analysts say the aquisition reminds them of how apple is constructed. "they see how apple owns everything from soup to nuts. it's os to hardware." it has been a busy time for wireless mergers and aquisitions. take sprint's deal to buy us cellular. and verizon, the largest u-s cellphone service provider with nearly a hundred million subscribers' purchase of british telecom vodafone's wireless business jointly owned by both companies. some consumers are wary of so much consolidation. "i hate to see them joining into one and giving us fewer choices." "with sprint, if you were a penny short, they disconnected your phone but with us cellular, if you were short, they'd give you an opportunity to pay your bill." for now, analysts believe there's enough players in the wireless marketplace to provide competitive pricing. "i don't think we're not at that point. there are still two dominent players in the smartphone industry." "as long as there are folks like samsung and apple and microsoft remain separate, competition will remain in place." as recently as 2007, n

how does your apple plan -- or how does apple plan to keep your print secure? apple has a plan for that. >> apple thought about this because it will not be stored in the cloud. not a giant data base. >> reporter: the fingerprint sensor is built into the home button. supposed to simplify unlocking your phones and making itunes punches. >>> when it comes to keeping an eye on students, facebook is fair game. they hired a firm to keep track of teens media. trolling for references to things like drug use, violence and bullying. the district says the program aims to help identify problems before there is trouble. critics say it is stalking. we'll be right back. (man) that's a good look for you. (woman) that was fun. (man) yeah. (man) let me help you out with the.. (woman)...oh no, i got it. (man) you sure? (woman) just pop the trunk. (man vo) i may not know where the road will lead, but... i'm sure my subaru will get me there. it would run on the most affordable energy source available. it would charge overnight. every morning, you'd wake up with a full tank, ready t

in our cover story, how apple hopes to regain its midas touch. three hours after apple's store in downtown chicago opened, the line for new i-phones still took an hour and a half. most of the buyers, leapfrogging from phones two-years-old and older. "needed an upgrade. i had the 4s. it's getting slow." "the way you interact with it, the menus are more intuitive." these are the buyers, apple is counting on between now and year's end. two years ago, apple sold 37- million apple 4-s in its initial launch and fourth quarter. last year, the apple sold 47-million i-phone 5's in the same period. this year, analysts say the target is about 50-to-55 million, from the 37- million who bought 4s's, and new customers including a push to sell more in asia. "i think this one is an even more important launch for apple because its stock took a dip and people want to see if they can once again, create innovative products, and so far, it seems like they've done that." the new processor is said to make the new iphone 40x faster, with bigger pixels in its camera, not

everybody loves to talk about how apple sold bond at the very high. great. what about a new product, guys? you say it's cheap. maybe it's cheap for a reason. >> on the if you car front, we got reports this week. the stock rallied a half a second they're testing 6-inch tablets. this is something samsung is doing. they're not leading the pack. they previewed these phones with ios if june. investors will be disappointed. your point is a it gra one. if they open up, there is 107 million users on china mobile, they're not going to rush out an buy tens of millions out of the gate. it will take time here. if investors get too excited a about the chat mobile opportunity. i think it will take some time to work itself through. >> in terms of your view on the stock price, dan, you would buy on a pullback? >> i think 500 is an interesting level. it's reached technical resistance. that 50-day or 200-day moving average at 4.65 is an important level. i think you will see tons of support there, because of all the buy backs and these reasons that you mentioned. to me, if you

in today's cover story...from wall street to main street ...how apple is making a killer comeback. plus, is the housing market recovery having a negative effect on american's savings. and the sector that's on a hiring spree. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas good morning! it's tuesday, september 24th. i'm angela miles. in today's first look: mild selling pressure in the market.stocks staged a modest sell off as traders took home profits.the dow down 50 gold fell 10 dollars an ounce and oil dipped $1.33 per barrel. president obama will speak to members of the u-n today. he will likely seek diplomacy in the syria situation. the presdient of iran will also be speaking. the chicago tribune reports citigroup is cutting 1,000 mortgage jobs.and chrysler has filed for an ipo. the company is partially owned by fiat. let's get the ball rolling this morning with michael gurka of spectrum asset management. he 's on the floor of cme group. good morning micheal, it's been a while. > >good morning. > >what do you thin

apple. he's using a call fly. let's see how this works.t's a bullish strategy where you buy one call and sell two higher strike calls against it. but to protect yourself you then buy one even higher strike call. sounds a little tricky. here's the bottom line. you want the stock to go to those two strikes that you are short. that is where you make the most money. that's your target for the stock as well. sort of like threading the needle. it's tricky. dan, walk us through this. >> i do want to buy this stock at 465. i think you'll get some appreciation and get this unchanged at some point in the next six months. you have to get in for next week's event, this is one way to do it. also dlerg fact there's fiscal q4 earnings will be in november expiration. i'm going to choose november expiration to look at this. that could be the pivot point. if this company says they have or outline a road to earnings growth which they have not had in a while, that's the thing the next big catalyst. when the stock was 498 today, i priced up the november 500. 5

apple shares fell less than 1%. obviously not the case for today. nicole petallides on the thick k exchange. nicole: you showed howstock reacted. in this case, as you have slickly noted, apple down under pressure yesterday and today even furthe furthermore to the downside. a loss of 5% weighing heavily on the nasdaq composite. 13.3% of the nasdaq is weighted in that index so heavily. the dow and s&p are furnishin f. three of the biggest ones. a concern of the disparity between the 5s and the 5c is not enough to gain traction. what about china mobile? they clear the last hurdle to run the iphone on the china mobile network yet no deal was announced. that is one of the wildcards that still remains, why is everybody looking over there? i thought it would be soon. that seems to be one thing that is still a wildcard leaving questions for investors. back to you. liz: we have the shutter fly clo earlier on fox business exclusive, he said did you guys evedo a notice party announcemes yesterday was apple is getting rid of the eye card business which was meant to take on shutter fly business. that went away. this is a compa

how about this apple and new phone 5 c and 5s.l in that i believe the needle will be moved and the stock will rally on these new phones. they're different enough and important enough to the business that i can see them driving apple stock higher over time. let me explain why this is and let me clarify some of my comments about this great american company. despite what you've heard or the company might think, i am not an apple basher. my family uses apple. i have never bought samsung and never will. i will buy the new phone. why would i want apple to go lower? as a shareholder i've been unhappy. my trust is unhappy with apple of late. even as i'm grateful the stock is having a huge run from when the trust first bought it, the stock business is tough. this is very much a what have you done for me lately game. apple's done so much for so long, you think they'd have goodwill in the bank but it's not a goodwill bank. i've been vocal babout how appl let expectations get away from where it should be. you have to keep expectations low in

. >>> up next, how apple beat its own record this weekend. >>> and the community is getting help from the feds. >>> in the news room, what we're working on at 6. >>> a commuter nightmare, but traffic wasn't to blame. we'll explain how the casual car poolers, became the victims of crime. >>> we investigate bay area cities utilize liesing this -- utilizing this program, and why some say it's a waste of time. next at 6:00. by 62%, which makes days with grandpa jack 100% more possible. join us at kp.org and thrive. . >>> the troubled community in san francisco is getting some help, a big federal grant will help to curb violent crime. >> this childhood has been victims to violence. >> she's lived in the bay view district for 19 years, and works with young people there, and she says the community is fed up with violence. today she helped to celebrate a new three year, $1 million grant to develop new ways to fight crime. the da says the program will focus on victims. >> people that have been exposed to severe violence early on, not only they'll be victims themselves, but they often go out an

we'll tell you how apple is shaking up the color palette shaking up the color palette tonight. ♪ for store near you go to benjaminmoore.com/dcmetro. ♪ for a store near you go to benjaminmoore.com/dcmetro. to triumph of his mother and brother were murdered . >>> we have exciting new panda pictures to show you right now. video is in from the panda cam at the zoo. the little cub seems to be squirming around. hopefully you get a good look at her now. there's a lot of questions about whether this panda cam will continue if the government shuts down. the zoo will be closed if there's a government shutdown. but we'll see if the panda cam would go with it. the baby panda would still be taken care of. there's no word if the panda cam will survive. at the news 4 live desk. scott mcfarland. >> we can't shut down. we have to keep those coming. >> very cute. that's amazing. it's also amazing to see how some of our kids can progress when they're adopted. those who know isaiah say a family could make a big difference in his life. barbara harrison takes us to meet isaiah at his special school. spell

how do you think it will affect apple?> it's an important moment for apple because they've gotten beat up in the stock market for not being innovative enough in the wake of steve jobs' death and the takeover by cook, a different ceo. to do the important roll-out, one will be a sort of jacked-up iphone 5 with a whole bunch of things. including a possible fingerprint sensor, better chip, colors, better camera, things like that. >> better flash? >> better flash, exactly. then the champagne color with one of them. people do care about those things. right now you can have white or black. >> what's the -- >> fingerprint, a fingerprint sensor so you can do all kinds of -- we don't know what all the applications doctor toing, like a password. >> for when you put on the phone, that will be your fingerprint, you no longer need to punch in a four-digit code. >> recognition, facial recognition, fingerprints, eye recognition, things like that. >> possibly a cheaper phone? >> it's not possibly, they're doing a cheaper phone. >> what pri

when apple unveiled iphone , people had a lot of questions about the fingerprint sensor. how does apple plan to keep it safe? security researchers say apple has a plan for that. >> apple has thought about this because the data is not going to be stored. there isn't going to be a database of sensitive information. >> the iphone fingerprint sensor is built in the home button and supposed to simplify things like a lock and making i tune purchases. >> a southern california school district says when it comes to keeping an eye on students, facebook is fair game. schools have hired a private firm to keep track of social media activity. monitoring posts by 14,000 students for references to things like drug use, violence and bullying. the program aims to help identify problems before there's trouble. critics say it amounts to stalking. >> bike share program is taking off and now calls to make it bigger and better for riders. >>> all right. let's check out your forecast. we take you in to san jose. plenty of sunshine after clouds this morning. 77 degrees. a little cooler tomorrow. >> t

i think that otherwise, inve investors feel that apple is a little bit tone deaf about how to approach the emerging markets. you need to be more aggressive on price. that's what i've heard loud and clear from investors today and i think apple does have a plan. i think it has something do around exploring some of the pricing in different markets based on the market itself versus a standard flat pricing. similar to what they did in the june quarter when they started to lower the price of the iphone 4 international market. >> and gene, you admitted and said hey, i was wrong on china mobile although you may be right. we have special treat for you and the audience, herb greenberg who moved back to the west coast and he's back here calleding him pirate green burg. he should be wearing a eye patch. we appreciate you coming back. you have a question for gene. >> i have a comment. it's the margins over market share issue because that's really what everybody is talking about. you wonder if apple is sitting there and thinking the way they were dealing with it in the pc and the laptop market where

i'm not sure if that's enough to move the dial but might give a sense of how apple's innovation trajectorymping up and we can expect more exciting products next year. >> do you think the importance of the penetration or greater penetration into those emerging markets outweighs the fact a lot fear by getting out with a lotter cost phone it might diminish the premium niche that apple has so covered? >> well, i think as long as apple focuses on having the best experience at a specific price point i don't think they have a big problem. if we look at the iphone it's hardware configuration than the galaxy s 4 from samsung and commands a 15% price premium. they have ways of keeping that brandt intact without undermining it. whether or not european or other emerging markets will ignore the 5 s and go for the 5 c. >> what do they do when they run out of number and letter combinations? >> there's always a 6, 7, 8. >> you get my point. if we just keep incrementally adding to these things, are people going to be that excited? i'm annoyed by the fact that the ipad 1 is not running certain applications

one i hadn'thoughof bore, and s ireally don't have any particular insigh 'd benteresting to hear how applothers rpond t that what wil say, though, is th italled touch theingin rognir. for ape, i osp a whe new wa inhich theyan doubl owheir service wheter it'sor photos or f e-comrce or, u ow, all nds of diffentpplations. i d hope it tns outo be ccul aspple iende it to be. li well, tim cookwe should g tohim, you have beenuoted as calling stevejobs -- een though in theearly days yo ha said here's the door, go -- you' been quotedn rent yes saynghate's e greatest ceo ever, and a lf people mit agree with you especially consideng his vison and h abity not only to lok thinside of a product, but the ouide and t look inays noby else dd. tim cook, what's your grade for him? >> i tink he's doing a peacular job. just likeop undertimated epple custome tbili apple todesin gre products going forward, they real underestimated tim coo he has put together aerrific management team. you look at the quali -- if u look at the qualityof -- it's a product company. yo look theli t pruct design, thelif at the techno

>> kroft: it's how apple was able to create siri, the iphone robot... >> siri: here's the weather for.and google its self-driving car. >> brynjolfsson: we've been amazed at how rapidly this has been happening. >> this is jeopardy! >> brynjolfsson: ibm's deep qa system that plays "jeopardy," we had a contest here that played against our best m.i.t. students, the best harvard students we could put it up against. and not surprisingly, watson won. and it's being used in real, practical applications now on wall street and in call centers. siri-- millions of people are using that every day. >> mcafee: the fact that computers can now understand and respond to human speech, the fact that they can actually generate prose of decent quality, they can drive cars, they can win at "jeopardy"-- we're seeing technology demonstrate skills that it's never, ever done before. >> kroft: and it is putting new categories of jobs in the sites of automation-- the 60% of the workforce that makes its living gathering and analyzing information. this piece of software, called e-discovery, is now used by law firms

apples. crisp. how common is it to get one year where you have 2 million bushels of apples? ll have 30 million. >> before my time. we have been around 25 million or better most years. this year we are anticipating about 27 million. jeff: how the apple orchards have changed. take a look at how close these trees are together. how small they are. this is the way the apple industry has changed. the technology has come along. the breeding of the plants. a lot more apples in the same amount of acreage. that is the latest. that was a good apple. dagen: it sounded hellacious, jeff. connell: that crunchy sounds. dagen: you can get some apple cider in connecticut right now. connell: that is a great transition for us. you are better off eating apples than french fries. burger king's less fat, less calorie french fries. dagen: a more personalized xbox experience. advertisers looking at a new way to get your attention. the disney ceo with dennis kneale. that is coming up at the top of the hour. first, treasury markets on markets now. ♪ ♪ >> i am lori rothman with your fox business brief.

seema mody is there with the details as well as a look at how apple's announcements today are impactingr stocks. seema? >> let's start with the tech rally fueled by shares of netflix. netflix striking a deal with virgin media. other big winners, micron tech, seagate technology and expedia. apple was on that list but after it unveiled two new iphones, the 5s and 5c, shares moved lower. a different picture when you look at some of the stocks in apple's ecosystem, arm holdings, shot up right after we got apple's iphone announcement. other names that potentially do business with apple, qualcomm, sandisk, nuance and triquint semiconductors. >>> our next guest is former mayor of new york city. he was in office 12 years ago tomorrow when the terrorists truck the world trade center. >>> and syria is front and center on the world stage. joining us now is former new york city mayor, rudy giuliani. great to have you here on the "closing bell." >> always great to be here. >> great to see you. >> good to see you too, maria. >> it's hard to believe it's been 12 years. we'll reflect on that but let's

we'll let you know how apple's stock is doing premarket. that's coming up. >>> so much for summer. get ready for fall weather. we have a cold front coming our way maybe showers too. we'll talk about it coming up. >> and checking the ride now through the altamont pass and towards the dublin interchange, it is slow-and-go out of tracy all the way through if you are heading towards the castro valley y. we'll show you the latest travel times and check mass transit after this. >>> kpix 5 reporter anne makovec is on the scene of some breaking news right now along san bruno avenue. and we'll get to anne in just a bit but she is covering the latest on an attempted robbery at the bank of america there. and when we get anne back, we'll check in with her. >>> all right. let's go on to what is trending now. apple fans might have to be ready to wait even longer for the anticipated new iphone 5s. there are reports that the stock of the new phone will be limited when it launches today. the gold and silver models will be harder to get potentially leaving the gray modest on the shelves. our ryan ta

people are flocking to twitter and apple's forum online, one person on ing writes: he zoom everywhe on e new i-o-s 7 uous andy king me adache. it'sactly how i ed to get car vt same car.other says "i ing it for 2 creates a way toi pe appl ture upde." at's right-- it camera.vable se caugh break 5 ends. x rning en a helmet camera caught a firefighter bringing a kitten back to life. you can see the firefighter spot the kitten laying lifeless on the floor of a burning building. he brings it outside... grabs an oxygen mask and works for 15 minutes on the kitten.. before it lets out a cry... signaling that it's okay. adlib weather chat ((ad lib meteorologist)) among the flicks hitting theaters this weekend - a look at a famous car racing rivalry - and the sequel to an animated hit for the kids. natisha lance has more. in the golden age of formula one racing - two talented drivers conduct a bitter rivalry. that's the premise behind "rush" starring chris hemsworth as james hunt and daniel bruhl as niki lauda. the film follows the men on and off of the racetrack. besides its talented cast, the film was directed by ron howard. "rush" is rated r flin

many, many atoms in an apple, okay? how many apples would fit in the world? you take the world and made it all hollow and you stuck apples in there, lot of apples or little? about as many apples would fill up the whole world as, as many atoms fill up the apple, so atoms are really... small small-small. some people say, "no such thing as perpetual motion." someone else say, "that's not true." atoms are perpetually moving. they're moving all the time. - who's right? - both. are atoms in perpetual motion? any atoms in this room? - yeah. - [inhales, exhales] yes. i'll be glad there's atoms in this room, right? they make up the air in this room, right? - are these air atoms moving? - yes. you come home from school. you're on one side of the house, mom's on the other side of the house. she opens up the oven. there's a pie in there. you got that almost right away. - how did you smell the pie? - atom. she opened the oven and what happened? atoms, these things migrating all the time. so atoms are constantly migrating from one place to the other. not only in air, in li

we would not know how apple did over the weekend. here is a look at your headlines. pple's set a new record of the release. they sold over 9 million iphone 5-as an aside-c. the gold model is impossible to find. i called will different stores and they laughed and told me good luck. they are on ebay go on for over $1,000 if you have a monitor it >> a hacking group and germany is taking consideration in the iphone touch feature. they showed this feature on all you to-- i will say that it is not easy and most people will not go through all this trouble that will take to try to pull this off. do not worry too much about. apple has not commented but i am sure in a few weeks that will send out an update that will plug this whole thing. >> black berry has been sold. their largest shareholder wants to buy the company for $4.7 billion. he wants to run this as a private company. they faded away and it is unclear what the future will hold. but for now they are still providing people with existing black berries. if i were you, i would not buy any new was until you find out what th

the real question is how low is apple willing to go. there is a market in china for the highest end iphone and android, and apple can do well in that. the bigger opportunity is in the middle range and low end of the smart known market. it remains to be seen whether apple covets that market enough to have a low-end phone. >> us consumers - we have iphones or new devices. at what point do we say now is the time to make a change. technology changes - should it be technology, prices - what should be an wait for. >> predominantly in the us people look at whether they are under contract. most other countries you don't get the subsidy to buy a new phone. people look at is my old phone working, can i get the software i want. in the us we ask a different question - am i eligible for an upgrade. it's good for phone sales and juices the markets. it means we pay more for cell service than most people. that conversation is starting to shift. taem mobile did away with sub-sidies. others are looking at similar things. then the question is is the phone

biggest day of the year for apple, how one analyst described tuesday's event. colorful launch, for not one but two new iphones. by wednesday, apple shareholders were seeing nothing but red, though, as the stock dropped 5% and some responses on social media, they weren't so bright either. but still, this is apple we're talking about. here it is in a highly anticipated event in california. ceo tim cook unveiled apple's newest flagship device, the iphone 5s. the main features? it will come in three colors -- silver, gold, and space gray. it has a new a7 chip inside, which apple says makes it twice as fast as the previous iphone. and improved camera features a better image stabilizer and bigger flash, and as rumored, a fingerprint sensor called touch i.d. >> the history of fingerprint sensors on notebooks isn't very good, but this is a different technology. until people have a chance to use it, that will be the big question. >> reporter: one of the best features? pricing. the new iphone 5s stays the same as previous models starting at $199 for the 16 gigabytes with

. >>> early clues tonight as to how well apple's new iphone 5c is selling. >>> and flood in coloradoand the promise that help is under way. >>> the call now for an investigation. >>> and get ktvu news to go. download the ktvu app, click the live icon and you can watch all of our newscasts live right on our mobile device. at farmers we make you smarter about insurance, because what you dont know can hurt you. what if you didn't know that it's smart to replace washing-machine hoses every five years? what if you didn't know that you might need extra coverage for more expensive items? and what if you didn't know that teen drivers are four times more likely to get into an accident? 'sup the more you know, the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum, bum - bum - bum -bum ♪ or how to get great deals the easy way. you do enough flying around. that's why we give you real big club card deals. this week, a super low price on breakfast. honey bunches of oats is only $1.88 a box. arrowhead water is just $3.33 a ca

what was also surprising, maria, is how little apple seemed to have mattered overall. t went positive. dow industrials was and finally take a look at how close we are to historic highs. 1% to the s&p 500. we're not far from historic highs. back to you. >> thank you so much. each year cantor fitzgerald donates 100% of global revenue earned on 9/11 to charity to commemorate the employees who lost their lives on that day. celebrities came out to do their party. mary thompson has been covering the event all day. tell us about it. >> it was a great day, maria. no firm lost more employees on 9/11 than cantor fitzgerald. as you mentioned, their charity day started as a way to raise money for victims' families. now it gives away money to over 100 charities. the firm gets some help generating commissions given away from a star-studded temporary workforce that today featured billy crystal. >> i'm on a hot streak. don't take so long to decide. just say yes. yes, we're good. boy, this is easy. >> also on hand actress bridgette moynahan. there were a number of olympians, brandi chas

. >>> early clues tonight as to how well apple's new iphone 5c is selling. >>> and flood in coloradoand the promise that help is under way. >>> the call now for an investigation. >>> and get ktvu news [ female announcer ] safeway presents real big deals of the week. or how to get great deals the easy way. you do enough flying around. that's why we give you real big club card deals. this week, a super low price on breakfast. honey bunches of oats is only $1.88 a box. arrowhead water is just $3.33 a case. make it a triple scoop. dreyer's ice cream is just $2.88. real big deals this week and every week. only at safeway. ingredients for life. >>> the america's cup race is on san francisco's bay could hit the finish line this weekend if oracle team usa doesn't find a way to beat emirates team new zealand. all new zealand needs is three wins. but after years of anticipation and years of problems some are asking if the races were worth it here in the bay area. noelle walker now with why some people are saying san francisco is the real loser. >> reporter: the city put up $20 million to hold

once we see how china responds, a launch country pfor the first time a better read whether apple made a good decision with pricing at these levels. >>> and when we come back, what will it take to boost apple stock? we'll have that answer coming up. but first, here are 54 companies that hit 5 2-week highs today, and here is a look at some of them. >>> investors are getting excited bonds verizon is about to sale. people familiar with the offering set to price tomorrow say they are running at more than $90 billion. verizon expected to sell to finance the $130 billion buyout of vote a phone steak in verizon wireless. ten-year bonds are expected to yield 2.25% points more. >>> boodem group and jc peen knee reached a deal to open up store within store boutique featuring kitchen, houseware and stationary products but the struggling retailer never delivered and is being sued for breach of contract. >>> we begin market focus tonight with a slide in another teen retailer. urban outfitters warning sales aren't growing. it the latest in a string of week reports that cater to the age group. invest

how fans in apple. >> from darkness came a beacon of light from a four-inch screen. by the team the -- time the store opened more than 250 people were in plenty of sunshine. >> it's exciting to be with people that are killed wit with -- filled with energy. >> free coffee energized the crowd. he says he was impressed with the turn out. >> what do you think of the big line here? >> i love it. it's great. i got to shake tim cook's handed. >> biggest dws apointment was lack of the new phones in a gold color. one. >> they just let us know that they had ran out of the gold. and that was the one i had been in line since 7:00 last night for, looks like i'm getting a white one. >> any chance you can trade this into gold? maybe sell it? >> maybe, if the price is right. >> customers were treated like super sars but when exiting, the hype is over and all that is left to do is send with the star of the day. >> it's great. they have to be shipped and that can take several days. people are the first to get their hands on the new iphones. >> now rjs if you have a new iphone be sure

big story of the day, that's apple, it's new iphone went on sale today, depending how you look at it,emand was strong. or perhaps supply was weak. jon is out with more on this. >> melissa, it really seems like supply being weak is a big parts of this. that's what i'm concerned about. the reason why, if you go to the online apple store, you'll see seven to ten business days you have to wait for shipping on the white or black colored iphone 5-s, it's october for the goemd. meanwhile, on the 5-ct's shipping in one to three business days. a year ago, with the iphone 5, you saw supplies basically maintaining until halfway through saturday. and there wasn't even a preorder on the 5-s. normally with a new design, apple is particularly supply constrained on these designs into q-4. but this is an s release, normally they don't have to redesign the entire thing. their supplies tend to be better. so what i would look for, if i were an investor, how quickly is apple able to replenish these supplies? there will be a lot of questions about that on the next earnings call in mid to late october, beca

we're live at apple's headquarters. see howoves, right from the get-go, with this product announcement. a lot of stocks will be moving one way or another based on what happens with apple. a lot tied in to that ecosystem. >>> a big report on cnbc.com getting a lot of attention today. it says housing is already in a bubble. we'll talk about that, beginning at 1:00. meantime, scott, back to you and the fast team. >> all right, thank you so much. we'll look forward to that. >>> shares of target struggling to find momentum recently, but is the beaten-down retailer too cheap to ignore? weiss, make your case. >> yeah, it's too cheap to ignore. street estimates have come down by 10%. that's a major decline. expectations have come down more than 10%, and you are seeing a number of downgrades in reaction to the last quarter. here's the story. they're growing earnings now, it's been reset to a level they can definitely beat, at 20% this year to next year to the following year. so you've got three-year earnings' growth at 20%. additionally

. >> when apple unveiled newest iphone, people had questions about one feature in particular, the fingerprint sensor. primarily, hows apple plan to keep it safe? security researchers say apple has a plan for that. >> thought about this. the data is not going to be stored in the cloud. there isn't going to be a database of sensitive information.. >> iphone fingerprint sensor is built into the home button. unlock phone and making i tune purchases. >> a southern california school district says when it comes to keeping an eye on students, facebook is fair game. hired a private firm to keep track of social media activity. monitoring posts by 14,000 students for references to things like drug use, violence and bullying. aims to help identify problems before there's trouble. critics say it amounts to stalking. >>> in the next half hour, a tentative deal to get rid of syria's chemical weapons is on the table. how the deal would work next. >> reporter: and we're live in san francisco where one man is in the hospital recovering from life-threatening injuries after he was hit by a cab. we spoke with one business owner who hea

. >> so apparently someone already took a bite out of this apple. how hackers got past the new iphone's latest security system. relaxing the rules when it comes to electronic devices on airplanes. the changes that may come for you when you take to the skies. >> an unlikely friendship. redefining the relationship between cat and dog. >> welcome back to al jazeera. i'm morgan radford - here are the top stories we are following now. you are looking at live pictures out of nairobi, where the nation's military says most of the hostages held by al qaeda-linked militants in a shopping mall have been rescued. there has been a number of bursts of gunfire in the last few hours. before sundown sunday the military launched a major assault, freeing most of the hostages held during the 2-day siege. at least 68 have been killed and 175 injured since the standoff began. the 68th regular session of the u.n. general assembly kicks off. high level meetings will take place among 193 member states and the ongoing war in syria is top of the agenda. >> netflix making history

we'll be right back. >> with tuesday's launch of apple's new iphones our data dive kicks on gadgets and how soon will your shiny phone feel like a ridiculously slow old piece of junk. apple announced its 2007, and people marveled of its. then 2008, the first version seemed a little bit slow. then 11 months, 3g s and we got siri a whopping 16 months later with the four s. you get the picture. now comes the iphone 5 s and 5c so apple lovers will be dying to upgrade. buy back programs can soften the financial glow, are giving you a few bucks to $500 to buy your next piece of hardware, and a lot of you will, a lot. from april to june of this year there were more iphones sold every day in the world than babies were born. also with sox people using their iphones for cameras and watches those industries took a hit. estimates show that more than 1.6 trillion pictures are taken each year, a number that's widelwidely believed to have gop since then. global shipments of traditional cameras, olympus alone lost $235 million of camera business in the past fiscal year. many people abandoned their watches

about that in terms of the response to peaceful demonstrations but when you talk about the bad apples, howvery small percentage, even today. the estimate by the army, less than 6% of those fighters, 160,000, are extremists. extremists that espouse the kind of ideology that we don't subscribe to. they want an islamic state which is different vision from the coalition. >> let's talk about this third way proposed today by secretary kerry about hypothetically if assad were to give his chemical weapons to the international community, maybe he could avoid a military strike. now the russians and syrian government are saying oh, let's talk about this. what do you think? >> well, let's start by making sure that we don't trust the regime nor the russians when it comes to that. they want to buy more time to engage in more killing. number two, at the top of any political solution now or proposal should be accountability for those who committed the crimes of the use of chemical weapons. number three, it should be a package of political settlement that would lead to democratic transition like geneva es

that's how people thought about apple. you were looking at a snapshot of the enterprise, not a continuum. that's why the market used to pay a high multiple for apple earnings, because you expected a big up year. but in the last 18 months analysts didn't believe there was much in the pipeline. many questioned whether there could be anything earth shaking that would allow apple's earnings per share to really rise. why analysts don't talk much to each other, they have a bit of a group think, a mentality about how their universe of companies is is doing. the last few weeks, as we got closer to the launch of the new iphones, almost collectively the universe of analysts grew disappointed with what apple was saying and doing. [ boos ] with these new phones perp choosing to look only on the outside, the hardware side, and it didn't seem revolutionary enough to unseat new market darling samsung. that's why after the big reveal so many analysts cut their numbers and cut their rates. the perceived lesson was that apple had a product

apparently someone already took a bite out of this apple. how hackers were able to get past the iphone's latest security system. >> the family of a florida man released a shocking police dash cam video showing him being run down and killed during a wild chase. 38-year-old marlon brown can be seen running in a field last may when a police car that you see there driven by a rookie officer ran him down. the officer was fired, but a grand jury chose not to file charges. brown's family is now calling for an independent investigation. they say you can see brown holding up his hands as if to surrender. he is running from police after being pulled over from not wearing a seatbelt. >> hackers claim they cracked the code to the i-phone fingerprint scanner just a few days after apple launched the phone that showcase that is security feature. the group posted a video showing someone accessing the iphone 5s. with a fake fingerprint. they say they photographed an iphone users fingerprint, which they used to create a mold for a fake finger. apple has not respo

comes out in different colors. >> so tuty fruit oregon otherwise -- or otherwise, let's play the apple game. how are you trading it? >> i'm long. i've been long for a while. i think it's going to be a phone. >> what kind of phone? >> as opposed to other products apple tv or whatever another mini whatever pad. i think the -- and i'm wondering if it will be something from the acquisition they bought if there is some sort of bionic element to it swipe or something like that. >> grasso? >> we've seen the leaked photos already so it's going to be the 5 c. >> everything on the internet. >> it's true. this stock is probably markzed out. you're looking at margins coming in. when the most innovative thing and bullish thing they can do at stock buy back i don't think people buy it for a buy back. >> guy? >> i think they're going to make a larger phone. i know pete talks about it all the time. to the extent they're going to do that they'll pull that off. on the other side they announce a cheaper phone to rival. >> the 5 c is what it's being called, the cheaper one. >> what does this mean for the stock? sta

years you can tell you're in the big apple with all the apples from new york state and green apples and how this is apple season. apple cider. everything is locally grown i come here with $20 a minute. [laughter] so. gerri: is localizes the key to good farmer's market comes from hear. >> really within 50 or 100 miles of your city there is a lot of greens and the tomatoes are still coming out. when food is this good and delicious and local you don't have to do much to get gerri: i think it is super fresh so in this fall what should i be shopping for? still coming by like squash. carnival, bettered yet, sugar pumpkin, i will make something today with us we will make sugar plums skin was. gerri: let's go. >> what i will do is i will use this pumpkin as a presentation piece. i want to save this i will let you do this to take up the debts -- that's. then you can cut these down and appeal its. then be roasted and tell it is nice and soft. then the puree. gerri: look at that. >> was a little bit of honey and a touch of butter. >> this was pre-roasted now .7 that and he was beautiful fresh pastas y

but how is apple going to top that when it offers a device of its san antonio. >> that's -- it's own.designs better than anybody. so this samsung one is neat but if happen comes along and makes one that is so shiny -- >> neil: none of this i wowing me just yet. i think we have to -- >> here's the killer for you. a lot of companies are selling these fitness devices. pedometers, yadda, yadda. that's built into the smart watch. so it's a pedometer, a -- >> neil: so through you go, doubting sandra. >> it just doesn't sound like a necessity to me, and neither was google glasses or apple television. i mean, we have seen all these things pour on to the market and nothing has become a necessity like the smart finance,, -- smartphone, and wearing a watch on your wrist doesn't seem like something people are going to rush out to buy. >> neil: will re -- we'll see. >> john mccain bad for playing a game. him, not me. and i'm going to tell you exactly why. ♪ [ male annouer ] let's go places. but let's be ready. ♪ let's do our homework. ♪ let's look out for each other. let's look both ways before cr