tom: gene munster's talking greek, isn't he?ilicon valley using a different playbook than what you guys play by? bob: gene is making a good point. full disclosure, i am a user, and linkedin is a much more professional platform them twitter, for example. i am a monthly contributor and a shareholder. so i was pleased to see the recovery. but i think this is a good move for microsoft. you will see more in play. yahoo! is already out there. people are understanding the importance of social media as a way to get access to a large consumer base. tom: gene munster, what does apple do with all their cash? apple says they are not going to use cash, they are going to use debt. how does tim cook adapt to what we have seen in the last 24 hours? gene: probably the price of certain assets are going to inch up. there are two areas apple will go after. one is this whole mix of , and the reality second thing is what is going on in automotive. those are two big pockets. everything going on around the iphone tends to be organic. all the news we sa

were people already in the house by the name of eddie munster and rush. somebody got the idea in their head to borrow the gun from this man, [ bleep ], who was in the car, who provided the ride up there. and take the gun and rob a mountain store. he said no and that was that. i was fine with it. and when i walked through the door, i was pushed. somebody was behind the door. i think it was eddie. he had a baseball bat. he started beating him upside the head with the bat. and i was just in shock. i didn't know what to do, so i backed up, and i sat on the bed, and they kept beating this guy and beating this guy. his blood was going everywhere. just bits of skull and brain going all over the walls. and i remember getting blood in my mouth and on my face and on my clothes, and i was just frozen. i didn't know what to do. i could hear him screaming,

munster talks very highly of this. i think you have a place where the comps have gotten to be pretty attractive for apple to beat them. i know that's not terribly exciting, but what do we expect from wwdc. this was not supposed to be anything but a software update. so i don't -- i'm not disappointed by this. i'm flat the stock. i sold it last week. i think there's plenty of room to trade this stock around here. i don't see much moving it. i think it could be a place that still an atm, i think we've learned in the last six months, a lot of the big investors are already out of this name. >> i'm also flat the stock. i think it's valued as a hardware company. >> it is a hardware company. >> that's what's being valued at. >> i think that by its nature, a hardware company that's in decline, if people don't see that ramp for anything to reach for that phone, it's really over for them. >> all right. >> you need virtual reality. you need aies, but you need virtual reality, something to

munster is on the same lines. apple has this great position. they have the users for these devices and are opening the api so companies can use apple pay. if you go on to an e-commerce one and you're using safari a desktop or mobile device, safari users do more commerce than and when users. the ability to do that using apple pay will drive folks to do shopping on your phone and take market share, on some degree, away from the incumbent players. paypal has the most to lose. emily: cory johnson giving us a round up from downtown san francisco. thank you so much for giving us the scoop. i want to head to another huge story we are watching. announcedr microsoft the $26.2 billion acquisition of linkedin, goldman sachs was

i also just spoke to piper's jean munster. he's betting that the 6 and 6-plus will be discontinued in september with a launch of the iphone 7. so munster said it would make sense for apple to do that, to sell just the 7, 7-plus and se. even if the 6 were banned, his point is, the estimates would take a very small revenue impact. but munster also said there is a broader concern here beyond just this case. there seems to be ongoing tension between apple and the chinese government, he says. remember, of course, regulators there have also suspended the company's books and movies businesses. investors, we know, don't like uncertainty, munster says, and every headline like this does add to that. guys, back to you. >> also plays into the warning that carl icahn is getting out of the stocks. the competitors when it comes to digital assistance is amazon, which has one of the most talked-about products on the market with echo. although amazon hasn't released sales figures, from consumer intelligence research partners, they estimate that

. >> nesrin is currently in the city of munster. originally comes from afrin, in aleppo province. she came to germany without her husband and three of her children. since arriving, she has lived in seven different refugee shelters -- a nightmare. nesrin: it hurts so much. >> she feels lost in germany. an initiative called noah's ark is seeking to help her. the group takes care of christian and yazidi refugees who have often been through many traumatic experiences. it was in a refugee camp like this one on the turkish syrian border that she had to leave her three other children. she never thought a life in germany would he so hard. >> we often get calls from christians, yazidis, assyrians, and other minorities who do not feel safe here. things have happened to them that should not just be swept under the carpet. >> women in particular who belong to religious minorities often suffer discrimination and abuse in refugee shelters. many are afraid to go to the bathroom on their own. and increasingly, there are reports of attacks, accordin

pamela munster, a breast cancer survivor who carries the mutation herself, insisted her father get testedne when he was diagnosed with advanced pancreatic cancer. his treatment was changed and designed for the mutation. three years later, her father has beaten the odds. >> gratifying if you can use your knowledge with your own family members. >> reporter: she's created one of the nation's first clinics focused solely on the brca mutation. her mission at the ucsf cancer center in san francisco, to provide one-stop shopping for families, screening prevention and treatment of any cancers linked to brca. lauren tested positive for the mutation after her sister's breast cancer diagnosis. >> it terrified me. >> reporter: now lauren meets regularly with a team of specialists. >> processing all of the information -- >> reporter: she's made the tough decision to minimize her risks and will have her breasts and ovaries removed. >> finding out gave me the answer that i needed. it wasn't the answer i wanted. but then i now feel better about where i'm heading. >> reporter: when cancer is in your genes

munster said a lot may be saved for 2017 which will be iphone's 10th anniversary.ack to you. >> the big news to me is getting rid of the head phone jack. did a profungtry -- >> it's going to be in the lightning jack. >> but what that means for existing head phones isn't clear. i wonder if there's any talk about converters. otherwise i turned up hits on wireless earbuds. how many people are going to want this phone if they're going to have to change their whole ear budd approach. >> certainly we stress that apple is always tight-lippeden about what it's in its product pipeline. regarding the headphone jack as bill just alluded to, the speculation would be that the lightning connector serves as kind of a dual phone as power charm and head phone connector but overall, the assumption here is you won't get a radical change. it would be thinner, water-resistant. if that's true, it would take away one advantage that samsung has. but we wait and we see. >> yes, we do. josh, thanks. josh lipton. i know apple fans out there are going to roll their eyes at us asking these que

gene munster telling me it is worth $8 billion. he sees the stock at a $40 billion level.t is unclear who will be bidding in the auction but it is rumored to be verizon, at&t, google, microsoft once laid $48 billion down for yahoo but yahoo rejected that as too little for its operations in 2008 so we will see what happens. as far as marissa mayer, her severance package, just released that a week ago, if she does -- if she is ousted it will cost $55 million for her golden parachute. >> i was behind you when tim kugel, and growing exponentially. thank you very much. we will get you throughout the day, the latest developments. the internet blue chip, silicon valley, closing bell, 27 minutes away up another 230 points. all of the losses endured from last friday through monday when that stunner of a those where the uk says no more european union relationship came through and drenched the market. you heard this explanation. the enemy of my enemy is my friend. donald trump trading places with former clinton enemy bernie sanders, attacking hillary clinton on her ties to globalizat

gene munster will help us if to through the most important takeaways.ful weekend, everyone. ♪ announcer: the following is a paid advertisement for time life's music collection. mark goodman: it's the attitude. >> ♪ it's all right now, baby, it's all right now ♪ mark goodman: the killer guitars. >> ♪ american woman, stay away from me. american woman, mama, let me be ♪ mark goodman: those unforgettable album covers.

be sure to stick around to catch guy with the "fast money" crew, next hour talking with gene munster.0. >>> now, what do developers think about apple'ses big announcement including a new operating system for watch. we're going to head live to that conference to find out. >>> and later, which other deals could be in the works in the way of the $25 million purchase of linked in. you're watching cnbc. first in business worldwide. is control. this is the pursuit of perfection. when you cook with incredible tokyo-stingredients...les. you make incredible meals. fresh ingredients, step-by-step recipies, delivered to your door for less than nine dollars a meal. get your first two meals free at blueapron.com/cook . igoing to clean betteran electthan a manual. was he said sure...but don't get just any one. get one inspired by dentists, with a round brush head. go pro with oral-b. oral-b's rounded brush head cups your teeth to break up plaque and rotates to sweep it away. and oral-b delivers a clinically proven superior clean versus sonicare diamondclean. my mouth feels super clean! oral-b. know

piper's jean munster thinks apple could discontinue the 6 and 6 plus in the fall when we get the 7. >> china and some actors and small it sounds like minor actors in terms of the phone market in china are willing to take apple on in a critically important market. >> i think that is true. listen, long-term apple is still very bullish on china obviously and is investing accordingly. set to have 40 stores in that country. near term there are hurdles. you have a slowing economy obviously and the risk is that as this case moves through the legal system, does it give local chinese companies that much more courage and conviction to bring these suits? >> thanks for now. josh lipton with the latest. >>> and time for a cnbc news update with a courtney reagan. >> here is your cnbc news update. house democrats in the midst of a sit in on the chamber floor to try and force a vote on gun control. the protest is being led by georgia congressman john lewis who's upset four policy measures failed to move forward on mund monday. >> we can no longer wait. we can no longer be patient. so we today we come

gene munster covers the tech space and dave witson covers the auto area. good afternoon.he inside track here, gene, in terms of building the brains that will drive autonomous vehicles? >> well, there's four companies, the answer is google is probably the one with the inside track. apple, google, obviously, tesla and a chinese company and there's 1.5 million miles google driven life to date with autonomous cars and leads the pack. >> how much, dave, are the automakers collaborating, cooperating or competing with those tech companies for the ability to control the brain of an autonomous car? >> for now, it's really -- it's kind of been more on the collaboration side is doing things of apple car play or android to auto. longer term, though, that's going to be a showdown so to speak and they don't get enough for what they have done. diamler has been doing it for years and no one cared. >> audi, too. as phil lebeau has reported. who will win the standoff, dave? >> that's a big question. nobody knows. there's a lot of angles to that question. one is do the automakers just becom

kind of gun legislations, you've got 100 bills, between him, mitch mcconnell, mike mccall and eddie munster, i mean, excuse me, paul ryan, when you have those people that are obstruction nists, to me, if it were up to me, they would be wearing orange jump suits right now. >> nicole, paul ryan, the house speaker call this a a stunt and republicans went home. how helpful is this sit-in really? >> i think it is incredibly helpful, because it draws attention to this issue, and you no, i've been waiting for this to happen for the last three and a half years since my son was killed. we have seen action build and then stall, but then momentum continues build. for speaker ryan and other republicans to disappear in the middle of the night to go off to celebrate america, on the 4th of july, without doing their job, is just insulting, and unacceptable. rather than do name-calling, rather than disappear, come up with solutions. if you don't like what's being proposed, come up with something else. but walking away and doing nothing, that is not -- that is not helping america. that's not helping your con

. >> gene munster of piper jaffrey. >> thank you. >> the fight against zika, one company putting us closern ever to a potential vaccine. the stock is up today, up 70% this year. its ceo joins us exclusively. >>> and a tragic accident puts jeep in the spot light. the key feature that led to a israel of the model that killed hollywood actor andre yelchin. man 1: i came as fast as i could. what's up? man 2: this isn't public yet. man 1: what isn't? man 2: we've been attacked. man 1: the network? man 2: shhhh. man 1: when did this happen? man 2: over the last six months. man 1: how did we miss it? man 2: we caught it, just not in time. man 1: who? how? man 2: not sure, probably off-shore, foreign, pros. man 1: what did they get? man 2: what didn't they get. man 1: i need to call mike... man 2: don't use your phone. it's not just security, it's defense. bae systems. the peak travel season, health officials are raising the alarm about the continued spread of the zika virus. meg tirrell joins us. >> reporter: today the world health organization released its health advice for travelers headed to b

gene munster talking about accelerated growth. i'm doing work over at the street. bed bath what can't be amazon what can. matthew boss last week, jpmorgan, what can be amazon what can't. amazon is one of the companies like apple still fascinated by. amazon package when i got home. it was a book i ordered. why did i order the book? i don't know. it said anyone else who bought the book on bill walton and the grateful dead and business bought this book. i bought that book too. i don't know. i buy a lot of stuff because my -- the al gor ritholtz number their head says i have to buy it. they own me. >> why the pop in the vix yesterday, got to 21, above 21 now, when stocks weren't moving towardly the direction. >> i think this is just this kind of torture. we can't have the quick down like they do over there. even though the vix is indicating that. because when we do individual stock analysis we find ourselves selling stocks that may actually be doing well in a brexit environment. we're scared but when we look, the cash positions are so high that all these mutual funds t

munster frequently writes about it, growth tracking above expectations.% last time and he keeps the $800 price target. i see amazon down. you know what? amazon is retail sales, so i -- you know, when i was coming here over the weekend, what's doing well in retail? dollar tree, dollar general, big lots. i used to shop at big lots. that's a stretch each for me, i've got to tell you. maybe they fixed it up a little bit, but -- >> you don't have fancy taste. >> whoa, no. big lots had like a bag of cheetos at the checkout and beds all over the place. it was like, what? this is a little different kind of store. so, i mean, big lots may have gotten it better, but everyone's so focused on what did microsoft pay. bob peck, who's so good, just came out, you know, seven times the enterprised value over revenue. you know, a lot of the cloud companies were trading eight, nine times about a year and a half ago. so again, i think microsoft's a buy. i just think microsoft's a buy. they needed to do this. they get -- you're no longer going to be thinking, geez, the cloud