the iphone 6, and the iphone 6 plus. they are without a doubt the best iphones we have ever done.you will agree, they are the best phones you have ever seen. as for how much they cost, the iphone 6 -- $200 to $400 with a contract. the iphone 6 plus, three other dollars to $500 with a contract. is $90ans the iphone and with a contract. the updated security will include a two-step verification process which will send an extra code to a person's mobile phone if a password is entered, but will added password protection will be enough to keep consumers happy? and how much more action security will he need if i wallet and health care information are added? ,oining me now is keith rabois former ceo of square. he has a lot of experience in security. michael, i will start with you. given what has happened with apple, we know that icloud was hacked -- was intact specifically. trust apple with health information and payment information? >> the biggest issue at hand is user trust. at the end of the day, the users need to feel comfortable that if they are putting sensitive information into the

iphone 6 and iphone 6 plus go on sale in the bay area. we have the apple anticipation. >>> i am katie marzullo. >> i am eric thomas. >>> first, the weather forecast. draw is here for meteorologist mike nicco. >>> good morning. we have a quiet picture compared to 24 hours ago. no rain. the commute is easier than for thursday morning. temperature-wise, 64 in oakland, 62 in caltran, 64 in mountain view and snap pa at -- in napa. coastal clouds burn off by mid-day and the afternoon and plenty of sunshine and a typical summer temperature. >> 24 bart trains at dispose am, and one accident in solano near westbound 80 before you get to this area involving a couple of vehicles and a big rig and maybe one lane is blocked. as you can continue up to the interchange everything is moving line fine. we have a lot of fog in the north bay, a mile visibility through map pa and american canyon so watch your speed and low down. 101 is completely enveloped here with the fog. it cheers -- cheers -- clears up nicely to to the south. >> people are lining up for

6+.he iphone 6 and iphone these are the best iphones we have ever done it i hope you will agree thathey are the best phones you have ever seen. i'm emily chang. ons is "bloomberg west" bloomberg radio, bloomberg tv, and streaming on bloomberg.com. that was the unveiling of the iphone 6 and iphone plus. inches. now be 4.5 is bigger better for apple? is it enough to win local market share from rivals like samsung? in joined by om malik here san francisco and in cupertino, cory johnson and gene munster, gene, what do you think of the new phones? is it enough to move the needle? absolutely. that was probably one of the biggest surprises for me to walk there and check out the products. six plus, youre blood away by it. they lost about third of android users switch based on the bigger form factors. that is a segment they have been missing out. they basically plugged an important hole that had been in their market share equation. >> at this point, you could get the iphone 5c for free. iphone 6 is $200 with a contract. that is not bad. --, smartphone information is this more than incremental

after laying out two new iphones, the iphone 6 and the iphone 6 plus, a

it is not the first iphone, but it is the biggest advancement in iphone history.ink the upgrade cycle here and the number of people that will switch from other smart bounds will be enormous. >> were you challenged by what samsung does and what it has in the development of this size personal smartphone? >> we could have done a larger iphone years ago. it's not just about making a larger phone, it making a better phone in every single way. we ship things when they are ready and we think the display technology, the battery technology, everything else, and the software -- you can still use this phone one handed because you can tap it twice and the screen will come down. the ingenuity here and the fact we have integrated software, hardware and services which i think only apple can do, this phone, now is the time for it. >> apple pay will roll out in october, but is it secure? take a listen as cook talks about the security features. >> our system is much more secure than the traditional credit card system is. we kept the thing that people like, which is they do love the

after laying out two new iphones, the iphone 6 and the iphone 6 plus, a new camera, a payment system called apple pay, this apparently is apple's first new product category under tim cook's leadership for sure and definitely in the past four years. more details as we get them. >> indeed. thank you very much for that, carl. we'll keep on dipping in with you for more on what's on cupertino. i have steve liesman with me on what people are calling the first truly important product launch in the post-jobs era. >> or the goldilocks iphone announcement. papa and mama and baby iphone. carl, you still there? carl? >> i'm still here, steve. >> yeah. is this a fashion thing or a functional thing the watch on the wrist? >> so far, cook has just charactcharact charact characterized it as the next chapter in the story. we'll work through it in a moment. clearly the fact of a new product at all is news for apple. this is a completely different supply chain. although i might add the stock really popped on the payments news and highs of the day. settled back just a bit. in a world, steve, where the i

apple stores at around the globe, the iphone 6 and iphone 6 plus are shattering records. will the popularity of the new iphone lead customers to other new apple products like apple and apple watch? and he's a cofounder of the alan one of most prominent and contrary and intra-capitalist in silicon valley. i talked to peter keele about the future of paypal which he -- peter he'll about the future of paypal and bitcoin and what it takes to be a successful on to her. first, to our lead story -- closer toipos inching becoming the biggest ipo in history. the company just used it by from --$266 -- from $66 $268 a share. they could raise money $1.8 billion just shy of the global record, which is the agricultural bank of china's $22 billion ipo in 2010. meanwhile, the alibaba roadshow ,et with investors in hong kong reportedly saying he will not look for a valuation that is too high. joining me now is jack green and leslie hecker who covers ipos for bloomberg news. i will start with leslie -- what's the latest as far as we know and what is the thinking behind this new price? >> yo

hits iphone stores next year. changes tim cook minute apple, will they cement his legacy? we spoke with the executive team at apple, rare one-on-one interviews here. brad, i will start with you. who exactly did you speak to in what sense did you get of how well the team works together? let's we spoke with tim cook, johnny, who ran the eye team behind the iphone 6 and apple watch. board members like bob iger and sue wagner. you do not get that kind of access from apple usually. they were trying to make two points. they are proud of the product this week and very much in apple style, they wanted to take their victory lap. they also want to impress there is a new openness at apple. tim cook uses the phrase, defaulting to open. they want to be transparent about product plans and want to know, this will be part of his management style. >> the company was very secretive and opaque under steve jobs. would you say it is indeed a new era? >> there is a little bit of a change. there is a little bit they are trying to capita

walmart will sell the iphone 6 for $179 and the iphone 6 plus

as a security guard, but getting paid $100 to wait for the iphone five.require waiting in line -- jordan sneaker releases. women's shoe sample sales. robert does it all. so, you're the only male in the line? >> sometimes. >> reporter: and people on help sites like task rabbit have hourly rates, too. but robert says he's more experiences and more well-known. >> i come up first in all the searches. >> reporter: there's no extra cost fordelivery. but full rate for 38 hours is $765. and what a wait it is. >> it's 6:22, thursday morning. and these are the iphone 6s being unloaded from the truck. >> reporter: five hours later, with 21 hours to go, alex is already getting delirious. >> 11:21. i'm going to try something. boredom is setting in. >> reporter: t-14 hours until the release of the iphone 6. look at the line, all the way down. let me show you why you hire a professional. robert is right there in front. a little bit tired. customer number one. one of his customers is jeff, playing $1,100 in waiting time to get six iphone 6s. >> he's very good at what he

here is the iphone 6. due to a display that is larger than anything that has ever appeared in apple before. such a big screen makes for an unwieldy phone. even with apple's clever reachability screen shrinking feature, it can be hard to handle if you do not have giant hands. putting it in your pocket is another issue. 71 millimeters thick, it is then enough to fit in your pocket, kind of. if you're into that sort of thing. but do not try sitting on it unless you like the feeling of a two by four strapped to your behind. here is the newsflash. larger things are more cumbersome than smaller things. >> those were my first impressions and i stand by them. but there is, i discovered, a different way to think about it. that started happening when i used it like i started using my regular iphone, watching videos, replying to e-mails, reading things off the web. that your screen is nice. with some apps, it has useful viewing modes when you turn it on its side. e-mails and messages took on a sufficient layout. the

as expected, apple did announce these two new bigger iphones. the iphone 6, the iphone 6 plus.creens of 4.7 and 5.5 inches. as you heard, cook did call this the biggest advancement in the history of the iphone, faster, more efficient, a better camera, a better battery. starting at $199 and $299 respectively. you can get your hands on them september 19th. the preorder starts on september 12th. cook did make that promise to enter a new product category this year. he fulfilled that promise with this watch. johnny eye walked the audience through this smartphone. talked about the safire display, siri capability. starts at $349 and will be available early next year. if you want the watch, you have to have the iphone 5 or higher. and finally apple announcing that it is moving aggressively into the mobile payment space. in some ways, apple has been building a foundation for this service for a long time. you think about the fingerprint sensor, you think about i-beacon, the 800 million itune accounts. they announced partnership with visa, mastercard and american express. back to you. >>

of course, iphone 6 and iphone 6 plus -- these are the best iphones we have ever done. think you will agree -- you have them in front of you. >> this is my iphone. look at the size of it. this is the iphone 6. >> the thinnest phone we have ever done. >> the thinnest? >> the thinnest we have ever done. the screen is just to die for. it is super fast, lightning fast. it has a whole new round of wireless technology, so it is screaming fast on the wireless networks. it is really unbelievable. and it feels unbelievable in your hand. hold it. it is something. it is really unbelievable. the design -- johnny and his team did such an incredible job here. it is really seamless between the glass -- it is like a singular form. >> but back to what is next. this represents a continuation of the iphone. >> a leapfrog, i would say. but yes, it is the iphone 6. it is not the first iphone. but it is the biggest advancement ever in iphone history. and so we think that the upgrade cycle here, and the number of people that will switch from other smartphones, will be enormous. >> are you cha

the iphone 6. is the best phone we have ever done, the thinnest phone we have ever done. the screen is just to die for. it is super fast, lightning fast. it has a whole new realm of wireless technology. streaming fast on the wireless networks. it is really unbelievable and it feels unbelievable in your hand. hold it. it is really unbelievable be design. and his team did such an incredible job here. it is really seamless. like a singular form. >> yes. next -- thishat is represents a continuation of the iphone. >> a leapfrog, i would say, but yes, it is the iphone 6. it is not the first iphone. but it is the biggest advancement ever in iphone history. so, we think the upgrade cycle here and the number of people who will switch from other smart enormous. will be >> were you challenged by what samsung does and what it has in the development of this size personal smartphone? couldestly, charlie, we have done a larger iphone years ago. it has never been about just making a larger phone. it has been about

it sold more than 10 million iphone 6 and iphone 6 plus iphones in just the first three days of sales. its biggest product launch ever. with demand for the phone exceeding expectation, how many more new smartphones can ap el sell? and is the iphone 6 the hit that apple needed? josh lipton reports. >> reporter: apple's ceo tim cook says that the new iphone 6 and iphone 6 plus represent the biggest advancement in the history of iphones. a lot of consumers seem to share in that excitement. apple says it sold 10 million iphone 6 and iphone 6 plus phones through first week of sales. that's a new record for the company and even more impressive considering that the phone hasn't even gone on sale in china yet. apple doesn't detail its sales figures between iphone 6 and 6 plus, but analysts say both will see aggressive demand. >> you're going to look at a mix between the 6 and the 6 plus of 50-50. that's a huge impact on what the margins and the gross profit dollars are, too. so apple's really turning all the right dials on this line. >> the strong launch wasn't too much of a surprise given ho

you went on to test the iphone 6. what happened?> the six did much better as i expected it would, the fact that it had smaller form factor. i put as much pressure as i could in the same location and attempted to bend it in the same fashion. it kind of had a tiny little bent to it, but nothing significant and completely usable. at this point i'm willing to say based on that little piece of evidence that the six is going to be a little bit more durable than the six plus. >> you also compared it to a few other phones. the moto and others. how do the iphones stack up to the other phones? >> even with the standard iphone 6, it feels that there was a tiny bit of pliability there. it started to seem like it would probably give way sooner than probably some of the other devices i tested. the most impressive was this one here, the moto x. the new one. i essentially was not able creaking orind of cracking or twisting or bending out of it. i can happily -- actually replicate that right here. this phone is just solid and i actually did not know

when a new iphone comes out, the biggest group that risk is the group with the biggest base of iphonesis really at&t. that is the biggest switching pool. we announced something this week -- what i'm trying to take the uncertainty out. so much of the industry is trickery. the way people do trading is trickery. it is like old used car deals. i used to go with my father and they would try to screw you with trade-in values. so we say we know trade-in values. we put out a guarantee you will get the best trade-in and if you don't and see within a week you didn't, we'll match that and add $50 to it. >> you have really shaken up the industry and everyone gives you credit for that. >> everyone -- even cory. >> prices are going down but this is coming at cost. these new customers that you are getting is coming at a cost. i wonder how long can the carriers keep doing these kinds of things to each other? you're not really hurting the business or damaging the business. >> what things are we talking about? think about today. we have the same pricing plan. the simple choice pricing plans. we've been

el mundo se pasÓ el dÍa hablando del iphone 6.olas por telÉfonos inteligentes de apple. comenzamos. ♪ ♪ este es su noticiero univisiÓn con jorge ramos y marÍa elena salinas. ♪ a ♪ >> buenas noches. comenzamos con el escÁndalo de violencia domÉstica dentro de los jugadores de fÚtbol americano en los estados unidos. despuÉs de 9 dÍas de silencio, fueron 9 dÍas, hablÓ el comisionado de la liga. y en lugar de renunciar, muchos esperaban que renunciara. pidiÓ perdón y dijo que habrÍa cambios en la liga. vilma tiene las disculpas y la receta para lo que muchos llaman una enfermedad crÓnica en la nfl. >> despuÉs de 9 dÍas lejos del ojo pÚblico reapareciÓ el comisionado donde dijo que se equivocÓ en el manejo del caso de violencia, con este video que le da un puÑetazo a su hoy esposa. la deja dentro de un ascensor inconsciente. vimos errores. >> me equivoquÉ en el manejo del caso y pido perdÓn. el comisionado dejÓ claro que no renunciarÁ su cargo, pese a las fuertes criticas que piden su cabeza por su acciÓn lenta que involucran a jugador

the apple watch, the iphone 6, the iphone 6 plus, and apple pay.is the ceo tim cook from today. >> apple watches the most personal device we have ever created. we set out to make the best watch in the world, one that is precise. it is synchronized with the universal time standard and is accurate within plus minus 50 milliseconds. it is incredibly customizable, so you can find one that reflects your personal style and taste. it, we invented new, intimate ways to connect and communicate directly from your wrist. and it works seamlessly with iphone. and it is also a comprehensive health and fitness device. watch took very deep to an out of this came some truly remarkable innovation. one of those was the user interface. , with everyout revolutionary product that apple has created, a breakthrough in user interface was required. mac, we introduced the mouse to make navigation so simple on the personal computer. on the ipodel allowed users to scroll through thousands of songs in the palm of their hand. and with iphone, multi-touch gave us the ability to i

you need the iphone to use the iwatch. and more details to come. that limits the market portunity at least over the near term, we believe. >> reporter: today's event was critical for investors as it was tim cook's first big launch since becoming ceo in 2011. the focus will now turn to the new products as customers and developers eagerly await their release. for "nightly business report," i'm josh lipton. >>> so what will the new products and a refashioned iphone mean for the world's most valuable company and is shareholders including scores of funds you may own? let's talk to channing smith, co-portfolio advisers. welcome to both of you. david, was today's event a single, a double, a triple? >> i think today was a very good triple due to the extent we got the large factor phone basically that putting apple in a category that is showing faster growth. they may not have been innovative, but they are going to drive earnings estimates in terms of those will be going up. relative to the other announcements on apple pay this may be a service that does no

pre-orders iphone have hit a record. and i'm joined here on set as we await a decision on what the -- whoset plans to do side is this democrat on? you would be surprised. the former brazilian billionaire is now the target of federal -- i is, charged with we will bring you all the details on the rise and fall of isis. a look at top headlines this morning. its ipo.aises i could make it the biggest ipo in history. shares of a beer maker surging aboutope, reports financing and a takeover bid. in the meantime, the company is trying to buy the dutch brewer, heineken. that controls heineken rejected the offer. a lot going on. u.s. allies are indicating they are willing to step up the fight against islamic militants. the u.s. were told they were joined in the airstrike. john kerry this weekend saying syria is one country the u.s. will not be corrugated with. >> we will not coordinate. it is not a cooperative effort. we will do with they have not done. what they had plenty of opportunity to do. take on isil and eliminated as a th

6 and the iphone 6 plus., to brian's point, maybe the iphone 6 isn't going to be the be all, end all here, but out in california, jo, all the talk about the fact that the performance of a camera so incredible, is that really a top selling point do you think, jo, for the iphone 6? >> for the iphone, cheryl, i think you point out something very sail cent here. if you compare the camera to any of the android devices despite the fact that android dominates globally, the iphone really does take the cake. they spent a lot of time, at least 20 minutes, talking about the photo capabilities. it's going to be 8 mega pixels and also be able to have facetime now on both sides of the camera. so that's a new improvement. it'll be able to focus even faster, some of the photos will be warmer in color. so from everyone from the professional photographer to the instagram enthusiast, this is a big development, and it always has been a top seller. i expect hearing from analysts right now it will continue to be for 6 and 6 plus.

el primer iphone que saliÓ siempre vine. caja del aparato. >> se le cayÓ al piso. ante la sorpresa de los compraderos que segundos antes lo envidiaban. >> aquÍ en nueva york sujetaba su nuevo iphone por si a caso. lo primero que hizo fue grabar los que esperaban en la cola con menos suerte que Él. >> a veces nos tiramos en la silla, tratando de un sueÑito. pero uno no pega los ojos. >> el baÑo? >> el baÑo Íbamos a la bodega, los amigos nos turnamos. >> rompiÓ sus rÉcord de preventa con mÁs de 4 millones de iphone ordenados la semana pasada. >> jorge gacÍa se trajo a sus hijos para poder comprar dos celulares permitidos por persona. >> mi jefe quiere comprar tres. y bueno, vamos a esperar las horas que sean posibles. porque estÁ pagando. >> michelle acompaÑada de una amiga pasÓ su cumpleaÑos entre la aglomeraciÓn y la incomodidad para regalarse la nueva joya apple. >> para tenerlo antes que los demÁs. >> por quÉ? >> la nueva cosa. nuestra generaciÓn es asÍ. >> mejores fotos y teclado hasta que salga otra mejor versiÓn. >> pan

they announced the apple iphone in 2007. >> and we are calling it iphone. $2.5 billion in revenue.pple became seventh in mobile global phone sales but after watching them get up to $10 billion in iphone revenues, samsung stepped into the fray with galaxy. a fierce rivalry ensued. still 551.3 million iphones have been sold. total revenues are huge. $343 billion. it is a global phenomenal. it was initially just sold in the u.s. but now it is sold in 143 countries and it is single most popular consumer electronic device ever. in china alone, sales have doubled in two years. $12.7 billion year one. two years later, $25.4 billion. the industry created around the iphone is enormous. apple will likely sell more of the new iphone in the first weekend than the first iphone sold in its first year. it is a global phenomenal and an enormously popular device. >> my partner, cory johnson. and that does it for this edition of the best of "bloomberg west." you can catch us monday through friday 10:00 a.m. and 3:00 p.m. pacific, 1:00 p.m. and 6:00 p.m. eastern. we'll see you next week. ♪ >> coming

run things like iphones. tear downs, it shows us broadcom chips inside. the semiconductor company has announced they will be leaving the cellular modem market so what does that mean for broadcom? . the ceo will know best. getting out of the baseband business, how is that different than the other businesses you're staying in? >> it required incredible investment and we weren't able to get as much revenue as we wanted. what we can do now is focus on businesses were the core strengths come to bear. >> which also require a lot of investment but is there more in terms of margin? >> we have a market leadership position in those other businesses and we can work on that to drive new areas and other things. >> is it fundamentally that valuable? its critical mass of investment and mind share with customers. we are the goto partner for networking infrastructure or if somebody wants to do bluetooth or wi-fi. that enables us to have conversations about how to take things forward. the neatk one of things going on as you ha

the iphone 6 and the iphone 6 plus. >> all the waiting is open for apple fans.he company unveils its newest innovation. good afternoon, everyone. i'm michelle griego. frank is on assignment. international media in cupertino and long lines of people at the apple store in the big apple. everyone in place for today's announcement. kpix 5's kiet do is live at apple's store in downtown palo alto with a look at what's coming. kiet. >> reporter: hi there. the pundits and the experts pretty much nailed it with th specs. it was the worst kept secret, the iphone 6, 6 plus and the apple watch. ceo tim cook calling this the biggest advancement in the history of iphones. >> today, we are launching the biggest advancement in the history of iphones. they are designed like nothing ever before, incredibly unique from the glass front that curves around the side, it is truly the most beautiful phone you have ever seen. >> reporter: and they will be bigger, 4.7" and 5.5", two different sizes. compare that to the 4" now. they will also be the thinnest phones they have ever made and

it is like $220 to make the iphone 6, just $15 more for the iphone 6 plus even though it is far morexpensive in terms of the sticker price? >> i don't put a whole lot of weight in the bill of material estimates we see. they don't have access to the information from within the manufacturers. nobody but apple knows what apple is paying to get the processor fabricated. seeing the estimates out there, i don't know how much bearing they have on reality. >> in general, it's a big take away that these phones are easier to repair than previous generations? >> absolutely. there was a significant design intent in this phone to make it easier to repair. for that, we are really appreciative. it is a sign of a new direction for the team at apple, going away from the ipad style disposable design when the battery were out in the ipad, you just bought a new one. with these phones, they are clearly designing them to be serviced. i hope that is a trend for the apple watch going forward. if you have an apple watch with 18 carat gold on it, you will not want to throw it away after a year. >> that's my k

. >> ademÁs se presentÓ el iphone seis y iphone seis plus. >> son 50 veces mÁs rápido que el primer iphone se presentÓ en el aÑo 2007. >> quiero un ladrillo asÍ. >> gracias. hoy es martes 9 de septiembre de 2014. mÁs bombardeo a iraq y siria se busca apoyo. >> una mesquita serÍa guarida de extremistas. autores del atentado y promotores de isis arrestaron en ese lugar. de un solo mordisco se presentÓ sus joyas tecnologÍas. sacarÁ dos modelos de iphone 6 y su reloj inteligente comenzarÁ a funcionar en el 2015. comenzamos. ♪ ♪ este es su noticiero univisiÓn con jorge ramos y marÍa elena salinas. ♪ ♪ quÉ tal? buenas noches. una nueva guerra o no? es lo que el pueblo norteamericano y el mundo quiere saber en la vÍspera del presidente obama para combatir el grupo terrorista isis. el mandatario le dijo hoy a los lÍderes del congreso que tiene la autoridad que necesita para ampliar la campaÑa para erradicar isis de iraq y de siria. dijo que celebrarÍa alguna acciÓn del congreso para demostrar al mundo que washington estÁ unido para derrotar la amenaza. >> el presidente obama se reuniÓ con los lÍde

6 and six plus, two generations of the iphone?> the software problem is a big issue, because it's so awkward to reimburse. ive'snot mrs. early jony team that made that mistake. pending issues, that is a far less severe issue than the antenna issues we saw with the iphone four a few years ago. the bending issues are a little bit overblown. the iphone 5 can bend as well if you use it in your pocket and apply huge amounts of torque to it. it is a thinner phone. it is going to be a little more susceptible to that. >> give us the numbers you found in terms of the cost for parts. $220 to make the iphone 6, just $15 more for the iphone 6 plus even though it is far more expensive in terms of the sticker price? >> i don't put a whole lot of weight in the bill of material estimates we see. they don't have access to the information from within the manufacturers. nobody but apple knows what apple is paying to get the processor fabricated. seeing the estimates out there, i don't know how much bearing they have on reality. >> in general, it's a

. >> the iphone is my primary device. i use the blackberry for more business things. but really, gene, added altogether, what do you recommend for users? >> i think you have to make your decision. at the end of the day i think you're going to probably feel like the bigger phone, even with the issues, the 6 plus is probably a great phone. >> gene munster of piper jaffray, lewis hilensteger, and cory johnson. coming up, more on blackberry's new phone, the passport. i speak with ceo john chen about whether the square-screened model aimed toward business customers can turn blackberry around. that is next. ♪ >> welcome back to the best of "bloomberg west." i am emily chang. as we mentioned, blackberry has just unveiled its newest smartphone, the passport, which as ceo john chen claimed, does not bend like the apple iphone. how many of these square-screen phones can blackberry sell? can it really help turn around the struggling company? i spoke with john chen and started by asking him why he opted for the square design. >> beca

a new iphone just feels so good.n we"bloomberg west" return. ♪ >> it is 26 minutes past the hour which means bloomberg is on the markets. let see where the indexes are trading. a down move on the s&p, only .1 %. the dow jones also little changed but with a green arrow. the nasdaq, the biggest loser. down half a percent. i want to highlight jet blue. take a look at their shares after a season we'd shake up. dave barger is retiring in february and will be replaced by current president robert hayes. the airline also announced it will be charging passengers for their first checked bag and squeezing more seats onto the plane. ♪ >> welcome back to "bloomberg west." i'm emily chang. alibaba has started trading on the floor of the new york stock exchange today but it is also a big day for apple. the iphone 6 and iphone 6 plus are in consumers hands. i went with the six, gold, i am loving it. i change from black, felt like doing something different. joining us now from minneapolis is gene munster. is with us from san francisc

it the iphone 6. these bigger screens have been nicknamed "phablets" which is a cross between a phone and tablet. and then there's technology called near field communication or nfc which allows nearby devices to talk to one another and do things like transfer money or unlock a door. analysts think they will be merged together. >> while, yes, i could pull out my iphone and i believe the iphone will have nfc as well, but i think a wearable has a level of convenience that consumers just have never tried. and once they try it, they will be hooked. >> reporter: so tim was talking about an experience he had at disneyland where he had a wristwatch kind of a thing where it allowed him to unlock his hotel room, pay for refreshments, fast-passes for the rides. he is thinking that's where apple goes where you get an iwatch with the nfc technology built in. we are thinking iphones will ship in september and the watch in january. i didn't get a credentialed pass. i'm not going inside. that's for fancier reporters