would you bike microsoft?r ties. >> you go to california and there are no ties to be found. >> and we talked about it the other day. you probably get a bounce. i didn't think it is going to bounce like this. that's correct. >> all right. let's switch gears here. in case you missed some of today's top moments. >> consumers were out there buying and flying. we were having a grand time until the government shut down in october. we're still looking at a very good fourth quarter. >> is this going to be a sweep? >> i don't think so. i think the cardinals are an outstanding team. we did get off to a good start. john lester pitched a brilliant game. this series is going to go very deep. >> that's the period of time during which employers were looking forward to obama care taking effect. >> mr. icahn wants to buy apple for $150 billion? that is choking up jim over here. >> right now? >> after 525. at the current price. >> the company sells for $450 billion. obviously everything is related to the size of the situation.

. >> and microsoft coming out next week. tell us what you're expecting there and this has been a really volatile year for microsoft stock. is it a buy at 34? >> at 34, we think microsoft is still very attractive. there are a number of things that work in microsoft's favor fundamentally. the growth in terms of cloud computing. microsoft is coming in as a strong contender in that area, strong reception for the products and office 365. and if we look at what is going on in terms of microsoft from a governance standpoint, they before l bring in a new ceo and there will probably be changes made which may create value for shareholde shareholders, it continues to be an attractive stock. may not beat the numbers on the 25th, but we think a good number. >> the relationship with nokia and google with the mobility, that acquisition has not exactly paid off mobility at google has not really worked for them. what do you think will happen for microsoft? >> you have to look at the reasons the companies are making acquisitions. they did get

. >> and microsoft coming out next week. tell us what you're expecting there and this has been a really volatile year for microsoft stock. is it a buy at 34? >> at 34, we think microsoft is still very attractive. there are a number of things that work in microsoft's favor fundamentally. the growth in terms of cloud computing. microsoft is coming in as a strong contender in that area, strong reception for the products and office 365. and if we look at what is going on in terms of microsoft from a governance standpoint, they before l bring in a new ceo and there will probably be changes made which may create value for shareholde shareholders, it continues to be an attractive stock. may not beat the numbers on the 25th, but we think a good number. >> the relationship with nokia and google with the mobility, that acquisition has not exactly paid off mobility at google has not really worked for them. what do you think will happen for microsoft? >> you have to look at the reasons the companies are making acquisitions. they did get

we have a shares of microsoft microsoft jumping after-hours. they look very healthy, nice beat. >> pretty amazings because they have different segments within microsoft. we're seeing the stock right now moving higher. earnings per share, revenue beat. let's break down the numbers. earnings per share at 63 cents versus estimate of 54 cents. as a result you're seeing winner there. revenue for the quarter, 18.53 billion versus a estimate of 17.79 billion. certainly looking good, liz and david. the other thing we should note when looking at the numbers, they talk about the surface debacle and now microsoft is recovering from that. you can see the bid ask looking good. closing 33 and change. looking higher, closer to 36. in addition to that devices an consumer hardware revenue looking good and seeing a pop as well. 1.94 billion. overall we see growth for microsoft. dow component, one to watch tomorrow. looking good. liz: nicole, indeed, thank you very much. david: we have more on amazon and microsoft quarterly results. let's break down the results w

i want to talk about microsoft.st, it's steve ballmer, he announced his retirement and reuters reports three big investors in microsoft. they want the founder bill gates to step aside as chairman. i do own some microsoft stock. i'm going to start with you, liz. this looks like the sweeping away of the old guard. first balmer and now gates. >> that's right, out with the old boss and in with the new boss. if bill gates is on the special committee that picks the new ceo. i think that the three anonymous investors, we still don't know their name, are tired of the direction of microsoft. they want a new compelling vision, not one that is consistently chasing google or apple. stuart: put up the video of steve ballmer, he was in tears, and no that's at the developer's concert. running up and down the stage, development, development, development, development and the yellow shirt goodbye, he cries. he's gone and they want bill gates to step aside and that turn, turn that to alan mulally. he runs forward and he's supposed to

so don't count microsoft out would be my advice to investors. >> john, some have argued that microsofttnerships, but in the last 12 months or so, they have tried to start things vertically, let's do softsoftwa hardware, services. the kinds of things that apple and google do very well. are they trying to apply a game at which others have proven themselves to be better? >> clearly apple, facebook, google, amazon have been stars in the consumerization of high tech. microsoft has not demonstrated any particular skill. they have been a little tone deaf. on the other hand, microsoft has a long history of not getting the products right the first time, but being persistent the second or third time. the surface didn't get a good reception, but the next one that came out, much improved product. so i think we just have to look at a few more quarters before we count microsoft out. for them to become a consumer company, not likely. but for them to be able to play a big role in mobility, cloud, moving in to those sectors with more success than they have had, i think that's very much a possibility. >

seema also taking a look at microsoft from new york city. seema, are they buying what microsoft is selling or nokia more appropriately selling in abu dhabi? >> tyler, we're not seeing any long lines at this microsoft kiosk in new york city. we have seen more customers stopping by wanting to view the product and learn more about the microsoft 2 tablet. just in the last half hour, we have seen a gradual increase in foot traffic. the customers that haveped purchased a microsoft 2 tablet customers are picking the surface pro 2 here, that seems to be the popular choice out of the two tablets microsoft is selling at this kiosk. to tell you more about the microsoft surface 2 it has 75% more battery life than the previous version does. the surface pro 2, dual screen functionality and more memory as well as $899 price tag. some of the customers that have played with the surface device but decided not to purchase the device said it was too vanilla, it did not have enough apps. some apple fans agree it was a quality device but they had already invested

start with microsoft. microsoft reporting easily beating. 62 cents. 18.53 billion.ember, they have new segments here as they realign the structure of their businesses. look at devices and consumer total revenue, 7.46 billion. that was better than at least some of the estimates i saw. dnc hardware, that's surface. surface you actually saw sequential growth in unit and revenue. dnc licensing, 4.3 billion. commercial segments, 11.2 billion. that was also better than at least some of the estimates i was seeing on the street. amaz amazon, another name in the green. net loss for the third quarter. that was in line with what wall street had expected. maria, back to you. >> okay, josh, thank you. >>> losing money, trading up. throughout the day, dominic chu has been looking at companies that are actually looking at money losing situations, but outperforming the broader market despite those negative earnings. dominic joins me now with the big reveal of the hour. over to you, dom. >> we've been showing you this chart for the past hour or so about this company, $16.80. and thi

our reporter joins us from microsoft in mountain view. matt, what are they learning? >> the students right now are inside some executive boardrooms learning what it takes to become the next big innovator. >> the ideas came fast from the students on team skype. >> obesity can be tackled. >> they are part of the camp held on the microsoft campus in mountain view. the chosen students must have a creative and innovative solution to a social concern. team skype had a plan. >> we were brain storming bicycles you peddle to create energy which is useful for motorcycle students if you were peddling and charging iphone. >> it is environmentally friendly and everyone loves to ride. >> each gets a microsoft mentor to formulate a plan for market ing. one includes a vegetable vending machine. the student i spoke with see this as an incredible opportunity and motivation if their future after high school. >> it is like a dream come true. you hard about it and the big corporations, and everything, and you wondered, what if i could work there? >> later today, the students will present

microsoft moving higher. the founder and chairman is one of the most respected business leaders on the planet, but incredibly he may be facing a revolt. although right now it is a facebook revolt. president obama was indeed the house speaker and other congressional leaders at the white house. a deal to end the partial government shutdown in the works? we have a congressman who is front and center of this budget battle. wait until you hear it. you have to decide for yourself. ♪ ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. liz: if you were to figure out what is really the problem of microsoft and the would you say that is bill gates? on the heels of ceo steve ballmer saying he will leave the company they're is a report that some major investors of pushing for bill gates himself, the founder of the company, to quit. we bring in dennis kneale and microsoft analyst. i will start with you. there is that three top stop calder's and the comp

. >>> the tablet war is heating up for apple and microsoft. we'll show you what you really get for your money. >>> another strange sea creature washes ashore in california. the theory that an earthquake is on its way. kardashian. . >>> omg! it's the biggest celebrity news of the year, kanye west secret proposal to kim kardashian. >>> 80s inland, livermore 84. but half moon bay only 54. fog moving in, your forecast in seven minutes. ,, ,,,,,,,,,,,, that huge sigh of relief fr bart riders everywhere. . >>> want to go back to downtown oakland. that huge sigh of relief from b.a.r.t. riders every. >> reporter: you think to think people are breathing a sigh of relief after hearing the b.a.r.t. strike is over and train service will be back up and running at 4:00 tomorrow morning. b.a.r.t. union officials and management emerging from a meeting saying they have an agreement. it has to be voted on before it becomes official but the trains will be running tomorrow. we were warned that train service will be a little, we were told "raggedy" but it will be

why not clean house, start new and remove the vestiges of the old microsoft?it's like a football coach. you know, he's been through the trenches. he understands -- >> but when a head coach gets fired, generally the staff goes with him. >> remember, microsoft thrived under bill gates. it has not thrived at the same level as steve ballmer. when you look at this daisht other commenter made a good point. bill's not showing up every single day. he's as an adviser. there are smart people in tech, like ceo of sales force. he thinks bill is the only one to turn it around. if you listen to other tech veterans, they're saying he should be involved in some form or fashion. i believe he should be part of the board. >> can i ask you, brent, you have a buy rating on this. you cut it down to 40 bucks and now target at 37. what made you cut it down? >> stock's up 20% year to date. there are very few microsoft bulls left. i think it's the right call, number one. number, two the move to the cloud dents the reported revenue. what happens is the backlog grows. so, if you look at

you been at microsoft for a long time. what do you see? >> the microsoft board, as you said, is working the process, steve's very much the ceo. i am really, really busy and excited about the enterprise job that i have, and i'll leave it at that. >> the next part of the ceo's

let's look now at both microsoft and apple.side the apple event in san francisco this morning, seema in new york, outside the kiosk. and let's begin with you, seema. are you seeing a pickup in foot traffic? are people interested in this device? >> reporter: kelly, we've been here a couple of hour, and we've seen several customers stop by the microsoft kiosk in new york city, interested, wanting to learn more about the surface 2 tablet. we've seen some companies purchase the surface 2 tablet, and actually spoke to two customers who picked the purchase. nee full computer, so that's why i went for the surface pro, so it's not just a tablet where you're bound to some app store. it's a full pc, basically. >> i bought it because it has the digitized eye pen, and apple doesn't have the pen or these kinds of devices. >> reporter: now, there were some customers, while intrigued, they weren't interested in buying the surface because they had already invested in the apple ecosystem. one customer also mentioned that apple provides more app

. >>> the tablet war is heating up for apple and microsoft. we'll show you what you really get for your money. >>> another strange sea creature washes ashore in california. the theory that an earthquake is on its way. kardashian. . >>> omg! it's the biggest celebrity news of the year, kanye west secret proposal to kim kardashian. >>> 80s inland, livermore 84. hey, it's me, progressive insurance. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad you did. cannonbox! [splash!] to thsuffered in silence... hoped... and lived in a state of fear... welcome to a new state... of health. welcome to covered california. the place to find quality, affordable coverage. financial help for those in need. and nobody can be denied because of a pre-existing condition. enroll now at coveredca

microsoft up 6. over this year amazon up 40% microsoft 30%.pple got us thinking is more money and interest going to the likes of netflix, amazon and apple versus microsoft, home depot and exxon mobil. bob pisani joins me at the nyse with his perspective. >> i'll tell you why you're right. another way of saying old versus new is what we say in the stock market which is growth versus value. that's what we're talking about. show you a couple things. let me show you how they've been doing in the last three years. longer term time perspective. amazon, net flicks and apple she mentioned sort of the new ones. you notice they've been generally doing better than the bottom three, home depot all right but microsoft and exxon mobil those are considered to be value stocks largely. take a look at the ivw. you can buy growth versus value indexes out there. unof the ones in the s&p. the apple is the largest holding in this large cap growth index. growth companies have strong improvement an earnings in sales. that's what a growth company looks like. look at t

could billionaire bill gates be pushed out of the microsoft? some of the company's biggest instors are pressing for him to step dowof the it is all the word on wall street. we have all the inside details. >>> plus, is there a definitive price on peace in the middle east? fox's national security expert, kt mcfarland just met with iranian president hassan rouhani and she's here to help calculate the cost of the u.s. trying to befriend him. >>> forget "who made mon today", this guy just saw more than $300 million go right up in flames. can't figure out who it is? stay tuned and find out. even when they say it's not, it is always about money. ay two oft shutdown. the president is set to meet with bipartisan congressional leaders shortly. we'll bring you the latest on that just as soon as it happens. we feel for the 800,000 furloughed federal workers. i can't help though to go back what i've been saying. if there are that many people deemed non-sessional, maybe we don't need such a big government? we are, after all, $17 trillion in the hole. here to

. >>> big moves, microsoft and amazon shares taking off after the bell today. capping the biggest busiest day of earnings this season. what's the most important take away from these two tech titans? >> when it comes to quarterly reports, there are companies that don't earn a dime and their stocks are soaring. we'll name names and explain why. >>> who is at fault for the botch rollout of the new health exchanges. pointing of fingers on capitol hill and we'll ask a health care advisor if the problems can be fixed. >> that and more on "nightly business report" for thursday, october 24th. >>> welcome, today was the biggest day of earnings reports we'll get. the market took notice moving higher. late this afternoon two of the biggest tech companies of them all, microsoft and amazon.com and here again, investors mostly like what they heard pushing stocks after hours. first up, microsoft beating the street estimates for earnings and revenue, profits up 17% last quarter to more than $5 billion, that comes out to 62 cents a share excludeing certain items, far more than

we will have a new microsoft tablet onset. in poverty in 49, count them, 49 states. ♪ stuart: here we go, realtors pay attention to this one, this is the existing home sales. 5.29 million, that is the annualized basis, annualized selling rate for existing homes. 5.29 million. okay. that is down 1.9% month to month. let's bring in time you joining us from phoenix. i'm going to repeat this because this is big news for everyone in the housing market. 5.29 million existing homes being sold at an annualized pa pace, down 1.9%. is this the pullback that you said was not going to happen? >> do i need to eat crow this time? no, stuart, we are seeing sustainable numbers. that's what we want to see. this is not bad for housing, housing is not going down the tube. these are truly sustainable numbers. in 2013 we are headed to see a 7.5% increase in existing home sales. projections are in 2014 another 4%. we don't want big rises, we don't want big falls, we want sustainable, affordable housing. stuart: i have two reactions for you. the med

investors looking at microsoft and amazon after the close. close to 180. companies reporting so far. 80% of them have each revenues yet those levels are so far depressed that the bar is so low at this point does not mean as much, i don't think. liz: we have the ceo of the nasdaq in the next hour. he is only speaking to us. everybody counts the company out because i missed out on the twitter ipo. we will talk about that in the big beat, but back to what mark newton just talked about. there isn't a lot of resistance, so you look at the transports, transports are looking unbelievably strong. going into seven out of eight. stunning to me what is going on here, but what, does this concern you at all? something we have asked every day because the market keeps going up at some point could we see a correction? >> you have to wonder if it is going to continue on the s&p 500. i'm looking at what is going on, s&p 500 little rickety starting to feel top-heavy. we made a massive move very quickly. we are not seen the volatility index fall anymore as the s&p rallies. i

. >>> and microsoft has given information. no word on who will replace the outgoing cfo, steve balmer. allen mulally is right at the front of those talks. >>> we are an hour and five minutes into the trading day. european equities are down. but it comes after, of course, being up ten out of the last 11 sessions. right now, around about 11 to 2 decliners outpacing advancers. we're down about 0.1%. xetra dax is off about 0.25%. cac 40 is down 0.6%. french soccer players threatening to go on strike because they don't like the high tax rates. the ftse mib down 0.8el%. who has to go on strike because they don't like high tax rates, i ask you? >>> here are the winners and losers, as well. elementis, up 2.8%. swedish stocks are down. as far as bond rates are concerned, this is where we currently stand at the moment. gilt yields continues to decline as we go towards that gdp number. 2.61 is%. treasury yields, just on the 2.5% mark. but really, the focus has one again been on currency peps euro/dollar, currently trading at 1.3816. we g

i want to know about microsoft, robert. >> microsoft surprised a lot of people.did surprise. microsoft is one of those names where if you do not own it, i do not know if you want to jump in, but i would be looking for any pullback. cheryl: five different analysts upped their price target this morning. >> yes. if you are a conservative investor, i think that there are better pics out there. again, whether you are looking at microsoft or amazon, they are aggressive plays. being wrong and being early could be the same result. be careful. cheryl: 24%. >> i think people a long time ago bought into the idea that this is a growth story. people are looking at this as the next mega- leader, the next all-star. people are buying into the future. cheryl: it is hard to trust that. >> we do not own the stock. it has done nothing but go up. fundamentally speaking, we have an issue with the company. if you are a conservative investor, if you are looking to safeguard, it just is not the type of stock you want to own. you want to be a little bit more careful. stuart: the twitter i

microsoft as an offer on the table to buy nokia's device division. the tech company popular for it's big discounts-- will attempt to re-gain loses from a super sell off yesterday. shares of online coupon company groupon fell seven-percent, yesterday. the move was so swift--it triggered the nasdaq's short sale circuit breaker. the stock dropped on an analyst report from i-t-g investment research warning of a decline in third quarter billings and low growth. the sec comes out today with a new way for more americans to invest in start up companies. the securities and exchange commission will formally-- propose rules for entrepreneurs to raise money online through crowdfunding marketplaces. currently, only accredited investors can put up money. the next step is lengthy sec discussion process including comments from the public. the online funding idea-- marks the third phase of president obama's jobs act. an atm manufacturer is facing bribery charges...the diebold company is accused of spending $3 million dollars on lavish trips and gifts to bribe officia

the mood at microsoft is bullish.ty and when we say there's $2 trillion of i.t. spend that's going to be at play, my sort of attitude towards that and the attitude of everyone at microsoft is let's play offense. we have big business when it comes to enterprise, more than $20 billion. if you look at $2 trillion, we're the low share player in the enter ter prize. as things change our attitude is, how do we innovate? how do we participate in the next disruption, if you will. >> we're asking you that question every way we can think of. practically speaking, how is the reorg working? is it achieving its goal to allow you to get more agility? if so, a concrete example? >> if you look at, if you want to be in the public cloud business, building out cloud infrastructure, the things most at scale that are going to test out your cloud infrastructure happen to be cloud property, it's built on azure, 40 million subscribers -- >> terms of the way the business is operating the reorg was supposed to make it easier to move quickly an

microsoft is launching the surface 2 touting what the ipad can't with stands, keyboard and track pack. it has a usb3.0 slot and mini hdmi and a mini sd card slot and for some users this is a big deal. microsoft excel, word and the rest of the office suite comes free. >> just pull it out during break and actually work on my paper, i work so there's excel spreadsheet i can use so an ipad, you don't have those options. >> reporter: apple is still the dominant tablet but in a year and a half, samsung's galaxy tablet, amazon kindle, the's sis vivo tab and microsoft surface 2 with its 4% market share have eroded apple's lead. kiet do, kpix 5. >> the microsoft surface 2 starts at $450 and we'll find out the price tag on the new ipad later today. >>> a close call on the t tracks. how a woman was nearly killed sleepwalking. >> we don't know a whole lot about them. >> and strange creatures from the deep popping up on california shores. what's the expert's -- what the experts suspect may be the reason for the oarfish coming up. >>> starting out with thick fog around the bay area this morning. be

nokia and microsoft will unveil theirs tomorrow. the big rivalry is between apple and microsoft. so let's compare those. first apple. there's talk of a faster chip, a thinner design, maybe even some rounded corners. and a fingerprint scanner called a touch id. no idea yet what the cost could be on that one. and then with microsoft, we have the surface too. we could be looking at a permanent stand for the tablet with an optional keyboard to attach as well as a usb 3.0 slot, mini hdmi and mini sd card slot. and all that starting at $450. so what are the tech guys saying about these two tablets? >> apple hasn't really changed the smart cover in two years. basically they came out with the ipad 2 so we are expecting new colors. they are not going to get same distance that microsoft is adding things like a battery or a keyboard or a track pad things that make it more of a laptop. >> reporter: so if you are thinking about selling that outdated ipad, act fast. the companies that buy these old electronics say they are just pouring in. that means one thing. those prices will start to drop.

does with microsoft now.ould jettison without -- the stock is up 33% so far this year. i think we've had numerous conversations where you felt people just don't get it. or perhaps you're hearing my conversation for a while, i didn't get it. >> well, let's not talk about that. let's talk about word in particular and the office product because that is a major component of the beat here, is that right? sales of office above expectations. >> no, office actually from the consumer side is down probably 20, 25% on the consumer side. >> what about business? >> business was up. it's mostly, though, when we talk business with microsoft, it's their server and enterprise products. so it's more where they compete against oracle and database. >> just specifically on office, he would say that ballmer has made a major error in not making office ubiquitous and mobile. what's happened this week very importantly, he's not putting out his out to he can sell more tablets. tim cook came through this week and said our own office su

conversation >>> bill gates and microsoft in the news tonight. reuters reporting a few major investors in microsoft are trying to get bill gates to step down as the chairman of the software company, worried that his presence on the board is preventing the company from innovating and keeping up with the times. joining us now via skype is the author and - author and business analyst jordan. it's good to see you. >> great to be with you. >> what do you think of this? i mean, i laughed when i read that they are concerned about innovation, when bill gates is considered the innovator of the century. >> he is, but... >> why now. >> microsoft is falling behind. it's not as cool as when it went public in 1986. they have been overtaken by google, apple, facebook, other companies moving in the mobile area. i mean, microsoft has been trying to respond with the surface tab the and bought nokia's telephone business for $7 billion, but they are trying to catch up with android, and facebook. that's why there's a lot of criticism. gates basically has not been act

j won the debate on microsoft.ith the ticker final trade. >> infinity farmer, infi. >> josh brown. >> tup i'm buying it. >> steve weiss, comcast long. >> have a great rest of the day. "power" starts now. >>> that folks is the sound of a clock and those are the seconds ticking away, tick, tick, tick. another day and a half of those ticks we will, says the treasury, be over the debt ceiling deadline. i think i speak for an awful lot of people when i say, let's go, guys. we will ask tough questions to one republican rep in two minute's time and another big story on our radar, robert shiller, nobel law reyet is talking housing. are we closing in on bubble territor

so did microsoft and nokia but can these other tablets chip away at the ipad's lead? first how commodities, currencies and treasuries performed today. >>> microsoft chairman bill gates is making a big bet on the turn around in spain through an investment fund gates is paying 155 million dollar for a 6% stake in a spanish construction company. making him the company's second largest stake holder if he can pronounce it. this follows significant announcements over the past year by warren buffet and carlos slen. >>> a big day for tablets, apple, microsoft and nokia unveiling a new device today in time for the upcoming holiday shopping season. microsoft updated surface tablets and apple rolled out updated versions of top saling ipads. jon fortt has more from silicon valley. >>> it's a wrestling match in the tablet market. apple the heavy weight out today with a new lineup of ipads. what is new? the full hissed ipad gets a new name, it's now the ipad air, 30% lighter and the ipad mini gets an upgrade, retina display and m 7 chips and higher price tag. this time around the s

the microsoft is a total surprise.s where they basically said pcs are better. they underplayed how well xbox is going to do. they talked about having a plethora of devices. that was the biggest up side surprise of the night. >> andrew's making a point. i mean, a profit isn't necessarily something you're looking for. if you can have revenue growing 30% and still not be profitable, that will be rewarded in the stock market, which is a limb count -- little counterintuitive, right? you need to harvest. >> you need to harvest at some point, never? i don't understand. >> look, i'm defending what the market is doing to it. this stock along with in the flicks and tesla and solar city are not bound by any sort of reason that every other stock, including every one we've just mentioned is bound by. that's just the way it is. there are growth stock managers who simply are not going to obey the conversation we're having. >> you know, jim, the companies -- it's much harder when you have -- like microsoft has had a great profit for y

this is an interesting time for microsoft. do not know what their board is considering but when i look at their product line, i see a lot of strength in the advertised area, windows, office, and so one of the things i have come to appreciate is i think consumer executives and enterprise executives have different traits and different instincts. i would hope they are looking for people who are really strong. a strong microsoft is good for the industry overall. that is helping to build strength and competencies. >> would you like to see bill gates comeback e >> he is a phenomenal leader. there is nothing quite like the passion of a counter in terms of leadership. >> you are turning into a real diplomat. being ceo means you have to say things more carefully than you are sometimes used to. what is your biggest weakness as a ceo? what do you suck at the most. you have things that are great about you that everyone understands. what are you terrible at? i have been really lucky. there is a community i know that many ceos in the audien

let's talk about microsoft of. it is kind of a reverse of a story stock.gets no love at all as it produces billions upon billions of dollars in profit for the past 10 years, what do you say? >> absolutely. microsoft is very underloved story and perception from the marketplace relative to what is going on at the business is completely differ. i mean it is apple an consumer devices are very sexy and enterprise, plumbing, microsoft is a company that runs the plumbing of global business, 750 million office users around the world. this is a very core part what goes on in the enterprise world. enterprise is not a sexy story relative to ipads and gadgets for consumer. >> let's go to one more story stock. amazon, you can't hold these nice down. they want to consume everything in the universe yet they're skimpy on profits. that stock seems to keep going up. >> i mean another play where bezos invested in innovation. they have innovate ad lot of things. it is a huge, capital expenditures they have in investing those things have always been since beginning of time hav

it's kind of a gaping hole for microsoft right now.is the one person with the technical know how and left to make change happen quickly there but doesn't seem to want to come back full time. >> marcus, you founded companies, ceo, is there a point which the founder needs to step off stage? >> absolutely not. >> absolutely not. >> in fact -- >> do you think that microsoft would benefit if he were more involved? more engaged? >> i don't know that he needs to be more involved but to even make a statement, for anybody to make a statement he shouldn't be involved in the case, it's like asking walt disney to get away from disney world. even if it's for public or investor relations or confidence of consumer in the brand, people think of microsoft, they think of bill gates. a lot is marketing. >> all right. marcus, thank you very much. john, thank you very much. interesting conversation there. we appreciate it, guys. sue? >> gentlemen, you're going to look at the white house briefing room where president obama will speak at about 2:00 p.m. east

i want to out the microsoft, those that don't like bill gates.hink that's kind of silly. >> stand up and be counted, right? >> don't hide under in quotes and don't quote me. >> give me your thought, though, more broadly on blackberry for a moment. what are your thoughts on that company? where it stands now? i mean, whether it is likely that -- a, that you think they can get even the financing, whether there is going to be -- >> scott, i haven't focused it. look at me. here is the phone i have. you see this? look what i have in the back of the shot. you can't see it. you see that? i'm not the -- you know, i have the ipad. i'm not a tech savvy guy. generation 7. i am waiting for generation x. >> what is that, the motorola razor? >> yeah, right. it is what i get for -- i can buy these on ebay. blod blodget will love this. i buy them for $25 so when i drop them in the water i don't have to worry. >> we are talking about -- will it is. global payments. >> ten times normal volume in the stock. they beat and guided higher and doing just about everything

microsoft wants to get the surface tablet right.all the others and samsung are scrambling to satisfy what they perceived as consumers the demand to drop parallels could do a bad check if we had the same perspective with the health care market instead of the piece of chalk that we have now? neil: a good analogy. pulp prices are rising at their slowest pace over five months. kerry says he is avoiding housing that the run might be over. for you genuinely worried? >> i am worried. mortgage rates are at the two year high with existing home sales the biggest part is decline of back to the april numbers are the biggest decline since april i should say. not a bubble but a run-up in that will cause with the backing to. house is up much further. >> it is not like the bubble back in the day but we saw prices rise quickly that got away from people and with that being the case it is a situation were the mortgages our hard to get people will live by. the one thing you see around chicago is people are investing in the apartment buildings because p

yahoo told microsoft last month that it plans to delay making the change because of concerns over microsoft'stment to being after ceo steve ballmer announced he is stepping down. the agreement has initially been put in place. back in 2009. except for yahoo and microsoft it better compete speed now over to the czech republic where amazon will be opening new distribution centers next year. the company says the centers will each have floor sizes equal to a 13 soccer fields, 13 soccer fields. together they will create 2,000 permanent jobs landing in india. general motors executives may be charged with corporate fraud. that is according to a government appointed panel in the country investigating gm recall of the chevrolet to there and reported that 12 top company officials were involved in fraud the panel recommended a penalty, an action ensuring that similar incidents won't happen in the future. we will seek. it is tablet tuesday, and today was the release of three techies . unveiled in other dhabi, and microsoft new surface to. apple has been a leader of the pack, but the competition can be qui

he used to work for microsoft?him in, certainly one of the candidates that are in the running. there are many names that have been mentioned and different skillsets apply to different people. you know, i think it is going to be interesting to see how this unfolds. i definitely think the right candidate could have a material impact on the stock price in the future. ashley: very good. thanks so much, ross mack milan, for joining us. we appreciate it. >> thanks. tracy: all right, about time, quarter past the hour. we have to get a check on the markets. nicole petallides on the floor of the new york stock exchange taking a look at some pharmaceutical names, right? the fda announced some changes that could affect the stocks. >> this is really something that has been going on for the last decade but now tighter restrictions are certainly in the path for these drugmakers. the fda is urging for tighter rein on painkillers, particularly those that contain the narcotic hydrocodone. hydrocodone they're saying should be contro

on microsoft, microsoft earnings out next week would you be a buyer of microsoft ahead of earnings or under any circumstance? >> you know, there's a big buy back in dividend. they could always surprise. because expectations aren't high. i only have so many dollars to allocate. i'm not excited about the company. i don't think it's cheap enough to say it's a value play. so no, i would skip it. >> all right. let's get a broader read on earnings season. joining us is kate moore at jpmorgan. great to have you with us. >> good afternoon. >> do you think the earnings season will come through so the rally will be supported going to year's end. >> we're not looking for blockbuster earnings in the third quarter. we will focus on what happens in fourth quarter earnings and the guidance we get when we start to report beginning part of next year. we want to hear companies start talking about 2014 cap x budgets and plans, i don't know that we get that during this reporting season largely because of the shenanigans in d.c. >> shenanigans in january and february again. >> yeah. but we don't think we'

we had microsoft and the announcement of ballmer leaving, the purchase of nokia. they beat both on top line revenue and earnings per share---fantastic. then we take a look at amazon. more good news. they're competing with the likes of peapod and the door to door grocers, they're competing with netflix and they beat on both earnings per share and top line revenues. so these are things we like to see. those two stocks should give a bid to the market this morning. i know one of them 36% higher amazon already on the year but you gotta be careful about being too short right now. things look good. > >along with that thought, what will your trading strategy be for this friday? > >i think this friday we're gonna start to see that 10 year grind lower. and i love that trade. i say i'm gonna be long bonds---i know it sounds crazy to want to borrow money at 2% for 10 years, but here's the deal. i still think that with that tech sector doing as well as it is, a lot of other things are in trouble. that 10 year yield grinds lower to say, 240 so we want to be long bonds and we wa

then with microsoft we have what's called the surface 2.uld be looking at a permanent stand for the tablet with an optional keyboard to attach as well as a usb 3.0 slot, mini hdmi and mini sd card slot all that for just $450. live in san francisco, mark kelly, kpix 5. >> thank you. >>> so what's up apple's sleeve for today's big event? coolschools@kpix.com joins us with what we can expect. -- cnet editor-at-large brian cooley joins us with what we can expect. >> everybody is looking for something revolutionary and stunning. some things will be relatively revolutionary. so the new big ipad the full size ipad would become more like the mini in terms of design. it would be thinner and have a different edge design. maybe it gets a fingerprint scanner like the iphone 5s did as it came out just, what, four weeks ago. so apple is coming on fast here with another announcement after they did the phones. so this is an expected reason to get better and faster, all er, type stuff, no big break. the ipad mini should be revised. it will get the retina di