idc partially blames the " windows 80 operating program from microsoft.o give the industry a boost, but received mixed reviews when it debuted. >> if you bought a power ball ticket, you could be a lucky winner. power ball came to california on monday, and the first drawn was held last night. here are the winning numbers in case you miss them. one, 36, 40, 52, 53 and the power ball number was 20. current jackpot at this time is as $70 million. >> we will be right back. omomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make somomcopies? .....w.with the tanning bede >> welcome back. we are watching on wall street. the dow has crossed over the 1400 mark. we are now joined with rob black. >> corrections are alway

so herb, it wasn't just idc, we got sia numbers too which spelled trouble. >> the issue for intel isng to go to encore. if you look at margins which collapsed in the prior quarter, that is the number. that's always been the number for intel. but you take a look at other issues bill flecken stein talking about cap ex. what are they doing with that? he expects that to be cut. you look at the trend in sales, not that great. will they say anything about the ceo's succession, what is coming out of this thing that will jump start or shore up, by the way, just slightly -- intel's problem has been that it's always been poorly positioned, but they do have this hazwell pcu, and with the advent of the touch-screen pcs later this that's seen as a catalyst. some analysts were flagging the problems with the production of the hazwell, so problems with production, with the next catalyst, that all spells problem. the magic combination that intel has potential going for it is the expectations having lowered basically to the ground. there's record high shortages. >> low expectations, high short interes

idc says when the state is not only failed to boost the pc market, but appears to have slowed it. >> thank and gearing up in august, george at the masters get underway today. and to allow more room for winners, the masters changes to the qualifications as 2007 only the top 12 and ties from the previous matches will be eligible to return a call about to the top 16 and ties. with three victories this year, number one tiger woods is expect to capture his fifth green jacket. he tees off at 745 our time. >> >> 4:55 on the kron 4 morning news. a windy start for some of us. tenders in the '50s. mild for some, when the brothers. it should be relatively come. talking mostly clear conditions. it could be as much as 10 or 15 degrees cooler than yesterday. the sea breeze officially kicks into day more of an on george bush. not as a registered a. temperatures are above the seasonal average--and on a shore push. >> 73 for evergreen 74 was caused. in the east bay 75 and walnut creek. 76 for danville. we're talking mid- 60's for downtown san francisco. low seventies for novato. >> take a look at ext

idc is reporting a 14% drop in sales during the first quarter. that's the largest decline on record. part of the reason, the higher sale of mobile devices. they also talk about the new windows 8. >>> finding facebook blah? some faithfuls seem to be tuning out. ahead in 5 minutes, where they're turning to instead. >>> the city of oakland unveiled a major development project for the water front funded by a large chinese investment group. it will be located at brooklyn basin. officials say it would include more than 3,000 residential units a marina and public parks. they are putting up $1.5 billion. they said it would create 10,000 jobs. >>> today a bill was passed at the boy scouts. they have a policy of excluding eagle scouts after they came out as gay. >> as a tax-exempt non-property profit they would not be eligible if they discriminated. >> it's an unconstitutional law. it's the i think fringement of the ability of the group to decide who can be a member. >> if it becomes law it would take effect january 1st. the boy scouts will review their po

research firm idc dropped this bombshell. pc shipments down about 14%. >> been kind of a fail in cuts. every month, pc demand falling a little worse and ultimately, you say, wow, this upgrade cycle is still coming, the story is similar. >> and stocks of companies that rely on pcs relying the pain, consumers spending more on affordable touch devices and not impressed with microsoft surface tablet and windows 8 which tried to blend the touch interface with traditional pc software. >> i think windows 8 is not enough on its own, because it's got tablet capabilities and notebook capabilities and the tablet capabilities kind of get in the way if you want it for a notebook and if you want a tablet, buy an ipad. >> sherman is one of the analyst who's downgraded microsoft today. microsoft is pushing into the tablet market amid reports that it is working on a smaller, more affordable tablet to compete with the ipad mini. what's next? intel working hard to lower the price of pcs to lure customers. shaving 100 bucks or so off the price m

idc also found smartphones accounted for 51.6% of sales versus standard cell phones. tesla is taking the lead. its battery-powered model s surpassed sales of gm's chevy volt and nissan's leaf. the company is also making over its service program with an unconditional battery warranty. it's rolling out more service features in the coming weeks to lure hesistant drivers to try switching to electric. still to come, we head to a strawberry farm to hear what agricultural workers are anticipating from landmark immigration legislation. that's later. but first, a revolution is happening in the publishing industry. what it means for the future of literature. that's next. pick a medium, any medium, and it has been turned upside down by the internet and social media. tv, radio, movies, newspapers - book publishing, too, is following a new set of rules. you can read all about it in "ape: author, publisher, entrepreneur," a book written by apple's one-time chief evangelist. he is a consultant and a speaker and author of a dozen books. nothing like talking to guy kawasaki, who is a

i know there has been a strong partnership with idc, and who actually hired youth. it's an amazing opportunity for those two young people. but i just think we have to be careful what we talk about outreach. if you are talking about an organization in the district. why i expect outreach is what you sat down with. the youth, the parents that are unemployed, i don't think this is their understanding of what this was about. >> it's my understand ing that they went to speak there. >> they came to the meeting, it's not outreach to me. it's a good start. i think that, the reason why we are having this hearing is not related to pin anyone on the wall, but it's to give feedback. i think whether we talk about outreach, we would like to see deeper outreach in the neighborhood. i think we want to hear about it and as supervisors we spend a lot of time in our district. we hear a lot from our community and organizers when we fee like real meaning full relationships are happening. i would like to see more of that happen. the second feedback that i will just share and i saw this at

idc says pc shipments were down 14% the worst drop since 1994. the numbers were bad across the board with u.s. market posting a nearby 13% drop. big reasons, smart phones and tablets gobbling up market share and inability of windows 8 to rekindle interest in the pc. t-mobile has got a promotion to drum up business. now it's going to sell the iphone. and t-mobile says customers can trade their own old iphones a 4 s will get you $120 off a new t-mobile iphone. stocks higher on speculation earnings will be stronger than estimated sending s and p and dow to new records. shares higher on shares of apple and oracle and if they were voting on twitter for best hero category. it's the first time the network is allowing instagram voting. at bloomberg studios, carol, larry back to you. >> a michigan couple celebrated 75 years of marriage. >> this is remarkable. walter and eva greenwood both 93 marked their diamond anniversary by renewing vows they met during a ymca dance and had a court house wedding. >> three great grandchildren later they've never had a s

according to research firm idc, samsung has had nearly 33 percent of the market in the latest quarterhe apple market share of 17%. now we continue our "countdown to the closing bell" with liz claman. ♪ liz: well, pretty much at highs of the session for the dow jones industrials. let's get to nicole petallides on the floor of the new york stock exchange to pick apart what moved the most this week. >> reporter: will take a look that the best percentage gainers on the dow jones industrials. this week we gained about 1902 points. but what names of the best performers in percentage terms? let's start off first with dupont's. dupont was a winner, and it gained almost 8 percent this week, clearly outpacing the dow gaining just over 1%. an 8% gain, double profit. you saw sales growth, good news. obviously, clearly the chemical maker is a huge winter. that was the number one performer. the number two performer, a familiar name to everybody, microsoft. a microsoft is the second-best performer of over 7 percent this week, unveiling on may 201st the new exports which will certainly be on all the

. >>> idc says facebook is a threat to google's dominance in the field. spending and mobile ads is growing although the rate has slowed. the research firm predicts research spending to reach $7 million a year. >>> pandora has reached 270,000 listeners. it streams songs based on users personalized profiles known as stations. by 2011 the station had grown to 100 million users. >>> firefighters in ventura county say they have a wildfire contained and expect to have it fully under control by tomorrow. the fire broke out yesterday and destroyed two homes in the town of fillmore. firefighters got a break when the strong winds finally died down. the fire burned 148 acres. it was started by a power line knocked down in those high winds. >>> weather conditions in the san joaquin valley were also reminiscent of the dust bowl. strong winds kicked up dust and dirt along stockton on interstate 5. it was not as bad as yesterday when the winds were stronger and knocked down several trees. today we were cloudy with higher gusts. >>> it's 56 in livermore, 56 in antioch. t

. >>> idc says facebook is a threat to google's dominance in the field. spending and mobile ads is growing although the rate has slowed. the research firm predicts research spending to reach $7 million a year. >>> pandora has reached 270,000 listeners. it streams songs based on users personalized profiles known as stations. by 2011 the station had grown to 100 million users. >>> firefighters in ventura county say they have a wildfire contained and expect to have it fully under control by tomorrow. the fire broke out yesterday and destroyed two homes in the town of fillmore. firefighters got a break when the strong winds finally died down. the fire burned 148 acres. it was started by a power line knocked down in those high winds. >>> weather conditions in the san joaquin valley were also reminiscent of the dust bowl. strong winds kicked up dust and dirt along stockton on interstate 5. it was not as bad as yesterday when the winds were stronger and knocked down several trees. today we were cloudy with higher gusts. >>> it's 56 in livermore, 56 in antioch. t

idc reported ipad took 48% of the market in the first quarter. android devices came in 43%. market off to a positive start this morning. the dow heading higher by 17 points. s&p up by 4. solid start for apple up over 1.5%. back to you. >> all right, jason thank you. >> thank you, jason. 6:48 now. the san jose downtown association is considering legal action against major league baseball and the giants. mlb refuses to make a decision on whether the oakland a's. the giants are trying to block the move claiming they have territorial rights. talks of potential lawsuits still in the very early stages. but could challenge baseball's exemption which date back into the 1920s. >>> time now for a look what's coming up later on cbs this morning. >> charlie rose joins us now. good morning, charlie. >> good morning frank and michelle. ahead new video where you hear the voice of a boston bombing suspect and his former boxing coach. and on the search for a motive in the boston bombings and what agents learned from a mystery man. >>> and this, the fran who invented the frappacino. the news

it is the steepest drop since idc research began tracking the data in 199. the news hammered shares of hewlett-packard, microsoft and intel. >>> also making money, mel karmazin, serious xm ceo cashing in on previously awarded stock optionses to the tune of 244 million bucks that is in addition to the $12 million in salaries and bonuses for his final year at the helm. not too bad, mel. nice job. shares of cirrus km are up 40% over the past year. that is why he is getting the cash. >>> losing money today, boston red sox, 820 game sellout streak came to an end against the baltimore orioles. it began on may 15th of 2003. even when they say it is not it is always about money. melissa: looking unstopable. dow notch the its third straight record close up 120% since march of 2009 to another record high, 14,000, 865. this is all despite huge losses from dow components like microsoft and hewlett-packard. we told you about that. you can't ignore a fear factor. seeing irrational case of stock phobia? let's talk about how to make money. with me now, jack hough with "barr

idc, reporting that shipments of desktops and laptops fell hard in the first quarter from a year earlier. hewlett-packard fell on that report, as did microsoft, which goldman downgraded to a sell. herbalife and sketchers, our own jane wells, of course, has been all over this one. prosecutors filing criminal charges against a former auditor at kpmg for passing along inside information to a friend about the two companies. gold got crushed, breaking below 1500 for the fist time since july 2011. enters a bear market. miners also taking a hit. new month mining, barrett gold, gdf that tracks the miners, down some 20% this year. we heard from some big banks, jpmorgan, wells fargo, neither of which did much to impress investors. companies set to report next week. morgan stanley, goldman sachs, bank of america, and mcdonald's. back to you, maria. >> a quick break. much more ahead on the "closing bell" this friday. up next, the markets at or near record highs. are retail investors back in full force? we'll take a look at that. also ahead, the latest developments in the kpmg insider trading scandal

transactional business of people actually buying pcs was down with the rest of the pc market which idcaround 14%. but as far as business volume licenses, that was doing well. up 10% for instance, in the business division. also units doing well, entertainment and devices up 33%, xbox live memberships at around 46 million. and the windows phone business having pretty good momentum. the online division up 18% ads up 22% with search rates up, something that we saw from yahoo also. but overall, the business community helping out quite a bit soften the blow for microsoft of the overall pc business being down office 365, by the way, on track for $1 billion run rate fiscal year. guys, back to you. >> jon fortt, thanks a lot for that. guy, seems like a good quarter for microsoft. nice gains in the afterhours session, which the stock has been able to hold. but it's been a range-bound stock for a decade. >> karen had a great sell the other day. exactly that, the quarter's fine. revenue miss. you can dice it up any way you want. relief rally off the oversold condition. i just don't think this stoc

new idc data also shows that samsung is not only the undisputed leader in the worldwide smartphone markethe end of the first quarter, samsung had shipped more units than the other top four vendors, which includes apple and lg. bottom line here, smartphone wars continue to heat up, putting more pressure on apple to, of course, find ways to innovate and capture market share, although we did see shares of apple end the day on a higher note, despite that strong earnings report from samsung. >> seema, thank you so much. >>> up next, forget about faa furloughs, the chiefç of stafff the army has concerns about what the sequester cuts are doing to our troops' readiness. >>> and later, tips for building your retirement nest egg. bob pisani coming up with how to protect yourself from rising interest rates using exchange-traded funds. back in a moment. i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the str

. >> maria, tough day for tech, pc vendors and suppliers reacting to the latest data from idc, whichp in worldwide pc shipments as more consumers shift to smartphones and tablets. but despite the drop in large-cap tech, the nasdaq was able to eke out a gain, something that we don't see that often. internet names like netflix helped keep the nasdaq in the green. ceo reid hastings didn't waste any time posting on his facebook page that over the last three months, members have watched over $4 billion hours of video on netflix. maria? >> seema, thank you so much. we are on to tomorrow. 30 seconds on the clock. our panelists here now to tell you what you need to look ahead to to tomorrow. can this rally continue? eric, brian, and jim, good to see you, guys. eric, you're up. what's more exciting for you tomorrow? >> the euro zone finance ministers are going to be discussing the cyprus bailout package, which needs to be 30% larger than previously thought. they need 33 billion euro now instead of 17 billion. and we're also going to be keeping a close eye on the 100 level in dollar/yen, and a

idc thought that they'd be down a little bit more significantly.rrent quarter, things look pretty good. on the next quarter, though, with apple's guidance missing expectations on the top line and on margins, there will be questions, maria. >> let me ask. there's a lot of talk about a lot of new products coming out second half of the year. what was said about that? >> well, we'll have to see on the call what exactly they don't say. because of course they never show their hand as far as new products. but sometimes you can get a little bit of a sense of what's coming if they talk about capital spending. because they have to gear up for new products that they have to build. we could be seeing some of that, even though it's hard to know what exactly to read into that. i think this is a year where we're going to see software and services take a little built more of a prominent role. we'll see what tim cook and others have to say about the broader market they're playing in. google, amazon don't seem to have slowed down the ipad at all. expect apple execut

. >> the big topic is the idc report down here.y surprised pc sales are declining, no, nobody is surprised. a couple things were eye popping in this report. one, the magnitude of the decline and two, the fact the asians have stopped buying. worldwide pc shipments down 13.9% but that was the steepest decline ever in a single kwaerth. if you break it down by region, u.s. down 12.7%? that was a little more than most people anticipated but the asian shipments were down 12.7%. there has never been a double-digit decline in asian shipments before. this is a lot of implications overall for the global market and for electronicsmakers. a lot of them sell components through mobile phones as well as pcmakers. intel down 2.5%. aap down 4.5%. cannibalization trend is accelerating between pcs and mobile devices. that has a lot of implications. broad com? barclays downgrade broad com for heaven's sake. barclays downgraded the entire semiconductor sector. not pc, semiconductor sector. i'll talk about that more later but they cite much slower growt

in fact a new study from idc, also funded by facebook found that facebook mobile users check their facebookount on the phone 14 times a day. some are, most within 15 minutes of waking up. so what they want to do is own the entire money-making experience and there's a lot of money to be made in the smartphone industry. in fact the industry is growing 12% a year, growing 50% over the next three years. so what they want to do is make money when they sell you a phone. there is money to be made in software, apps, mobile payment, cloud services. they want to make money every step along the way. >> so what would this phone look like? >> reporter: here are the rumors we're hearing of. overall i would give this an oomph. i am not sure this is the sexiest phone i ever heard of. we think the phone will be made by htc. a customized version of google android operating system. 4.3 inch screen, 16 gigs of storage. a camera that is weaker than what you get on the iphone. the big selling point with wi-fi, same you do with skype and other voice applications you can get free calls and text message. you said o

microsoft windows 8, it says it's getting a weak reception from customers, says idc.osing tablets over new pcs with with windows 8. >>> neither rain nor snow nor saturday will stop the postal service. the post office saying, never mind, on eliminating saturday delivery because it's not allowed. it needs congress to approve the move or give the postal authority the authority to make own decisions about delivery schedule. neither has happened yet. you've got mail on saturday for the foreseeable future. >> congress makes it hard for the post office to do things. >>> what do we need to know? >> the monthly foreclosures is just about where it was before the recession. banks repossessed the average close to that. way better than the record. 100,000 repossessions we saw back in september 2010. we've still got a lot of people who are behind but fewer than before and repossessions slowing down. >> 100,000. >> i know. it was ugly. september 2010 was a very ugly month for ropos. >>> after all the talk, the finally we're going to get some action in congress on gun control. it wil

idc blames tablets for disrupting the pc markets and microsoft windows 8 getting a weak reception fromome sandals for sale on website. the sandals are called orina, russian ward for peaceful. problem is in spanish orina means urine. the sandals sold from a supply company brand has been pulled from target.com. >>> ahead on "starting point," this morning the parents accuse of abducting their kids, bringing them to cuba, that they will be in court. we will get a preview of what happened coming up next. >>> disturbing site when police tased a man on a highway. shocking takedown and the reason for it. but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95

idc is like 30. >> (laughter) she's doing something right. is she out on the floor?the end of the game the players do it. -- i say at the end of the game the players do it. sunday by years at least. >> this teateam knocked out stamford. > we can follow-up on the florida gulf coast. we talked about the idea that he was talking to them, it is happening. >> me and my wife were talking about her last night, the first movie his wife is and. >> how about basketball coaches wives? >> i don't know about about that trumping usc has always been said it appeared third the women have always been the no. 1 in the area. cal moved up and it will be interesting to see of u.s. seat and this guy makes a move. >> this is the big time for him. they have for a thousand seats. now these guys to be in an area where he will have the microscope on him. it is a bigger school. they have 7000. this will be a big difference for him. >> he got a six year deal for maybe about a million and half. he has another one of those guys do well at at a teleprompter. >> clayton kurds shot and the lights her

caller: good morning, re idc des that exploration was risky and it was to compensate that risk. to get a ride of directly or to get it in depreciation? the deceptive language that is being used is all wrong. back eastch families in the early 1950's when the tax high, thoseery folks were participating in what they call a boondoggle. to find thet them oil and gas which is hard to find. host: the american petroleum institute released a statement after the budget proposal came out. talk about the push back that we have seen since the president's budget. guest: this is the case in the energy industry in general and with these tax preferences. specifically, you are always talking about a trade-off. have here is the trade- off eliminating these tax preferences, which i do think would have impact on production theprices, vs. the cost to federal government in terms of the amount of tax dollars they receive. it sets up a very heated debate. it is one in which it depends sort of on the perspective from which we view these tax preferences. there are a lot of different perspectives. it is im

idc autonomy, do i think d.c. could have more economy? maybe. but also know the constitution put d.c. under congress's purview and we give d.c. money from the rest of the country, from the tax receipts. i think that oversight of the money that we spend is incumbent. weis the responsibility that have oversight on the money we spend from the u.s. treasury in d.c. walk.a tough road to i'm willing to look at it and see if we can come to a resolution. >> good afternoon, sir. >> good afternoon. >> and a senior lyrical science major. -- i am a senior political science major. here.you for coming out i'm a former intern for president obama. i'm also a national field onlyizer for one of the african-american super pacs in the country. that the republican party is a proponent of voting rights. i have been traveling along with men of my organization all over the country across dirty andes, -- 30 states african-americans to vote because the republican party had been using the state legislature and the government to prevent african-americans from voting becaus