we're going to get news on mac os. ios and watch os guys. >> kara swisher, jump in here with your quickeaction. >> sure. i mean it's an upgrade of a thing. el capitan is actually a rock formation in yosemite that people like to climb here. so again, it is an upgrade. he'll have a few new features but it is not a fully new system. a lot of people of course do upgrade as they improve these things but it is not a soup-to-nuts kind of thing. it is just fixing things that were wrong with yosemite adding to things and it is a part of yosemite but still again, it is a developers conference so it is going to be much smaller announcements here than people -- everything apple does is big, but -- >> every year they come out with a new version. they like to iterate on that versus the old days when you would have a shrink-wrapped piece of software it might only come out once every couple of years. they want to iterateablely improve. >> they are making things you can pin into safari. not a new thing, just improvements. another thing where the cursor blows up if you do certain things. again, kind of c

watch for a new mac os and the apple watch. if you are invested, these are how it's less developed since the conference of 48% in how they look in the free market right now. today's fun for developers i'm a fun for fans and users. not big for investors. apple shares have gone down slightly on previous investments. all of this to 1:00 eastern. sandra: the world has been waiting this and will be a big spot to fight killer as we actually see this coming to fruition. looking at apple shares as we head into the conference meeting today, appleshare 17% so far this year. lauren: it is really more for the casual listener. there was a right about the watch that it is for the most patient tech savvy consumer. so that would not be me. it would be the opposite of who apple targets because they are so user-friendly. we will keep watching all of that happening today. president ibarra in germany for the second day of the g-7 summit. what are we watching their. nicole: europe angela merkel merkel and the olympics were held, the g-7 are the big

we should see some updates to the mac os and hear more about the cloud.apple says more about them offering cloud services to developers so that as they build these applecations that rely more and more on intelligence not just on the device but in the cloud they can use apple as their back end for that and not just have to rely on a.mazon, microsoft, google o others. >> you raise a good point, john, and that's this conference is usually all about infrastructure and the plumbing behind these apple products. i'm wondering when you think about where apple is right now and what groundwork it still needs it to lay whether it's ios, watch development, or potentially smoke signals about a tv, what do you think we'll see today? >> well, if you're apple today, the issue you face is fwogoogle unit volume has an effect in the advertising market for mobile advertising. if you're apple, you're still earning a lot more per unit than android devices are, but the fwgap is getting smaller. it's about changes to the operating system that allow a apple to differentiate itsel

. >> reporter: also on tap, upgrades to ios, mac os and apple pay. expecting some kind of announcement with apple tv? that's not going to happen. app system reportedly still in -- apple is report city still in negotiations with broadcasters. the address at the developers' conference is at 10:00 this morning. we're live in cupertino. kiet do, kpix 5. >>> a south korean car company may get into the lucrative suv market. >> wendy gillette of cbsmoneywatch.com joins us with the latest. good morning. >> reporter: good morning brian and michelle. here on wall street the markets closed mixed on friday. despite promising news from the labor department. employers added 280,000 jobs in may. the dow lost 56 points, the nasdaq gained 9. >>> hyundai is considering developing larger suvs. based on the genesis luxury sedan. reuters reports it could take two, three years for a vehicle to become available for sale. the suv market is dominated by u.s. and japanese models. >>> and bank rate ranked the best cities to retire. three of the top five are in arizona. phoenix

>> we always get updates on mac os and ios as well.out apple's streaming music plans. the question is how much they say about streaming video. we had been hoping for some sort of hardware announcement. now everything we're hearing says we won't get that. lots of insight into apple's future based on the software moves they make. >> very interesting. i know we will continue to talk about that. will you be out there on monday? >> i will be out there on monday. >> carl will be there as well, i'll be holding down the fort. >> i don't know if carl will be there. >> simon thanks for joining us. we send it over to the half. ♪ ♪ >>> kayla, thanks, welcome to the "halftime report." let's meet the starting lineup. john najarian, with josh brown, steve weiss and rob seechen of ubs, one of barron's top advisers and cnbc economics reporter steve liesman and up in chicago, our very own rick santelli. our game plan today looks like this -- boom, then doom. it's the note that has a lot of big money talking this morning. why stocks will continue to

. >> reporter: also on tap, upgrades to ios, mac os and openable pay. -- apple pay. if you're expecting some kind of big announcement with the tv. that's not going to happen. apple reportedly still in negotiations with broadcasters not ready to announce just jet. the keynote address at the worldwide developers conference set for 10:00 a.m. the morning. we are live in cupertino, kiet do, kpix 5. >>> still ahead, rent already sky high in the bay area and thanks to the drought, millions of renters are facing yet another monthly expense. >> and with california's public pension fund, billions of dollars in debt. a new push to take the financial burden off of you used to sleep like a champ. then boom... what happened? stress, fun, bad habits kids, now what? let's build a new, smarter bed using the dualair chambers to sense your movement, heartbeat, breathing. introducing the sleep number bed with sleepiq™ technology. it tracks your sleep and tells you how to adjust for a good better and an awesome night. the difference? try adjusting up or down you'll know cuz sleep iq™ te

the one for your computer, mac os 10 and the one that goes in our smart on or iphone or ipod and that that is the one making the news because everyone is complaining your software takes up a lot of the drive inside the devices that we can't work a room world inside of it. apple has moved forward with much more streamlined version of its operating system. the bottom line in the takeaways we will have more room on her phone and it's also focused on being a lot more secure. stuart: nothing happened to the stock by the way. >> i just don't think music streaming and apple now playing what is essentially the catch-up to get out the violin and played a sad song to downloadable itunes music. i haven't done it in ages. stuart: they put on the stage at this presentation johnnie iv the great music guide. he said when it comes to his dreaming it is not the song you listened to. it is the one that comes next knowing that the next song is. that is important streaming. explain that to me. >> what apple has missed in the past is what he's talking about and that is why he spent $3 billion buying beads