still, the announcement was notable because it was the first for new apple c.e.o., tim cook. it's also apple's first phone update in more than a year. the iphone 4s will range in price from $199 to $399. it's the first iphone that will be available for sprint nextel, in addition to the verizon and at&t networks. suzanne pratt reports. >> reporter: meet the iphone 4s. yes, it's faster. and yes, it's got a better camera. but it doesn't appear much different than the iphone 4. so, will people buy it? >> unless it's such a drastic change, i'm not going to be getting the new iphone. i can wait. i'll wait a bit. absolutely. >> the generation that i'm on is a little older. so always looking for new products out there to help with the information. >> reporter: it's attitudes like that that have helped apple sell 55 million iphones in the last nine months. no matter what the new phone looks like, there will probably be long lines at stores like this one when the iphone 4s goes on sale october 14. that's good news for shareholders, because iphones are apple's most profitable product, an

tim cook, the new apple c.e.o. has one of the hardest jobs in the world, you might say.matter what the company does, their next steps will be measured against what the company might have done under steve jobs' leadership. it will be a very interesting story to unfold. >> brown: vent cer f1 of the questions is how important is any one man to his own company and to this largest era. >> well, i think you can't underestimate how important steve has been and many others. but you know what, there are a lot of very smart people in the world there are new start-ups that come along unexpectedly. look at yahoo! and google and amazon, that is not going to stop. we have a lot of very bright people in the world. all we have to do is make sure they have an opportunity to get started. so even while steve departs, he leaves behind this magnificent legacy, there will be people who fill that hole at apple and elsewhere. >> brown: what is the cal eng for apple and these other companies now? >> first of all, all the products, if not of apple, didn't come out of one man. a lot of other peopl

it's about the man who created the iphone. amazon.com today predicted the new biography of apple c.e.o. steve jobs will be its top seller for all of 2011. the biography, "steve jobs," by walter isaacson, hit stores today and it's already the best seller on amazon and on its kindle e-book store. with the books techie subject, the e-book version is expected to outsell the old-fashioned hardcover for the first six months. that's "nightly business report" for monday, october 24. i'm susie gharib. good night everyone, and we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" videos. to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more. pbs.

new iphone 4s over the weekend. those are topics apple's new c.e.o., tim cook, will talk about tomorrow when he discusses the company's latest quarterly earnings with analysts. we get a preview now with thestreet.com's technology reporter, james rogers. >> susie: so james, as i said, earnings come out after the bell tomorrow. whether or not are you hearing, it's going to be another another strong quarter. >> yeah, no one is expecting apple to post a loss tomorrow. this is a company which traditionally puts out stellar quarterly results and we're expecting to see the same again. apple was at the end of an iphone cycle during the fourth quarter. but we're still expecting to see good iphone numbers. the same for the ipad. the mac book air. apple has seen really good growth in emerging markets like china. so we expect to see cook focus on those issues tomorrow. >> susie: so this is the first time that tim cook will be speaking to analysts as the official c.e.o. since steve jobs passed away. what do you think is going to be his message to the wall street community? >> well, i mean, wall street is looking for certain things

introduction of the newest iphone had been much anticipated partly because for the first time apple's new c.e.o. tim cook took the place of steve jobs. >> this is my first product launch since being named c.e.o., i'm sure you didn't know that. >> reporter: one surprise, it's not the expected iphone 5 but the 4s. it's faster with a better camera and one feature that sets it apart says the vice president, voice recognition. >> for decades technologists have teased with us this dream that you're going to be able to talk to technology and it will do things for us. >> reporter: in apple's demonstration, the phone actually understood conversational questions. >> do i need a raincoat today? >> it sure looks like rain today. ( laughter ) >> reporter: but could it understand my questions? >> can you help me with italian restaurants? >> i found 13 italian restaurants. 11 of them are fairly close to you. >> reporter: lunch was no problem, but a plane reservation what's the next flight from san francisco to new york? >> i can't help you with flights. sorry. >> reporter: then there's the really big question

new head man at apple deliver news about the iphone. good afternoon. i'm tori campbell. apple makes its first big announcement with its new c.e.o. tim cook. he took the stage today and introduced the new iphone. we're live to let you know what all the excitement is about. >> reporter: this just wrapped up about 15 minutes ago. this is apple headquarters in cupertino. a large group of people were at this announcement are now filing out of the building. a lot of apple fans expected to hear about an iphone 5 today. the new product launched is the iphone 4f. it has a lot of the features that were rumored to be in the iphone 5, eight megapixle, high quality video, the exterior design is just like the current iphone 4. >> inside it's all new. how is it different? first, there's a new chip inside. the a5 chip we launched this year in the ipad 2 now making its way into the iphone video. >> reporter: along the -- along with the faster pros or, it will have eight hours of talk time, better antenna, better voice command system and will have that hd quality 1080 video. outside the apple store in walnut creek apple fans gave us their reaction. >> the

and the new c.e.o. of apple is a man named tim cook and he sent the following e-mail to apple employees "team i have very sad news to share with all of you. steve passed away earlier today. amle lost a visionary and creative genius and the world has lost an amazing human being. those fortunate enough to work with and know steve lost a dear friend and inspiring mentor ." he leaves behind a company that only he could have built and his spirit will forever be the foundation of apple. we will honor steve's memory by dedicating ourselves to continuing the work he loved so much. steve jobs cofounded the company inned is 7 of. brought us the ipod, the iphone, the apple computer, the mcintosh, the ipad and a chap that lives strong today. the o'reilly factor continues now. >> bill: joining us from dallas, fox news analyst karl rove. you heard trippe and da davis. what do you think a big story? >> he did lie that is a big story. things are really bad then because take a look at this. he goes up to congress to testify and

news in brief this hour. face the co-founder and former c.e.o. of apple steve jobs has died at the age of fifty six after a long battle with cancer jobs that led apple through its most successful period in pioneering the i pad i pod and i phone apple was so successful that at one point before the u.s. debt ceiling deal this year the company had more cash something in the united states has an impact was also felt across the film and music industry is after he helped established the pixar animation company and the introduction of i tunes he was married and had three children. afghan intelligence officials have arrested six individuals charged with conspiring to assassinate president hamid karzai the group which is reportedly affiliated with al qaeda managed to recruit one of cars i personal bodyguards for their operation extremists have killed several high profile figures in afghanistan in recent months the last of which. being the september twentieth assassination of the former afghan president. and that's how the news looks tonight now the north caucuses

c.e.o. of apple. at the company's cupertino, california, headquarters, flags flew half-staff. and tommourners placed flowers at apple stores from new york to hong kong. >> tom: susie, one question everyone's been asking-- what's next for apple without the creative genius of steve jobs? many people are wondering if the company can keep its innovative spirit. that spirit has pushed apple's market valuation to $350 billion, making it the second most valuable publicly traded company after exxonmobil. >> susie: it's too soon to say what the post-jobs era will look like, but as erika miller explains, many people believe apple has a strong core. >> reporter: at this new york apple store and others around the world, fans of steve jobs paid tribute to his legacy. >> a complete stranger to me, yet it hurts so bad. >> he certainly is a genius, and there's no belittling him. >> reporter: steve jobs was more than a c.e.o.; he was an inventor holding more than 300 patents. he is among a handful of people credited with transforming industries, and he is sometimes compared to thomas edison and henry ford. many wonder who will become the world's ne