josh lipton in san francisco, on the conference call from the start. josh, what's the latest?> well, melissa, that stock under pressure in the after hours. ceo brian veryxan yimp trying to with an upbeat, confident tone. here's what he had to say. >> i'm very pleased with our results in the third quarter. we introduced exciting new products, delivered strong financials. and continued to realign our resources to our strategy. the progress we're making, leaves me increasingly confident in our transformation. >> so obviously, trying to sound an upbeat tone, going through some of the different business units, kline computing group, processors for pcs up 5%. about the pc market, saying it's a bit stronger. china better than forecast. as for the pc consumer, he said it was better, but not back to where we would like to see it. actually just e-mailing back and forth hire with bernstein, stacy razgon putting pressure in the after hours to take the guide down for the data center group from double digits to high single digits so sounds like they're saying strong cloud and net working bu

for "nightly business report," i'm josh lipton, san francisco. >>> apple does face some challenges asosh pointed out. it remains the world's most valuable company, and the country's most profitable. just look at some of the numbers. apple, as josh mentioned, expects to bring in as much as $78 billion in just one quarter, folks. its market value, more than $600 billion. the company sits on a mountain of cash, more than $200 billion. yet those numbers were just not enough for investors. shares fell more than 2% in trading today. so why does wall street want to see more? walter missek at btig. as far as apple goes, it feels like it's a glass half full, glass half empty sort of argument here. where are you on it? >> it is. we're in the glass is half full, because the company a couple months ago, there was concerns of whether there was enough change in this phone, even to deliver that very small growth expectation for the december quarter. now they have, and we can start looking at to the december quarter, and to the march quarter and into next year where they might have a more exciting pr

josh lipton is in san francisco with the latest. sh. >> well, melissa, our own david faber reported this morning that multiple bidders do remain interested in buying twitter, so who are these bidders and why would they want to buy jack dorsey's company? investors certainly are wondering and reacting to all these headlines. it was not a good week for twitter bulls. you saw that stock drop almost 15%. the problem reports that some big companies aren't actually curious about making a bid. for example, alphabet was widely discussed, given its cash pile, nearly $80 billion. twitter also would give larry page a real social platform. but mr. page is not currently interested. that's according to recode, which also said disney, another reported potential bidder, isn't in the running. so that leaves sales force mark benny off, only saying he looks at a lot of different opportunities. he was equally noncommital with the "new york times," saying i'm not saying i'm buying it, but i'm not saying i'm not buying it. the rationale behind crm buying t

for "nightly business report," i'm josh lipton, kup tino, california. >>> today one of the biggest daysearnings season, what investors were focused on. some results disappointing, others encouraging. that led to small declines in the major averages. the dow jones industrial average fell 53 points to 18,169, the s&p 500 dropped 8. >>> a bright spot in "today"s market was procter & gamble. the dow component and the maker of tide, pampers and gillette razors reported better than expected quarterly profit. it also posted strong organic scales, which excludes things like currency moves and divestments, but could be spotty in the near term. >> tougher comps ahead of us. we're managing through a lot of geopolitical and economic dynamics in places like egypt, nigeria, argentina and now the philippines. and, of course, our competition doesn't stand still. but 2% is a significant improvement versus last year, and we hope by the end of the year improving beyond that. >> p & g the best performing stock on the dow, rising more than 3%. >>> dow component merck reported a strong quarter helped by high

josh lipton brings us the microsoft results.pal pal's numbers and seema mody will bring us earnings from advanced ç microdevices. joining us on we have cnbc pro columnist michael santoli and tim seymour joins us. we had earnings. we had data and we had post debate analysis. what today ostood out to you? >> it wasn't that big a market mover. on the currency side we got a move. within the range in the most part. within the range is the story for all of these asset markets. i feel like the corporate bond market is strong enough to support stocks where they are. earnings are good enough. you had basically the typical beat ratio but yet not necessarily a broad theme. it all makes sense. i think the big thing that i take away is people are getting frustrated. we see sentiment measure start to roll over and people saying they are exasperating. that probably set[ xou up. i don't know if you have to have the sharp drop first. >> gut check as you pointed out earlier today. what are you waiting for in earnings? >> in microsoft you have a

>> thank you, josh lipton. still. >> he's saying that the commercial cloud is going to grow 38% by 2018. they're doing it right now, margins are going higher for now. at some point they come under pressure. but we're not seeing that. >> you wouldn't buy it? >> not only because it's up 5% in afterhours at all time highs. that does matter. >> to tim's point, what does it matter if it's at an all-time high? >> when i buy low and sell high is when i make money. >> it's not going to go higher. >> you could buy high and sell it higher, çsure. odds-wise, i would rather wait for a pullback to buy it, that's all. >> wait for the guidance. i mean, come on, people. >> well, yeah. >> to me, the size of this company and the ability that people have to throw capacity into this, i'm talking about big funds, means more people will be able to pile onto this thing with confidence. >> there are x many shares. somebody owns them. i mean, index funds need to own them. i don't get that argument. >> we'll stick with earnings. mcdona

josh lipton has the details for us. hey, josh. >> that's right, scott.google just now at this event announcing this new smartphone called pixel. executives are on stage, scott, going over its different bells and whistles. a couple of different features that are going to make this phone different than the competition. one, it does come with google assistant. that's the company's digital assistant. its apple to siri, to amazon's alexa and microsoft's cortana. he does make this argument that you are moving from a mobile first to an ai first world and that google, in his opinion, has the edge just because of the sheer volume of data they have about their users, the weeks, months, and years we've all been searching for places and locations, that means google asana assenas assistants knows about our tastes and preferences. this phone can take advantage of google's moves in virtual reality. remember, the developer's conference in may, google unveiled day dream. that's their vfrmt r. platform. that is certainly a potential growth opportunity for google and anoth

josh lipton on the ibm call. bob peck, standing by on the red phone, of course, monitoring that netflix call for instant reaction. want to start with julia boorstin tonight for the very

(sot josh lipton / cnbc tech correspondent :41-50)google will argue that when it comes to these digital assistants, it really has the advantage just because of the sheer volume of data it has about its users.nats "you're in the cockpit of a space ship"google also made a virtual view.....a 79 dollar vr headset and controller that uses the pixel smartphone and rivals similar offerings such as samsung's gear vr.(sot clay bavor / head of vr, google 1:04-1:10)"for us, it's not just a technology, not just another screen. it's something that we believe is going tobe important."between virtual reality....and virtual assistants....google's hoping its new gadgetsoffer a competitive payoff that's very real.mark barger, nbc news. up next.. we go to the sight debate and talk live with a republican strategist about mike pence.but first, here's a live look from port washington. meteorologist scott steele will be back with the latest on our forecast, with both side of the aisle before tonight vice presidential debate. joining us live is republican sean spicer, chief strategist and communications direct

let's bring in josh lipton at one market. josh, good morning. >> good morning. >> i can't think of a time we've seen anything like this. smartphones are a product on a scale unlike any other, and then a recall and then issues with the replacements from the recall. any buzz out there on the potential impact on samsung's brand? >> well, i think, john, first of all you're absolutely right, i just got off the phone with patrick morehead of more insights and strategy, a guy you know very well. mr. morehead has been working in tech for 20, 25 years, worked at compact, worked at and, and to your point, john, patrick says this is simply unprecedented. he's never seen anything like this. yes, you see recalls of consumer electronic products, but if it really is true that the replacement turns out to be as unstable and unsafe as the original, that would be really unprecedented. and this -- let's also read to our viewers here the statement that samsung has given us to date. samsung saying, "we recognize that carrier partners have stopped

cnbc's josh lipton spoke with ceo tim cook. let's go straight to him at apple head quarters for the details. josh. >> reporter: i did, melissa, just speak to tim cook. let me give his rundown. as for the iphone, he said they couldn't be more excited about the demand they're seeing for those new models, the 7, and 7-plus. he pointed out the demand continues to outstrip supply, specifically for the 7 plus. i did ask him about competition. i was interested in his reaction to, of course, samsung and that really unprecedented blunder with the note 7. cook telling me too soon right now to really identify how much of an opportunity that is for apple. he, of course, said they do welcome all switchers. he is ramping up supply of the iphone 7 plus. he said. but that's not in a reaction to samsung. that's simply trying to meet demand. i think you also hear a lot of investors have questions about greater china. you did see revenue fall about 30%. cook, in his explanation, saying a lot of that is due to just really apple being a victim of it

josh lipton is in san francisco with the latest. ell, melissa, remember, ebay had been really on this roll heading into this print that stock had surged about 20% in the past three months. not so much now in the after hours. a couple different pressure points for ebay. one, gross merchandise volume, gmv, total value of goods sold. $20.1 billion, a bit light for expectations and drilling down into that marketplace gmv growth of 4%, i was just going back and forth with kanters, yousef scully pointing out 4% is in line with his forecast, his point being that's just not good enough after you have seen a run up like that in the stock. also paints a bigger picture. ebay making big fundamental changes in their platform. trying to make it easier for you to find products when you're looking on ebay or using other search engines. so some investors maybe wondering when are we going to see a big material impact of that initiative on gmv. the company's ceo saying, listen, replatforming as he puts it is necessary to simplify ebay to make it more c

josh lipton in san francisco with the very latest on this. josh. >> well, that's right, melissa. samsung reportedly now suspending its production of the note 7 following headlines that the replacement models are also overheating. and carriers are responding. at&t and t-mobile say they won't issue the note 7, and this afternoon, verizon's ceo also weighed in. >> this is by far the biggest concern i've seen in cell phones during my tenure. and i think they're a little surprised that the fix didn't fix things. so it's a major black eye for them. but at the end of the day, they'll recover. >> for its part, samsung saying in a statement, "we recognize that carrier partners have stopped sales and exchanges of the galaxy note 7 in response to reports of heat damage issues, and we respect their decision." when questioned for investors, what do note 7 customers do next? do they stick with samsung and the s-7 or s-7 edge or do they buy other android devices like lg's v-20 or the pixel phone? credit suisse thinks some will move to apple, adding 5% to the eps. today samsung stock did slip ab

josh lipton on the ibm call. and suntrust analyst, bob peck, standing by on the red phone, of course, monitoring that netflix call for instant reaction. want to start with julia boorstin tonight for the very latest and what investors are expecting to hear this evening. julia. >> reporter: well, netflix shares skyrocketing as much as 20% higher in after hours trading as its results blew apast expectations. netflix beating projections on revenue, earnings and subscriber numbers with guidance for the fourth quarter also better than expected. on the call, investors will be looking to understand what drove these results and whether this kind of growth is sustainable. some hot topics to watch in the video q and a just about to kick off now. the company's growing investment in original content production, which reed hastings said is less expensive than licensing a series or film. international growth in profitability is always in an area of interest. and we can look for some insight into the company's new china strategy

for "nightly bu m josh lipton, san francisco. >> timothy lesko is principal portfoo man at granite inve managers and he owns the stock. welcom timothy. >> thanks for having me. >> the street obviously missed it with this one. it frequeny hap that way. you own the stock. tell me what you saw in te highli in the report. josh mentioned the cloud computin but what else did you see in th report that you liked? >> well, i think josh kind of hit the nail on the head with it. we somewha knew that pc sales were going to be light. that's been about 40 to 45% of micross business for a while. and by blowing out on the intet cloud portion of thr business, they really show the street that they have a growth engine again which they really haven't had for years. it's hard for big old companies to change from being pretty much a stodgy operating system company and windows tools compy rea into a compe and growing cloud player. so it's really nice to see them do that. that puts the intelligent cloud portn of their business above 30% of revenue and makes people really pay more attention. >> can they contin

josh lipton standing by to cover intel's results.m yahoo as soon as they cross. democratic vice presidential candidate tim kaine fresh off the podium in detroit will join us to discuss his economic plan coming up. joining me on the panel we have michael santoli. welcome everybody. earnings are already off to a furious start here. just thoughts on the market? >> i think the earnings we got since yesterday's close was good enough on goldman sachs, united health care and netflix. we did hold on but i think we got enough to get it to the middle of the range. >> the one thing that concerns me pretty deeply. all throughout october we had lousy volume. the participation isn't there. i thought they were pretty well. they showed their trading is doing quite well. netflix just blowing everything out. it was a good earnings day overall. >> what about those netflix numbers in the way that they responded? >> people continue to try to write them off. they are losing in competition. it is difficult to replicate what netflix has done and except for

josh lipton >> $4.5 billion.ne big number in the latest earnin report an refers to the revenue that intel generated in its dcg business or chips for data centers. that busines is a play on the cloud, when cloud providers build out their data centers, they rely on intel to provide the processors that power those server cj muse of ever core notes that inte did see growth of 10%, which was the bogey it needed to hit. mu says the open question, though is whether intel could sust the growth rate into the fourthquar for now, the analysts note inve are reacting to a more need concern, a disappointi q4 outloo from the chip-maker. for "nightly bureport," m josh n >>> intel joins three other dow comp today in reporting earnin united heacare, goldman and j. all three companies beat wall forecasts, but for very di reasons. united health group raised its outlook f the rest of the year, part of a healthier outlook fm health care. the spike driven by growth at oppo tunnel, the fast-greek primy care business that aims to put cli

josh lipton with the look at the opportunity this creates for apple. and courtney reagan has reaction. >> very busy today. we are joined by mark, kenny palcari is standing by and rick santelli will be checking in from chicago shortly. i guess he is still mourning last night's cubby loss. be itemized the litany. are we doing news now? this litany of why the market is down today. are you buying all of that, oil, rise in yields? >> you are absolutely buying all of it. oil backed off but oil had this big run from 45 up to 53 all on the talk. not the end of the world. what it is doing it is especial potentially going to set up for inflation and brings in reality for future fed policy and now we have alcoa and what does it mean about the future on friday when we get jp morgan and citi bank is this setting us up for another weak earnings season. it kind of makes sense. throw in the election drama and it is creating anxiety. we broken support on the s&p and now are we in the 2067, 2140 range? >> why do you think the dollar is strengthening? why do you think th

cnbc's josh lipton spoke with ceo tim

. >>> our josh lipton has a pry view of what to expect from google. r: well, john, google is staying mum about what exactly it's going to introduce at this event right behind me here, but we are anticipating a lot of new hardware, john. center stage could be these two new smartphones called pixel and pixel xl. now, these will reportedly be the first smartphones carrying the company's own brand and design. the price? an apple-like $649. as for the specks, qualcomm, snap dragon, 12 mega pixel cameras. fingerprint scanners, and they'll run on android n, the latest operating system. what is the strategy behind these new phones? they give google a way to show off its new technologies and services like google day dream, the company's new virtual reality initiative. that is a real potential growth engine for google. and another way to differentiate its hardware from rivals like apple. also expected release dates and pricing for google home, which is the company's answer to amazon ecco. the strategy there, that product could really be a way for consumers to, b

josh lipton filed this report previewing the numbers. >> when apple reports results, all eyes will be on that iphone business. analysts think apple shipped 45 million iphones in the quarter. that's true, that would be the third straight quarter of declines. but the iphone cycle has bottomed. they think the new iphone 7 is going to return the iphone franchise to growth. investors seem optimistic apple is up nearly 20% in just the past three months. also in focus, apple's business in greater china where revenue did slip more than 30% in q3. the question for investors is that due to slowing economic growth or as some analysts note because local brands are now catching up. and finally apple did reportedly approach time warner about pursuing a combination. analysts might ask tim cook about that on the conference call. dawson says cook was smart not to pursue that deal. better for apple to than to spend billions acquiring it. >>> let's talk more about this. what do you think people will think of the numbers today? is there disappointment waiting around the corner? >> some of that's been pri

josh lipton is in san francisco with more on that story. josh? >> reporter: that's right, jon.opro's ceo not happy with amazon, so you're not going to be able to buy gopro's new hero 5 camera directly from amazon.com in the united states, at least for the next couple weeks. the reason? gopro is not pleased with how its older products were being priced on amazon. remember, like many consumer electronics brands, gopro tells retailers how it wants its products placed, which is standard practice. amazon didn't adhere to those guidelines for gopro's models, specifically on the hero 4 silver and hero 4 black by matching unauthorized resellers. i just talked to charlie anderson of doherty and company, who covers the name. he agrees with gopro's decision because retailers like best buy now price match amazon.com. anderson says the integrity of retail pricing is critical. he estimates that amazon accounts for some 7% of gopro's annual sales. gopro's stock is slipping today. anderson says when one question for investors is when other retailers like best buy can pick up excess units that

josh lipton has the story. >> you might soon be able to buy a stake in snap. so the company is working on an ipo that could value it at $25 billion or more according to the wall street journal which says the ipo could take place as early as next march. snap inc. is on track to do more than 350 million in revenue. it last had valuation of 18 billion in may. the company declined to comment on this report. still tech investors are looking forward to companies like snap chat actually deciding to take that public market plunge next year. cooper software was one of six that did ipo in 2016. nobody else is publically even on file. some vcs do believe brighter days are ahead. they point to recent success stories like trilio. for many big consumer facing companies they through might not be much pressure to ipo. uber and air bnb have no trouble raising billions of private dollars. a few on the ipo radar. guys, back to you. >> thank you very much. josh lipton on the new ipo coming our way. >> twitter shares on track for the worst day since april of last year. reported th

our josh lipton joins us this morning having listened to the call last night. >> hey, carl. so this was the third straight quarter of declines for the iphone, but when i talked to tim cook, he was as upbeat and confident as ever, especially about customer response to the new iphone 7 and iphone 7 plus models. but he was also quick to point out that demand is outstripping supply. in other words, you might want that new iphone 7 plus, but that doesn't mean there is one to buy. so when will cook be able to meet demand? by the end of this quarter? right now it's not clear. >> it's hard to say. i believe that on iphone 7 we wi will, on iphone 7 plus i'm not sure. i wouldn't say yes at this point because the underlying demand looks extremely strong on the -- on both products but particularly on the iphone 7 plus versus our forecast going into the product launch. >> now, the challenge of not being able to meet demand evident in apple's q-1 guidance. the tech giant expecting revenue between $76 and $78 billion. piper's gene munster says that is about 77 million iphones

josh lipton in san francisco with the latest. josh. >> that's right, melissa.mber when it launched, tech reviewers called the note 7 the best big phone ever made. but that was before reports, of course, of that device overheating and catching fire. samsung now saying in a statement, for the benefit of consumers' safety, we have stopped sales and exchanges of the galaxy note 7, and have consequently decided to stop production. investors reacting and the stock dropping some 8%. its worst day since 2008. and today on cnbc, analysts and vcs responded to that news. >> certainly, the brand damage at a time where apple does have a little bit of momentum, probably adds further to the game in subscriber base that they have been getting, which is real important for the company. >> the problem for samsung is that unlike johnson & johnson and the tylenol case, they resisted doing the right thing. they initially tried to downplay the problems. and i think that has made this consumer problem much worse. >> there is a much bigger battlefield here. the smartphone is just the b

our josh lipton's at one market with details on that once again. rl, one big question for apple investors -- is the company capitalizing on samsung's blunder with the note 7? i asked ceo tim cook that, but he says it's too hard to tell exactly how much of an opportunity that is for his company right now. he is ramping up production of his new iphone 7 plus, he tells me, but that isn't because of samsung, it is just to try and meet all that demand. he did tell me, of course, that he welcomes all android switchers to the ios community. as for that iphone franchise, apple reported iphone units of $40.5 million in quarter, a drop of 4% year over year, but an improvement. in q-3, they dropped 15%. gene munster says the guidance implies iphone unit growth of some 3%. another big question on the conference call -- why did revenue in greater china fall 30%? in part, cook pinned that pressure on tough comps. >> when you look at what happened in '15 in china, we had a surge of upgraders that came into the market for the iphone 6 or iphone 6 plus, and the upgr

. >> thanks so much, josh lipton on the cloud wars. >>> still to come on "squawk alley," markets closingre from our exclusive interview with pepsico chairman and ceo indra newy. that's when "squawk alley" returns. they may want the latest products and services, but they demand the best shopping experiences. they're your customers. and by blending physical with digital, cognizant is helping 8 of the 10 largest u.s. retailers meet their demands with more responsive retail models... ones that transcend channels and locations, anticipate expectations... creating new ways to engage at every imaginable touch-point. it's a new day in retail, and together, we're building the store of the future. digital works for retail. let's talk about how digital works for your business. - we had to think a little more seriously about saving money for the future and for the kids and for their college funds. we thought, "well this airbnb is actually a great way to pay those extra bills." - every bit of extra money helps these days. we have a retirement fund of our own and i take a draw on it. i don't want to t

josh lipton, thanks so much. so we get to that question. should salesforce buy twitter and just to put in perspective, salesforce market cap is approximately $49 billion. a twitter deal could be $20 billion. this is going to be one of its biggest, if not the biggest acquisition chm makes. >> crm makes. >> quip was less than -- a $750 million deal. if they move, it's not going to move the needle necessarily. the company is not going to get lamb basted if they're wrong. if salesforce buys twitter and get it wrong, that's not catastrophic, but it's certainly not good. so -- i don't even know how this company lines up to buy twitter, frankly. benioff said, he would have paid more for linkedin. it's not like he's -- he's not adverse to making deals. but this -- i don't understand why this deal would make sense for them at all. >> i don't understand why he would be as open as he was. he's driving up the price himself. seems he's not making the best call here. we've all read the quotes. he now says the data is the new currency of the software worl

. >> josh lipton, thank you so much. this is the latest move as the tech giants battle.play a little game of "would you rather." here's a twist. for the short term and for the long-term, could be different answers. we kick it off with google versus amazon in the next three months. or the next three years. goog google, amazon. dan nathan. >> google pinned at 800 for two months. >> the next three months and for the next year? >> yep, yep, yep. >> for both. >> can you answer -- i don't even know. what was the answer to your question? she just asked 16 questions. >> i it not. i asked two. pay attention. >> apple -- >> answered both with one answer. >> he understand the question. it's google for both. >> he did google for both. >> ask him again for guy-guy. please. >> for the next three months, would you prefer google or amazon, dan? >> for the next three months -- >> google, three months. >> 12 months, google or amazon? >> google. >> see? >> great job. >> why? >> oh. well, here's the thing. so i actually think the news today is really important, okay? what they're really try

josh lipton has those developing details. what happened, josh? >> so, sara, more bad news for samsung here. a samsung galaxy note 7, the very kind of smartphone that was recalled for overheating batteries reportedly started smoking on a southwest airlines flight. that incident happened this morning, apparently forcing the evacuation of that flight while it was still on the ground at louisville international airport. there was smoke in the cabin, but nobody was injured. now, there is some conflicting news right now about the phone causing these problems. the owner of that phone is telling nbc news that it was a replacement galaxy note 7, but samsung in a statement to cnbc saying there is no evidence that this incident is related to the new note 7. we are working with the authorities and southwest now to recover the device and confirm the cause. we have reached out to samsung and will bring you that reaction if and when we do get it. guys, back to you. >> thanks, josh. and that's a replacement phone. >> right. justin, in the middle of a time when t

christine joins us, along with josh lipton. what should we expect from microsoft?r the close, clearly, the street not expegting much. eps growth, 2%. revenue growth flat. investors are going make a beeline to those parts of the business that are growing so the commercial cloud business. that's under the intelligent cloud division. that is what we mean by azure. what's interesting is that we're going to get a new financial metric from microsoft today, too, so we're going to break out that commercial cloud gross margin percentage, which is critical for investors. could be a real window into the future profitability. last quarter on the call, the cfo said the margin was 42%. investors have been asking microsoft to break out this number. even steve was talking to the press. i think in december of last year and said he wantç ed that numb broken out, soo we're going to get it today after the close. also mr. bond will be on squawk box tomorrow morning. >> also an update on linked in integration. technology, the stocks, have clearly a strong run in the third quarter. the

josh lipton has a preview now. josh?lly, when apple reports tomorrow, all eyes, of course, are on that iphone business, and analysts think apple shipped 45 million iphones in the quarter. now that would be, if it's true, the third straight quarter of declines. but bulls are betting this iphone cycle has now bottomed. they think the new iphone 7 is going to return this iphone franchise to growth. investors also seem optimistic. apple is now up nearly 20% in just the past three months. also in focus tomorrow, apple's business in greater china, where, remember, revenue did slip more than 30% in q3. so is that due to slowing economic growth, or has some analysts know, because local chinese brands are now catching up. and finally, apple did reportedly approach time warner about pursuing a combination. analysts just might ask cook about that on the conference call. dawson says cook was smart not to pursue that deal, though. better for apple to partner with content providers, dawson says, than spend billions acquiring them. bac

josh lipton brings us the highlights. >> apple ceo tim cook was on stage right behind me here where hethe thinnest, lightest and most powerful mac book pros yet. >> the lineup are the best notebooks we have ever made and they are the most advanced note books ever made. we couldn't be more excited about having our best product lineup ever heading into the holiday season. >> now these new mac book pros run sierra. siri also comes with the mac. among new features a multi touch keyboard when he uses the keyboard the controls change. the keyboard short cuts for e-mail are different than short cuts for surfing the web. battery life up to ten hours. the 13 inch with traditional keys starts at 1499. the 13 inch version starts at 1799. the 15 inch version 2399 and those ship in two to three weeks. q 4 apple did say mac sales slipped about 17% but if there is strong pent up demand for the new computers perhaps that could be a positive surprise for investors over the next few quarters. back to you. >> those are some pricey computers, josh. the touch part looks so interesting. are they the first p

let's get to josh lipton with the details. >> julia boorstin is interviewing verizon ceo at a conferencere in california where he is asked about the reports which we read that verizon might try to take $1 billion off the price to buy yahoo after headlines surfaced of the massive breach where hackers got ahold of a lot of information. >> we're referring the article. >> you saw the headline. billion dollar price cap. >> what i understand those that read the article they got one thing right and that was our closing stock price on the day of the article. >> now, mr. mcadam went on to say he was not shocked by the news of the hack. he said a state sponsored hacker has a lot of resources and capabilities. occasionally they can land a punch. he said the logic of the merger still makes in his words a ton of sense. kelly, back to you. >> thank you, josh. he could have taken the opportunity. if you read this article in the post wouldn't you think maybe we can get a billion dollars off. >> depends how the contract is written and has to be a material event and all of these different details have to

josh lipton has that story. >> samsung has been making headlines for wrong reasons with recall of galaxymorning the south korean giant did report better than expected results. the company said it expects to earn some $7 billion in q 3 operating profit. that would be about a 5% jump from a year earlier. sales expect today clock in at some 44 billion. that would be a drop of about 6%. investors and consumers have been closely following the ongoing drama surrounding the galaxy note 7. some tech reviewers called it the best big phone ever made. then there were reports of overheating batteries and samsung had to announce a global recall and problems con. this week there were reports that smoking note 7 forced evacuation of southwest jet. it did take a big hit in september but now it bounced back and hit an all-time high today. mark newman says the note 7 does pose a near term risk in terms of hand set sales and reputation but he said that q 3 performance reflects strong earnings from other divisions such as semis and display. by the way, final results are expected later this month. guys, back

. >> josh lipton has details on that story right now. >> that's right. pro builds its new hero five camera as the best ever. the company holding back on shipping the camera to amazon.com in the u.s. at least for now. and the reason what looks to be a dispute about pricing. remember go pro does set pricing guidelines for its products. it looks like amazon broke the guidelines for older models specifically on the hero 4 black and hero 4 silver. amazon did not respond to requests for comment. the news sending go pro shares sliding since amazon does represent estimated 10% of sales. piper murphy says this is a disruption of a key partner that she says was not considered in guidance. others note it is just temporary. that ahead of the busy holiday sales season. jp morgan's paul costar called the pullback a buy opportunity most likely he says more sales are going through gopro.com which does command higher margins. we will find out if that is the right call. go pro reporting results on 3rd. >> thank you, josh. online shopping these days. we will take a break w

josh lipton is outside of the google event in san francisco with some of the details for us. hey, josh. >> reporter: well, bill google ceo clearly getting very serious about hardware. that was one takeaway from this event. the star of the show was the new smartphone. it's called a pixel. i just spoke to google's head of hardware in terms of what he thinks makes this phone different. it comes ready and able with google assistant, the company's digital assistant, answer to apple's siri. making the case moving from a mobile first to a.i. first world. he think google has the advantage given all the data google does have about us after the months and years we've been using google search. the price is $649. now that is tricky because that premium part of the smartphone market is under pressure. google clearly believes it has the product to bring to market right now. another way the smartphone is different than the competition it comes day dream ready. remember google day dream is that vr platform. google's bet is that future vr is mobile vr. it doesn't think future is pc enabled or

but we begin with josh lipton with the latest on samsung's crisis from san francisco. josh? >> well, tyler, talked to tech analysts and they will tell you that this is simply unprecedented. yes, consumer electronics companies do stuff, recalls, always have, always will. but it is very unusual for a replacement product to be just as defective as the original. samsung has responded, the company saying for the benefit of consumer safety, we stopped sales and exchanges of the galaxy note 7 and have consequently decided to stop production. investors are responding. stock dropped 8%. its worst day there since 2008. and samsung's pain could be apple's gain. drexel's brian white thinks apple now has the chance to add at least 8 million incremental units this year. some are wondering what the real cause of this samsung issue is. remember, the initial explanation was at the note 7 problem was because of the faulty batteries but analysts say if replacement batteries had the same flaw, then that smacks of serious disorganization at the company, or the problem actually involves more than

to josh lipton. >> some news to bring you here on samsung.te 7, the kind of phones making headlines for the overheated batteries, reportedly began popping and smoking during a southwest airlines flight, forcing the evacuation of that flight while still on the ground at louisville. this apparently happened this morning. the phone overheating. smoke in the cabin but nobody was injured. the owner of that phone is telling nbc news this was a replacement phone that was sent to him. we reached out to samsung and we'll bring you their reaction when we get it. it has been tough news for samsung, not just the overheating batteries, this morning cnbc reporting that activist investor elliott management is taking aim at samsung yesterday, at that google event. interesting to hear the headsets could complicate that relationship with samsung as well. we have reached out to samsung. we'll bring you the reaction when we get it. >> josh, thank you. >>> oil closing on 50 bucks a barrel. where are prices going from here? the technicals versus the fundamentals n

josh lipton, christine, i'll start with you.is the most estimatized company out there, no surprise here. in general, your survey indicates people are much more bullish than what the consensus is. >> this is a big one for us. i just checked before i came on, we have 800 estimates ahead of the report. that will probably surpass a thousand by the time they report this afternoon. a little more bullish at this point, looking for $1.71 a share, that's a nickel higher than what the street is expecting, revenues at $47.2 billion. >> there are a thousand analysts that put out estimates or -- >> we're both professional and nonprofessional. we don't just collect from the south side but bye side. >> that number indicates how much interest there is. >> yes. >> interest and typically, like, melissa pointed out, more bullish. so we're more bullish and tend to be more accurate about 79% of the time than the street. >> so when there is this higher estimate from estimatized and the street, if it doesn't beat that, is that sort of like today's whi

joshua lipton has the details. josh?> kelly, if you're waiting for apple's new wireless headphones, you might have to wait a bit longer. a statement from apple saying the earlier response to airpods has been incredible. we don't believe in shipping a product before it's ready, and we need a little more time before airpods are ready for its customers. remember apple said those would be available sometime in late october. that product was unveiled in september when apple unveiled its new iphones, the 7 and the 7-plus which removed that headphone jack. apple not saying exactly when that product will be available. kelly, back to you. >> this is interesting, i guess. people already have the new phones, or do they not? >> yes. >> so if they have the new phones, i assumed these new whatever-they're-calleds will go out with the new phones. >> that was never the game plan. the game plan was these would come out late october. again, that's been delayed. it was certainly announced with phones and reviewers got them to test out the