we're seeing numbers come in on the iphones. 37.4 million iphones sold.at. >> that looks like a beat. also we're watching for the ipads. liz: let me tell you. 19.5 million ipads sold. wait until you hear what they did just a year ago. 11.8 million. so a huge jump in ipad numbers. folks, at first blush numbers are way better than the market expected. what does that tell you? once again apple defies the odds when it comes to those numbers. david when we look at all these it looks like a real win. when it comes to the dividend, declaring $3.05 a dividend per share for common shares that will be a huge splash in the market. david: that is a huge splash. keep in mind we were expecting apple to post its first year-over-year earnings decline in 10 years. if these numbers hold, particularly the unit sales which are a big beat both on the iphones and on the ipads, we may not see that. if apple has done what historically it did which was to underplay its success and underplay expectations, then leading to big increase in shares, we may see a serious reversal. and a

>> it is an iphone case >>> it is rob from honey love.you haven't noticed yet it is swarm season. >> this is from the honey love youtube channel and they actually say you can in urban areas find honey bee swarms. rob mcfarland is capturing these bees so that he can harvest the honey. >> we need to get all of these bees into this box. if we can get the queen in there, all the rest of the worker bees that are flying around will follow her in there. >> he is using very basic tools. watch this. he has a box and a stick and no gloves. >> no gloves. >> yeah. >> there is bees all over me. i am not in any danger of being stung. they're not acting aggressively at all. that's to be expected with swarms. they're very docile. >> now he is using a plastic cup to basically kind of scoop the bees off of that branch. >> what they will do is startph. >> he says after you get them in the general right area you have to wait and they will find their way in and this becomes their new home. then they will start producing honey >> having bee keepers as neighbor

they hope the appeal of a new iphone will give customers incentive to switch from their current carrier. >>> bottom line making a lot of investors happy. a pair of big-time tech companies look like they're close to teaming up. for that and more, we turn things over to seema mody. seema, good morning. hello, seema, good morning. >> futures are higher right now at the dow close, yet another record high tuesday. off the highs of the session, back-to-back gains. that's close to watched by investors. dow closing 14,673 and nasdaq add i adding 15 to close at 3237. top stories we are watching, general motors will start running ads on facebook, testing mobile ads for the chevy sonic next week. gm caused quite a stir last may when it announced three days before facebook's ipo it was dropping paid ads because they have little impact on consumers. facebook generates more than 80% from revenue in advertising. yahoo! and apple want to deepen their relationship, discussing ideas to expand the amount of content including sports and finance data that comes preloaded on the iphone and ipad. yahoo! is lo

>> it is an iphone case [ male announcer ] so you used the wrong flea killer. then why is he the one in the doghouse? don't blame him. instead, rely on the number one choice of vets for their pets, frontline plus. the killing force of frontline plus uses two ingredients. one to kill adult fleas and ticks, plus another to kill flea eggs and larvae, destroying the future generations of fleas. and it keeps fighting for a full 30 days. ask your vet about frontline plus. accept nothing less. >>> it is rob from honey love. if you haven't noticed yet it is swarm season. >> this is from the honey love youtube channel and they actually say you can in urban areas find honey bee swarms. rob mcfarland is capturing these bees so that he can harvest the honey. >> we need to get all of these bees into this box. if we can get the queen in there, all the rest of the worker bees that are flying around will follow her in there. >> he is using very basic tools. watch this. he has a box and a sticknd no gloves. >> no gloves. >> yeah. >> there is bees all over me. i am not in any da

>> good morning, cracked iphone screen? this is an app for that.xactly an app but there are videos on how to fix a protecten screen and move on. "consumer reports" found the repair is far from simple. >> when some woman dropped her iphone the screen cracked, and driving her crazy but the cost to replace the phone made her more upset. to save money she use add repair service but could she have fixed her iphone for less? "consumer reports" tester wanted to know how easy or tough this repair can be. he ordered a replacement screen repair kit for $30 and then watched a 30-minute video and wanted to see how others would do. >> i recruited people from around the building with cracked iphone screens with various skill levels from engineers like me to complete novices. >> they compared the results with a repair service. some breezed through the process. others...regretted the decision. >> it requires a lot of patience. i don't have patience. >> there were lots of steps and small parts and fragile pieces. bernie stayed on the side lines to help if panic set

. >>> cracked iphones made whole again. >> and a new film focuses on an out of this world mystery. what dna testing revealed about a miniature creature. >> here we go with weather, it's been a roller coaster ride. today, only 66 degrees. find out when we're going to get closer to that 90 once again. that's in the forecast. next. you kids should count yourselves lucky. we didn't have u-verse back in my day. you couldn't just... guys... there you are. you know you couldn't just pause a show in one room, then... where was i... you couldn't pause a show in one room then start playing it in another. and...i'm talking to myself... [ male announcer ] call to get u-verse tv for just $19 a month for 2 years with qualifying bundles. is more fun than ever. sees better than ever. ♪ charges faster. and will charge. cool. and heat. from your phone. fact: leaf never needs gas. ever. good for the world. built in america. now, leaf's an easier choice than ever. ♪ shop at choosenissan.com. ♪ parties. but k-p-i-x 5's sharon chin tells us: the s ow jumping in... so to >>> they are popular, indoor tram

if there's a new iphone 5s, perhaps it's not that bad. dividend increase that you mentioned, that was in line with what you were thinking, a modest buyback rather than a massive increase. and so relatively in line with what we're thinking. we still think this stock is cheap. the bigger issue is what do they do for an encore with the 5s and future products. >> okay. >> jon, more info? >> yeah. i just want to point out, they're pointing out, $12.5 billion in cash generated, bringing them to $145 billion in cash on hand. you already mentioned the dividend. it looks like the gross margin came in at 37.5%, which is in line with the range that they gave. i'm interested in going in and seeing how china performs, specifically. so i'll have that for you in just a moment. >> all right. we will wait for that. gene, let me get your take. you have not reacted to these numbers. what do you make of it? >> it's kind of what we had expected. we're in the lull here, before a big product cycle, kind of on the back half of the year, so the numbers are pretty

the iphone 4s and the iphone 5 were both released in september. but, it looks like the newest iphone will be released some time this summer. asian manufacturers of the components used to make the iphone have hinted that production is about to start for the new model. all of this is big news but, perhaps, an even bigger development will come along at the same time. according to published reports, apple, is working on a low cost version of the iphone. this is in stark contrast to the company's tradition of producing pricey, products for the apple faithful to consume. the idea for the low cost model is to make the darling phone available to people in developing countries and others who simply can't afford a six hundred dollar phone. the new, lower cost model will reportedly have a four inch screen and the body will be made from less expensive materials like plastic. apple inc. is notoriously tight lipped about unreleased products so we will all have to wait until apple rolls out the new product line to get a look at the new devices. i'm jeff bush in

one iphone 5 as 16 giga bites of storage.ne tera bites would be 62 iphones, stacked that would be 19 inches high. one would be 62,000 iphones which would be higher than an empire state building. an esta bite would be 52 million iphones higher than the international space station. one dat da bite would be more tn an iphone. if it has five data bytes the data could store cell phone calls google search and surveillance camera in america for a very long time. >> what are they going to do with the data? >> i don't know. it's classified. >> gary herbert is utah's republican governor. >> you have seen the reports, e-mails, phone records, banking records, all of that. >> i have been on the tour i have seen the facilities they give me a general over view of what they are going to be doing but the details and specifics of it you need to get from them. >> all they would tell us is the utah data center is a facility for the intelligence community that would have a major focus on cyber security. >> we are going to take off. >> we weren't

here's my iphone which i safely use and follow. it's right in our own iphones. yet, if you don't know how to access that information, you won't know. most people don't know what i know and what you all now know. it's so important for us to give people the right to know and make choices when they use their phone to use it safely. apply best practices. it is so important for us, especially i have a child 14 and a child 12, that we need to pass this along. thank you so much. bye, now. >> thank you. and rosemary and then stephanie thomas, ellie marks and stephen krolig. >>> hi, i'm rosemary binsco. i would also like to come out in favor of the right to know and ask you not to cave in to the industry. there's so many things that the cell phones do even if people are trying to use them as safely as possible. for example, if you're riding in a train in an enclosed metal area, then it affects everybody around the person using the cell phone. these kind of things i think are important for people to know, especially if they have a pacemaker or anything that's going to wea

cold turkey. >> say bye-bye. >> bye ipad. >> bye iphone. >> say bye iphone. >> buy iphone. >> buy ipad. >> you can't play with them any more. >> reporter: the girls were left to play with their analog toys and had to resort to imagination play. >> what is that? >> this is my book light. >> you are pretending it's an ipad? >> yeah. >> reporter: and they fought a lot more. >> don't do that. >> reporter: to help us understand what we are seeing we went to barnard university's toddler center to observe kids reacting to traditional toys versus an ipad. the center tested something known as distractibilty. the kids aged 3 to 5 are given ipads to play with. the grown ups call their names to see how readily they respond. >> jackson what are you playing? jackson? and lucas what are you playing over there? lucas? serena? what are you matching? serena. >> reporter: the only toddler who resisted to the magnetic pull does not tune out her environment. >> do you want to play with the ipad? no. >> reporter: the tablets are confiscated. >> you are sad? >> reporter: it seemed to the researchers that the

what about the iphone 6 come out?t there were hopes from bulls of the stock that would be pull that forward. slimly slap a larger screen on iphone and you're good to go and you have a answer to samsung. the apple made technology decisions with the iphone 5 and screen technology and that technology doesn't scale to five inches as well. they're having to itch is. that switch is causing the product to remain on original schedule an not being able to pull forward. >> peter talk to folks like me, stockholders. apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if that happens, we put that a lowe

the iphone 4s and the iphone 5 were both released in september. but, it looks like the newest iphone will be released some time this summer. asian manufacturers of the components used to make thentedt production is about to start for the new model. all of this is big news but, perhaps, an even bigger development will come along at the same time. according to published reports, apple, is working on a low cost version of the iphone. this is in stark contrast to the company's tradition of producing pricey, products for the apple faithful to consume. the idea for the low cost model is to make the darling phone available to people in developing countries and others who simply can't afford a six hundred dollar phone. the new, lower cost model will reportedly have a four inch screen and the body will be made from less expensive materials like plastic. apple inc. is notoriously tight lipped about unreleased products so we will all have to wait until apple rolls out the new product line to get a look at the new devices. i'm jeff bush in the newsroom, kron

right now, the iphone 5 cost around $600. >> we will be right back. 9 pm.at that means... we turn into werewolves. no dude... i start serving my late night munchie meals at nine. for six bucks you get 2 tacos, halfsie fries, and a drink, plus one of 4 awesome new entrées, like the stacked grilled cheese burger. it's 9:37, you know what that means... we turn into werewolves? get 3 yeaon brand nameree financingmattress sets. plus, get free delivery and sleep train's 100-day low price guarantee. sleep train's interest-free for 3 event is on now! ♪ your ticket to a better night's sleep ♪ >> welcome back. we are minor turn an incident on the lower part of the bridge. eight dump trucks or either the trailer might have done some damage to the upper deck of the bay bridge. there has been to breed knocks in the lanes and chp has put out a similar. we will keep you updated. >> here is a shot, you can see that the truck was hauling, it may have struck the bay bridge and if major damage was done is done on. there have been some concrete debris that has been knocked loo

i think they will continue to innovate around the iphone and ipad products. i think we will see thinner ipads can and larger screen iphones and new things like fingerprint sensor. we have heard of them working on apple tvs and watches. i think people would use the watches while they are jogging or being at the gym. and there's a lot of people that would buy the apple tv to solve the nightmare of the cable box. >> do you own any of the stocks? >> apple is the largest position in the fund that i manage and we do own apple personally in our family as well. >> all right. thanks so much. josh spencer. bill? >> he well, the markets rose sharply today, gaining back more than half of monday's big losses. the dow was up 157 points. nasdaq up 48, and the s&p 500 added 22 points. stocks got a big boost from a round of solid economic data reports and stronger than expected earnings from dell, dow components, coca-cola and john and jo johnson and johnson. and there was a 4% decline in prices at the gas pump. helping, industrial production was higher than forecast in march

and what would steve jobs say about cheaper and rehashed iphones?apple is expected to open today. up very, very slightly at 431, but way below the $705 that apple hit six months ago. apple in the corporate headlines. dr. ben carson is taking criticism for comments he made on fox news hannity. first, listen to this. >> marriage is between a man and a woman, it's a well-established, fundamental pillar of society. and no group, be they gays, be they nambla, be they people who believe in bestiality, it doesn't matter what they are, they don't get to change the definition. stuart: he was attacked for that and after the vicious and personal attacks from the left, dr. carson defended himself. >> they want to shut us up completely and that's why the attacks against me have been so vicious, because i represent, you know, a threat to them. stuart: wow, dr. ben carson, he will join us in a few minutes and asked him if he's maybe overexposed and too much media and what the future holds for him when he retires. and right now, i'm going to focus on money. the ope

that's same factory that turns out iphones. the companies have no comment, but reports says the next generation iphone 5s will launch in june. a low-cost version of the iphone is expected in august. people working for jc penney are relieved to learn the retailer's latest turnaround plan does not include eliminating employees or closing stores. penney's cfo revealed monday the company is tapping into its $1.85-billion credit line to buy inventory. the retailer will take out $850 million to revamp its home goods section, which should be ready next month. nursing homes are heading toward a critical need of employees. as baby boomers move into their golden years, the wall street journal reports the elder-care workforce will need 50% more workers. the profession, however, is considered to be low-paying at $12 an hour. the job also comes with a high injury rate and is physically draining. those considerations are said to be making it tough for nursing home operators to hire. dish network offers $25.5 billion for wireless carrier spri

iphone from a different carrier that you're willing to trade in, you could get a brand new iphone 5 from t- mobile for free. >> they are able to -- free. they are able to offer the plan because they offer the price into your plan. they tack offer a fee for the new iphone for 24 months. after it's paid off, that fee disappears. t. mobile offers no contract plans. this is really shaking up the mobile phone world. it's month to month you can bail out at any time without paying any fees. they are offering new, simple, low cost plans. they start at just $50 for unlimited talk and text and 500 mega bites of high speed data. bottom line if you don't need a huge amount of data and you have an old iphone in good condition from another carrier for a trade in, you could pay t. mobile only $65 a month for a new iphone 5 with no money down. gabe slate, kron 4 news. >>> coming up, a disturbing look at the propaganda being displayed across televisions in north korea. >>> then, dramatic images of what's left after powerful storms slam the east coast. >>> for the first day this week, stocks are down

lori: not a iphone six, just a refreshed iphone. do you have anything on the apple news?icole: i am not seeing apple where i am standing right now. we did see the stock today. we have all up arrows. it has been that way all day long. the dow is at an all-time record. taking a look at delta and a few of the others. they are all to the downside today. trying to trim the amount. raising the prices and the like. back to you. melissa: thank you. we are following the latest developments out of cyprus. he was in third for exactly five weeks. lori: there is bad news for the rest of the euro zone. hitting a record 12%. this may not be much of a surprise. there is growing split between northern and southern europe. the overall unemployment rate in spain is 23.6%. the jobless rate for people under the age of 25 is nearly 56%. melissa: illinois has one of the highest minimum wage rates that $8.25 an hour. my next guest says the higher animal wage in the state will be a business killer. joining me now is tanya triche. why do you think this is a bad idea? it is a terrible idea. >> is o

at only $100 for a new iphone. or, if you have a iphone holder that you can trade and? you are able to get one in for free. you can get this up front deal because the at and the new price. they will attack on a $20 monthly fee. at 24 months, they will tech that on -- on your monthly bill. tacking it onto your monthly bill but this is real shaking up this tech world. these on limited call & taxi = $50. if you do not need a lot amount of data and if you have an old iphone? you are able to trade in and you can pay only $65 per month. if you'd like to connect with our tech reporter. you can follow gabe slate on facebook, or at-gabeslate on twitter. you can also send him an e- mail, at slate-at-kron-4- dot-com. [ female announcer ] safeway presents real big deals of the week. or how to keep from driving all over for the best deals. you don't need to run around. safeway gives you real big club card deals each week. this week, a crazy low price on tide, $10.99 for 100 ounces. skip the warehouse. quilted northern is $10.99 for 24 double rolls. and dryer's ice cream is just $2.9

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 serious argument living in the same house built 60 years ago and hand holding never stopped. >> i found out she's going keep me. i found out y. >> why? >> she says she hasn't got time to break another one in. >> sense of humor, walter makes her feel special. walter says he always gets in t

when vivienne dropped her iphone, the screen cracked. the cost to replace the phone made her more upset. >> to save she use aid repair service. could she have fixed it for less? consumer reports tester bernie wanted to know how easy or tough oit could be. ordering a kit for $30 and then, watched a 30 minute tutorial video from i cracked.com. he also wanted to see how others would do. >> i recruited people from around the building with cracked iphone screens. from engineers to novice who's weren't comfortable working with electronic autos this phone was fixed by a phone service some volunteers breezed through the process. >> others regretted the decision. >> there are lots of steps and small parts and small pieces. bernie stayed on the side line. it took most about an hour and a half to replace a cracked screen. before you for technically challenged took longer. >> one screen was defective. >> if you're thinking about replacing the screen realize it can save you money but it will likely cost you time and some aggravation. >> you can buy a

. >>> highlight on police departments nationwide fight back as thieves target owners of iphones and other valuable gadgets. what is being done to protect your property, how you can protect yourself. >>> political humor. the president's joke-filled dinner sets a new stage for a second term in office. >> these days i look in the mirror and realize i am not the strap young muslim socialist i used to be. >> a rare evening where the president takes on the role of a stand-up comic. we will look at presidential humor past and present on this monday, april 29th. >> announcer: from abc news, this is "world news now" with john muller and diana perez. >>> we begin this half-hour with top lawmakers who appear convinced that the boston bombing suspects got help from overseas. >> this comes after russian authorities turned over recorded phone calls between the mother and one of her sons. abc's gio benitez reports from boston. >> reporter: the wiretap has the world asking questions. what did the russians hear in that 2011 recorded phone calls between tamerlan tsarnaev and his mom back in russia. u.s. of

the iphone. >> heart monitors. you here in a store, google is taking pictures of insides of stores so it becomes your remote control for everything in your life and interacting with the physical. >> this is because of the app explosion. >> not just the app because facebook is trying to end the app explosion by this phone but the ideaed that the mobile device can lead you everywhere and give you all kind of hints. >> but kara's right about what facebook kind of semi-ny sneaky strategy is there but it is the app explosion. there's a theological argument among technology, people about apps versus web browsers. i don't think consumers care at all. if there's a good game or productivity tool and it happens to be an app, that's what they're doing. right now there's 800,000 apps in the apple store, 700,000 in the google store. it's enormous. >> rose: speaking ofing into this will idea sometimes advances. the app explosion means the people are going use apps for search and not google. >> well, certain search. is we have a

investors dumping iphone and ipad componentmakers. you can see largan down by better than % and lg down 4.79%. despite all of this and waning pc demand, taiwan's top contract chipmaker reporting solid first quarter werings. profit at taiwan's semi conductor manufacturing beat estimates on the year. tsmc plans to boost spending, as well. let's hear more now from william john. he joins us on the line. he's head of taiwan research at ubs. thank you so much for your time. is tsml delusional or are they right to think they can do well in a market where apple is suffering? >> i think they have an advantage. one is there's probably a certain degree of inventory building as coming through. and on the other hand, i think it is probably gaining a bit of market share. it's an overall perspective, i think it certainly does have its advantages. >> and dow sort of sympathize with the view here that this is now become ago story that's more about the strugglings of apple and those particular suppliers to the country as opposed to the sector at large?

how they caught up with the iphone? >> some of the features have surpassed iphone.the camera which is sharper than the iphone5, but you can use the front and back camera at the same time. there are so many clever features built into this. stuart: a higher-quality picture than them with the iphone. >> yes. in terms of what is available. the cost will vary by carrier. the sprint carriers go by 249. stuart: i am lost here. charles: it is not necessarily an elephant in the room, but you testified things. >> he is really good when it comes to operations and numbers and getting components. liz: there is no other steve jobs out there. can apple boost the stock by getting that deal with china? >> lower-cost. charles: that is not what excites people. stuart: ubs, swiss bank, they have just cut their price target on apple. it was 560, now they are looking at 500. apple, right now, is around 402. >> i do think it seems like it has been beaten down. short term, a lot of people will be disappointed. if you are thinking long term, i am more excited about down the line. we are all

you can't sell iphones to people that have the iphone unless the new models are much better than thewhich they afternoon. you can't sell stock to people who own it, which they do. however, you can sell samsung, that is happening in recent numbers around the globe. you can sell kimberly-clark, because if they want dividends in steady growth, not choppy declines or decreasing world margins, then pepsi, mickey d's and kimberly are the way to go. apple is the exact opposite almost every counsel . now i don't mean to be condescending when i say apple's results weren't impressive if you didn't know any better. i'm say figure the people that own the stock would listen to the conference call, they would know what i'm talking about. most will not listen even if i stood on my head and told you to do. so the call was surreal. it was as if management was giving a course while the analysts are critiquing the rise and fall of the apple empire. apple is teaching the wrong course. that's because they talk about how the company intends to shower them with cash. the analyst industry is trying to figur

you can't sell iphones to people who already have an iphone unless the new models are much better thanand they are not. however, you can sell samsung phones to apple iphone users and that's happening in increasing numbers across the globe. and if they want dividends and steady growth, not choppy declines, increasing gross margins, declining costs and competition, then kimberly is the way to go because apple is almost the amount opposite on every account. they would know what i'm talking about. it was positively surreal. it was as if the animals are critiquing the rise and fall of the apple empire. that's because apple intends to return to shower them with cash. the analysts figure out how exactly poor apple's performance really is. they want to figure out how badly apple is getting stomped by samsung. gross margins are the giveaway about whether apple can charge more than everyone else. the gross margins are headed down, down, down, which is why again this feels more like the fall of the roman empire, not the rise of it. now, i do believe that apple can create a fixed income floor for

the iphone sales were of the iphone 5, high-end, best margins, if you will, very attractive margins soay expect disappointment today? >> we think so. we have as you mentioned two cuts. the first, actually had a chance to go out and visit with a number of carriers around the world, both face-to-face and over the phone and that led me to the conclusion that apple was candidly losing share and we think losing share to samsung and no longer the top-notch phone out in the market. we think effectively competing with samsung. we think the market is moving away from apple. they're losing some share in the high end. in addition, we think there's a number of chinese phones or low cost phones that are grabbing some of the middle market opportunities. so there is just more competitive dynamics in the market. the second thing is, we actually included, what we believe apple's next foray into the market will be. what we characterize more of a mid prizes phone of the we put that in our estimates in the december quarter which would include giving a phone or working with china mobile and so, we went ahe

cheryl: deconstructing the iphone. you'll want to stick around.how much apple makes on each opponent. as we go to break, every time we do at this time, take a look at the oil contract below 90 again. you hurt my feelings, todd. i did? when visa signature asked everybody what upgraded experiences really mattered... you suggested luxury car service instd of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signature. your idea of what a card should be. would absolutely not have taken a zip line in the jungle. i'm really gd that girltayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. cheryl: dow hitting 52 week or multi year high today. disney, coke, even merck and verizon, even travellers. all of these names 15 minutes. nicole is on the floor of the new york stock exchange looking at yum

a brand new iphone five from t mobil for free.offered this deal because they add in the price of the new iphone into your monthly plan. t mobile attack on a $20 a month before the new iphone for 24 months. after it is paid off, the fetus appears. t mobil offers no contract plans and this is really shaking up the mobile phone world. if this month to month, you can bail out at any time without paying any fees. they're offering a new simple low-cost plans. they started to $unlimited talks and text and 500 mb of high-speed data. if you do not need a bunch of data and you have an iphone in good condition from another carrier for a trade ban, you could pay t mobile only $65 a month for a new iphone five. with no money down. >> rise in wireless, the country's largest of all carriers says that it is extending the time it takes to earn a subsidized loan upgrade from 20 months on a contract to 24 months. the move will save a rise in money, since its subsidized each as mayor from by as much as $4 to get the price down to $199 or lower. with

customers accuse the company of failing to honor certainty warrants on iphones and iphone touches. pay-outs will depend on the number of claims submitted. >>> seema mody is live at cnbc headquarters. >> good morning. >> good morning to you. futures higher, the dow closing at another record high, it's best four-day winning streak since september. we get data out on retail sales that will show influence and consumer sentiment. the dow rising and the nasdaq rising. martha stewart living loses its bid that it violated its contract to sell goods at jcpenney's stores. it tem pore rayly bars jcpenney's from selling certain brand items. jcpenney is reportedly exploring options to include its finances including possibly selling a minori minority stake in the company. >>> we are going to steend it right back over to meteorologist, christina loren, who joins us. >> can't tell you enough. >> good morning to you. 4:46 is the time. you made it to the end of the week and we've got a great-looking day shaping up. the first part of your weekend looks spectacular even for hitting the beach. then, th

. >> interest iing one on that on >> cupertino's apple getting ready to release yet a new iphone. what, has it been a couple of months now? >>> let's turn things over to bertha coombs live at cnbc headquarters. >> hi, jon. hey, good morning. futures are pointing to a higher start, stocks posting decent gains tuesday, s&p closing at new all-time highs with health care leading the way on the government's medicare reimbursement decision. data on private sector jobs from payroll processor adp in about half an hour or so. we'll get service sector data later this morning. the dow will start the day at 14,662, rise in 89 points, nasdaq starts after gaining 15. reportedly the next iphone could be in stores by this summer rather than the fall, like the last two models. reports say apple will begin production some time this summer. the company is also allegedly still working with its asian suppliers on a cheaper iphone that could be launched either in the summer or fall. the four-inch device in that case would likely use a different casing, maybe plastic rather than the metal that's on the

apt l iphone offers a 4-inch screen. the phones are set to roll out next month. no word when they'll be sold in the u.s. >>> what happens to your gmail when you die? google has debuted a new tool for that. it tells google how long to keep the gmail if it or other accounts become inactive. the user can have the gmail deleted after 3, 6 or 12 months of inactivity: a man paid $2 million today for the nobel prize won by the man who helped discover dna. francis crick was awarded the nobel prize in 1962. he died in 2004. his family sold the medal at auction in new york. the buyer is a ceo of the menlo park regenerative company. he says he'll display it to inspire employees. a letter crick wrote to his son about the dna discovery was also auctioned off. that sold for $6 million. >>> now trending, a fisherman got quite a scare when he came face to face with a shark. >> whoa. >> who he is right. the encounter happened sunday as isaac was reeling in a tuna. we've slowed it down for you. that's a roughly 500-pound, 10- foot tiger shark. it nearly jumped into his kayak and t

is goldman less bullish on the iphone maker? >> yes, they are. they gave what i call a very tepid endorsement. this is phrased like a political endorsement. let's just take a look. first of all, apple, ibm, or fire, but apple removed from the america's conviction shun list. they said the most recent product up cycle hasn't driven the market shag and new users growth we thought possible, and apple ma -- sew have temperature id. outright bearish on hewlett, though. overall here they downgraded hewlett-packard, bearish on pc trends. declines of 3.8% in pc unit shipments in 2013, a much lower number than previously, pricing will remain under pressure. and they're downgrading hewlett-packard to a sell. remember, apple is sitting essentially right near a 52-week low. better today, and there's apple for a year. remember, we were over $600 just over a year ago. the bottom line is the rally at the end of february, look at that, that was the better results. i think that was february 21st, stocks doing better, but down on the downgrade. >> bob, thank you ve

its stock, it's earnings, it's iphones and ipads and it's competito competitors. why is everyone so obsessed with apple? whether you know it or not, chances are some of your money is invested in apple. now the second most valuable pl company on the planet. 34 million shares traded hands today on the s&p 500. john takes a look at why apple is such an important company to wall street and why it matters to just about all of us. >> reporter: even if you don't own an iphone, apple's a stock you should care about. why? because it's owned by so many 401(k)'s and pension funds for one. nearly 2/3s of apple's shares are owned by stitutions. apple stock movements influence some widely held index funds and apple makes up more than a 12% weighting. nearly twice that of google. that's enough to make apple stock moves a concern for the whole market. >> a significant percentage, and overweight percentage of the returns in the s&p 500 over the last two years has been because of apple stocks. if apple swoonz, it's going to impact many indexes and fund managers that were overly con

speaking of iphones we'll like to show you the most expensive iphone ever. there it is. diamond and golden crusted handset that includes a hidden black diamond, the black diamond iphone 5 was designed exclusively for a hong kong businessman who has a lot of money. it includes 600 flewless white diamond solid gold dressing which appropriately has 53 diamonds. the new iphone from wireless carrier will run you about 200 bucks this one is $15 million that gentleman wanted to buy one, for the 15 million he would have gotten 75,000. >> it's too fancy to talk on. >> what if you lose it. >>> all right, time now for a look at what's coming up a little later on cbs this morning. >> charlie rose joins us fresh off of a weekend of watching a whole lot of golf. >> hey, frank you've got that right. goorfrank and elizabeth. tensions are high over possible mission launch as celebrates the birth of its founder. margaret has interview with secretary of state plus a brand new airliner lands in the ocean. it snaps in half and everyone survives. we'll ask peter what may have gone right and w

>> when the iphone two came out i'm like, it's shaq, baby. >> jimmy: how do you operate an iphone itklet for you. >> i love it. >> jimmy: you do love it? >> yes, i do. >> jimmy: you had a thing where people pitched you ideas for new technologies. and how -- how long did you do this? one day? over the course of -- >> i told them to tout me their idea. we came up with the idea that 15 seconds of video is equivalent to 140 characters and we came up with interesting things. >> jimmy: what was the best won and worst one you got? >> i can't tell you. >> jimmy: you looked at all of them? >> i don't want to embarrass people. a lot of people put in a lot of hard money and work in their dream. some were good and some were -- >> jimmy: the lakers are retiring your jersey and your number. that is long overdue, i think. is that emotional for you? is that something that will -- you'll feel something or is it just another night? >> it's very exciting. if i had one wish i wish that dr. dre' was here. it takes five to seven years to get this dopp done. but it was moved up very fast. i wish he was the