the world, kyra. >> suzanne, we'll be watching it unfold right here live on cnn. appreciate it so much. what nuclear threats are we actually talk

as wright. they seem to challenge each other. very little power for wright last year. mets won 9 of the last 10 against the nationals in the big apple. that's up on the roof. and when the umpire was standing around home plate, we could see trousers flapping in the breeze as well. willy hitting most of his home runs, 75% in just over the last two years. he's in there. kennedy, rodriguez, desmond at the bottom. riggleman said today he is committed to playing guzman at second tomorrow and right field on sunday. could be interesting. bellfry is 3-5 against the mets. >> he was the 9th over all pick in to2005. last year fell backwards. didn't have a great spring but he throws hard. so on a cold windy night nats are going to have trouble with him. he goes deep in the game. last three no wins but went 7 innings. 8 homers, 18 earned runs. 4-1 with a good e.r.a. he likes the cold weather. >> he's from kansas and that could be a nasty place to play babel. francoeur, beltran is still hurt. we may see reyes tomorrow. wright and jacobs and barajas the catcher. tejada the shortstop and pagan in center field. nationals scoring 11 runs in their firs

when he reached the garage he felt the violent tug as the robbers stole the bag from his finger tip. police are still looking for the man. >>> apple's higher ups are scrambling to get back a prototype of its i-phone. it showed up all over the web after being discovered. that means we've got a glimpse of the improvements over the current model. the new one has a front-facing camera. this year's release plans haven't been released yet. apple usually released the new version in the summer. if it does hit the market this summer no doubt the people using it will and teenagers. in fact they use it a lot. >>> this mom didn't want to embarrass her kids by showing her face on tv. she was willing to share her cell phone rule if they bring the phone to the dinner table it's now my phone. >> what do you do over dinner? >> we enjoy kin din. >> reporter: we find out about everybody's day. >> reporter: that's unusual at least in some households. a new study by the hugh research center says for teens texting is more common than face-to-face communication. the study says typical teens send 50 texts a day. >> it's gotten to a point where my parents t

we are thinking about such paradoxes as the love of books like one that sold out in $195 edition coexisting with a general excitement about the coming apple i had and how it might transform reading for all of us. books and newspapers and magazines. we have invited our members to speculate about future and tell us about the changes they envision in a series we call the next decade on critical mass. you can read it at www. bookcritics.org. we will run a series of guest talks about adventures in he reading. we are hearing about all these books and members like roxanne robinson who has a six word blog post you will find provocative. whatever the technology it stays true to the vision of our founders. they sat down 36 years ago at the roundtable to expand that table to a nationwide conversation among critics. today we have members in locations for route the u. s. all are joined together by a passion for books, a commitment to book culture, issue of democracy and promoting quality writing and thinking through literature and beer skidding along the edge of cultural there to all changes. we are expanding the capabilities and doing video tapes. we