microsoft, i'm not getting a good foeel for microsoft frankl, because -- >> well, aim surprised, because we got a great report from intel and the upgrade cycle alone should be good for microsoft, right? you have windows 7 looking to be a good product for the company, and yet you are not all that optimistic? >> well, the reason i'm not is that the computers are saying that in the short term, there is a lot of people looking to hedge and or bet on the downside short term. last quarter the stock moved 3% and they are pricing a 6.5% move in microsoft right now, but the problem is that they are betting on puts right now, according to the systems, and they are buying an awful lot of puts just like they were doing in qualcomm last night, and we know how that ended up. >> well, you see, doc, that is why it is important to watch the options action, right? >> yes, you have the watch the options. >> well, good to see you, and see you again, soon. coming up on "fast money," the best afterhours action on amazon.com, and american express, and microsoft. that is with melissa and the traders live at 5:0

microsoft last quarter was there for the trade. in fact, there was a lot of upside, this quarter, i feel like people got into the higher beta names. i think microsoft has upside to their numbers. >> what targets are you looking at? >> well, i mean, we've got a price target of $38. we do think you can see the stock trade up. it's been underperforming of late, and we think it trades back in favor if people think we're very close to the enterprise cycle. i think we've started to see a little bit of it in the march quarter. >> you and i have talked about microsoft back during the fall. it has been disappointing to me, when i've owned it. the question i have to you is, what's the revenue contributor in this quarter that takes it higher. is it going to be windows? what is it? >> i actually think windows 7, i think in general people are underestimating pc shipments, not just for the quarter, but for this year and calendar 11. i think it's windows and maybe a little bit on the server side. i think the other thing to keep a look at is defer

usually when intel does, microsoft kind of does, doesn't it? i think there is a lot of optimism going into these numbers. peter is right, when you look at the opportunity ahead of this company, there's been so much talk about where apple goes from here and the amount of market that's still left out there for the mac. when you talk about just the upgrade cycle alone, you've got something like 900 million computers around the world that are still running xp or vista. that according to pacific crest is a $50 billion opportunity for microsoft. even if the company attracts three-quarters or half of that, you're still talking about enormous money that this company is still standing to make. that's just on a consumer level. then you've got the server and enterprise side. >> jim lays out a good set of facts but there is this other ingredient -- emotion. people don't like microsoft and they love apple. >> well, not everyone. if you look at market share stats even amongst teenagers, college students, et cetera, you would say, apple's got to have 90% mark

this is the new look at the microsoft kin. this was microsoft's not so super secret project pink. the phone's designed to take advantage of the social networking crazy, cameras and feeds from facebook, myspace and twitter on the screen this a kin loop and available to share everything with those op your network. microsoft and verizon say the social networking is the key dif ren shea tor. >> you add kin to the family, the windows phone line is strong and important for the company. one we think we are successful with. a place where we are putting a tremendous amount of effort. this is another important step on that road. >> reporter: for microsoft investors hoping for a blackberry or iphone killer. this likely will not do the trick. that may be a disappointment as microsoft loses mobile market share. microsoft and verizon could use a hit right now. they think this is the phone that will get the job done. back to you. >> all right. jim goldman, i'm going to take it here. live at the harvard business school. from microsoft to twitter because this week we are hearing a business plan fr

. >> tom: microsoft also has been struggling to keep up with apple, rim, and others. the software giant has sold windows for smartphones for many years, but its mobile operating system has been steadily losing market share. so today, microsoft kicked off what it says will be a year of smartphone launches, starting with what it calls the kin. as scott gurvey reports, the kin is aimed at a very specific kind of user. >> reporter: the kin is a phone-- actually there are two models-- designed specifically for the social networking crowd. you can reach your friends on twitter, facebook, and myspace on the popular apple iphone, rim's blackberry, and the motorola droid smartphone. but you usually have to use a separate app for each. the kin shows them to you all at once; it even differentiates between casual contacts and close friends. it makes it easy to share their experiences and broadcast your own, including swapping photos and video. microsoft's robbie bach says the kin plays to a key market. >> there is this emerging segment called social networkers that really push th

. >>> microsoft stumbles, amazon trips up. your early morning business headlines is ahead. >>> jennifer lopez, will she fly or flop this weekend. >>> round one of the draft, chicago bullies the calves and the yankees do something they haven't done in 42 years. you're watching "early today." welcome back to "early today." i'm lynn berry, and here are some of your top headlines this morning. last night the state of texas carried out its sixth execution of 2010. 31-year-old william jay berkeley died by lethal injection for the murder of 18-year-old sophia martinez back in 2000. an appeal by berkeley's attorneys was turned by down by the supreme court yesterday. >>> the justice department will appeal a federal judge's ruling that a national day of prayer is unconstitution unconstitutional. the judge likened the day to, quote, encouraging citizens to magic. >>> leading a pentagon prayer service calling islam, quote, evil. >>> and in missouri, a convenience store clerk has 258 million reasons to smile. the 29-year-old is the state's

brian kelly, what do you say on microsoft? >> well, you know, what i say is i wouldn't buy it with eugene's money or government money or anybody's money. i just think that the problem you're seeing with microsoft is that software is now free. now, i know there is the windows 7 upgrade but when you talk about oracle who just bought sun and they have the open office system and you talk about google docs. less of a reason to buy microsoft products. i would rather be in the other names than microsoft. >> okay, we are going to take a break here on the halftime report. but do not go anywhere. back in a minute. >>> the drama next week will it derail the rally from earning season fears to the greek saga and the goldman testimony. how to trade the obstacles that lie ahead. tune in tonight so you can master the market on monday. fast money at 5:00 p.m. eastern only on cnbc. >>> welcome back to the fast money halftime report. brian you have a name because of the durable goods number. >> in the durable good's report the cap x spending was

microsoft is a deep longstanding community including children who use our software and services.o begin by discussing microsoft comprehensive approach to protecting children's privacy online. i will then identify those areas where we've made progress over the last decade and highlight a couple of key challenges to remain. this hearing is timely. ten years ago this month the federal communications role was in effect. the data goal is to preserve the inactivity of children's experience on the internet while protecting the privacy. that goal remains the essential today. researchers have found that children gain important educational and social benefits such as increased opportunities for loving and creativity while engaging in interactive activities online and children are realizing these benefits as the increasingly use new technologies to access the internet. including mobile phones, video game consoles and portable media players. but as we all recognize these interactive technologies often enable consumers to his close personal information online and children and of falling under

shares of microsoft came into the report at more than a two- year high. the initial reaction saw the stock drop about 4%. american express came into its report at a two-year high. shares may be poised to add to those gains. it was up about 2% after these numbers. the bottom line beat by a dime per share. amex card spending jumped for corporate and small business users. and the firm set aside less money for bad loans. it was a strong quarter at amazon.com as well. profits and revenue were better than expected. the problem, though, came with a disappointing second quarter outlook. after hitting a new 52-week high during the regular session, after hours, shares were down about 5%. several health care companies this week have dialed back profit forecasts because of health reform. the latest is baxter. the lowered guidance comes after first quarter results came in as expected. but the firm says the health care reform law, and a lowered plasma products forecast will hurt 2010 profits. that sent baxter stock to new lows for the year. the new health care law expa

next is mike hintze, the associate general counsel at microsoft. nexus katherine montgomery, ph.d.. she is professor of school of communications at american university. next is marc rotenberg, executive director of electronic privacy information center and last and certainly not least is that the children's table here. [laughter] our table was only so long this morning but anyway, we have berin szoka, senior fellow, director of the center for internet freedom and the progress and freedom foundation so thank you all for being here and ms. rich if he could lead us off. >> mr. chairman and members of the committee i am jessica rich, deputy director of the bureau of consumer protection at the federal trade commission. i appreciate this opportunity to update you regarding the ftc's work to protect children's privacy and enforce the children's on line privacy protection act or coppa. we submitted a written statement today which represents the views of the ftc. the views expressed orally and my responses to questions or my own and do not necessarily reflect the views of the commissioner or

i appreciate the fact that microsoft and facebook are here. i do not appreciate the fact that apple and go on not here. i'm curious as to why they are not. was it too expensive to send an associate or legal counsel? were they trying to avoid something? were they trying to hide something? when people don't show up when we ask, i have this power of subpoena which i would love to use. i have not to this point. it increases our interest in what they are doing and why they did not show up. the made a stupid mistake by not showing up today. i say shame on them. this is an introductory hearing. we are starting an important public discussion. all of us here are tremendously interested in this part o. children's safety comes first always. we begin and as the chairman has said, this will be the first of a number of hearings. children are to be taken seriously they are not. they are part of an age that we are not part of in technology. it is dangerous for them. there are all kinds of horrible things they can see and parents don't know about it. they don'

for a while, but then, after working for microsoft, you start your new company. before we know it, there is a high tech bloon. i am very concerned that this policy is really damaging our country. it is turning us into a group where growth is coming from ideas, but people have the advantage to move their good idea people somewhere else. that cannot be good for the country. >> economists who study innovations a that there are really two schools of thought. it happens because to do things and you do them better. if we stop doing that, we will miss that innovation. another 21st century industry is financial-services. much of our regulation of financial services draws its breath from the depression-era legislation. i am a little bit surprised that much of what just happened seems to be unrelated to the policy discussion. we need better consumer protection, but that does not really get to what happened. the volcker rule has nothing to do with what just happened in the financial crisis. this is clearly an area where we need regulatory measures. >> one more question, and

i think that's what microsoft is also looking at from the perspective. this space by 2013 is projected to be about 150 billion-dollar industry in cloud computer. so it makes a lot of sense that everyone is looking at this, this aspect. but at the same point for a campaign perspective, there is no concern. it is just in my opinion a matter of education. >> josh, anything to add? >> yes, real quick. i don't mean to be a downer, but i think addressing these separately, on the cost issue i think by and large when folks are migrating towards the cloud, you are actually achieving lower cost. but this isn't always the case. and i think that, a healthy dose of skepticism, just because it's in the cloud means it's going to be cheaper is definitely worthwhile. when i work with campaigns across the country and i advise them, just like everything else, you should have a healthy skepticism and make sure that just because it is in the cloud doesn't necessarily mean it's better. i think there are advantages, which we will talk about today. but i think that's an importa

but teaming up with microsoft to make it happen. >> microsoft home and ford motor company are takingirst step to help facilitate effective energy management between consumers, plug-in electric vehicles, and utilities. >> but you know what? i may just be getting used to this anyway. i'll see you, folks. ♪ to everybody that be living it up we say ♪ >> i have two questions for you. >> one? >> one, do they have to use the jaws of life to pry you out of that little tiny car? >> they had to butter my rear end to get me in that car. let me tell you. >> tmi. >> second question, what's the trade? >> no, actually, it's not true. i'm not a small -- i'm not -- >> what's not true? >> i'm not pete's size. but you know, i'm 6'3", 220. and there was a lot of room in that car. it looks like the size of my little pet shop car. first of all, thanks to the guys -- it was a mercedes dealership on the west side. mercedes designs these smart cars. so thank you folks for having me down there. gets up to 90 miles an hour speedwise, gets up to 41 miles per gallon. the trade out of these things, because a lot

that's what microsoft home system does. it helps to manage the electrical use once so many of our families begin to plug-in our cars. >>> well, acura has a new car out that you might want to take a look at. take a picture of this. it's the 2010 acura tsx wagon, a smaller crossover vehicle, which means you get a lot of room inside, but still get good gas mileage. it'll go on sale this fall. mom and dad will spend about $29,000 on it, and you can actually fit five passengers in it. from acura, it's called the tsx wagon. >>> well, another suv a lot of people are oohing and ahing over is from infiniti. it's this -- the 2011 infiniti qx56. first-class luxury for a whole lot of people and a whole lot of room inside. eight-passenger seating, but take a look at how much space you get when you fold all those seats down. you'll do so by just pressing a button, and they'll go down electrically. it will be on sale late this summer. price point, $56,000. >>> well, from kia, they're showing off their lineup. this is an all new optima. yo

investors were apparently hoping for more from microsoft. the company's stock fell in extended trading, despite a strong quarter. microsoft's profit jumped 35% from last year. the newest version of windows drove sales. as companies spent more on new computers. >>> and shares of amazon are set to tumble after a disappointing sales forecast for the current quarter. but sales did jump more than 70% for the first three months of this year, as consumers started spending more. the company is sending more electronics and general merchandise, in media, such as books and movies. >>> a report out this morning is expected to show sales of new homes rose last month, rebounding from record-low levels in february. sales of existing homes rose more than expected in march, jumping nearly 7%. first-time buyers accounted for nearly half the sales, thanks to the government's $8,000 tax credit. >>> in today's "usa today" tech report, a look at computer brain games. a study released this week finds they may not increase your brain power or i.q. and while the jur

they've just had this microsoft search deal kind of put in place over the last six months or so. maybe it's just a bet on a stock that's been a laggard. >> going to move on here because it is time for the up side call, where we show you how to manage a winning options trade. now, until today picking losers in this market has been tough. but mike identified one name and tripled his money on the way down. here's how he did it. on "options action" the only thing better than risking less is making more. and that's what mike did with his bearish bet on monsanto. >> what i'm looking at doing here is buying the may 70-65 put spread. >> mike, mike, mike. it's "options action," not a french film. break it down. mike thought monsanto's stock was a bad seed, so he looked at technical analysis to confirm his suspicions. enter carter braxton worth. >> the stock market over the last year and a half is surging. monsanto not participating. 70, 70, 70, and now hovering at 70. the presumption is a bad break to the down side. >> bingo, mike thought. shorting the stock would have exposed him to limi

tomorrow the market will probably be down off of amazon, microsoft. get a chance to buy some under 7, that would be a terrific place to pull the trigger. let's go to lucas in minnesota. lucas? >> caller: big boo-yah to you, jim. my question is with the economy on the rise, should i hang on to adm or sell them? >> archer daniels, i'm going to give you a twofer and also tell you to sell dean foods. this is not the kind of stock we want. the only food stock that really i'm kind of gaga over was hershey's. but that stock went up so huge i no longer want to recommend it. general mills, it's the best there is, and it ain't moving. let's stay away from the foods for now. if you need yield go to altrius and hold your nose, i know, tobacco, maybe i shouldn't be wrecking it. but take that dividend and go set up an anti-smoking clinic. go support d.a.r.e. let's go to dick. hey, dick, what's up? uh-oh, i'm looking bad out here without a net. hey, throw me some kfc, throw me a colonel. anyway, don't be fooled by the press releases again. coke went down while yum w

neither microsoft nor google will be able to solve it 100%.they are a lot better than me trying to hire somebody security person in a campaign that is only spending $30,000 in kansas. they just do not have the resources, let alone in building their website. >> that is a really good point, certainly for organizations depending on their size and scale. it is a totally different question. we have asked a lot of hard security questions. i am not sure there are perfect answers. there are not. this is an important distinction to make. we need to look at the users here. who are the users? what are we capable of? what republicans are people all of -- what republicans are capable of or the dnc -- it is very different. that should drive the security. >> i will give you a little bit more detail. they will have to have more transparency to give you access to the data you want. i agree with the stan, that he will have to give a feeling for a need for control -- you will have to give up appeali feelingf control. it is a control and cultural issue and it wil

but how can you make money in microsoft ahead of earnings tomorrow? a strategy you won't want to miss. >>> plus, a trucking stock that topped the tape. should you enjoy the ride or ease on the brakes? all that and more as america's post-market show continues. ♪ i'm in the house >>> welcome back to "fast money." we are live at the nasdaq marketsite in times square. we are watching starbucks now in the after-hours session actually starting to tick higher. brian kelly is all over that report. brian, are they talking about via? what are they talking about? >> they're talking about same-store sales, cost-cutting, and they're talking about seattle's best coffee at burger king. let's not forget that. what they've done with this company is cut costs, stopped growing the stores as fast, and focused on the profitable ones, and that's what's happening here. look at the stock in the after-hours trading 25.75, something like that. if this thing gets through 26 you're going to have a lot of breakout signals technically. >> did they say anything about new peak margi

microsoft's answer to the iphone. and a new place to look forele a nook. >> microsoft has its two new phones aimed at social networking young people. they have a touch screen and are designed to link your phone, the photographs, and social web sites. it will be sold in early may online and soon afterwards in verizon stores. a game company is the first to make games for the ipad. in one of them you create wonders and inspire followers on a cartoon planet. >> even though it is not a completely original concept, it's one of the better offerings on the ipad right now, something that you can pick up easily and put it away. you cannot play the game unless it's connected to wireless, which is annoying. it's free and it's fun that anyone can play. >> if you can download it from the application store for free. people in the market for barnes & noble's nook will soon be able to get them at best buy. they go on sale on sunday, april 18. the spot will include barnes & noble electronic reader software off on some of the personal c

which means don't buy microsoft's package of software for 400, 500 $300 a package. let us store all your information. we have all this data centers. let us store it in our cloud. and we'll follow you anywhere, it will be portable. but if you don't trust that that cloud information of yours is secure as you have no reason to be when you saw what happened in china, are you not going to be bet on cloud computing. will you go back to that package software that you control. so i think there was a business reason as well as an emotional rightous reason for doing what they did. >> rose: and where is microsoft in all of this? >> bill gates has been quoted as saying that countries have a right to have their own laws and their own policies. and we're just visitors. >> rose: so they say look, whatever they want to do they can do. >> to my knowledge every business has done the same thing except google. >> rose: and what is the financial and economic consequences of making the decision that google did because of sergei's very strong passionate feeling about freedom. >> i think,

so i told microsoft. and look at this. windows 7, with this new taskbar. can see everything that i have open. it's just miles simpler. i told them what to do and they did it. i could really get used to this. onwards driver! i'm a pc and windows 7 was my idea. honey! [ giggling ] what are you looking at? [ screech ] [ male announcer ] need a moment? ♪ [ crunching ] i'm looking at potential babysitters. awww, that's so sweet! [ male announcer ] when you need a moment, chew it over with twix. >> dicky: from hollywood, it's "jimmy kimmel live!" tonight -- gerard butler. from "flash forward", gabrielle union. and music from jamie cullum. with cleto and the cletones. ♪ it's "jimmy kimmel live" and now, don't argue. here's jimmy kimmel! [ cheers and applause ] >> jimmy: welcome to the show, i'm jimmy. it's good to see you here. thanks for interfacing with me tonight. let me tell you something. i am -- i am completely moisturized right now. i recently begun moisturizing. my doctor told me i have to, or else i'll die. i've got a big plastic pump bottle of body loti

goog google's higher, microsoft is higher. microsoft has added a little bit since last time i saw you, up a little over 1%. intel is a fractional mover to the up side. look at palm, though. a lot of takeover talk around this stock over the last two, three weeks or so. the stock had run up on that news. the stock is giving back about 7% right now. it was downgraded over at morgan keegan. a couple quick others. cognizance down better than 1% on a downgrade. f-5, watch it as well, downgraded. sharon epperson is at the nymex. >> as equities are holding their own, scott, oil prices are coming off their lows of the session wlgt l. we're up more than $1 from the low of the session. keep in mind, as well, though, there are a number of factors trading are putting to it that occurred last week that indicated prices may be falling. one is the options activity we saw last week with growing open interest for june puts at $50 and $60. that is an indication that perhaps we're going to see prices falling, more likely than prices rising in the

with bing- the decision engine from microsoft. to create thermocontrol™.hletic fabrics in mind, stayfree® with thermocontrol™ quickly wicks moisture away for exceptional dryness. thermocontrol™ only from stayfree®. michelle: girls, you know what that means... all: one...day...wonder boy! boy: polos for the family, $5. saturday only. michelle: hello polos... wesley: hello? children... announcer: one hot one day wonder from old navy: classic polos $5. saturday only. ♪ [ cheers and applause ] >> jimmy: welcome back, everybody. and thank you so much for watching at home. i appreciate it. everyone knows that we spare no expense on this show bringing you the latest in entertainment technology. whatever it takes, we're going to do it. i think you'll see what i mean in this next game. get ready to "put it in reverse." ♪ ♪ put it in reverse [ cheers and applause ] >> jimmy: welcome to "put it in reverse." the game where contestants compete to see who can best act out a scene in reverse, basically backwards acting. the scene is then played forward and the audience w

the first question venture- capital must ask when you go to them with an idea is what will microsoft do? the answer is, they will cut its price on any product like mine down to zero. the venture capitalist says, get financing from your family. i think we have to stop predatory acts by incumbents. >> i am not short if peter is here, but in his absence, i wanted to bring of your suggestions to resuscitate fannie mae and freddie mac. if indeed mortgage securitization business is an economically viable one, why can we engage with that with appropriate regulations? >> i think they would. what i was arguing for was whatever system we can come up with, it should relate to the positive externalities' of home ownership, which are not reflected in the price of home ownership. when i buy a house, the value of reduced crime rate is not fully reflected in the price of the house. i would not -- i would try to get the politicians out of it. they have an incentive to make houses available. i would prefer the market, but i would prefer the markets with some form of subsidization that does not go as c

from microsoft. but we're not eing any new products from this new management team.vehicles. getting costumers to go back to the showrooms and look at g.m. vehicles. because too many=) americans don't even go to a g.m. show when they're thinking of buying a car. >> how are they doing that? >> they got rid of four brands. they dropped hummer, saab and saturn, and they're putting more marketing resources into these four brands, and they put more money into research and development and interiors, to basically compete better against the foreign imports. >> and they have this new volt, chevy volt coming out?ç >> that's the halo car. they're only going to sell 8,000 or 11,000 the first year. they want people to come in and look at the vehicle that will get 40 miles in electric power. and another one of the high mileage traditional cars. like the toyota prius. the prius gets a lot of people to go into the toyota showrooms, but a lot by the camry or corolla. >> how much did he change the management.ç when he came in september, he ousted a company insider. and whitaker doe

now microsoft's project natal we will see by christmas this year. and sexy on the screen because everyone has an x box. what it does is attaches to current x box and gets you off the couch. so governor, stand up. >> mike: okay. >> imagine you walk into the room. the camera so ever there. you walk into the room and you walk in and it says good morning, governor. the machine does this? >> it's going to recognize your face and it's going to recognize your body and it's going to say hello, governor. would you like to play tennis today? >> mike: yes. i would love to play tennis today. >> grab your react, governor. >> mike: do i need a physical one. >> your body becomes the react. you sit litani materially show your hands and the machine will recognize your hands and you can begin to play tennis. i got to demonstrate. i was one of the few lucky ones to get to demonstrate a beta version of it. >> mike: was it eerie? >> it was eerie because i was playing dodge ball and all these things are flying to my face and react to and kicking as this stuff is flying a

we'll also get earnings reports from amazon, microsoft and pepsi. wednesday was a quiet day for the market. the dow gained about 8 points while the nasdaq added 4. >>> starbucks is getting its buzz back. profits for the coffee chain rose more than eight-fold as more customers visited its cafes and spent more money when they did. this was the fourth consecutive quarter that their profits increased. >>> apple was another big earnings winner. shares soared to an all-time high after the company posted a 90% jump in profits, well above wall street expectations. >>> president obama suggested wednesday that a new value added tax on americans is still on the table. in an interview with cnbc, obama said a value added tax works in other countries and would be novel in the u.s. many european countries impose a value added tax which taxes the value that is added at each stage of production for certain commodities. >>> well, ben franklin has gotten a high-tech facelift because counterfeiters love $100 bills so much, the government unveiled a new one wednesday. i

. >> coming up next, former president of bill clinton and microsoft chairman bill gates discuss healthcare and developing nations until then president obama speaks in north carolina about the economy and health care. following that, in the that the potential impact of the new health-care law. >> this weekend on "book tv," rebecca skloot on "the immortal life of henry aetietta lacks." find the entire weekend schedule i ooktv.org. what of this month, s.c. the winners of c-span a's studentcam documentary competition. middle and has a student submitted videos on one of the country's greatest strength and challenge it. what the top winning videos every morning on c-span at 650 eastern just before "washington journal of " a a a 30 a.m., meet the students who made them. for a preview of all the winners, visits studentscam.org. >> of bill clinton and bill gates testified before the senate committee. they both support the proposal to increase foreign aid for treatment of diseases like to grow callouses and hiv/aids. this lasts about -- like tuberculosis and hiv/aids. this last about two hours. >> t

ibm, coca-cola and microsoft among them. travelers corps and verizon, however missed analysts' expectations. >>> it also kept the markets at a steady pace all week with limited volatility. general motelors announced it is repaying $5.8 billion in loans to the u.s. and canadian governments five years ahead of schedule. the remainder of the $49 billion loaned to gm was converted to stock still held by the government. while corporate earnings seem to point to a more robust economy the debate over financial reform is heating up in washington and wall street. how will the changes impact the strength of the economic recovery. edmund phelps the 2006 nobel prize winner and director of columbia university's capitalism in society. it is wonderful to have you on the program. good to be here. >> so this week the president goes down to new york, sells his agenda, tries to sell the agenda for increased financial regulation, putting the blame on the crisis on failure to take responsibility. the senate is close to working out the legislatio

but google is taking on microsoft in a real money maker which is word and excel.

. >>> microsoft's new phones are here. the kin 1 and kin 2, have multiple finger-touch screens.he kins will be sold online in early may. and in verizon stores soon after that. there's no word on how much they will cost. but they're reaching out to people who are into social networks like facebook. >> like everyone right now. >> pretty much. >>> coming up on this tuesday morning, extreme force by police officers, called into question, after the release of this videotaped beating. >>> and jackie kennedy's unforgettable voice, about to be heard again, more than 15 years after her death. [ female announcer ] grass stains, believe it or not, i have missed you. pollen in the air kept hunter cooped up itching his eyes and sneezing. but now i found zyrtec®. it's #1 allergist recommended. with children's zyrtec® he can get 24-hour allergy relief indoors and outdoors. ♪ now he can run wild... with the rest of the pack. with children's zyrtec®, he can love the air®. [ male announcer ] this week only save up to $12 on zyrtec® products at zyrtectv.com and in sunday's paper. >>> unusually str

microsoft was the biggest percentage loser after its earnings call last night. the stock saw very heavy volume. another dow stock turned in its financial report card today. results were very disappointing for traveler's insurance, missing estimates by 15 cents. the earthquake in chile and east coast winter storms took their toll. the stock dropped a little less than 1% but on heavier volume. an old stock name is seeing some new life. xerox has long been known for its copier business, but it's been trying to remake itself into a more complete business services firm. first quarter results saw a huge jump from a year ago and easily beat forecasts. the acquisition of affiliated computer services helped. xerox bought that firm to spearhead its corporate makeover. shareholders loved the quarter, bidding the stock to a new year and a half high. the firm also boosted its 2010 guidance which helped the buying interest today. >> susie: elkhart county, indiana has been a poster child for the ravages of recession. but now the home of the recreational vehicle industry is mak

this is my first chance to testify in congress since i stepped down from my full-time work and microsoft and began full-time as co-chairman of the gates foundation. gates foundation. the foundation has been i want to be able to get more involved in the work and make sure the money we spend has the greatest impact possible. global health is the major focus as far as giving. we are working on other poverty issues. about the same time, if the u.s. government started a significant increase in global health spending this committee has been instrumental in making that happen. i wish that every american understood how well the investment in global health are working. the success of polio we are near to eradication. the success of malaria were the target countries are down 50%, including rwanda and zambia. the 4 million people receiving aid treatment that would have died years ago. my favorite statistics is that since 1960 the number of children who die every year has dropped from 20 million to less than 9 million. things like new vaccines deserve a lot of credit for that. the united states is t

. >>> microsoft co-founder bill gates has given away billions of dollars through his foundation. today he announced a new initiative designed to help the world's hungriest people learn to feed themselves. it launches a $900 million fund to help the world's poorest farmers. >> we are investing in small farmers is an incredibly infective way to fight hunger and poverty. >> gates and u.s. treasury secretary timothy geithner says it's time for other countries to make good on the bank pledges of $22 million for global security which was made last year by g8 and g20 summit. a quarter of a billion people who live in extreme poverty depend on agriculture for a living. the gates foundation is chipping in about $30 million. >>> ben franklin is back, he's rested and he has a new look and armed and ready to fight new crime as well. how new crime fighting cash is targeting crooks. >>> and two friends are not only growing old together, they are kind of growing out together. wow. meet the newest contestants hitting the scale for the brickover challenge. >>> currently at pioneer ridge elementary

>> evian, microsoft, gaming videos, stunts. yeah, just the whole gamut. >> we were looking at the baby video. 7 million viewings on youtube? >> 70 in the u.s. 92 worldwide. >> is this the best way to sell evian water. there's a pink screen with a slogan. there's evian bottles they use as a slalom. >> the vw ad doesn't even have a car in it. how do these videos work if they're not showing the product that they're advertising? >> the hard sell does not work on the web. if you want to do that, do a tv ad. if you want to create entertainment, the web is a great place to do that. >> what is the new model of advertising that youtube created? >> youtube has caused a creative revolution in advertising. if you make something people want to watch, they'll pass it around, comment on it. >> yet i thought the internet and google was going to take away brand impressions and image in favor of if you click on it or not. do you click on it to buy it. that doesn't do anything for this. >> this is brand advertising. this is a whole new world for

this report was the first to include a web search revenue sharing deal with microsoft. while the dow was up for the eighth session in the past nine, a couple of earnings calls were a drag for a few components. big blue was the biggest percentage loser after its better-than-expected earnings last night. the rate of growth got a lackluster response from analysts. coca-cola uncapped its earnings, beating the street by a nickel, excluding charges. its international business continues to fuel growth as north america sales volumes continue to drop. coke stock has been stuck below $55 since mid-january. today it slipped 1.5%. it is buying most of its biggest bottler to rev up its u.s. business. earlier you heard scott detail the goldman business model. that model led to profits jumping 91% from a year ago, even as the stock was weaker today. here are the numbers, with bond underwriting led the way. of course, the profits come as goldman is defending itself against the federal fraud charges. goldman's troubles aren't confined to the u.s. the "wall street journal" reports britis

this is my first chance to testify in congress since i stepped down from my full-time work and microsoft and began full-time as co-chairman of the gates foundation. the foundation has been doing work for over eight years to drive these health issues and i have been very excited to be able to get more involved in the work and make sure the money that we spend has the greatest impact possible. global health is the major focus of our giving. we also have been working on other issues and one that focuses on education. about the same time as our foundation was getting going, the u.s. government started a significant increase in global health spending. this committee has been instrumental in making that happen and making sure the money has had a huge impact. i wish that every american understood how well the investments in global health are working. the success with polio, where we are quite near to eradication, the success with malaria, where deaths in many countries are down 50%, including rwanda and zambia, the 4 million people receiving aids treatment that would have died just years ago. o

payment during the quarter, however, microsoft also trading to the down side along with yahoo! meantime, cyber source is one of the stocks this morning we're watching. this is a company that does security transactions. meantime, it's being acquired by visa for $26 a share. it's a $2 billion deal. google is up as well this morning. cree is a big loser after the earnings, despite boosting the outlook, not as much as people were expected. expectations will get you every time. rick santelli is in chicago. >> thank you, bertha. you remember not that long ago all the anxiety and tears over, hey, quantitative easing's done, the fed may not buy any more mortgage securities, interest rates on mortgages are going to fly. did you look at the data today? 505 on a 40-year, these are the lowest interest rates in weeks, according to the api -- i'm sorry, the mba mortgage bankers association. what's interesting here is everybody tended to focus on no more buying. they should have focused on we're not selling any more of what we already own. interest rates are moving to bid in the u.s. but were

might have been a microsoft millionaire's wife or somebody like that. >> guest: those are my readers. [laughter] >> caller: but, well, this one, i don't think she appreciated the book. it was just a guess on my part, but i think an educated guess. in any event, i'd like to know your opinion on bush very gore if you haven't already discussed it -- i missed the first hour -- and thanks again for a wonderful program. >> host: well, we haven't discussed it, so thanks for bringing it up. >> guest: it was a travesty. it was one of those decisions, i think, the court will rue for a long time. it was pure judicial activism. it was the court reaching out to cut short the process that the founders certainly intended for the house of representatives to resolve. not the court. >> host: do you think al gore ultimately would have prevailed? >> guest: not necessarily. not necessarily, but i'm talking about the process. i don't know what would have happened. you never know what kind of deals can be made in the house. we have precedent for things being resofted by -- resolved by the people, if you wil

venture capitalist is when you go with an idea, let's say it's in the software business, what will microsoft do? now, the answer is well, it's going to cut its price on any product that's like mine down to zero, the venture capitalist knows what to do. he goes home. and he says, call your family for financing. so i think we have to stop predatory acts by incumbents. and i think it wouldn't bother me if we had a particularly rigorous standard somehow related to market share. but that's a whole other story. michael? >> michael barone with aei and the washington examiner. i'm not sure if peter wallaceson is here -- >> i wish he were. >> his absence -- i wanted to bring up the fannie -- your thing to resuscitate fannie and freddie. >> wait, wait, wait. >> if the mortgage securitization business is an economically viable one, why will not firms engage in that with appropriate regulations? as you mentioned, as they do as i understand in other things like credit card securitization and so forth? >> well, i think they would. what i was arguing for, michael is not the resuscitation of fannie and fred

scott nations shows you how you can mint money off microsoft, whether it goes up, down, or nowhere at all. "options action" begins now. >>> and welcome to the show. i'm melissa lee. these are the "options action" traders here at the nasdaq marketsite, home to the world's third largest options exchange. days like today are why you need to know about options. let's get in the money right now with earnings for the brokerages just days away what is the options market telling you? we saw huge spikes in volatility today. how do you read the tea leaves as to what it means for the -- >> i think investors in financial companies thought they were off to the races after seeing jpmorgan earlier in the week and bank of america today. you know, this goldman news today, we said it a couple weeks ago, goldman sachs has been like the government's pinata in the financial industry. well, today the s.e.c. took out a really big stick and got the innards out. okay? is this an isolated situation? i don't know. we'll talk about it. for earnings next week, goldman reports next week, probably what i would have

but according to s&p, now number two, there you have it, topping microsoft. anthony, you crunched the numbers. you were here the other day on the desk and you were talking about your concern about apple reaching the quarter trillion mark. that is the significance of that when we have a company that seems to be firing on all cylinders, it's got a pipeline, it's got even great momentum in what would be some of those legacy products if you can even call the ipod that. but some people are saying -- >> and it's got a growth -- despite the size. >> hold on. let him answer. >> to protect myself against gary. here's the thing you need to think about. at $250 billion of market cap most of these stocks start to flatline. it's mean reversion. and they just can't jump higher than the increasing in the analysts' estimates. we have several charts up right now. just showed you the biggest names, they start to flatline. now, apple may be different, but it's going to be going against history if it can outmatch, that what you see on that chart. go ahead, gare. >> and the point