what's next, one option gillis says could be a so-called take under, meaning the company sells itself on the cheap. another option, sell off pieces. the messaging service, the portfolio. regardless, remember all this is happening as the competition keeps heating up. google introduced the new version of its android operating system and if you look at the global smartphone operating system market, idc forecasts android leading the pack in 2013 with 75% of market share, blackberry comes in fourth behind windows at 2.7%. investors will look forward to seeing who the new ceo is, what the strategy will be to try to save the company. the companies, how much cash did blackberry burn, how many subscribers are left and people abandoning the platform. >> josh, thank you very much. no doubt the story marches on. can these changes save this once great company or have the times and technology simply passed it by? bring in ed snyder and c-net's roger chang. roger, first to you, any hope for blackberry at all? >> unfortunately not. blackberry had their shot for a comeback. thorsten heins, blackberry

colin gillis says microsoft needs to put more resources into mobile devices. >> double down on mobile baupz there are north of 7 billion people on this planet and the way people access the internet is going to be via their phone. >> reporter: regardless who replaces balmer or their strategy, microsoft faces real challenges as it repositions itself for the post pc era. josh lipton, nightly businesserer port. >> whoever the next ceo, microsoft faces bill challenges and who to discuss them and who may best tackle them is bill george. professor of management at harvard business school. welcome back, good as always to see you. how big a fix is required at mike soc microsoft and what's the first thing the ceo needs to do there? >> tyler, i think it's substantial. steve has been there 14 years. i think it's time he move on. maybe it could have happened sooner. it's the end of an era clearly and the first person really from the outside. i think it is time to go outside. i don't think the internal candidates are going to be selected, and i think the first thing they need to do is take a comple

study said hoping that financial changes will increase in the coming two years and needs seventeen in gillies dollars a piece of questioning some wanted to be getting if you compare it to but to rush the tiny straight with just over a tv and in use colors but still watch the season at mt is an important trading partner and economic partner on probation but lane the eo southeast asia. amanda and an aging population of course he's won on all the important issues on the agenda and several context i expect it to be announced soon signed on and done of course there will be no rush of music operations in washington on the uptake of otherness of a step further on in and of course that there will be talks about change on size corporation exchange of students and specialists and training of getting specialist training in russia as well. so this is a wide range of issues on the ballot to attend to and how to address the media has studied is this visit is expected to be of green washing it in his ties to new heights. a three way conference in stuttgart and poland as a means to deal with the challenges o

gillies dollars for plumbers and carpenters have already increased to three hundred yuan for fifty us dollars per day. many migrant workers helping to blow while in college graduate from left the migrant workers are probably many cold too and related factors the obvious point that the supply of workers as well as china weekly report the cost of getting into college and grad who become unaffordable for bro family it does mean that four years of college study what i write it down he ran for thirteen thousand us dollars for the country's rowe family this is not a small number what's more significant job or college graduate each year the delicate getting full one commonly held belief that job market went there to many aren't even bothering to try it out. especially the competition is one sheet which are connected. it was from the leader of modern chinese history might recall that i didn't call to revolution in the nineteen fifties had a similar scenario. at that time that i ve told of migrant workers in high regard to what intellectual. another time during the nineteen eighties and ninete

temperatures are gilly because it's so clear. throughout this afternoon we'll see a really nice rebound. 33 degrees, one away from freezing. in napa, nonetheless we're headed to mid-70s, 70 dpres bay side. then we're tracking a warm-up only to be followed by some showers. that's all coming up in the seven-day forecast. we'll time out the changing weather. let's track that changing drive. here is mike. >> we have a lot of folks giting the road earlier maybe she -- or extra will tep them get out on time. >> looking at somebody 101. there is a good amount of congestion. for the south bay you have a normal traffic flow except for 101. the northbound side very slow from capital expressway up toward tully. sounds like all of the activity gone from that onramp now. story road, southbound, we had a crash there. those have cleared. better with that sould bay build is on. south 880 we had a spinout but around davis street blocking your slow in. in toward hayward for south 880. the bill for the y, that's moving with the taillights past the

colin gillis, analyst at bgc partners said perhaps a canadian government bailout would have been a betterins me now. let's begin there. you think the canadian government could have come in and propped up blackberry? >> ashley this is the bad day for shareholders employees, it would have been better to go public, show customers they will be a ongoing company and reduce the drumbeat of negativity. we'll see cash they're burning and debay in businesses. you have to wonder if you're a customer of black per which will they get chopped up and sold off in pieces? ashley: what is wrong with the latest effort to sell the company. >> we don't know specifically. ashley: what do you think? >> letter of intent was sent there and there was no financing behind it. if you're a bank and being asked to lend $3 billion to predict the cash flows going forward for blackberry is a very difficult thing because who knows how many more units will sell and what the cash flows could look like. why i said, you know what? if the canadian government backstopped the loans and we'll take responsibility for it? it is a s

joining us to weigh in, brian heater, senior associate editor at "gadget," and on set, collin gillis.sten, right? you have to put it in context, right? air pair launched in 42 countries over the weekend. many countries have more than one carrier, and also launched in all of the apple retail stores, so one data point from one carrier. >> how far do you take it? >> it's a mild positive, right? generally ipads are unsubsidized devices. it's not -- it's a small pace base that at&t is likely comping off of. you know, it's better than not being up -- >> the alternative? >> right. >> brian, your thoughts on that, and why is apple being mum about the first weekend this time? >> it's really hard to say. apple is usually the first with the numbers, monday morning, they come out, have a big, celebratory press release. i can't say why. some say they may be waiting for the new ipad mini to come out. but most accounts is the ipad is selling very well. >> i can see why, right? because it's -- you know, it's likely not a number that will wow people. because last year you launched the ipad air and min

. >>> colin gillies joins us now. we are also joined by our very own john ford.>> hey, kelly. >> colin, first to you. christmas, a tall order? >> it is one of those comments that could come back and haunt you. we are modeling 20 million ipads sold. investors could be let down if they don't materially exceed that. >> jon, what do you think? >> they did $23 million last year. $25 is not that much. they did $23 million coming off a fiscal year where they had done 58.3. they had done somewhere around 71. you would hope, of course, it would be higher than that. >> you have to wonder if the display quality issues, that display made us point out, that amazon and google have higher color quality in the mini-displays, if that is hurting the consumers. >> it is following the same path as the iphone. >> the only smartphone was an iphone and the competition slowly caught on. it is the same thing with the tablet market. the only tablet was an ipad. amazon is going to get a little traction. >> my kid only wants an ipad for this christmas. >> why? >> he is five years old. it is

colin gillis of bgc disagree, saying mulally doesn't have the right resume for the job.to make change, all right, they're likely going to go with an outsider candidate. and i like stephen elop, personally. that would be the choice i would make. >> reporter: now, just today, shareholders approved the deal allowing microsoft to buy that smartphone maker. finally, internal candidates mentioned, as well, such as coo kevin turner and satya nudela, and turner could be the right one if you want someone who knows the culture, and nudela knows the cloud. they will face a big challenge, as microsoft redefines its mission and purpose in the post-p.c. world. we'll be here covering the shareholder meeting, so look for more reports. back to you. >> all right, josh, thank you very much. >>> let's bring in patrick caser, with brandywine global, the firm owns more than 4 million shares of microsoft. and tim lesko,'s principal portfolio manager, opens 338,000 shares. our own jon fortt joins us at post 9, or as we're calling him, jon forte. no one is looking for big news at the meeting. bu