technology but now more than ever it comes it is steve price so joining us now from london is daniel gleason he is a consumer technology analyst with london based digital research and consulting firm over advice of being with us so let me ask you first of all what do you make then of these new i phones do they maintain apple's a status as a global leader i think definitely the i phone ten is very revolutionary for apple it really has abandoned a lot of the old design moxon's that it worked to it has discarded key and iconic features of the i phone range such as the old button so it's really moves on the i phone range let's talk a little bit more about that apple ten and it's being priced at a thousand dollars that seems like a lot of money to pay for a phone i mean did i really need to do that particularly when you look at in the case of apple the cost of making a phone a lot less than that the price here is really driven by two main factors for starters the premium smartphone market is very heavily saturated there's no organic growth so for apple the only way for it really to jet to grow co

. >>> we'll have more on the release of the iphone x with daniel gleason later on in the show >>> now, are you buying the new iphone get your comments in to us and follow us on twitter as well streetsignseurope@cnbc and tweet me directly coming up, volatility can be good and bad according to jpmorgan's ceo jamie dimon we'll bring you his take after the break. >>> all right. we have some deal flow for you bayer cut its stake in plastics business covestro from 41% to 32%. the german drugmaker plans to fully severtise with them in the medium term. >>> and seadrill is filing for chapter 11 bankruptcy. under the plan they will inject $1 billion of fresh capital into the country. seadrill will continue day-to-day operations as normal. >>> richem oshont shales beat forecast they said a strong performance in its jewelry business helped to drive results the makerers s of cartier did nt nominate a success toor to its watchmaking business >>> jpmorgan ceo jamie dimon has a warning for those yearning for the return of volatility he told cnbc at delivering alpha that it can cause market moves that