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nokia. >> so take the gains. >> you have gains? >> karen.. i tried. hold or fold? >> on chubb? it's a great company. you can split the difference, sell some, hold on to the rest. >> all right. we got your final trade coming up next. stay tuned. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪

i'm not terribly optimistic on nokia. for blackberry but you're negative on it anyway. i don't know how that works. what about you, stuart? are you positive on the stock we got you to talk about? >> i do think in the near term there's potential for sold out performance. they've got some growth in the smartphone business and that might take it higher. it is extremely uncertain. and i think both face some challenges. on blackberry in particular i think it is out of kilter. >> in march madness, one team has to win. so these are both losers basically is what you guys are telling me. you don't either one to go to the next bracket. they shouldn't have made the tournament. >> pure tournament candidate. 40% share in phones to 3.5% in smartphones now that computing has taken over. the good news is legacy staff has almost bottomed out. now we have the new windows phone that should give solid growth for the next two quarters. the question is how big and how fast will that positive momentum continue. it's hard to get too excited. the

but nokia did it, for instance, for a long time selling phones.hey have better gross margins at the low end than the high end. >> if i don't want to invest in blackberry, what's your top pick? >> qualcomm. you back up one step and say who is in all of the -- not all, but the vast majority of the smartphones, qualcomm. >> thanks for stopping by. appreciate it. beaks, where do you for this trade? >> blackberry has momentum, but i would not be buying it here, i would certainly just be getting out of it, taking some profit on it. i understand what he's saying. i guess the problem that i have with blackberry is that once you're in and the apple eco system, it's hard to steal people away from it. i've talked to more people. this is anecdotal. >> isn't that what they said about blackberry a couple years ago? >> they did. they did, but the difference is -- >> the corporate world -- >> the evidence that people i know that have switched back to the blackberry are going back to the apple iphone in the last couple of weeks. >> i think the big bull case, meani

nokia came in second followed by samsung and htc. >>> san francisco based twitter turned seven years old today. when the site began in 2006, they wanted to provide a forum for short bursts for information. >> playing a crucial role that broke out in northern av ra. >> google has stopped printing the guide book. the travel web site skipped reports the printed versions of travel guides will cease to exist but still could have life online. we tried to confirm with google and received a response saying it would not comment on the report. >>> today, healthcare advocates supported the healthcare act of the six million californians will gain insurance. >>> for years, a house in richmond has been more than just an eye sore. residents around chancellor avenue and second street attracted a criminal element. it was reduced to rubble today in a matter of minutes >> reporter: neighbors and city officials told us they've been waiting for this house to be torn down for a long time. >> we had to determine who owned the property, the lienholder and we had to go to court. neighbors say the property in

the former chinese champ of nokia has been crushed.he problem is that qualcomm has apple as a client and no one in this market wants to touch a company that relies on apple so much because all we keep hearing about is cancellations, pushback of apple orders, furlough of workers making iphones or excess of inventory throughout the system. that means every negative piece on apple is a downgrade on qualcomm. same with an apple number cut and price target cut like we got from jeffries. i think apple -- the apple link is a sub rosa reason why qualcomm got taken down a notch by goldman. the stock doesn't move. take skyworks. this is a company that fought to get in and stay in apple product line for years. every apple turndown led to questions on whether skyworks would tumble. when we saw skyworks product inside we rushed to buy the stock. now recently we learn that skyworks is in apple devices for the foreseeable future. but the news has hit, the strength of apple's iphone sales so it worked out to be nothing more than a push for skyworks at

nokia was also on hand to tout its latest smartphones the company. attitudes about its future with no less than four new handsets at their stand we got ours on a higher and checked out their. photo bombers as well as give a little extra surprise to your shots with. the south korea high tech hub like many others they've got their fingers in all kinds of electronics but they're looking to make inroads with the latest line of their optimus series which was made available to russian users before anywhere else. between carriers whether it's an extra phone for the pocket sized extra hand for a beautiful woman people are always looking for something more there's one russian company found an interesting way to give. company. with an extra display on the back. i don't know example loads of things to do but you don't really know your way around. quickly than you might expect. and if you. let your batteries about you don't have to worry about. it doesn't use any extra power to keep it. that way. you can use the screen to brush up on the history and. also. a lit

nokia was also on hand to tout its latest smart phones the company looked to brush off bears attitudes about its future with no less than four new handsets at their stand we got ours on a higher into luna and checked out their tech that can wipe out unwanted photo bombers as well as give a little extra surprise to your shots with localized animation there was the south korea high tech hub like many others they've got their fingers in all kinds of electronic pies but they're looking to make inroads with the latest line of their optimus l series one model which was made available to russian users before anywhere else. between carriers whether it's an extra phone for the. people who are always looking for something more. than an interesting way to give people the most bang for their buck. absence of any truly groundbreaking announcements from the. company is hoping to. display on the back. for. example loads of things to do but you don't really know your way around. quickly than you might expect. and. if you. get your batteries about you don't have to worry about. any extra power to keep

it's worth noting, too, shares of nokia are down by 3 1/4%.. share in china for 2012 came out. what a drop in nokia. went from 30% in 2011 to 3.7% in 2012. i've never heard of a market share drop to that extreme over the course of a single year. so we're watching some pressure there on the back of blackberry success and apple just the smart phone chatter here down by 1.4% on that downgrade today. >> finally on a day where the dow is literally as flat as a pancake. what's coming up tonight? >> we have got the investment manager over at burns seen global wealth and he's going to say why it's not too late to get into this rally. we may see a pause here. we t got the ceo of cree. over the past three months the stock is up 50%. a lot of people are wondering how can they watch up. what's the catchup trade? >> what do they do, what's cree? >> led light bulbs. the underperformer stocks at wall street love. high buy ratings, low performance, are these your ticket to catch up on this rally you may have missed? >> see you tonight. no europe close because

still like nokia? >> you know, i like nokia.un when you look back from december until mid january. went from $3 up towards $4.70. so far the options are not performing. i think it will find support near that 3.10 level. hopefully the options can perform before the end of the month. >> holly frontier, pulled back from highs, buy down here, refiners, are they still in a sweet spot? >> you know, i think the refiners in general have more to go on the downside. they are in a sweet spot, certainly making money, but what concerns me is what has driven gasoline up are the ethanol credits up $1, now down to 67 cents on less demand for gasoline. so that makes me concerned about the refiners. wait until about 48, we'll take a peek at it again. >> all right. simon. have been long walgreen's most of the year, it's done well, but it's been expensive. >> well, it's getting expensive for a reason, it's good and going to go higher. just reported a strong quarter earnings again. pays a 2.4% yield. in this type of market, you want to own a type of

the biggest loser has been nokia and blackberry. people just aren't carrying them as much as they used to. >> is apple your choice because it integrates your life? in other words, your photos you have, your music that you have? >> yes. >> why? >> i'd say that's probably the reason. you could say it dominates my life perhaps too much. but, you know, that's the criticism is that the apple executives made is that it's not truly seamlessly integrate ed i the way that apple is and a lot of people prefer apple. samsung is going to make a difference. we'll see tonight whether the hype lives up to the advanced billing. >> well, enjoy the launch. dennis berman from "the wall street journal." >> thank you. >>> coming up tomorrow, john fortt looks at the generational shift. why samsung might be replacing apple as the cool kid on the block. you know, i got an iphone -- it's not even a year yet. i thought i was cool. now i guess i'm not hip and cool. >> i'm hip and cool. this is a motorola. i'm 1 of 10% as our pie chart showed. i think there's a

nokia was also on hand to tout its latest smartphone.

>> yeah, i mean, we're not big fans of nokia right now.specially and you brought this up and they're tied to microsoft and you buy phones today, not to make phone calls. you buy phones today for what they can do and what they can run, et cetera and the problem is applications developers and microsoft is having to pay them to develop a lot of apps for the operating system and even though they may be launching on an droid in the future and we'll see if that actually occurs or not, but the problem i have with nokia is they used to have dominant share just like samsung used to have. and they used to have over 40% share and that's been cut by almost half over a period of time, so we have a negative investment position in nokia. >> right. full disclosure and unfortunately oui i don't see anything that's really changing my mind right now. >> sure. i want to ask you about blackberry. the ceo to an australian newspaper, basically hines says that the iphone is starting to look dusty and the innovation is so high that if you don't innovate at that sp

and i didn't believe me and you're stuck in a cypriot bank account having a complicated tough tough nokia's on your body you go watch the show and pay attention pay for it going to pension i stay here with thanks be on the guys report thank you thank you for the second half of me speaking with fire stein of plan a ponzi dot com. join thousands of gadget guru squawk into the mobile world congress in barcelona for research and handset makers try to get their groove back. and software super chargers hope to spin preview success forward russia's yandex turns up the heat on google and despite a new twist of infotainment it's not just fun and games often overlooked video engines pretty well the streaming clover just to the palm of your hands and there's a new player in town looking to show that too is in fact better than one. year. when their own country trying to offer them a living loving mobile. sometimes have to leave their children behind. i don't like to what. is the dream of millions of migrants the children might choose their motherland. i want my children to win over moscow. russia has b

didn't believe me and you're stuck in a cypriot a bank account having it confiscated tough tough nokia's on you body you go watch the show and pay attention paid for it going to tension i stay here with thanks be on the guys report thank you stay tuned for the second half i'll be speaking with misfire stein of plan a ponzi dot com. choose your language. we can without any financial system still some. choose good consensus. choose to use that to great to. choose to stories could you. choose to access to your. live. speed. limit. will. be very little. welcome back to the kaiser report have you got yourself a copy of this book yet mitch fire stein's planet ponzi yes this is the book mitch welcome back to the kaiser report great to be here again on this frosty spring day let's talk about cyprus how does a fit in to plan a ponzi well it's basically it seems that it's an e.u. sanctioned confiscation of funds it's not really america and it's not really a tax it's a confiscation and it seems like an egregious violation of contract law once again it removes the capital struck. sure which is a pro

as long as i don't marry nokia. they aren't bad, motorola is dead.hey make, and is not a pie they get. i is good. they are the two best pipe makers if you get what i am saying. i do with the season at delays and high of apple or samsung or go with what's next. we need be innovation. >> thank you drive. hopefully today we will get a boat at 1230. >> if we didn't come up high. i.we do get it, i. pie. >> that is our roof cam overlooking downtown since francisco. we get into some areas of dense fog, it could linger along the coastline, even well into the afternoon. have low betas of the dow will not see too < whatsoever. tanagers are offset war is started, the oakland, 48 concord, 46 of the san francisco. visibility, the fog is not nearly as dense and eat north bay as it was yesterday. concord, three tenths of a while there. a 10th of a mile in oakland. >> a lot of fog from the coast is going through the golden gate and into berkeley. tack on a couple minutes to your drive time but the fog will burn off into the afternoon. by 2:00, '60s and '70s are read

i want four steak and cheese sandwiches from pin nokia quotes -- pinnochios on campus. it is always about money and crimson melissa: i'm in a good mood now, boy. as we headed into the weekend we look what to expect for your money come monday. in cyprus chaos reached a fever pitch. reuters reporting it just passed laws to create a solidarity fund that would pool state assets and give government powers to impose capital controls on banks. the european central banks says cyprus has until monday to raise $7.5 billion or risk financial collapse. banks there have been closed all week and hundreds of demonstrators gathering outside of parliament protesting. it is coming down to the wire. what will this do to the markets. what should you do with your portfolio? with me now is our money power panel. senior fellow at peterson institute. lance roberts, ceo and chief economist with street advisors. pleasure having you there. we're trying to get our third guest all strapped up. i think that was spencer patton. we'll see if we have him in a bit. jacob, let me start wit you. what do y

liz: are they going directly to the samsung of the world or no o nokia even. >> apple has a good jobto the consumer's. samsung, microsoft are all finding ways to buy the retailers and catch that much profit on each sale. they do not need best buy's distribution outlet and will need it less going forward. i do think that is a key issue. liz: welcome, and thank you to both of you guys. we will be watching best buy. the closing bell ringing in five minutes and change, will the s&p 500 finally close above the record highs? 1565.15 is what we're looking for. we will be watching it into the close. help me beat charlie gasparino. not because of the segment we did, i am now less than 4000 away from charlie. follow me. ♪ she's still the one for you - you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialisadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like n

i didn't believe me and you're stuck in a cypriot a bank account having a confiscated tough tough nokia's on your body you go watch the show and pay attention pay for it going to tension i say server thanks again the guys report thank you thank you for the second half i'll be speaking with mitch fire stein of plan a ponzi dot com. critique three sports three arrangement three. three. three. three bros video for your media project c.e.o. don carty dot com. the worst year for the. white house for the. radio guy. because you've never seen anything like this. welcome back to the kaiser report have you got yourself a copy of this book yet mitch fire stein's planet ponzi yes this is the book mitch welcome back to the kaiser report great to be here again on this frosty spring day let's talk about cyprus how does it fit in to plan a ponzi well it's basically it seems that it's an e.u. sanctioned confiscation of funds it's not really america and it's not really a tax it's a confiscation and it seems like an egregious violation of contract law once again it removes the capital structure which is a

and my mom and i got tickets to see you at the nokia theater.fun out here. >> go to the laker game tonight. went to the "vanity fair" oscar party, very swell and i get to write the factor script every day sitting by the pool. can't do that in new york. there are no pools, they're out in the suburbs not the city. and diana, scottsdale, arizona, my husband and i caught the show in phoenix, and you and mr. miller had husband laughing hard. i'm glad. if you can't see the show in person we have a dvd available on bill o'reilly.com. check it out. from brownsville, texas, stories of food stamp abuse in texas sad, but true. saw people buying valentine's day baskets with food stamps and it was allowed because there was fruit in them. and frank, from brazil, hey, bill, watching the factor while floating on the amazon river. it's hot down here. don't jump in the water in the river to cool off, frank. it's a little pirahanas, you know what i'm talking about this? you're going to have to just absorb the heat. if you go in the water and the giant anaconda mov

o, i was in the audience when you and miller killed it the at the nokia theater.u got your money's worth. bolder fresher dvd is out and super premium tickets to meet me and miller personally. kansas city and wesbury long island. and back to the tip of the day, an interesting one tonight. dealing with people who attack you personally, it's happened to all of us. you know vile gutter snipes, they're unfortunate fact of life and now with the internet the gutter snipes run wild. it's painful to be attacked personally. i'm actually numb to it now because it happens to me every day, but i understand well the malevolence behind those attacks. what do we do? back in 2003 the di despicable things like me. and i helped him, a major mistake. and now i pretty much ignore the gutter snipes unless they physically threaten me or damage my property. here is a tip, do not, do not empower people who attack you personally, but you've got to protect yourself. every american should have a personal lawyer, somebody is harming you or your family, that lawyer should put the villains of n

that is not pin nokia yos. that is in the middle. harvard campus.mily, you got isn't. >> you have a big box full of them. melissa: pizza while you're at it because you passed off that nonsense. >> how will we ship a pizza. melissa: not my problem. you made the bet. don't care -- hire a plane. do anything you want. winning takes care of everything my friend. >> that's right. i agree. melissa: thanks for coming on. >> wait a second. my gators are still in it. if my gators go all the way you send me bagels and pass tram my. that is half the bet. melissa: thanks, bye. >> bye-bye. melissa: wal-mart has a new way to deliver packages for online buyers. let store customers do it. why wouldn't you want strangers to deliver packages to your house. why wal-mart could open up pandora's box. do you ever have too much money!? ♪ . ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global econom

o, i was in the audience when you and miller killed it the at the nokia theater.bolder fresher dvd is out and super premium tickets to meet me and miller personally. kansas city and wesbury long island. and back to the tip of the day, an interesting one tonight. dealing with people who attack you personally, it's happened to all of us. you know vile gutter snipes,

we create these rumors that nokia could pass up. they get points for the number of books they read -- rooms that no kid could pass up. it translates into a much better academic performance. we cannot afford to throw any of those young people away. for every one of those young people we keep from going down that path of self destruction, that is one less person you have to protect yourself and your family from. one less person in the welfare system. one more taxpaying productive member of society that may discover a new energy source. we need all of them. [cheers and applause] humanitarian part of the program is every bit as important as the academic part. we are a humanitarian mission. historically, we have been. many people do not know this, but socialism started as a reaction to america. people in europe with us and said, look at those americans. you have people like ford and kellogg and vendor build and rockefeller. they have so much money. and rockefeller. you need an overarching system that receives the funds and ridges to visi

this reminds me of nokia when the lumia was going to do so much. >> gavel comes down. that's the end of the debate. who made the more compelling argument. >> pete did, the reason being the short interest is so high. >> of course. >> i was tempted to go with you, murph, i can't do that. >> can't do it. >> the other thing is, it's really going to be what blackberry will launch in may, the cue which has the qwerty keyboard right on it. it's not that at&t news was negative, they just haven't been behind it as much as we would have liked. verizon will feature it. i think with the risk reward you have to go with blackberry. by the way, i think the end game is they get acquired because of the security of their network and their enterprise exposure. >> i should also say, an interesting interview on cnbc with thorsten heinz, that's tomorrow. . >>> make sure to watch the interview tomorrow with thorsten heins. >>> a big data revolution will deliver valuable information to everyday investors. it will be hosted by courtney reagan. >> it's amazing the amount of data available to bu

. >> a nokia isn't even mentioned by name. >> biggest player in the world.the this device, which by the way you can use your eye to do things with, can charge wirelessly, sounds neat, does this become number one not just by numbers but by mind share? >> also a pedometer. you could be looking at -- but here's what is really interesting. so at the road show for this, there's all this criticism today about whether it was maybe kind of sexist. can we roll the video? it was a little weird. someone told me it was the cross between a broadway show and a "star trek" convention. this new item, this new device. bizarre song and dance, women drunk up as drunken housewives, apparently. reporters who didn't exactly know what it was all about, i guess. >> what do you think, rich snard. >> do not confuse bad taste with sexism. >> i'm just saying it's weird. >> these launches have taken on a life of their own. flash mobs and stuff. i couldn't care less. >> remember the old cars we used to go to with the beautiful women? >> my, my. >> but the point is do we think samsung has

regulatory filing nokia's ceo saw his pay package cut 45%. he earned $5.5 million in 2012.from ten.2 million in 2011. >>> at recent shareholder meeting barclay's ceo air ran jenkins plans to reduce the bank's staff by 30% in attempt to cut costs. decreasing the staff to 100,000 from 140,000. >>> china's exports surging more than expected in february, leaping 21.8% but imports fell 15.2%. so that balanced it. >>> whole foods market announcing it will label all jenette lick modified products by 2013. genetically. >>> ready to get a caffeine jolt from the chewing gum? wrigley is launching alert caffeine energy related gum, they will have a caffeine as half a cup of coffee but no coffee breath. that is today's speed read [buzzer] david: with you do that? liz: i kind of like the coffee process. david: i like 5-hour energy. she doesn't like it. i do. venezuela is one of the reluctant partners of the united states which we receive 13% of our imported oil even as their late leader hugo chavez was insulting us and consorting with our terrorist enemies. now that chavez is dead could

nokia somewhere in the same ballpark and blackberry has been up as much as 14%. trade, people playing into this thing. this is a name i think goes higher. >> he loves crushing my apple trade. juf to look at these things and look at them apples to apples, another pun intended. >> let's talk nike, reporting an increase in gross margins, breaking eight straight quarters of declines. >> this is what everybody is waiting for. i talked to a number of people even off camera last week on the desk, we were talking about what do we do with nike here? you seem to be attracted to it. it's the right name for this kind of environment but we're afraid what's going to happen in china. afraid what's happening in sales. bang, they came out and they just surprised to the upside. i think it's a high quality, hybrid name that shows that they can push through despite china continuing to be weak. >> all right. finally dell d-day today marking the end of the go shop period for dell buyout offers. >> if they were really serious blackstone or anybody else about doing a deal, it would have

i like what they're doing in terms of their space and their partnership with nokia. windows phones are selling. >> guy? >> in terms of -- >> old technology names. your favorite. >> i'm long that one. >> oracle is not underperforming, but old technology, i still think oracle is the best mna shop out there. that's old technology that has performed that will continue to -- >> so, not answering her question. >> you -- i don't have -- >> you said the ones that underperformed. i mean -- >>> coming up next, cnbc's -- where's the baby? jane wells goes behind the numbers to tell us what is really fueling this rally. jane? >> i'm still reeling from tim -- tell him, if i had a dollar for every time someone said they liked microsoft, i wouldn't have to do this job. >> can cut me a check, jane. >> it will never get to $40 again. >> sound like you've been burned. >> back to this. yes, people on the street say, we don't know if we trust this rally. i said, where is your money in your 401(k)? oh, stocks. we'll look at some telling numbers and reasons behind that next. ♪ [ cows moo ]

galaxy had the vibrant energy screen, but that said, s4 is looking great and could take the wind out of nokiaberry and as i said yesterday, those guys in 2012 already had unit shipments down 25 to 55%, and the marketing spending, you could should expect from apple and samsung is more than anybody else in the market can match. for the others to grow, they have to figure out some standout feature and the ball is in apple's court soy expect them to make some software changes with iowa 7 and with the look and feel of iphone 7, it won't stay the same, guys. >> the fact that apple is up today, because of the revelation about the s4 was not that groundbreaking showing that there was some relief in the apple camp. let's bring in marley ward who says that the event was in her words tone deaf and shockingly sexist. >> i admit it is looking like bad vaudeville, but nonetheless, why sexist and some of the other things that you are criticizing it for. >> bad vaudeville is an accurate portrayal, and my problem with this show in particular is that i know that samsung was trying to create a presentation that

could it be the nokia? >> well, clearly you're seeing android come down in price.d user base, you have iphone and android eroding. windows hasn't had much of an impact. it is nibbling around the edges. >> james, thanks for your time. >> jamie dimon used the to be wall street's blue-eyed boy. not so much anymore. more on that when "squawk on the street" returns. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. dowthe >>> the dow is up 62 points in fm. jp morgan is attracting a lot of attention, though. slightly more negative att

makes it likely microsoft or nokia makes a run at them.hen you see a company make this money without the new product, gi back to some parts -- morgan stanley piece saying, maybe you don't even have to think about the device. subskripgs model is good even if you lose some subscribers. >> the lesson being these things do get overdone on the down side on occasion when there's a great deal of emotion involved and it does appear that there's no end in sight in terms of subscriber losses. but this stock is up what? >> so is hewlett-packard. so is best buy. these were stocks -- >> those best buy at $22.50? >> no, i don't want to own it. blackberry, there were questions about its balance sheet. the guy that's going to be on "street signs" -- let's give him this. he's managed to fix that balance sheet. balance sheet fixing is stage one. >> all works in progress. zplf course. but look at cash, $2.9 billion quarter on quarter unchanged. that's a good sign considering they had a product launch and fees pli had to spend some money to launch this produc

>> blackberry got three votes and nokia got two, one or two. >> is that true?uy. i'm a consumer, but i wonder as a business, do you own either? >> i do not. >> you do not. >> we're continuing our tournament and our stock players today. our facebook versus goldman sachs. remember, you decide who advances. vote on our "squawk" cnbc facebook page. and joining us now for the east coast stock team, senior research analyst at barclay's and he covers goldman sachs for the west coast team. evan wilson at pacific crest securities, he covers facebook and i welcome both of you. i'm going to go to roger first, and by the way, these stocks have nothing to do with each other. except you have to figure out which one is going to do better? make the case for goldman. >> so, i guess with the way i make the case is we're probably at the early stage of a long recovery in this industry. and there's a lot of operating leverage as volumes improved as the new regulatory environment sets in. so i think there's a good -- there's a good path forward. depends on exactly when this final to