"fast money" friend gene munster is listening in. are giving guidance on iphone revenue, services revenue. and we saw the stock drop 4%. what happened? >> melissa, they guided revenue down by 5%, versus where the street was at for december. so, they're looking for revenue to be flat year over year. the reason is that they're attributing this to last year we had a 14-week december quarter, this year, a 13-week. if this would have been a 14-week quarter, tim cook mentioned -- or luka mentioned that you can apply the guidance would have been 2% higher than the street, so, this brings the question, what were analysts thinking, and which analysts -- what percentage of the analysts factored in a 13 versus 14-week? i can tell you, this is something that we would track closely and i suspect the majority of estimates did factor that in, so, i think that this is a genuine soft guide. he did, luka did talk about part of the reason was the difficult comps. the ipad has difficult comps, the whereabouts with watch, new airpods that came out last y

tech stocks with gene munster. nasdaq is up 10% for the month of november. >>> later, "sports illustrated" responding after evidence it published articles by fake authors with a.i. generated profile pictures. no word yet on the swim suit models. are they real? >> we had martha stewart in studio. >> that's right. she was one. they may all be a.i. generated. sorry, fellas. you are watching "squawk box" on cnbc. >> announcer: this cnbc program is sponsored by truist securities. experience, expertise, execution. by the five satins ] ♪ ♪ experience the art of high pressure brewed coffee and espresso with the l'or barista system. enjoy richer, bolder flavors complete with velvet smooth crema. now brewing peet's coffee. ♪♪ we're not writers, but we help you shape your financial story. ♪♪ we're not an airline, but our network connects global businesses across nearly 160 markets. ♪♪ we're not a startup, but our innovation labs use new technologies to help keep your information secure. ♪♪ we're not architects, but we help bu

>> i'm reading a tweet from gene munster. sam altman out i'm shocked. he just hosted a great development day. everybody loved it more importantly he has led the company to faster success than any other tech company it doesn't feel this decision is based on performance there must be more to the story. that's sort of what we said at the top. i don't know what more to the story means, but i also know that we find ourselves in an environment that when we get news like this it's typically sell first, ask questions later, and we'll see what happens on monday as more news comes out. >> yeah, particularly in a space that has enjoyed huge valuations we're going to talk about nvidia later in the show. that's the next big earnings report to be released on the 21st do you think this changes the all the prism through which we evaluate a.i.-focused, a.i.-leveraged canes >> first of all, we don't know what this means to microsoft and yet we have been able to interpolate the dynamics that went on with the company i think this is what alex was saying the space looks mor

thank you for joining us on cnbc kelly, back to you >> thank you very much let's get reaction from gene munster steve co-vak steve, knee jerk reactions here. >> yeah, there are two stories going on here. you have these co-pilot announcements. that's the money coming into microsoft. this is that product they're selling $30 per month per user new data of what they're seeing in these early days of the sell of co-pilot. again, it doesn't matter right now until we see the results of how that's selling, whether or not that productivity boost is worth that cost. >> do you know anyone who is working that directly? >> i was at an event yesterday and several of the executives at that council yesterday are using it and talking about using it and forming policies around it so it is something people are testing and they're working on a cybersecurity version of it that will come out next year. so we'll hear co-pilot so much that's the one thing these new features are just kind of candy on top of the sundae they already built and then qualcomm, arm and intel all up amd and nvidia down today. why? because they