>>> if you're about to buy an ipad two, you should wait. the ipad three should be coming out soon. it was almost a year ago when steve jobs took the stage on march 2nd, 2011, to show off the ipad two. we expect apple to follow the time line of the first two models and unveil the ipad three in the first week of march. here's the new features i think we can expect in the new ipad. tell be thinner, lighter, and faster. if it has apple's next generation chip built in, that would make it about twice as fast. know improved camera on -- an improved camera. a retina display like in the iphone four. i think apple will add the voice assistant feature. and nfc technology will most likely be added for making mobile payments. the next two things i'm not so sure about, are the rumor is buzzing about them. 3 d. and the second rumor is there might be a cheaper, smaller model introduced to compete with amazon's kindle fire tablet. it has chipped away a little bit at the ipad market share. maybe apple will release a cheaper, smaller ipad. >>> a live look outside. another impulse heading toward the b

now, proview is seeking an injunction to have sales of the ipad banned in china under the ipad name.ell, today's court action is just one part of a pretty complicateded legal battle brewing in china over the ipad trademark. to help us understand this better and to break it down, eunice eun joins me live from beijing. eunice, what exactly are both sides arguing? >> reporter: well, pauline, both of them say that the ipad name in china is theirs. apple says it bought the worldwide rights to the name from proview in taiwan a couple of years ago. proview says, yes, that's right, they bought the rights. however, those particular rights didn't cover china. so proview is on a campaign to try to stop the sale of ipads across the country in various areas like shanghai, and they're trying to get china to put a ban of exports on the ipad from this country. pauline? >> so proview is trying to stop sales of the ipad within certain cities. is this actually affecting ipad sales in china at the moment? >> reporter: well, on a very, very limited basis. the company proview was able to win a lawsuit in

get ready for another round of ipad mania. ipad expected to unveil the next generation in san francisco next week. word on the streets, the new ipad will have a quad core processor. wall street certainly welcomed the news. the stock at another all-time high tonight, closing up 1 #.8% at $135.41 a share. only one more day of trading left in the month. the dow and s&p 500 on track for the best february since 1998. averages all gained better than 20% since the october lows. so can this really continue? are we due for a correction? what's behind this munlt? mark harris is from rbc capital markets. and still with me is aaron. nice to have you on the program. >> thank you. >> mark, what's behind this euphoria in the stock market? is it market? >> i'll be honest, i think to some degree it is. there's a little bit of a fallacy of the idea that somehow this 1.8%, #.9 #% is the consensus view for this year is not enough. look back on the history, 2% gdp growth, 8% returns. maybe, again, we're going to be up, we're going to be down. there's not a lot of tail risk out there. this is not completely

and 40 million ipads. and the only reason they didn't sell more is that they can't make them fast enough. but that relentless demand has raised uncomfortable questions about how these precious objects are made, and how the people who make them are treated. a few weeks ago, the company invited ma ed me to witness the third-party audit, of foxconn. for the record, apple and our parent company, disney, have strong ties. but i only agreed to report exactly what i saw. on this, the first look inside the i-factory. we arrive at dawn. is this the entrance? no idea what to expect. but eager for a glimpse of the mysterious place that builds the stuff that fills our lives. we're met by a top foxconn executive, who refuses to confirm that inside all these buildings, they're working on top-secret projects for intel, nintendo, dell and many others. there we go. but apple has allowed him to show me how they build the world's most popular objects of desire. ♪ beat the tide >> reporter: the one that turned a garage start-

the ipad 3 has to be significantly different than the ipad 2.hed a and-new product since steve jobs died. this is a critical time for the company because other companies aren't catching up. iphone sets the stage and now android is the number one in the world. the tablet space is exploding. so if apple sits still, it's in trouble. but apple has made in the last decade. unless the iphone 5, ipad 3 is flops, i still think the trajectory for apple is are yo upon the 4g lte is that the deal you were expecting? >> just basically a larger screen and faster processor and a better camera and the new interface. just for perspective, if you look at the ipod, revenues peaked in '08 at about 9 billion. now down to about 6 billion over the same time span. the ipad revenue has increased from nothing to almost 30 billion. and so i think the product innovation continues to dominate that segment. again a different perspective. about 15 million ipads in the march quarter. together worth 5 million max can represent almost one in five computer units sold in a worldw

plus, eye on the ipad. glen hutchins talks tech, including his view on the impact apple's latest device will have on the sector. and negotiating summer travel. priceline's ceo talks earnings, and how he's going to keep his company's performance up in challenging economic times. live from post nine on the floor of the new york stock exchange, this is the final and most important hour of the trading day. >> i still get jitters, and chills, the fact that we're sitting on the floor of the historic new york stock exchange. welcome to the "closing bell," i'm bill griffeth. >> i'm maria bartiromo. >> what are you watching today? >> i'm watching the ltr. i'm waiting to hear what the details will be of the european central bank's new lending facility. we'll probably find out the details at 5:00 a.m. tomorrow. that's obviously one of the big components of this market. if it's more than $500 billion, people are going to say, wow, the panks are really in tough shape. they need the money. another way to look at it is yo

it is widely anticipated that they will be unveiling the new version of the ipad. the ipad 3.e specifics but the new version will feature an improved screen, a better camera and a longer lasting battery with 4g connectivity. the president is set for the morning of march 7th. >> the snow survey was described as dismal. even a march miracle of winter storms would not bring the snowpack near average. >>jaqueline: a strong storm tonight, last year's snow pack will not help. take a look at storm tracker 4 radar. a little bit of light rain over the delta. it will get a lot heavier into the overnight hours. moderate rain through the north bay. it will spread south and be pretty widespread. into the 2:00 hour over the east bay and along the coastline, and to the south bay, lingering showers into the morning and early afternoon. did not put the umbrella away just yet. as for the snow, 2-4 ft. in the higher elevations. 6-12 in. of snow at the not lower elevations. two-4 in. into thursday. a look your extended forecast the system is rolling through, after that, dry conditions for the wee

for the ipad 3? >> it's coming up soon. so now is kind of the time when a lot of folks are going to say no, i'm going to wait. >> right. >> you don't want to be buying an ipad 2 right now and end one a 3 out in a few weeks. >> so last year. >> the last one was march 2011 so it will be a year coming up in early march. there are three wednesdays, a lot of, say they do ipads on wednesdays so 7th, 14th and 21st would be our odds on bet if you want to get that particular. but what's in the ipad 3 is the key. there are rumor of a new smaller ipad. i don't buy that for the 3. i don't think the 8" will happen now. instead hi-def display is critical. it has kind of a mid resolution right now. it's good but doesn't have as much resolution as it should but an ipad is not wide screen. it's square. so it's never optimized for movies. the ratio will stay the same but the resolution within it with the 16:9 will be better but still not a wide screen device. look for -- not 16:9. look for the 4-g network. that will b

a life of three or four years on that ipad. so breaking it down over time, you're going to be able to be creative about the issues. we have more on the website, and including how he thinks america needs to get what he calls economic swagger back. >> susie: paltry interest rates have made dividend paying stocks one of the hottest investing ideas of the past year. tonight's commentator says the president's budget plan, which raises taxes on those dividends, is in need of reform. here's todd buchholz, author of "rush: why you need and love the rat race." >> does president obama have a grudge against stocks and dividends? in his last financial disclosure, he unveiled financial assets worth somewhere between $2.8 million and $11.8 million. what did he do with his money? he invested only 10% in stocks. meanwhile, he's keeping up to half a million dollars in a bank checking account. that's a lot of cash. don't we taxpayers pay for his dinners at the white house? is he buying new tires for air force one? did his bank give him a new toa

the ipad 3 coming out soon.hank you, sharon, from cnet with the details on pinterest and ipad 3. >>> we'll be right back. ,, switching to progressive could mean hundreds more in your wallet year after year. feed me! saving you money -- now, that's progressive. call or click today. following a shooting at a high school in ohio. the 17-year-old victim was dec brai >>> a second student has died following a shooting at that high school in ohio yesterday. a 17-year-old victim was declared brain-dead this morning. >>> hundreds of people meanwhile held a candlelight vigil. police say a teenager shot five students inside a cafeteria yesterday. the suspect was arrested nearby. >>> the red cross is working to find new places for several fire victims to live. lisa washington is in mountain view where the fire department is still trying to figure out what started this huge fire at an apartment complex. lisa. >> reporter: the firefighters will be working to determine the cause of the fire and the amount of damages. we are at

it could be called the ipad 2s for that matter. >> for the ipad hd or something like that. they tend not to want to just go straight up the numbers. they tend to throw you a curve in there somewhere. i wouldn't be surprised if it's not called the ipad three. >> let us know. jon fortt for us in silicon valley. let's just get to -- let's -- >> want to get it out of the way? >> the elephant in the room. >> the islanders and the capitals tonight? >> play on the hockey analogy you did take a slap shot where it hurts in trying to short apple. >> i did. listen you know, in the last week and part of what we do here is you feel, i feel awfully i'm a big boy, i can tab the financial loss and feel bad for folks out there that kind of follow along. hewlett-packard, that was a lousy trade, shorted apple, shorted google. the trade right now, and i'm still short google, the trade on apple i go back to what i said initially last week and that was for the very first time, i felt, if you were bearish you had a well defined point of reference. you could calculate your risk, and it is defined

reports say that the ipad 3 will be similar to the ipad 2 but run faster and have better graphics. go figure. of course i just got an ipad 2 so makes sense that something better is coming out. >> isn't that how it always works. thank you very much. >> want to check the forecast with meteorologist christina loren. see how we're looking for this friday. >> you know, we have a few showers coming down over the north bay. the extreme north bay. really right at the coast, marin county. overall we're looking mostly dry south of the golden gate bridge. if you live north of the golden gate bridge keep that umbrella handy. later on this afternoon we'll see those skies clear, but we've got a little disturbance passing through the bay area. it will fall apart before it makes its way into the south bay. that's why we'll be the warmest. good morning in livermore. 46 in sunnyvale. a mild 53 degrees start in the city by the bay. high pressure still in control, but this little weak disturbance will pass through the bay area as we head through the morning. as it does so we'll see a little drizzle, m

our ipad app can help refine your strategy or even find a new one. i'm velia carboni, and i helped create fidelity's next generation ipad app. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades and explore your next investing idea. until the end of the quarter to think about your money... ♪ that right now, you want to know where you are, and where you'd like to be. we know you'd like to see the same information your advisor does so you can get a deeper understanding of what's going on with your portfolio. we know all this because we asked you, and what we heard helped us create pnc wealth insight, a smarter way to work with your pnc advisor, so you can make better decisions and live achievement. >>> welcome back to the "fast money halftime report." shares of akamai are surging after reporting earnings last night. up almost 11%. let's bring in our analyst that covers hot technology companies. groupon in the news as is yahoo. great to have you on a busy day in tech. give me your first reaction to akamai. >> not

in new ipad 3 is expected to be revealed.rter: we will not have specific details about this third version of the ipad if in heat that is what apple there is not a lack of rumors about what consumers might be getting. with this new ipad me featured an improved screen there is speculation that it could have a faster processor, who camera, and memory. and many people are believing that this will be the first apple product and that used before june wireless network. and then there is a price. but the ipad 2 starts at $499 on the web site. retailers have began to offer a discount like best buy, they sell the basic version will for $449 a unit would be is a calculation the company will continue to offer the ipad 2 at a reduced prices. when the iphone 4s was reduced last fall apple slice the price of on the basic rock. the ipad 3 is an urgent report. to be announced on march 7th. and a >>james: we want to take a quick break take a look outside as ego is went out there, we will have more on your forecast in a moment. >>justine: % rob

since the original ipad debut back in 2009, apple has sold more than 55 million ipad. charles clifford has more on what we might see in this latest version. >>charles: as all things apple we will not have specific details about this third version of the ipad until the company unveiled next week. there is no lack of remorse about what consumers might be getting. most believe the new-line path will feature an improved screen similar to read a display of the iphone 4. there's also speculation of a faster processor, improved camera, more memory or a longer lasting battery. many people are also hoping that the ipad 3 will be the first apple products use the 4g wireless network. then, there is the price. the current version starts at 4 under $99 on the apple web site. some retailers have already begun offering a discount on the high fat. best buy is selling the basic version for four to $49. there is speculation that the company will continue to offer the ipad 2, but possibly at a reduced price. with the iphone 4s was released last fall apple slashed the price on the basic v

. >>> we have news that may have people running to get an ipad 2 now.but others may want to wait. aqaa >>> breaking news roosevelt middle school in oakland on lockdown as police search for a gunman in the area. shots were fired around east 21st street and 16th avenue not sure who was the target, not sure if anyone was injured, roosevelt middle school in oakland on lockdown. >>> meantime, a team of marine biologist trying to capture a distressed sea lion. lincoln shaw shared this picture. a cord is stuck around its neck. somebody noticed the sea lion in trouble wednesday. a team went outkíxesterday. biologists say they plan to come up with another plan they say right now the animal is not in immediate danger. >>> skies still look clear. mike nicco has changes for sure. >>> winter coming in this weekend felt different even with the sun, brisk in the air that going to continue this week and bring a couple of chances of rain and mountain snow. i-80 at truckee where chain requirements are out right now snow pack interstate there. down to 50 at meyers also th

. >>> we have news that may have people running to get an ipad 2 now.t others may want to wait. >>> breaking news roosevelt middle school in oakland on lockdown as police search for a gunman in the area. shots were fired around east 21st street and 16th avenue not sure who was the target, not sure if anyone was injured, roosevelt middle school in oakland on lockdown. >>> meantime, a team of marine biologist trying to capture a distressed sea lion. lincoln shaw shared this picture. a cord is stuck around its neck. somebody noticed the sea lion in trouble wednesday. a team went outkíxesterday. biologists say they plan to come up with another plan they say right now the animal is not in immediate danger. >>> skies still look clear. mike nicco has changes for sure. >>> winter coming in this weekend felt different even with the sun, brisk in the air that going to continue this week and bring a couple of chances of rain and mountain snow. i-80 at truckee where chain requirements are out right now snow pack interstate there. down to 50 at meyers also they say

the ipad 3. clue that apple could be just days away from making a huge announcement that a lot of people are excited about. >> tucker, are you excited about weather? >> yes, because i can't wait to see the new fox 5 weather app. julie wright will have say look at your on-time traffic coming up in just a minute. a m! ♪ [ female announcer ] if whole grain isn't the first ingredient in your breakfast cereal, what is? now, in every box of general mills big g cereal, there's more whole grain than any other ingredient. that's why it's listed first on the side. from honey nut cheerios to cinnamon toast crunch to lucky charms, get more whole grain than any other ingredient... without question. just look for the white check. okay, so who ordered the cereal that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol. i got that wrong didn't i? [ male announcer ] want great taste? honey nut cheerios. want who

product of this ipad, the newest tan bracel tablet is going to do, since the death of steve jobs? >> huge thing for apple, death of steve jobs. right after that they came out with the iphone and it did well and mac books and mac book airs is doing well, too. they've got a good eco system of products. every march they've got to have a new ipad now. >> dan this would have been something in the pipe like that steve jobs most likely would have had a purview over, the features. >> understanding is there was a multi-year plan that steve jobs worked on so the next several generation of products are going to be things the had his fingers on. >> everybody get excited. it's coming your way. dan, great to see you. thanks so much. >>> all right, so, next up, the real reason mitt romney is having trouble hanging on to his front-runner status. >>> plus, how the record rise in interracial marriage is literally changing the american landscape as well as the economy. what do you get when you combine the home depot with this weekend? the cure for cabin fever. because with get-it-done savings on eve

well, order with the ipad at your table. buffalo wild wings is testing out the tablet in minneapolis. customers can order food and drinks and while they're waiting jump on to facebook or twitter. buffalo he wild wings hasn't decided whether to let customers pay with the ipad, although the device is equipped with a card reader. the chain may also want to include extra wet naps on the table as the ipads don't include protective screens and the waiters have to wipe them down after every use. that's it. back to you. >> all right, jackie, like to keep things clean. appreciate it. >> i'll use my own ipad, thank you very much. >>> we've gotten rain this week, but we need a lot more to catch up for the past year. this is what it looked like at donor summit. normally this time of year, it's the driest ever recorded there. right now there's only a foot of snow on the ground. way below the average of 69 inches of snow pack from the years past. as far the total snowfall this year, donor summit has only seen 89 inches. the average for th

. >>> ipad fight. a chinese company says it was using the name ipad long before apple. it's one of those he said, she said. he sues, she sues stories. now they're suing apple for $1.6 billion for trademark infringement. if apple ever had to change the name of the ipad, what should it be changed to? that is the twitter question of the day. tell us. cnbcsquawkst what you think the name should be if they had to change it. >> what's so interesting, ipad hasn't been along for that long. i can't even imagine what it would possibly be called other than ipad. >> i can't imagine living without one. >> that important to you, huh? >> yes. yes. that and my siri. which is also the iphone 4s. siri wakes me up every morning. >> how does she wake you up? >> you are having a love affair with siri. >> is she rough or is she gentle? does she say, jim, it's time to wake up, or does she say get up out of bed. >> let me just say she has no morning breath. >> okay. >> all right. on that note, coming up next, the run for your money. get ready for cramer's mad dash. as we head to break, take a

there are a few affected customers who say they never used ipad. and check your bill. >> bmw must pay $3 kblinl in civil penalties for failing to report safety defects and recalls in accordance can law. auto makers reported within five days. a national transportation safety board review found by design gave too little information in its initial findings. >> one more yimt, palo alto based tesha took the wraps off its first sports you tilt vehicle. this is handout video that was provided to us. let's check that out. they open upward and outward. and the they take less room than traditional one autos this just reminds of you a delorean. >> yes. >> there is a little bit of sun and rain. >> taking a look at showers to start expend the weekend. so we'll call it book ends. there is a live picture of clouds out there. there are peeks of sun. there is another live picture, lovely clouds looking across the bay. toshdz san francisco there is light showers and drizzle. and the cloud cover and weak system coming through it's been cooler in areas santa rosa 72 y

the ipad 3 is on the way. shawn. >> up first, a little good news if your in the market for an ipad. stores are preparing to drop the price of the ipad 2, fueling rumors that apple could unveil the ipad 3 next wednesday. the invite includes an image of an ipad screen. >>> number four, a new study finds adults who take prescription sleeping pills in small numbers are nearly four times more likely to die earlier than people who don't take sleeping pills at all. they are also more likely to be diagnosed with cancer. the experts aren't sure what the link may be. >> more birth control pills are being recalled. the pills are being recalled by india. they are packaged in the wrong order. the pills were distributed by september and december. they apply to any package missing a lot number and expiration date. >>> the cameras are safe. that's according to a new report. passengers would have to be screened 17,000 times a year to reach the annual radiation dose limits, but a gop senator wants more testing, especially on th

to find the best ones foo the ipad.tablet's touch screen." &p(v/o)but they have real buttons you press down on to help you hit the right key. (sot: paul reynolds)"we found most of these eyboards have pros and cons."(v/o)this menotek keyboard is lightweight and can even be rolled up. but its small, soft keys are hard to use, and it's and beekin keyboards we tested have convenient home and lock screen. and ttey have shortcuts to do tasks like running a slideshow."(v/o) the rocketfish keeboard also serves as a ase and a stand. but at more than two ounds, it's pretty heavy. and the belkin caae is so snug, it's hard to get even the thinner ipad 2 in and out of it.a better option is thh zaggfolio keyboard for 100 dollars. (sot: paul reynolds)"it's not quite as snug a fit, anddit has a versatile keyboard and handy ipad-specific butttns and shortcuts." (v/o)but f you really want full-size keys, try apple's wireless keyboaad. at 70 dollars, it costs less than the others tested, but you'll need tt pay extraafor a stand and case.

ipad with the kids may be a hazard. >> but have multiple kids or ipads that are shared in a public places definitely a vehicle for exchanging germs. >>> as for our volunteers, their phones came up clean to some surprise. >> personal device gets in some pretty nasty places too. >> reporter: the idea of date night and a movie may be stomach turning after one movie rental key affect tested positive. that machine is inside. but in a man is outside, the weather make a difference. >> bacteria can't survive in temperatures that are below freezing. >> reporter: at the gas pump, those germs are thriving. remember the test with the sheep's blood that would show possible pathogens? we found them at the gas pump. >> two of the samples had items that might be path generallic. >> the gas station, the dirtiest of all of them? >> i guess as a group they were dirtier than the other ones. >> reporter: jennifer summerville told us she just got over appear illness. >> probably because my phone is dirty. >> maybe not but knowing so 1999 many of these things can be germ fact -- so many of these things can be

. >> apple computers about to look and act a lot more like iphones and ipads. emily chang will join us with the story. >> later at 4:30 a local college forced to shut down. now, students wondering what happens to the thousands of dollars they paid in tuition. >> and taking a look at traffic now. this is the san francisco skyway. you can see a lot of cars are out there, especially those folks trying to head east over the bay bridge. stay with us. the news at 4:00 continues right after this. >>> checking healthy living news a study leads to another health warning for parents with babies finding high levels of arsenic in baby formula. as well as cereal bars and energy shots pointing to one particular ingredient, organic brown rice syrup. >> baby formula is the main source of nutrition for many children. you want to make sure you read the labels if you're using organic baby formula look to see if the first ingredient is organic brown rice syrup. if it is, i would think about using a different formula. >> out of 17 formulas, two have high levels of arsenic. one show

you claim to want to give ipad more tools to consider quote value based benefit design changes. but you also prohibit ipad from changing costs for arrangement of beneficiaries, if you are saying that but ipad now will have the power to design, value based benefit design changes, what does that mean? >> at the end of the day, we put forward in the budget more than $360 billion of health care savings, what they are based on is what i've seen in the private sector and i know you've seen, and there's a doc in the room, there's tremendous variation in how medicine is delivered across the country and there's not a great correlation in how much it costs and how it is. we need to drive to that intersection of lower cost and more effective healthcare by decreasing variation in care. driving towards best practices. having the same type of productivity increases that other sectors have enjoyed in healthcare. productivity means you drive down cost and increase quality at the same time. we are driving toward more productive, efficient, and effective care for our seniors and we need to contin

the procedure of the ipad has been used improperly for samsung's own purposes. the court holds that is illegal. >> but the battle is not over yet. the two companies are still locked in legal disputes around the globe. the stakes are just too high to simply give in. following the launch of apple's ipad in 2010, annual sales of tablet computers almost tripled within a year. in 2011, global sales hit 64 million. the figures forecast to rise to 104 million in 2012 and well over 300 million in 2015. the tablets at apple are way ahead of the competition, but samsung has already launched a restyled models of its tablet on the german market. >> it has been confirmed a german steel giant is selling the majority of its stainless steel unit to a finnish competitor. staff a protest against the billion-year deal, which they feel will bring significant job cuts. the sales contract rule out layoffs for the next four years, but it will not stop the closure of a major plant next year. action, german blue chips finished the final trading day of the month with gains but retreated

the ipad 2 is popular among some officials. in the future, the tablet could be linked to the internet by a large mobile phone network. the number of possible users would likely be limited in north korea as the government might be afraid of the loss of social control. >>> germany's angela merkel is in china. she is trying to reassure the trading partner of the economic health. we have ai from the business team. merkel met with the leaders. how were the discussions? >> i can tell thank you wen jiabao chose his words carefully. he said the country may offer more assistance to europe to help resolve its debt problems. wen jiabao met angela merkel in beijing on thursday to discuss the financial crisis and other issues. at a joint news conference, wen said finding a solution is urgent and important. he said china supports efforts to stabilize the euro. however, he stopped short of making any explicit financial commitments. >>> in the u.s., the federal reserve chairman ben bernancke said that cutting the country's huge deficit is top

we got a lot of rumors going around about the ipad this morning.on that in a minute. >>> first, the market. fox business network is live in new york with this morning's business week. good morning. >> reporter: good morning. >> happy friday to you. you know, and it's a good friday because we are on a good run fueled by good news. >> reporter: yeah, the news is good. unfortunately, the stock reaction is pretty muted. yesterday we found out that the number of people filing for first-time unemployment benefits fell to the lowest level in nearly four years and greece seemed to have a deal, yet we didn't move much in the end. the dow up by about six points. we are down big time here in the premarket. we thought we had the debt deal in place. looks like we don't. the 17 finance ministers want more spending cuts from greece. and they want them to put it in writing that they are willing to go onboard with the demands. we're still talking about it. >> all right. and rumors, ipad 3 is coming out soon. and what are your thoughts on this? >> reporter: perhaps

that's a big number, 1.5 million ipad whatevers because we don't know what the title is. >> the ipad or the 4g because they've got 4g in it. they sold a lot of ipad oneses and i had 2s. >> high hopes with what features? what do we understand is going to be a part of this to make this more special? >> the most persistent is it's going to support 4g data network. it's faster than new phones. most of us have 3g. but everyone has the wi-fi version is it's not going to make a difference to us. >> what does it mean about affordabili affordability? >> they just add new features rather than lowering the cost because that's the apple model. keep the price same. make it difference. >> when we look at the overall model, the business model in terms of market value, apple has been basically a rocket lately. we can show everybody worth more than $500 billion. what do you think the new product of this ipad, the newest tan bracel tablet is going to do, since the death of steve jobs? >> huge thing for apple, death of steve jobs. right after that they came out with the iphone and it did well and mac b

. >> best buy has slashed the price of the ipad 2 because the ipad 3 is coming.hat is coming up in my tech report. wow, look at this bed! this nightstand! this wardrobe! what are you doing here? you're in ikea. my dream bedroom is in ikea? yes. what's that bedroom over there? that's your husband's dream bedroom. whatever your style, take home your dream bedroom together. ikea. the life improvement store. time out. sweet. [ female announcer ] with charmin ultra soft, you can get that cushiony feeling you love while still using less. charmin ultra soft is designed with extra cushions that are soft and more absorbent and you can use four times less versus the leading value brand. ♪ ah. [ female announcer ] we all go. why not enjoy the go with charmin ultra soft. >>kimberlee: will not airline increases ever stop? there are several factors airlines take into account. crude oil prices are trading well above $100 a barrel. fuel accounts for a big part of airline costs. carriers also weighed demands for seeds. there is a limit of when consumers pushed back and stop buyin

the company is expected to unveil the ipad 3 next week. the ipad is usually successful for apple.far more than 55 million devices have been sold since the debut in 2010. >> we also have something else new, something you have never seen before. a little-known candidates in virginia's race for the senate is the cat's meow in one neighborhood. >> he is not clawing at his competitors, but hank the cat is tried to climb his way up the polls. -- is trying to climb his way up the polls. >> you know, this is a very serious highly competitive big stakes race for the senate seat in virginia. it is a race that has become a lot more intriguing. bustling northern virginia will play a critical role in electing the next u.s. senator. but front runners tim kaine and george allen have to contend with opponent from springfield. hank is a cat. he has put his paws into the race. >> he is running as an independent. >> owner matthew oleary ran him as a ride in canada it as a joke. he garnered a nine votes convincing him that he should aspire to higher office. >> we definitely think he has a face for po

people are using things like the ipad. it is a case of trying to persuade them to use a standard computer. whether she has achieved that, we will know later in the day. >> now, we take you to australia because the governing labor party is in turmoil after the resignation of kevin rudd. he was previously the prime minister. there is speculation he is planning to challenge the current leader, julia gillard. kevin rudd outlined the reasons for him stepping down. >> the truth is i can only serve as foreign minister if i have the confidence of the prime minister and her senior ministers. in recent days, a number of men have publicly attacked my integrity and therefore my fitness to serve as the minister in the government. when challenged today on these attacks, the prime minister chose not to repudiate them. i can only reluctantly concluded that she therefore shares these views. >> kevin rudd talking about his job. another job has been on the line. not yours. >> absolutely. your children are fans of chelsea. should he stay or g

i just got the ipad 2, as well. >> all right. thank you very much. take care. >> thank you. >> maybe we can get historic license plates for it. >> my gosh. all right. see you soon. >>> breaking news now. we've just learned that a possible tornado has killed at least one person and injured 13 others in a mobile home park near branson, missouri. emergency crews are trying to get to people who are trapped in their homes. several other tornadoes were reported overnight in parts of southwestern missouri and kansas. the governor of kansas already declared a state of emergency for his state. now up this is just part of a huge storm system moving across the country right now. >>> and what's going to happen to us? >> well, that same storm system weakening thankfully as it heads east. it is bringing clouds to the region. step away from your toaster, look at your tv. here's a live view of our sunrise. that's about the last we're going to see of the sun. the clouds are quickly covering the eastern horizon now. and we have temperatures under thooz clouds chilly,

meet the people making your iphones and ipads. we take you inside apple's secret factory in china. >>> and heart alert. women do not react to symptoms of a heart attack. see them tonight in a whole, new way. >> are you okay? >> i'm fine. >>> good evening to you. can you feel a little extra cash in your pocket tonight? because the stock market soared, hitting a number the u.s. economy has not seen for four, long years. which means, tonight, millions of americans have more savings, a stronger 401(k). but look again at the rough ride of the last four years. it was 2008, when the market last reached 13,000. then, ten months later, collapsed 50%. after that, here it is, our rocky climb back to the day when we broke through 13,000 again. so, will this rally last? abc's bianna golodryga has been studying what happened today and why. >> reporter: this is the moment the dow broke through the 13,000 mark. relief, and not just on wall street. to see the real impact of the market's rebound, we decided to check in with paul rollin, down in ash

pro view technology is asking courts around the country to ban all sales of the ipad. a court ruled in its favor just a week ago. >>> japanese department stores are entering emerging asian economies. that's because they struggle with weak sales in their home market. takashimaya will be the first to open a store in vietnam. the department store plans to open its outlet in 2015. it will be located in a large commercial and office complex to be built in ho chi minh city. it will offer western luxury brands as well as clothes and food made by japanese companies. takashimaya is expecting personal spending to grow in vietnam due to a rise in its affluent population. another japanese department store is also considering setting up in the vietnamese market. >>> south korean and singaporean markets are also open this hour. let's take a look at those levels. >> that's the latest in business. back to catherine. >> thanks very much, ai. >>> next we continue our series of special reports from vietnam. patchari raksawong is in the capital of hanoi. >> this week we're reporting on th

to many people talking about that upcoming apple ipad 3.e invitation for the event features a picture of an ipads screen. sources tell us the newest will have a high-definition display and faster processor and work with faster wireless networks. american airlines is launching nonstop flights between reagan national and los angeles international starting june 14. the new service complements american's three existing daily flights between l.a.x. and dulles airport. while on vacation, intercontinental is developing a new line of help the hotel staff under new brand called even. they will have hypoallergenic sheets and places for working out and healthy food options. instead of a luggage rack you can find a weight bench at the foot of the bed or a coatrack that doubles as a plot bar. great for people that want to exercise. -- a pull-up bar. >> i don't think vacation and exercise go together. >> i agree. >> nice that people have the option. it's 5:49. we were on the money with some of our guess is forecast of season 14 of dancing. the official l