the new apple ipad is here, and its called, simply, the new ipad. it's faster and flashier, and, tom, there will certainly be long lines to buy it. >> tom: susie, it goes on sale next friday, march 16, but apple is accepting order already. now, the entry level price is sa as the current versions, $499. the unveiling of the hotly- anticipated ipad took place in san francisco today. the new tablet is decked out with a sharper screen, a faster processor-- twice the speed of the ipad 2-- and has an improved camera that can record h.d. video. the updated version will be the first ipad to use the 4g wireless technology. >> susie: so what does this new souped-up device mean for rival tablet makers like amazon and blackberry maker research in motion? erika miller reports. >> reporter: it seems hard to believe that the ipad is only two years old, and it currently dominates the market. but don't count out the competition just yet. analyst david garrity says the ipad's biggest threat is amazon's kindle fire, which costs less than $200. >> amazon, in terms of d

there was going to be the new ipad, the ipad, ipad 3, whatever you want to call it. a great example of buy the rumor and sell the news. we bought into this rumor. the weekly options they have been so active over the last month or so coming into this event. and then suddenly you see them go from a 40% or higher implied volatility to a 26%. that was the sell of the news. stock pulled back dramatically off of the highs. then it bounced off again. here we are at the level. a nice productive day for apple overall. >> it tells people they didn't think there would be a huge pop. >> the company it themselves. they're calling it resolutionary. when steve jobs introduced the ipad one, he called it magical and revolutionary. we have a blogger coming on. it seems it's evolutionary. and at some point with the stock up here, investors have to wonder when they start leapfrogging from a technology standpoint. >> they're going to call it the new ipad. they're not calling it the ipad 3. it means we're probably not having the ipad 4, et cetera. maybe no more hardware changes. this is a

ipad. we'll take you live to san francisco for a comparison of the new versus the old. >> we give you a live look outside at oakland, that is highway 880, slowing past the coliseum. starting to fill up a little. rain is on the way but the good news, it's friday, march 16, "today in the bay." >> good morning to you. thanks for joining us. 6:00 now. i'm laura garcia-cannon. >> good morning. i'm jon kelley. time to check in with meteorologist christina loren to find out about all of the rain on the way. >> two more storm systems, the next one pushing in. good morning to you. let's show you the radar and what we're expecting the bulk of the moisture is on its way to santa rosa. we'll be tracking showers throughout this broadcast and the "today" show for you. make sure you're ready for potentially two additional inches of rain in the south bay, maybe 5 to 6 inches of rain in the north bay. potential for flooding, we've got thunderstorms in the forecast. lots to talk about. mike has a sigalert in

>> reporter: ipad 3, ipad hd speculation game is underway. there is a spokesperson out here from apple. he's just listening to what we're talking about in true apple fashion he's not commenting. the only statement from apple is that big splash of color you see behind me. we have new video to show. this was leaked out of china. there is speculation this is the new ipad 3. it shows a thicker ipad with rounded edges. tech experts are predicting that this new one will have hd. it could be called the ipad hd. it will come with siri. and it will have a sharper screen. if you currently have an ipad, it is expected to have a good resale value. consider that if you are going to get a new one. we did speak with people who have other plans. >> i would probably give it to my wife [ unintelligible ] >> to retain value of over 70% for an electronic item is absolutely unbelievable. >> reporter: we don't know yet how much the new one will cost. if history is any guide it will likely go on sale next week. another thing is whether apple will unveil a new tv se

new ipad. and it is amazing. >> reporter: the wait is over. apple's ceo tim cook unveiled the latest version of the ipad inside a packed auditorium. >> i'm excited. i'm ready to put that $500 on there right now. >> reporter: the third version will still be selling at the same price of $499. and this time, you will be getting more bang for your buck. >> i heard about some changes and i'm kind of excited so maybe we'll get another one. >> reporter: it includes better resolution and 4-g high speed network so it's faster. this guy who is an app developer loves hearing that. >> with the new ipad coming out, it will be a higher resolution screen that we can add more vehicle pictures to. >> reporter: this guy wants a longer battery life. but that's not happening this year. >> always take long trips across the pacific ocean from malaysia to the u.s. so it's going to last six, seven hours, that's it. so i can only watch about two movies on the plane. >> reporter: ipad has a new feature, voice dictation.

we thought it might be called the ipad 3 or ipad hd. it's being called the ipad. it's available to be ordered now. you can have it by next week. c.e.o. tim cook spent part of the morning in san francisco inculling the android market and all the other tablets out there. then he said this. >> everyone's been wondering who will come out with a product that's more amazing than the ipad 2 with its big beautiful 9.6-inch screen, super fast a5 chip, all day battery life and elegant design. everybody has been wondering this. well, stop wondering. we are. [applause] >> today we're announcing the new ipad. >> reporter: so what does the new ipad actually do? obviously there has been lots of rumors. it has a retina display like on the iphone 4 where if you hold it 15 inches or less away from your eye, your eye cannot discern individual pixels. this has higher screen resolution than an x box 360 and comes with quad graphics. it's going to process faster and download faster according to apple. you won't have a lot of that buffering that makes users so craze each it will have vo

should you buy a new ipad or the ipad two. >>> will temperatures cool off? >>> we want to start with a baltimore family who say they have suffered enough. now they say and so has been added to injury. simmons, just 17 years old, was killed back in 2007. he was found responsible for a robbery. tonight, no one is facing criminal charges in connection with his death. christian shaper has been following the story. >> his mother says justice has not been served in this case. the medical examiner ruled his death a homicide back in 2007 but the counselors to restrain him or not charged with murder. just reckless endangerment for not calling 911 fast enough. now, even those charges have been dropped. >> no criminal charges in carroll county. >> they were charged in connection with restraining 17-year-old isaiah simmons for more than three hours until he stopped breathing back in january of 2007. then investigators say they waited more than 40 minutes to call 911. >> it is not fair. >> state's attorney jerry barnes says there are several problems with the case. the d

the ipad is now called the ipad. it is called the new ipad.lso want to mention that the ipad 2 will be sticking around. that 16-gigabyte wi-fi only the price dropped by $100 to now $399 from $499. again, two latest headlines to repeat. the latest product, the new ipad. back to you. >> courtney, personally i prefer my apple i-thingmajig. >> that is ilame. really. >> because you didn't come up with it first. anyway, time now for your retirement equation and also some headlines that could impact your plan. more wives are bringing home more bacon. the latest data from the bureau of labor statistics shows that nearly 38% of women earn more than their husbands. that is up 3% in just one year. a new report by aarp finds that precipitation drug costs for people 50 and over meantime rose a staggering 25% between 2005 and 2009. the study also shows that drugs -- drugs costs for chronic illnesses have nearly doubled since '05. and talk about padding your nest egg, an 81-year-old rhode island woman hits the power ball. louise white was handed a check for

for the 16-gig new ipad it will be $499. that's what the current ipad 2 costs for 16-gig. the 32-gig is $599 without the 4g. the cheapest you're going to be able to get this new ipad with the 4g is $629. that's the starting price for the 16-gig. battery life, you will get ten hours of battery life. if you're running lg, nine hours of battery life. remember, this is with that enhanced color saturation, 44 times better than what we have currently on the ipad 2. it will be available on march 16th in the united states, canada, france, uk, germany, switzerland and japan. and in 25 more countries mostly in western europe we're hearing on march 23rd. those are the details we have right now. tyler, you know i'm going to bring you more. >> courtney, thank you. 1.4 pounds, my script is heavier than that. amazing. >> especially in this show. >> up next, markets are holding steady right now after yesterday's sell. in fact, they're coming back just a bit. s&p is still up about 7% for the year. so how are the final two hours of trading shaping up? we have a special wednesday edition of

it's your very first ipad experience. interesting is an angle of the story that's happening here in hong kong. over the weekend a young hong kong blogger, 21 chris chang, he posted a video of what he said were actual components of the ipad. he released this days before the official launch. the video had 2 million hits and counting. we invited him over to our bureau to ask him to show us the components and what it means to apple. >> if you take a look carefully you will find some difference with the ipad 2. there's a camera right here at the top and these are 3g model. and you see it's thicker and much tapered edges. the feel is compared to the ipad 2, it looks slightly different. >> that was chris chang of mic gadget. it seems like he did get his hands on the real deal. he said that it would be thicker. sure enough, it is 0.6 millimeters thicker. now how did a 21-year-old blogger get his hands on this? by cultivating and using his supplier sources in shenjen. what's really interesting is even though he uploaded the video

another one riding the coat tails. >> apparently in the ipad -- the new ipad, judge, the others thatn here before was rumored that sony, sne was going to be the cameras on this iphone and ipad. if it turns out to be ovti, that's big for the company. >> seema poses an interesting question in the report she just did for us. if apple does decline, if it suffers some kind of a pullback, do these all go right with it whether it's broadcom, qualcomm, ovti or any others, texas instruments for that matter? >> with a million ipads scheduled to go the very first day, judge, and based on the presales and all the rest sales going out three weeks, if there is a misstep, it's several weeks into the future. not right here. i think we still haven't heard about the apple dividend just yet. if there is a decline as i said before institutional buyers for apple. but a decline in apple would signal an overall equities selloff. >> but the dividend remains that lagging catalyst. >> it's the put. it's in essence your put underneath the market. >> ubs raises to $675 and cite as being the next possible cataly

, bring to the ipad users with this new device? >> well, i think it could bring a more visual game to it. i think at some point, 5 or ten years from now, maybe sooner, today's games are going to look like pacman did years ago. and pandora, obviously audio right now, they could add video to the platform and have sort of a concert, simulated concert whether you're adding video to the audio entertainment. it's a pretty broad opportunity. gaming would be one option. but just general entertainment, music, film, tv, you know, it's all going to look a lot better. >> so what's the big opportunity here then, billy? >> i think it's a big opportunity for some of the new companies coming -- starting up in mobile, and in social games. because it's time for them to evolve and to improve their revenue per customer. and i think that -- i'm here at the game developer's conference, they're working on a lot ofthat. to get people to spend more money. and things like the ipad would make -- would present a better flat form for that. i think with -- what

into plenty of jeers with cheers as the ipad was released this morning. in san francisco a group of apple users and activists from change.org rallied outside the apple store on stockton. the protesters say they're calling on the company to create a worker protection strategy for its chinese factories. >> saying apple time to take the next step, think different, think ethical and create a protection strategy for your workers so we know they're not going to be abused, injured in the workplace and not dying from overwork. >> apple is partnering with the fair labor association to audit labor at its factories in china. that report should be released within the next couple of weeks. the audit was ordered after reports allegedly workers were being overworked and mistreated at chinese factories that make apple products. >>> despite any controversy -- >> we are following breaking news right now. happening in the south bay, we are getting word of a very serious car crash. this is on highway 17 at laurel. mike inouye joins us in the newsroom with latest. this is a d

a survey of ordinary ipad owners shows half of the people out there who already have ipads are planning to buy the new one. >> are you thinking about trading up to an ipad 3? >> probably. >> i'm going to look. >> i'm probably going to keep using my current ipad. >> surprisingly enough f you owned a tablet previously you are much more likely to buy the ipad 3 nan if you didn't. -- than if you didn't own a tablet. >> reporter: apple sold 15 million ipads in the last quarter of 201011, more than double in the same quarter -- of 2011, more than double in the same quarter. competition is expected to heat up. apple is the clear leader it has 73% of the tablet market which explains why today's launch is widely anticipated. the announcement expected around 10:00 this morning we will be thoroughly covering it. stay with us online and on air, we'll have it for you. amy hollyfield, abc7 news. >>> 4:36 now. the california highway patrol issued wind advisories this morning on several bay area bridges that went into effect after midnight, bay bridge, dumbarton, benicia, richmond san rafael and antioc

we got here on tuesday. >> the third version of the ipad called the new ipad goes on sale today two yearsafter the first version of the tablet. apple says the new model has a sharper screen and an improved camera and faster processor, all good improvements for gadget b -- gurus. there's a countdown in australia for fans waiting. waiting is what this woman does best. she waited in line and then sold her spot for $900 for the ipad 2. she is waiting to double that this time. >> its one-of-a-kind. >> the latest ipad will go on sale at 8:00 this morning. $499. that's the starting price. at this georgetown apple store and there's a black person inside. we will have to wait and see what they reveal. a lot of people talking about the fact this is the first time one has been released since the passing of steve jobs. >> i'm sure that line will grow throughout the morning. if you don't want to wait in line, if you can win one for free through our facebook giveaway >> . you have until 4:00 p.m. to enter for your chance to win. go to wjla.com/facebook to sign up and we will announce the winner tonight

agrees the future is bright for ipad. and sundaram, who owns apple shares, believes there's room to grow. >> we're talking about opportunities that are huge in education, in health and perhaps the biggest of them all in enterprise. >> reporter: you have to wonder, after adding a better screen and 4g, what can apple do next to keep people lining up for ipads. that's not a problem now, but it could be two or three years from now. darren gersh, "nightly business report," washington. >> susie: there could be a tonic for a high price at the pump. replace gasoline with cheaper natural gas. chrysler and general motors are already moving in that direction. they plan to roll out pickups later this year that run on nat gas. as we report, an abundance of the cheap fuel is begining to transform to transportation industry. >> reporter: just west of downtown chicago, peoples gas is finishing work on a natural gas fueling station for its utility trucks. >> we'll be able to fill one there and also one up here on each side. >> reporter: p

thanks for bringing in the you ipad. it's not the ipad 3. it's just the ipad. >> the ipad.what they said unpredictable and not put a number on it. >> rick: all right. so show us what it's got. >> what it's got, the really big thing is this new screen which is four times the resolution of the previous ipad screen. it's basically like a big version of the screen on the iphone 4s, which is a very nice screen. it really is as far as resolution goes, we have not seen a screen this good on a tablet in our test, it was also the colors are really, really good. the pictures were a little bluish. this is really nice. the ipad 2 pictures were great. the screen was great. but this one is even better. >> arthel: we mentioned this is a hot item. those are some of the reports that are out there. maybe it's a little too hot as it compares to the ipad 2. it's get too long hot. >> we looked at that, because there were reports, we took it into our lab, we ran both the ipad 2 and the new one on a game which is something that really runs the devices hard. sophisticated action game. what we foun

lame name of ipad 3. where is the zen? ipad 3, ipads? ipad retina? so imagine take you are apple ceo tim cook. what's your excuse for not coming up with a better name than the new ipad so? we'll share your responses throughout the morning. a little buzz kill. >> i wanted to tell them to lighten up. he was critical of the way the crowd looked at apple? i mean, it was a down day. >> marketing response has been we wanted to be unpredictablunp surprise you. >> so new ipad is so surprising. >> if you remember two years ago, there were a lot of jokes about ipad, feminine hygiene, and that turned out to be the greatest product that they've ever had in terms- >> the 4s came out of nowhere. >> and when you take a look at a mac, it's not a mac 7 or whatever the generation is. it's just mac. so ipad. ity waanyway, we want to hear fm you. >> in set is such a kick. i just have to say it. i'm sensing the good assignment as we get to the bell again. it's been so exciting every day. we get here and you have a great company that's been on fire. and there is -- i've b

it could be called the ipad 3 or the ipad agency. resolution is what most industry analysts expect. also expected to be built with the remnant display technology that they use in the iphone 4s. it is expected to offer a 4g connection through verizon or at&t and they believe it will feature siri. >>erica: i asked viewers what they would like to see in the new ipad. we have gotten a lot of comments. take a look. >>erica: we want to know what will convince you to buy not had. if you would like to leave your own comments, visit our facebook fan page. >>justine: to islands in hawaii have been hit with days of relentless rain. the governor has declared a natural disaster. heavy rains and high winds continued to cover the island and oahu. the governor has declared a state of emergency. that could help free funds to help with the cleanup. we will continue to monitor the situation and keep you updated. >>mark: here is a live look from the san mateo bridge of its early wednesday morning. traffic is picking up a bit. here ai (car horn) paying w

it's over, the new ipad is called, the new ipad. we'll talk about what the new features are, how this changes the game for apple and its competitors. >> who's got game? we'll look at whether mobile app makers like zynga could be benefiters from the ipad. >> apple may not have a shiny new ipad, but if you have apple stock today you might be smiling. >>> the dow down 128 points here at the open. >> this is a booking on profits. >> the metals today are getting crushed. i'm relieved to see the pullback. frankly, we got overextended. >> we're getting more data on global growth. indicates a little slower than we thought. >> how about a correction. it's healthy. it's 200 points, 200%, a little bit less. so what. >>> welcome back. we're coming to you from the post of pandora, the symbol p is getting hammered right here in very heavy volume. >> we haven't seen this kind of volume since the ipo. >> you haven't seen this kind of volume since the ipo. 21.2 million shares. very heavy day. thank you so much, fabian. the stock wiping out about a q

the ipad has had terrific success. is it another advanced ipad 3 moving the needle much?> if you look at an 85% of the company's gross profits are generated from the iphone and ipad. clearly it's a key portion of apple's business. we expect about 60 million ipads to be shipped in calendar '12. it's important from our regard. >> jon, what did they ship last quarter? the ipad had a stunningly successful quarter, including the iphone. what do you see in terms of what they already shipped in terms of the last ipad? >> if you take a look at their growth, last quarter, the ipad -- the iphone -- the ipad itself grew 111%. that's a slower growth than the iphone, which is their biggest product. it's actually the iphone is boosting the ipad, boosting the mac. the question is, do we continue to see stronger and stronger growth from the ipad year after year, kind of fulfilling this vision that cook has put out there saying he expects the tablet market to be bigger than the pc market? >> do you think that is the case? and what kind of impact are these tablets having on the pc sector?

they are calling it the new ipad. throughout the morning we have had a number of people come out here, many saying they want to be one of the first to get their hands on the ipad. the third version goes on sale at 8:00 this morning. two years after the release of the first version of the tablet many people said they want to be able to get the latest and greatest. apple says the new model has a sharper screen and improved cameras. all good improvements. we talk to people who are waiting in line about what is the fascination for wanting to be one of the first. >> first in line, very excited. it is cold air out and we wanted to -- wanted it to be. >> this is supposed to be the best tablet on the market. i want to make sure i got it first. >> we have seen a lot of guys out here in line wanting to be one of the first. the apple employees pulled down a black veil that was over the front of the door, revealing the ipad. it will cost to about $500 or more depending on the model that you get. a lot of people talking about this

. >>> and the next ipad is only hours away from going on sale. we're in line with the die-hard apple fans who can't wait to get one. >>> when the rain did let up today, crews went to work trying to get everything ready for it. but even more wet weather is headed our way. this is video of san francisco's city crews clearing out storm drains to prevent potential flooding, and there may be a lot more work ahead for all of them. when does the next storm hit? >> we're already seeing light showers right now around the bay area. with this particular pattern, the showers can go under the radar, undetected, but we are detectiving showers up in the north -- detecting showers up in the north bay, santa rosa, petaluma. a wider picture of what's going on. we did see showery conditions out there today. that wave has passed through. but you can see the front edge of the next wave is making its way into the north bay as we just showed you right now. and more rain on the way, you can see it up to the north. this is bringing heavier cells to northern california, a

bigad shaban takes a look. >> apple calls it the new ipad.t's the third generation of t company's wildly popular tablet computer. >> everyone has been wondering who will come out with a product that's more amazing than the ipad 2. well, stop wondering. we are. >> this new version has a sharper, higher resolution screen, 3.1 million pixels worth. it weighs just under 1.5 pounds, comes in black and white and has a faster processor than the ipad 2. it has a more advanced five mega pixel camera and operates on the powerful 4g network. the price start at $499. unveiling the new product, ceo tim cook, stuck closely to the trademark style of apple founder steve jobs, who died last year. pacing the stage in a casual button-down. he talked about the tablet revolution. >> we think the ipad is the poster child of the post pc world. >> as with all apple announcements this one drew a giant crowd of media from around the world. apple created the tablet market, but the competition is scrambling to catch up, introducing 100 different tablets in the past year

but the new ipad isn't breaking a new technological barrier. >> the revolution was to create the ipad in the first place. this is just the next logical step for it to take. >> why do you have to have it the first day? >> i just have to. >> you have to. >> i just have to. >> like breathe. >> i never even questioned it. >> despite mixed reviews, if tokyo is any indication, the new ipad is poised to continue to grab more buzz for apple. kyung lah, cnn tokyo. >>> thursday's session was one for the record books on wall street as alison kosick tells us. both the dow and s&p helped to lead stocks hires. >> the dow extended the winning streak to seven straight sessions. at close the dow rose 58 points to 13,252, the seventh winning streak for the dow in more than a year the s&p closed up since 2008. first time claims for jobless benefit fell by 14,000. february wholesale prices were driven by energy cost by the jump in inflation was not as much as economists forecast. cisco slipped 1%, the giant agreed to buy nds group, a uk-based video software make near a deal valued at $5 billion. friday,

so makintheump from ipad 2 to the new ipad is a pretty expensive proposition. that said think he had will sell a ton of them, their tablet is so far outfront not just in terms of cost but in quality and the overall value that you get, then all their rivals. so i do think the ipad will be the clear winner for tablets for the next couple of years. >> susie: and the more that ale does retail and piles up more cash, investors are counting on a dividend from apple. when do you think c.e.o. tim cook will final leigh go for that? >> i think next quarter, probab about a month from now, when you get th next batch of rults tim cook is getting a lot of pressure. and the reality is they just can't invest that much money. they have $100 billion worth of cash. they don't want to make a slashy-- splashy acquisition and there is no reason to sit on it with interest rates this low. the smartest thing is to get some cash back to shareholders and they would be very happy. >> susie: good stuff, joe, any disclosures, do you own the stock. >> i do not. >> susie: okay, thanks so much

watch how the company has just become a phone and ipad company. the brown is the ipad. as we move across, we see the company in just 36 months is an entirely different company. going from selling computers to selling iphones and ipads. you push that idea forward and 36 months from now, that'll be, what, february 2015, apple may base its entire company on two entirely new products we've never heard of. that's the hope anyway. we hope apple can continue to innovate. today we didn't see innovation. we saw improvements and upgrades. but, nonetheless, pretty exciting stuff. >> we just heard tim cook himself say apple is going to invent that next big product. what do you think it's going to take to see the boost in apple shares. what sort of a product? the tv? >> that's the question. this is called the innovators dilemma. how do you get better than yourself? always the small ones. you try to protect your own market share, right? instead of paying attention to what's next. tv, possibly. you talk about the full television. i would also like to see tim cook getting involved in c

3 or the ipad hd.will have a much more improved display, a retina display, thus the hd could be tagged to that. apple's shares have pulled back the last couple of days taking the market cap below $500 billion. but shares have been absolutely soaring this year since the beginning of the year, up about 30%. and on the expected ipad news this morning, up about 1%. one company getting hit hard out of oakland is pandora after it missed earnings estimates as well as guidance for the 1st quarter said it would lose 18 to 21 cents a share but the company also said it is doing some good things. the ceo on an analyst call said that revenue quadrupled last year from the year before to $100 million but investors worried about the loss of money so their shares are down 23%. wall street trying to rebound after the bad day yesterday. dow lost 204 points. adp says a gain of 216,000 private payroll jobs last month. dow up by 20. nasdaq up 12. s&p up by 3. we'll get the february jobs report on friday. back to you. >> tha

of the new ipad, apple c.e.o. tim cook said sales of the tablet are so strong they are ending the era of the personal computer. >> we sold more ipads in the fourth quarter of last year than any p.c. manufacturer sold of their entire p.c. line worldwide. >> reporter: apple's launch of the ipad two years ago created a worldwide phenomenon. it's predicted that by 2016 more than 112 million american adults will own a tablet computer. a big attraction is how easy tablets are to use. at jones, a restaurant in san francisco, jordan langer says their ipad-based system requires virtually no training. >> it's literally like pressing a button. if someone orders mac and cheese, for example, there's a picture of macaroni and cheese you press that, it goes into the system, you press send and it goes to the kitchen. >> reporter: with so many apps, the small, easy-to-use programs that run on tablets, the devices can do almost everything. at the zoom room, a los angeles dog training center, ipads are used for check in, billing, ev

ipad 2.tion ipad in a way they weren't for the ipad 2. also, they opened early this time at 8:00 a.m. versus 5:00 p.m. last time. here's what they are in line for. the new ipad with the retina display. a picture of my oldest son there on the ipad. very high resolution. i talked to the first guy in line named chris. he had been here since wednesday night. he's getting the 4g with 16 gigs of ram. >> wednesday night? oh, my god. all right. thank you jon fortt. for more on the apple feeding frenzy that's the new ipad let's bring in senior analyst from morgan keegan. how much of a deal should be made of this. analysts come out, doing line surveys comparing the lines for the ipads this time versus the ipad 2. there are not as many people in line so perhaps it won't sell through as much as we anticipate. >> hey, david. i don't know how correlated that is with ultimate sales in a given quarter. especially as apple becomes more of a main stream product and less of just the apple zealots buying them. a

the ipads 2 sold some as wi-fi only. the ipad explosion, to join us with their take, kevin smith.d to see you guys. thank you so much for joining us. >> thanks for having me. >> thank you. >> you like verizon? >> i think verizon benefits initially more than at&t does. they have a larger lte network. given that the ipad is the first to work on lte, it gives them more of a marketing advantage. >> kevin, if it comes down to the expanse of the lte network, does the ipad 4 improve it faster? >> the at&t has raised cap backs for lt this year. we think they will build as aggressively as they can to try and catch up with verizon. so far verizon covers about two-thirds of the u.s., at&t about one-third. that gives verizon the advantage and we think they'll sell about 3 million to 4 million ipads this year. and at&t will sell about 2 milli million. >> if they're not getting their data plan with the carry yeersz, what do the careiers need to sell more data plans where the premiums are much higher? >> part of the challenge is that the device that is capable of using the data plan is more expe

maybe no ipad for you?> is there anything they couldn't market at this point if they put their mind to it? i think that's the question. >> the eco system is so powerful. i plug in everything into it. all of my systems talk to each other and my systems talk to my kids. it really is pretty seamless. >> comes on a day when samsung is widening their patent litigation against the company. the battle continues but it hasn't borne a lot of fruit for the likes of samsung. >> no, it hasn't. the one thing that i know that jobs was really perplexed by, battery life. touch screen battery life, i feel like i have to have my devices plugged in at all times if i'm really going to go game central because i just find myself without a battery at 9:30 at night. >> it's true. >> it's really tough. >>> when we come back, cramer's mad dash is next. take a look once more at futures. will we recover from yesterday's worst selloff for 2012? doesn't look like it so far. the dow's indicated to open up 46 points. stay tuned. ♪ >>> 4:3

for the more casual tech consumer, the question might be do i need the new ipad. for existing ipad users, this latest version has a better camera and high definition display. >> it's one of the best screens out there. also, it's a faster processor. when you combine the screen and the processor, that equates to better gaming. >> reporter: there's no big change in design, so an old ipad won't look too outdated. >> all around not a huge difference but they left in place a lot of what was working for them on the old ipad. for people hop aren't in the market or have the original ipad, they may want to step up. >> reporter: for those who don't currently own a tablet, price and size can make a difference. barnes & noble and the eye pad 2 will still be on sell for $399, $100 less than the new version. i'm karin caifa, abc2 news. >> during the announcement of the new eye -- ipad cook said we've entered a post pc world. technology research company gaertner found shipments are growing at a slower rate. users still prefer pc's for photo editing and music creation. >>> all rig

if ipad 3 unveil turns out to be ipad 2 with a three sticker on, i.e. no significant change, how big can the drop be for apple? wait until the ipad 4, 5, 6, 10? what? >> i think that drop could be big. and looking at the technicals, you could see apple drop back below 500, there's a huge gap at $447. and i wouldn't be surprised if there was some initial excitement spike up to $550, but this could turn out to be some disappointment and that would indicate it's a similar product with a new name. >> let's go to gene munson. he has a $670 price target in apple stock, knows about about the company as any apple employee. as an article in the "wall street journal" yesterday basically saying the stock falls after an announcement. are you expecting something huge from apple? or a little bit around the edges? >> well, i think john laid out the features pretty well here. one last-minute rumor that came out was they may come out with the screen that has some tactile touch to it. it's kind of this numbness that you get right now and you touch an ipad, there's no rea

and new information is coming out about the new ipad. i'm gabe slate. stay tuned for my tech report >>> walnut creek is becoming known as a premiere destination for high-end shopping. i'll show you what the inside of the new store look like inside. >>> later in this broadcast, how does alex smith feel about all this peyton manning talk? for the first time, he speaks publicly. and reginald kumar is in his face! [ male announcer ] the draw of the past is a powerful thing. but we couldn't simply repeat history. we had to create it. introducing the 2013 lexus gs, with leading-edge safety technology, like available blind spot monitor... [ tires screech ] ...night view... and heads-up display. [ engine revving ] the all-new 2013 lexus gs. there's no going back. >>> as recently as this morning, 2-gray whale, a mother and half, have been spotted swimming around in san francisco bay. jeff bush talked to people who are flocking to the water, hoping to get a peek. >> reporter: the weather was perfect for whale watching, and there was no shortage of people hoping t

coming up at 8:00, a rep from a local at&t store that is selling a new ipad will be here with a new ipad showing off all the new identify -- the new features. >>> more weather and traffic and all the top stories. >> fox 5 morning news starts right now. >>> good morning. it is friday, march 16th. we made it to friday. it is 4:30 outside. traffic moving along nicely. can't tell from the shot, but the fog seems to be part of the picture this morning. and it's much crisper outside. as you head to school, head to work, you will notice it. a big difference from the first of the week. >> either way, the temperatures will be nice. >> welcome to fox 5 morning news. talking about a little change from yesterday, right? >> yes, definitely a little change. >>> we are getting so spoiled. record-breaking weather yesterday. and today not doing too bad either. temperatures will be up there. the highs yesterday, 82 degrees at reagan international airport. breaking the record of 81 set back in 1990. and 84 at dulles, that's breaking the record also set back in 1990. so definitely you be believable, well ab