here is a another difference between apple and the government, apple can charge a lot for its gadgets, throngs of buyers will buy it no matter how much they try to raise that price, not remotely enough to cover the cost of slop they are selling there is a report out that even inf millionaires were taxed 100%, everything they made right to government that would keep government running throw months out of -- 3 months out of the year. government's own math does not add up. that is staggering. >> it is a stunning statistic. it pays for about 3 months of government's yearly overhead. another way of looking at it is, that if they take every dop dollar that millionaires, you know millionaires and billionaires that obama loves to say, you will have a half trillion dollar shortfall in the budget still. so, where is mr. obama, president obama going to go for the difference? he is not cuts the budget. he has to go to middle class. neil: and raise taxes. >> got to raise taxes on middle class, you are right. neil: do you think he knows that if he is reelected he approaches that? >> he really knows

a corporate battle between apple and googling customers are suffering. >> entire neighborhoods are gone. are a mess. even the hoover dam has disappeared. >> some people might be hesitant at first. work it out. apple fans are not the only ones excited. so are thieves. been onenes, it has biggest targets. >> some customers are registering their phones serial with the police department. commodity,a hot have already been stolen from stores in tokyo and london. >> still to come tonight, all eyes on the national zoo. the pictures of the new pande. >> changes are on the one way for the weekend. >> the redskins are gearing up their home opener. the redskins are favored. this message. experiences classrooms. sizes don't matter... by 20%. teaching to some test... he personally cannot relate to. education, to want the very best public education system for your children. >> you are watching abc 7 news at 6:00. with gordon peterson, maureen bunyan, and tim brant in sports. >> we have new video tonight of panda at the national zoo. the mei xiang cub. you can see it is about the size a gerbil squirmin

the rivalry between apple and google intensify as. >> there is enough friction that it had to go out and map the entire world so it would not be dependent on its competitor. >> google says it's releasing youtube application on the ipad and the iphone. holiday shopping expected to hit the recession levels. >> let's say good morning to .inda bell pre-recession levels. stock-index futures indicating a stronger open, building on on optimism gains, the fed will announce a third bond purchases. the fed chairman last month did that two rounds have failed to breathe life into the labor .arkets economists predict the new open- ended plan may do the trick. indication the economy is steam, consumers will malls in a bigg way for the holiday season. researchers say that holiday and retail sales may be the since 2007. there will be a full week of shopping right before christmas, which falls on a tuesday and hannukah comes earlier compared with 2011. many iphone users say there's a room for improvement. more on that and the details on gmail easier to manage, coming up. that is business news. linda

companies in the world and the competition is really heating up and it had those recent patent battles between apple and samsung. apple won but the experts have been telling me that because of these big technology battle, at the end of the day, the winner will be you and i, the consumer. >> if you really want to beat apple, try something totally different. trying to beat apple at what it's doing, we think that samsung, what they want to do is they want to try and go a different direction. so offer a consumer a truly unique choice. >> there are 10 million to be sold in each week and this will be such a popular device it could add a quarter to half a percent of u.s. g.d.p., economic growth. one launch. >> you seem to suggest that apple might be the big winner. >> indeed. [laughter] >> people in the netherlands are going to the polls after a campaign dominated by the financial crisis in the eurozone. the two main parties are pretty much neck and neck. certainly in the final opinion polls leading up to voting. let's get some more on this from our correspondent from the hague. are voters given to particu

. >> this is essentially a corporate battle between apple and google and customers are suffering for it. >> reporter: on the maps entire neighborhoods are gone. even the hoover dam has disappeared eye think apple will work it out. >> reporter: apple fans aren't the only ones excited to get their hands on them. sor thieves. >> it has been one of the biggest targets. >> reporter: in new york. some customers are registering their phone's serial number with the police department. hundreds of iphone 5's have been stolen from stores in tokyo and london. >>> locally, people were lining up to be some of the first to get their hands on the new iphone 5. crowds gathered at the inner harbor at&t store. we talked to so who arrived as early as midnight. some were happy with their phone but they just wanted the latest version. >> we just got the new one. >> so what did everybody do to pass the time? well customers chatted. they listened to music and surfed the web on their old iphone one last time. >>> another case of west nile virus hits anne arundel. coming up what actions the state is taking to

in the legal battle between apple and samsung, international trade commission, u.s. trade panel ruled in favor of apple last week. >>> meanwhile, apple shares have topped $700, for the first time. on expectations the new iphone 5 will boost the firm's earnings. shares of the u.s. technology giant closed at $701.19 on the nasdaq tuesday. the iphone 5 will go on sale friday in several countries including the united states and japan. the company says preorders in the first 24 hours were double the figure for the previous version. apple shares have advanced 73% since the beginning of this year. the recent gain has raised the company's valuation to a record high of $657.9 billion. this is more than five times the market value of.pan's biggest automaker, toyy ta -- toyota motor. suu kyi is visiting the united states for the first time since her release from house arrest. asking u.s. leaders to help rebuild her country wants them to ease sanctions and boost investment. suu kyi gave a lecture in washington tuesday, underby u.s. secretary of state, hillary clinton. >> we need

crucial in thes battle to make headway who between apple and android, but is it already too late? >> things change rapidly. it is very competitive. it is all about winning hearts and minds of consumers, and what we saw today with great navigation and many other capabilities, those are the things that can begin to shift a. why is now the message is nokia can still offer real innovation. it has a state of the art camera, which does a pretty good job, and this is while it is charging. it started charging without putting anything in. the problem is nokia has to make its voice heard. for all the hubbub, next we will see even more excitement about a new phone for abel. -- apple. and >> as they do not turn around their mobile phone business, chances are they are going to ride into oblivion or become irrelevant. >> the defectors were not too impressed with the new phone, but consumers will decide whether the fallen giant can rise again during good -- can rise again. >> you are watching bbc world news america of. traffic duty may not be of policeman's idea of fun, but it can be done. switz

epic legal battle between apple and samsung turns new page. amsung filed papers asking one billion dollar judgment be set aside. samsung wants new trial claiming jury misconduct. apple wants another 535 million dollars in damages, plus a permanent injunction barring samsung from selling more than two dozen models of smartphones and tablets. the trial judge has scheduled day december hearing to consider all post trial motions from both sides. >>> the purple onion is getting ready to sell 51 years of memorabilia today now that the club is shutdown. 100 people went to the purple onion last night for the final show a place where legends once performed. the business in recent years has not been good enough to stay open. one who took the stage for the last time says it is a huge loss. >> smothers brothers had a famous album here, richard pryor, lenny bruce, it has been around forever and there is no place like this. >> great place to come in san francisco. you feel like family after a while. >> losing a member of your family? >> a little. >> everythi

new app for itch phones and ipads the latest in the battle between apple and google which owns youtubedon't expect facebook to get in the middle of that mark zuckerberg says a facebook phone doesn't make sense because the social network wants to be part of every major device out there. >> facebook event taking place in san francisco this morning. did i say facebook? apple, sorry about that died louie will be there. you will be able to -- david louie will be there. you will be able to find the information on abc7news.com. >>> harvard cheating scandal grows. the student athletes who may be forced to lee the school. >>> weapon in his hand. >>> tense situation in los angeles as police chase a murder suspect. >>> popular supplement researchers the arteries of your dishwasher are constantly clogging up with grease and lime scale. use finish dishwasher cleaner every month to keep your machine in sparkling health. for shining results, finish dishwasher cleaner. try resolve easy clean to deep clean your carpets. just 3 easy steps for beautifully clean carpets. it removes 3 times more dirt than

it is a battle between apple and android. they really are comparable to some of the competitors.t just comes down to what's easier for you. >> reporter: now, here's what will really make the difference. its apps. it is a billion dollar industry that caters to smart phone users. >>> >> wait a second -- [laughter]. >> can we get a closer look at this, kenny? >> no, we don't want a closer look. and that was not the last time i dunked. [laughter]. >> i dunked like last week i think i dunked. [laughter]. >> just last week. >>> okay. meantime, a virginia woman spent 7 bucks on a painting to discover it is a renwa. she is making a pretty penny off this flea market find. >>> find out why anyone would want to throw cash out of the car. we will tell you about it in a minute. >>> and i'm meteorologist topper shutt. 81. just about a perfect day if you were to diagram a perfect day. the wake up weather nice too. cool. not quite as chilly. by 7:00, low 50s to low 60s. i don't think we will have any 40s tomorrow morning. cool by 9:00, pure sunshine. 58-68. we will tell you if we can duplicate t

. >> there is enough friction between apple and google. apple felt it had to map the world so that it won't be dependent. >> nornl competitor, samsung is getting the cold shoulder. the two enter a second lawsuit smrks blogs report unlike previous i've yonz the new one won't use samsung memory chip autos is apple making enemies? >> apple is not in the business to make friends they're in the business to make money. >> and the you tube app been there since the first iphone will disappear. but the word here at you tube headquarters is that it was a mutual decision so they can launch its own app on the app store. a lot of features android users had for years. >> lady gaga is available on the iphone, her videos were blocked for users because the iphone couldn't display video was commercial in front of them. >> there is tens of thousands of videos that were blocked. >> this shows video full screen while it's on the side. >> users on you tube have short attention span autos this is on the app store, you tube says it will launch in the next few mont

youtube and the service yesterday introduced a new app for iphones and ipad the latest in the battle between apple and google which owns youtube. don't expect facebook to get in the middle of that with its smart phone. mark zuckerberg says a facebook phone doesn't make since because the network wants to be part of every major device out there. those are the tech bites, i am john muller. >>> all right look at your screen if you wonder what this is about. charley baby watch 2012. that's because his daughter is expected to enter the world. you are looking at the outfit she will be sporting when she heads home. but right now charley and his wife are anxiously awaiting her arrival. they have been very quiet about name. but, we are excited because we can't wait and we know he has been looking forward to this day. i like the outfit lynette. you are a hat person and any time a baby goes home they have to have the head cover. >> exactly. >> so some of you are weighing in on facebook saying congratulations to charley and his wifelike jack who says here is to a happy healthy delivery. lcome little princess.

. >> still ahead, kron 4 morning news a battle between apple and a samsung continues. why they are going back to court. >> this live look. it looks like a pretty good morning on this labor day >> welcome back. not a lot of people have to go to work. this approach is ec and problem-free. with 54 degrees looking for 77 this afternoon. . >> let us talk about technology. >> apple is taking samsung back to court. now it is looking at the samsung galaxy 3 apple has already been awarded billions of dollars from a jury. however, 21 new smart phones, media players in tablets are on the chopping block the copyright infringement is eight of its patents. we will see what comes out of that. >> facebook users can do more with their pictures just post. they can even print and the first is from snap fish printing at least 20 pages and even some walgreen's. each print is about $3. five x seven are even available with captions. >> it turns out that >> you can become addictive to the internet. a genetic variant that is also found and nicotine addiction has also been found to be associate

the biggest battle for the future may be between apple and google, which provides its android operating platform to more than 65% of smartphones around the world. in today's launch, apple fired at least one very targeted shot promoting its own maps app on the new iphone 5 in place of the popular google maps. for more about these battles in the tech world, we turn to: cecilia kang of the "washington post"; and charles golvin, an analyst with forrester research. set the scene for us. as the new iphone comes out, what is the position of apple today? it clearly is a giant but does it have reason to be looking at its shoulder on now. >> apple is at an inflection point. they are the number one technology company in terms of innovations but the numbers have shifted, in that there are more smartphones and tablets that operate on the android platform than apple's ios platform. and the battle or competition has become downright ferocious. it's really a battle between apexpel google for what's become a completely mobile, mainstream mobile nation and mobile world. people are snapping up smartphones

. >> alan: that bitter patent battle between apple and samsung is still brewing. neither side is satisfied with the $1 billion verdict in apple's favor. samsung wants a new trial and apple wants an additional $707 million in damages. both companies filed papers to amend or toss out the august verdict. >> ama: the governor signed a bill that makes is easier for women to get contraceptive. it allows nurse ares and mid wives to dispense contraceptives. governor brown described the bill in a planned parenthood clinic today. >> the governor signed a bill about health bills. supporters of the bills say playground can be breeding grounds for disease and are not well maintained. >> mitt is under fire after taking a shot at coloradoful he accused president obama of taking america on a pathway to become like europe. then the said it's even possible we could be on a pathway to become like california. romney later said he was only joking. >> ama: let's get to leigh glaser for a check on the weather as we are now in fall, league. >> leigh: we certainly of and live doppler 7hd s

. >> there's enough friction between apple and google that apple felt like hit to map the entire world so it wouldn't be dependent on one of their biggest competitors. >> reporter: samsung also not best friends with apple two involved in second patent lawsuit the iphone 5 according to some blogs won't be using samsung memory chips, apple's you tube app disappearing, youtube owned by google. the new phone we know a few things, we think, slightly thinner, larger screen, two-tone body in black and white. some say ipad might ab announced, also maybe -- most bloggers think that is for next month. the price of the new iphone whatever it is called is going to be about $600 they are talking about shipping around the 21st of september. that's what we think we know. we'll know everything or a lot more at 10:00 this morning when the announcement is made at the yerba buena gardens. terry mcsweeney, abc7 news. >>> we'll be covering today. -- [ unintelligible ] ordinance would apply to pot dispensaries that skip out on paying taxes to the city. half of san jose's 558 dispensaries have neglected to p

. >> alan: that bitter patent battle between apple and samsung is still brewing. neither side is satisfied with the $1 billion verdict in apple's favor. samsung wants a new trial and apple wants an additional $707 million in damages. both companies filed papers to amend or toss out the august verdict. >> ama: the governor signed a bill that makes is easier for women to get contraceptive. it allows nurse ares and mid wives to dispense contraceptives. governor brown described the bill in a planned parenthood clinic today. >> the governor signed a bill about health bills. supporters of the bills say playground can be breeding grounds for disease and are not well maintained. >> mitt is under fire after taking a shot at coloradoful he accused president obama of taking america on a pathway to become like europe. then the said it's even possible we could be on a pathway to become like california. romney later said he was only joking. >> ama: let's get to leigh glaser for a check on the weather as we are now in fall, league. >> leigh: we certainly of and live doppler 7hd s

karin caifa takes a look. 3 that time between an apple iphone launch and the day the gadget hits storesdering whether the new device is worth the time spent braving the crowds, or the aaount of cash to jumpp from one carrier to another. such is the debate in the minds of many smartphoneeusers right now, one that could stretch until thh iphone 5 arrives in stores september 21st.why so much ado about apple? they really did invent thht entire experience that we take for granted today. just the fluidity of being able to touch your contacts and scroll through a list of music or have a full web browser on that no manufacturer in the - world was doing before apple. and those arr things apple has done on every version of the iphone so tech experts say some consumers may not miss too much by skipping thh iphone 5. if you have an iphone 4s, this may not be a necessary upgrade for you, because when the software comes out, you'll get a llt of the enhancements that the new phone will have in the software, which is free. but if you have anything older than an iphon

. >> there's enough friction between apple and google apple felt like they had to go out and map therld so it wouldn't be dependent on one of the biggest competitor. >>reporter: another competitor also getting cold shoulder as the 2 company enter a second patent lawsuit some blog report that unlike previous i phones apple newest one won't use samsung memory chip. >> apple making enemy. >> apple is not really in this business to make friends. they are in this business to make money. >>reporter: another possible example apple you tube app that has been there since the very first i-phone will disappear with the next update. the word here it was a mutual decision to get rid of the old tv icon so you tube could launch its own app on the app store. a lot of feature that android users have already had for years. lady gaga is finally available on your i-phone. her video were notoriously blocked because the i-phone couldn't display video with commercial if front of them. >> we have lost tens of thousands of media previously blocked this shows video full screen with the phone on the side or sh

samsung strikes back questions it is raising about jury conduct in the patent >>> the legal battle between appleg turns a new page. samsung filed papers asking the one billion dollar judgment for copyright infringement be set aside. samsung wants a new trial claiming jury misconduct. apple wants another 535 million dollars in damages, plus permanent injunction barring samsung from selling more than two dozen models of smartphones and tablets. the federal trial judge scheduled a december hearing to consider all motions from both sides. >>> san francisco's purple onion is getting ready to sell 51 years of memorabilia today now the landmark comedy club is shutting down. 100 went to the purple onion last night for the final show. a place where legends once performs. business in recent years has not been good enough to stay open. one of the dozens of comedians who took the stage for the last time says it is a big loss. >> smothers brothers had a famous album here, richard pryor, lenny bruce, it has been around forever and there is no place like this >> great place to watch comedy in san francisco and

. >> the competition heats up between apple and rivals in today's tech bites. we will look at some of excuse us, while we cool. introducing, the square sunnyd bottle. >> a strike killed a top al qaeda militant in yemen. he was wanted for allegedly masterminding a 2002 attack on a french oil tanker. officials say planes hit vehicles carrying civilians. 14 were killed including three women and three children. there's been a sharp spike in the death toll in syria. 1,600 were reportedly killed last week. two activist groups say about 5,000 were killed in august the deadliest month since the uprising began more than 17 months ago. the civil war take a major turn last month when his forces began using air power to crush the revolt. hillary clinton urging southeast asian nations to present a united tpupbt on territorial stkaouts with china. she will go to indonesia today to offer support for a plan to ease rising tensions by implementing a code of conduct. china has become more assertive in pressing claims with smaller neighbors. it is 5:19 and adam caskey has a look

. >> war of words between apple and sam sung rages on.ng is launching a new attack accusing the rival by limiting choice by halting the smart phone here in the united states. that is what apple said infringed on patens. last month samsung had to pay for copy patens. >> and one of washington's most picturesque and important memorial is a welcome site. after undergoing a major face lift. the famous pool is open for business. >> cutting through fence revealing the new look for an old site in our nation's capt cament. >> i never have been here before and i was excited that they cut the chain down. >> wow. >> they are getting a peek in the reflecting pool and original part of the lincoln memorial. back in 1963, crowds surrounded the pool for martin luther king jr.'s historical i have a dream speech. it has been out of commission and leak in need of repair. crews tore it up and fenced it in to the public. two years later, construction experts are quite proud. >> all of the substructures and drains and inlets and storm drains were still in the g

-- i know when you tweeted, sir, you were fair and balanced and you understood the difference between apples and oranges. >> shepard: i didn't put any words in it. i tweeted the actual news story from fox. >> i could tell you there's an earthquake in italy but the point is that's apart from people who lead the workforce because they can't get work. the latest month, 368,000 were like that. you're right to look at the trends for 30 strait months of job gains but they're paltry. the numbers are what they are. are you worried that whatever excitement was in the convention center when you and i were there could dissipate quickly when americans say what's the party about? we're hurting. >>> putting politics aside. 4.6 million americans have gotten jobs in the last 30 months. when you look at the fox news story about december of '08 where you said this is the worst job situation in 60 years. >> no one doubts. >> congressman, like i told you, no one doubts where it came from. no one doubts the severity. it just gets old to just hang on to that. we know what the president inherited. we know the mess

. >>> the bitter controversy between apple and samsung is still brewing. neither side is satisfied with last month's $1 billion verdict in apple's favor. samsung wants a new trial and apple wants an additional 7 lunn $7 million in damages. both files filed papers yesterday to amend or to toss out that verdict. >>> coming up next, more criticism for mitt romney for a remark he made about california during a campaign stop near san diego. and the vice presidential candidates hit the campaign trail with just six weeks remaining until election. and what a night at the ballpark! the giants wrap up the n.l. west. fans celebrate a trip back to the playoffs. the giants are in the playoffs. you can see the celebration began immediately after the final out, sending the giants to the playoffs for the second time in three years. the first time since winning the 2010 world series, and giants fans love it! >> how excited are you? >> very excited! >> giants are going to win! giants are going to win! yay! >> we drove three hours to be here for the game. we are so excited th

. >>> the bitter controversy between apple and samsung is still brewing. neither side is satisfied with last month's $1 billion verdict in apple's favor. samsung wants a new trial and apple wants an additional $707 million in damages. both companies filed papers yesterday to amend or to toss out that verdict. >> coming up, mitt romney tries to continue with his campaign with just six weeks to go before the election. and good news for anyone who uses san francisco's great highway, ready to open four days 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. verizon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what's pretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other networks combined. >> just 44 days away from election day an

. >>> the battle between apple and samsung continues. both sides are unhappy with the $1 billion verdict that found samsung infringed on the technology used in apple's iphones and ipads. samsung is asking the judge to amend or toss out the jury's august 24th ruling. apple says samsung's infringement was deliberate and is seeking another $700 million in damages and interest. the two are set to see a federal judge at a december 6th hearing. >>> and facebook is under the gun again. financial magazine "barrons" remains firm on the stock and says it's worth less than $15 a year. more and more users are using the social network on mobile devices, and the company is still figuring out how to monetize those mobile ads. facebook stock is down 40% since its ipo price of $38 back in may. >>> "modern family" continued its reign at this year's 64th annual primetime emmy awards. the show won four statues, including best tv comedy series. cast members eric stone street and julie brown won supporting actor and actress awards. "two and a half men" star jo

. ♪ >>> tale of two stocks, rivalry between apple and google. >> google and apple in the tech war heatingiphone 5 sales disappointing the street. selling 19 iphone 5 units every second. while apple moves lower, google gaining 34%, best performing stock on the nasdaq 100 and even on a technical basis, google start looking strong, trading well above 50 and 200-day moving average since july. >> thank you so much. >>> apple getting hit on two fronts. somehow selling 5 million iphones is disappointing to wall street. plus, reports of riots at a foxconn factory in china. >> it seems crazy to call apple's 5 million weekend a disappointment but no other way to slice it, one analyst had 6 million as the low mark for expected sales. we don't know whether the issue is supply or demand. if it's supply, the issue might be that apple slowed down estimates shipments for the 22-country launch. we'll have to see what the tone is on the earnings call in a month. the street wants more than 40 million in the holiday quarter. then there's foxconn, official word from contract manufacturer is 40 injuries were i

. >>> the bitter controversy between apple and other phones is still brewing. samsung wants a new trial and he will wants an additional $750 million in damages. both files filed papers yesterday to amend or to toss out that verdict. >>> coming up next, more criticism for mitt romney for a remark he made about california during a campaign stop near san diego. and the vice presidential candidates hit the campaign trail with just six weeks remaining until election. and what a night at the ballpark! the giants wrap up the n.l. west. fans celebrate a trip back to the 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. verizon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what's pretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other netw

. >>> the legal fight between apple and samsung is heading back to court. cnbc's bertha coombs is live with that story and more. bertha, good morning. >> did you see last week as samsung was running the commercials as the iphone 5 was launching? these guys hate each other. >>> the battle continues in the courts, and both sides are unhappy with the $1 billion verdict that found samsung infringed on the technology used in apple's iphones and ipads. samsung is calling on the judge to amend or actually just toss out the jury's august 24th ruling. apple says samsung's infringement was deliberate and is seeking another $700 million in damages and interest. the two are set to see a federal judge at a december hearing on the 6th of december. >>> meantime, facebook is under the gun again. financial magazine "barron's" remains negative on the stock, saying it's still overpriced at $23 a share. probably worth $15 a share according to barron's. more and more facebook users are using facebook on mobile devices like iphones, and the company is still trying to figure out

catalysts negative one that can truly turn off buyers on the fence between apple and another smart phonee. research in motion may not have the blackberry 10 in hand but it has cash on hand. this stock has finally become yes, a better long than a short. now that they've stopped the bleeding research in motion might catch a takeover bid for its intellectual property, 80 million strong subscriber list. i wouldn't normally recommend any stock on a takeover basis but i believe there are many bidders lurking here who were hoping rim would got way of kodak and nortel so it could be bought on the cheap. i think this quarter put that scenario to rest and short story to rest, too. stick with cramer. >>> don't forget eagles-giants sunday night nbc. this could be me monday morning. i'm jim cramer. see you monday! >>> coming up on "the suze orman show" -- things that are driving me crazy. money mistakes that i don't want you to make anymore. >>> also, when you say handling your fiance's debt, does that mean paying it off? >> caller: exactly. 45k get out of jail card. >> how long have you been with hi

. >>> the battle between apple and samsung continues. samsung compared the galaxy s3 with apple's latest offering, pointing out the iphone 5 is missing many of the features that samsung has like shaking to update and picture to picture. but many iphone loyalists may argue that building that kind of brand loyalty does take a bit of genius. >> that ad campaign couldn't keep apple from having another record day ahead of its release of the iphone on friday. cnbc's shartia brantley is live with more. >> good morning. >>> apple reaches a new milestone. the company topped $700 a share in after hours trading, which pushed its market value to $656 billion, making it by far the world's most valuable company. apple is being boosted by iphone fever. the company says it sold more than 2 million iphone 5s on the first day of preorders. the smart phone will hit stores on friday. apple says demand is quickly exceeding supply. and american airlines is cutting its flight schedule for september and october. american cancelled about 5% of its flights monday

but you're competing with three of the best companies in the world between apple, microsoft and google and some of them have $100 billion more money than they do. i have to tell you something, to be in a secondary position with those people ahead of me and my key workers under water with their stock options, that's a metric that is very different than social mead ra. >> i think they have their work cut out for them. >> is it really fair to say, though, that they're competing with apple? >> i think there's convergence going forward with it. apple with their map, apple and video, there's convergence. they come at it from the least demon advertised portion. they have a lot of distance. >> we're going to look at the apple website, did you say? okay. very good. thank you, gentlemen. >> thank you very much. >> we are looking at a market that is hugging the flat line. no surprise as we await the fed results, tomorrow, bill, about this time. 2:00, actually, we'll get the details. >> i wouldn't be surprised if we're unchanged going into the close here, right? >> that's exactly where we are. >>

. >> the time between the apple iphone module and the the data gadget hit stores can be stressful . . >> apple really did invent the entire experience that we take for granted today . . >> those are things that apple has done every version of the iphone . . >> remember ,, the iphone 4s went on sale last october . the iphone 6 6 cannot be that far off . . >> a busy weekend at the box office . a fresh look at an old favorite . your entertainment news is next . (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. this is the story of eves. [ eves ] years ago, i hurt my shoulder drag racing. that's when i decided to take it easy, so i took up hang gliding. [ female announcer ] a grandpa who refuses to grow up. [ eves ] the pain was bad, but the thought of not being a hang glider pilot was worse. [ female announcer ] that's when eves turned to sutter health's palo alto me

between apple and google which move lately is more impressive to you in the stock, i mean? obody can deny what apple has done that is just astounding. i think that google which was stagnant and not really appreciated by the market for over a couple of years is really on a fast track right now and i think you will see over the next 60 to 90 days a lot more movement upwards in google shares than in apple. >> give us your top technology play, what stock you think will appreciate the most through the end of the year. >> staying with the social media, i really like ren ren in china. it is a u.s. listed stock and i like cena which owns wibo, the twitter of china. those two social media stocks in china are going through the roof, and investors are not paying much attention to them because it is china. china has 550 million internet users. wibo has 350 million users on their twitter clone. there are 180 million users on renren which is the facebook of china. i think those stocks bear a lot of attention and are going to see nothing but upward movement. >> porter, great to have you on

still i think apple -- catalysts negative one that can truly turn off buyers on the fence between applesearch in motion may not have the blackberry 10 in hand but it has cash one in hand. this stock has finally become yes, a better long than a short. now that they've stopped the bleeding research in motion might catch a takeover bid for its intellectual property, 80 million strong subscriber list. i wouldn't normally recommend any stock on a takeover basis but i believe there are many bidders lurking here who were hoping rim would got way of kodak and nortel so it could be bought on the cheap. i think this quarter put that scenario to rest and short story to rest, too. stick with cramer. olay total effects in 2001. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. you can challenge what's possible thanks to the trusted performance of olay. 60 years, millions of women, real results. 60 years, millions of women, why should golfers take 5-hour energy? play

still i think apple -- catalysts negative one that can truly turn off buyers on the fence between apple smart phone choice. research in motion may not have the blackberry 10 in hand but it has cash one in hand. this stock has finally become yes, a better long than a short. now that they've stopped the bleeding research in motion might catch a takeover bid for its intellectual property, 80 million strong subscriber list. i wouldn't normally recommend any stock on a takeover basis but i believe there are many bidders lurking here who were hoping rim would got way of kodak and nortel so it could be bought on the cheap. i think this quarter put that scenario to rest and short story to rest, too. stick with cramer. [ man ] not only that, the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all

apple's iphone 5... and so many smartphone users have the same question on their mindss right now: to upgrade, or not 3o upgrade? this morning... that time betweenapple iphone launch and the day the gadget hits stores can be stressful, pondering whether time spent braving the crowds, or the amount of cash to jump from one carrier to another. such is the debate in the minds of many smartphone ussrs riggt now, one that could stretch until the iphone 5 arrives in stores seppember 21st.why so much ado aboot apple? they really did invent that entire experience that we take for granted today. just the fluidity of being able to touch your contacts and scroll through a list of musiccor have a full web browser on your phone. those are thhngs that no manufacturer in the world was doing before apple. and those are things apple has done on every version of the iphone so tech eeperts say some consumers may not miss too much by skipping the iphone 5. if you have an iphone 4s, this may not be a necessary upgrade for you, comes out, you'll get a lot of the enhancements that the new phone will have in the softwaae, which is free. but if you have anything older t

this could be the latest symptom in terms of the war between google and apple. apple is replacing parts of google's system with its own. >> this is an issue you will hear as a major tenant of the case in google that the fact that they have been kicked out. when you think about that as far as tablets is concerned it may be a bigger issue because apple has dominant market share. smart phone share is obviously growing. the story is going to be how much is google going to have to pay for search queries in the smartphone and tablet space going forward? apple is trying to keep that at home with their new mapping system. >> so you're bearish google. >> i think this is a story that will catch steam here. there is nobody happier right now than the google folks that the apple maps app is being panned. at some point this will turn against google because they think they have trouble monetizing mobile search. >> dan tonight is using a strategy called a put fly. it is kind of complicated. we want to break down the trade for you. it is a bearish strategy where you buy one put