what should you do if maybe you own apple. nothing. what do you do if you don't? simple. you wait for some analysts to be disappointed with the quarter. some guy that is too short-term for my taste. and you seize the moment to buy the stock at an unexpected discount the moment this guy says sell sell sell. there's always some that wanted to call the big top. big top call at apple. that will be your chance with so much ahead. new phones apple pay, the watch, maybe apple tv. you need to own the stock. just like my terrible trust does. i wish there were more to it. own it don't trade it. tuesday, a lot to choose from. but let's start with cramer faif bristol myers. today we heard a rumor that they were going to buy celgene. you own it because it's a terrific company. they both have excellent anticancer franchises. the simple fact is they consistently traded down on earnings and up on approvals. my advice is to jump on this stock only on weakness. we also hear from ups which continually disappointed wall street even as fed ex keeps hitting the ball out of the park. will this

he says, jordan just own apple, don't trade it and forget about inventsent.t's go to john in massachusetts. john? >> caller: hey, jim, big boo-yah to you. hey, looking to buy on the downdraft, recent bad publicity news on "60 minutes" on lumber liquidators? >> why? why give yourself that headache. they had some bad number. lumber liquidators is what i call a battleground. it's the verdunn of flooring. i will not get into the cross fire of the verdun of flooring. can i go to heir in new york, please? heir? >> caller: jim boo-yah from rochester, new york. how are you? >> i'm all right. how about you? >> caller: hey, i'm calling about cypress semiconductor. had a nice little run there, up to oh, i don't know -- >> 16. >> caller: almost 16 there. is this a good time to -- >> yes i think it is. i've seen this stock trade down and people are saying jim, what's the matter with it? i say, nothing. i say, buy. all right, now i'm going to go to bruce, oh, in ohio. bruce! >> caller: boo-yah, jim. bruce from chesapeake ohio. i've been following you since the 1990s on the

quincy crosby do you own apple? would you buy it here? >> well, you know we have portfolios within the company that some have apple, some don't. but i want to just say one thing that happenle showed us that's very important because we talk about emerging markets all the time. nearly 40% of their revenue comes from that middle class and emerging markets, particularly china. there is room for american companys to sell into emerging markets as the middle class continues to grow. that's why would like to say about what apple showed us yesterday. >> here's the thing. yesterday on the program we had this debate between dan greenhouse and ross. ross is saying apple is an underowned name. apple was one of the widely knowned names a couple of years ago. today karmcarl icahn tweeting, saying people still don't understand how howe valuable it is. apple is still undervalued and misunderstood. expect to put out another in-depth report in two weeks. this underscores your point that carl would probably make as well. there are probably a lot of big activ

scottie: charles, you don't own apple yet. charles: i don't own the product, but the stock.linton foundation own everything. they took money from everyone. they've whittled it down. we'll take money from some foreign government. hillary clinton is running for president. her foundation is still taking money from foreign governments. this doesn't smell money. we'll talk about when we come back. ♪ ♪ charles: the clinton foundation says it's going to continue to accept money from foreign governments despite the conflict of interest concerning hillary's presidential campaign. by law, foreign nations are banned from contributing to campaigns of american politicians. joining us now is executive director of turning point usa. charlie. trying to get you on the show for a while. what do you make of this conflict of interest? how deep will it impact hillary? charlie: it's a big conflict of interest. if hillary gets elected president, she has to sit down with one of these foreign leaders in negotiation, hold on, president clinton, didn't we give you 100 million-dollar grant for your ele

i still think people want to own apple. i know pete's in apple right now and has been in personally apple for a long time. if you believe iphone sales will suffer maybe the strategy the trade to make is to go after a sir ris logic or skyworks own puts in those names because if iphone sales are soft those names will be sensitive and very volati volatile. >> the best trade off of it has been, continues to be, and you and i talked about this, china mobile. look at chl. why is that? apple is losing in certain parts of the world. not in china. their market share is staggering there. continues to grow. china mobile still not high. i think this name goes higher. >> good day to have -- there's china mobile to your point up 7.25%. >> there you go. giddy up. >> right. >> let's bring in btig's walter piesick, not his downgrade, he has a buy on the stock, $150 price target but you want to weigh in on what we're talking about here related to apple. >> well, i think you guys mentioned currency being an issue but currency was something tha

i'd rather own apple than the s&p 500. >> quickly, your vote. your vote goes to? >> apple. >> and your vote goes to? >> apple. >> clean sweep. on twitter, you all out there said apple as well. that means apple advances to the championship. all right, after the break we'll finish out the fab four round between facebook and paychex, who already beat out ebay. the loser will be eliminated. it's a david versus goliath matchup after this. when you're living with diabetes, steady is exciting. only glucerna has carbsteady, clinically proven to help minimize blood sugar spikes. i'm a bull rider make it part of your daily diabetes plan. so you stay steady ahead. >>> apple already moving into the championship round in our "fast money madness "tournament. our second matchup is between facebook and paychex. the viewer vote will count as one vote. put 30 seconds on the shot clock. let's kick it off with karen. >> i'm going to go maybe surprisingly with facebook. >> ha. >> first i look at valuations and neither are cheap. paychex great business. not cheap. facebook also great bu

meanwhile some conservatives are keeping their own apple watch. thirtd -- 30 of them have pulled out of nigeria, qatar and saudi arabia. do you remember the movie "live and let die"? >> no. >> that's good. there is a moment roger moore wakes up and presses a button and it was a digital watch. it was the first one and people freaked out. a year later digital watches they sold them at the grocery store for 30 bucks. are you an idiot if you buy an apple watch? >> first of all, thank you for calling me cool. >> you are cool of the -- you are cool. >> i don't know if you are an idiot. i am on the fence about buying one. it is first year tech. so you are buying something and it is not cheap. you are buying something that in a year is obsolete and i think that's apple's biggest problem. you are asking people to pay a lot of money that in a year is obsolete. they say that for the ipad. ipads are so expensive are you not replacing an ipad every year or even two years. you hold on to it so the sales are down. i may compromise and buy one and never wear it i

you can go own apple unless you want to be one of those analysts that tells you buy sell. i guess they have nothing else to do. we have to deal with the decline in the oil stocks including the crushing of royal deutsch in the way for it's ridiculous overpayment. i hope exon or chevron is up. how much do we love perrigo? plus just because world deutsch blew it it doesn't mean smarter companies won't be discouraged to buy properties that are worth a lot more than they're selling for. as rich morgan recently did with that pipeline purchase. maybe he is in need of a spare billion. i shouldn't need to remind you how positive lower energy prices are for the stock market and economy. there is some hedge form that uses oil as a barometer of economic strength. concern after friday's ugly unemployment number this might mean something that's dire and scary. there are plenty of funds that sell it for some sort of reason. the market can be very stupid. we're being given a gift or maybe a reprieve from an oil spike spoe that would have undone whatever we've had here. sorry for not being

kent, jo, behold i have finally joined you all in the p 20th industry not it anymore but i have my own applee. i was the last customer. finally gone. i bet they're going to talk about that and a other things during earnings, jo. >> i can help you get acquainted with that iphone expecting big earnings at wall street looking ahead to this potential 60 million iphones sold in the last quarter. that is what the estimate is. the consensus estimate. we're also looking at $2.16 a share. 56.1 billion dollars in revenue, that would be a 23% jump melissa if they do hit that. apple looking for a very big quarter there. >> nicole everybody down on the floor of the stocks exchange that she got rid of the blackberry and joined iphone nation after all of this team is that chatter or talking about somebody else? the front? >> chatter is so loud i can't focus. but yeah, i can join with you this is my first year of the iphone i love it so far. stock something is what hadding right here. it is changing other and evident in the stock. stocks up a buck 12 right now. year to year, to date up nearly 20%. up every

i have owned apple computers since 1982. i have loved them. when tim cook, the head of this comes out and attacks indiana, look, he is sell computers in malaysia. and in malaysia it is against the law. they took a former prime minister and charged him with being a hoaxial and tossed him in jail and yet, mr. cook, while he sees a terrible thing wrong with this law in indiana he didn't see anything wrong with the law that's on the books signed by bill clinton and sees nothing at all wrong in doing business in malaysia where they take homosexuals and jail them. >> with all due respect to you your points are absolutely valid. there is hypocrisy all over the place. but pointing to it isn't going to help this cultural civil war. >> no, no. >> we need a leader in this country who is going to be very, very clear on this issue. very clear. representing just people in america are getting the hell kicked out of them right now pardon the word. >> bill i agree with you. i thought marco rubio's statement was pitch perfect. i hope we see more like that. ther

i don't know why you would add -- apple has the to trade on its own. d probably even apple over the market. >> people talk about the large numbers. >> yes. >> but it's used incorrectly. that talks about experimentation over a period of time. when people say that, i think they're saying it just to say it. can it go there? i have no idea, but this quarterbacks up everything pete has been saying for a while. i've been trying to trade it. i think the stock is making the next leg higher. >> the context is not just apple blowing out earnings. so what does this mean here? >> i think you can, and i think that's not where i would go, but if you don't want to be specific, i would like at xlk. >> apple is bigger than the xlk. >> but now you're getting the names you problem want. if you want to be that focused, which quite honestly, i like individual names, but if i'm going to go for an etf, i would go to xlk. >> we haven't even talk about the foreign exchange, dollar. apple had a massive grade seedle. if the dollar stays here this could be a headwinter if your gro

how about you own apple? you don't trade it. something after 114 million shares that changed hands today told you wasn't obeyed at all. that's okay. it's always that way. but then you have murierk. the drug company that had failed to innovate and come up with blockbusters. it was the most forward of the drug companies. we used to call it st. merk when i broke into the business. why? because it could do no wrong. lately merk had become the ultimate. pretty much everything from animal health hepatitis c, diabetes cancer. then this morning it totally dazzles with better than expected numbers and some good news on its hep c formulation and cancer franchise. suddenly it's merck transformed and the stock is the standout of the day in the dow. but is it? my charitable trust owns the stock. i'm thrilled that it rallied so big on this quarter. however the market has a confession to make. merck isn't that terrific. it just isn't as bad as we thought and for that it gets a brand new valuation and a better one. you think that's odd? how abo

and if you're dreaming of owning an apple watch, you won't be able to buy one at the store. apple's retail chief says the watch will only be sold online for the next several weeks because supplies are limited. apple hasn't said how many watches have been ordered but one researcher says a million people placed orders for for the watch on april 10. a boston-based company wants to use technology to help the parents of infants a high-tech onesie that tracks the baby's breathing and sleep patterns. it costs about $200 and can be customized for the baby's age. final preparations underway for a major event on the mall tomorrow, the global citizen earth day rally. 250,000 people expected to attend. the stage is set for performers like fallout boy gwen stefani and usher. anyone who wants to attend is encouraged to take metro. there will be road closures in effect during the show running from 11:00 a.m. to 7:30 p.m. anchor: 250,000 people are expected. they were testing the sound system. it is loud. really loud. thankfully during my loud shots they toned it down. tomorrow's looking pe

this is ultimately why i want to own apple for the long material, it's a company that's going it stayith you and a company you can count on every time. >> b.k.? >> for me it's the exact opposite. it's facebook, primarily because they have a lot easier ways and levels levers to pull so they can grow. apple, a one-trick pony. facebook have multimillion properties experiencing the network effect. they're just starting to get the fruits of the network effect right now. we had that break out above 82. sell settled off with a little bit. we saw the support. even today on the selloff came back to 82. it's facebook over apple. >> the choice for me is apple. they have apple pay, a pretty big pony. that's their second pony. the other one is their never-ending upgrades. >> stop horsing around. >> oh. >> very good. >> anyway. >> so, it's a never-ending upgrade cycle. i'm also playing for the capital allocation. so we don't know what earnings are going to look like for them. i'm sure they're going to be positive. but i think the apple watch is going to move the needle more than people suspect. i a

we own apple here. you can't sell your watch. >>> you maybe punching your pillow right now in frustration but saturday was the official international pillow fight day. yes, there's such a thing. >> for the first time, thousands celebrated the event in two greek cities including athens. it raised awareness there for abused women and children with the motto pillow fight, don't fight. another held in bucharest square and if you get tired at this one you can take a nap. >>> coming up, the hunt for a missing college freshman. she disappeared more than a month ago. and now police led to a pond in virginia and a new twist involving her step father. >>> and a new role for former commissioner bud selig. what he is doing now and what he is telling abc news about baseball's biggest controversies. you are watching "world news now." ♪ >> announcer: "world news now" weather brought to you by easy off oven cleaner. d to do now is just put our platter in the oven which we've already prep- hold on, sharon! you can't coo

you have to own apple and stick with it. charles: thanks a lot.ing worse. bringing one of the worst droughts in the states history. residents could be fined for taking stores that are too long. charles: all of the businesses. it really is coffee what has gone on in that state. >> some extra weekend money. >> that is right up your alley. i really want to go in there and show some muscle. [laughter] i get you go into the house and you feel people. >> there is a terrible doubt. what are you going to do? >> he is a whack job. it would actually work. the middle east does it. there are a lot of things that need to be done. >> damage early on. charles: the delta smells. >> one of the biggest culprits in california. the california waterboard. making bad decisions for a decade. taking care of for his street and trees. charles: i have never left new york. i kind of miss your political tweets. now it is politics season. >> i am for donald trump heard maybe even carly. she is a businesswoman. i want a business person. >> you are hard to peg. >> some people ca

they have all of that money abroad between the bond deal to bring money back to the fatcats that own applentz: [laughs] the answer is no. what is the motivation? the motivation is to the shareholders. minimize your tax liability, do not bring it back. now, you change the rules, you bring it back, but you will not bring it back until then. the games being played by corporations today are games that i learned as a brand-new mba in chevron's treasury 1970's. -- in chevron's treasury in the late 1970's. olivia: apple tv could change your world. craig: the iphone is a pretty tall order, but sure, apple tv could be a big deal. they are watching the lawsuit with verizon and that sort of thing to figure out can they get the content to make this business model work? i would not bet against them. tom: craig moffett brad hintz what a pleasure. stay with us. it is "bloomberg surveillance." ♪ tom: good morning, everyone. "bloomberg surveillance." let's get right to top headlines. olivia: the vatican officials are meeting today to plan the pope's climate change campaign. in a major statement this summer

you can't beat apple at its own -- beat apple at their own game. focus on things that are tactful. mport swiss watches into the u.s.. presumably not impacted by this threat. ben: it is on the rise. i don't think that the apple watch right away will take it he's out of the pie, but long-term absolutely. alix: it is going to get consumers away from other products or open them up to new ones? ben: i think no matter what, if apple sells 30 million watches this year it is going to absolutely impact the bottom line of every industry luxury wearable. with accessories, clothing, etc.. there's so much discretionary income pulled out of the market. there no question it will impact everybody. alix: how big of this will be as a seller? ben: it will be huge. china is the test mark for the addition. a solid gold version. for $10,000 you can buy a rolex that will last you literally for the rest of your life. in no way isn't competitive to that but china is a huge market luxury watchmakers. alix: thanks for bringing this. it is so cool to see it in person. after the break i will speak with a former

they hint it will take on apple's new watch with it's own model w.ible new device doesn't just tell the time but it also tells the date the statement said. the stock jumped 0.8% before the truth set in sending shares slightly lower. >> i find this incredibly irresponsible on behalf of tesla. it's april fools and you want to have fun but the stock moved on this fake release. you have to be careful there. >> i think the sec would look into that if they do have a problem with that. >> we'll see. >> elon musk tweets all the time. i guess that's okay. >> why wouldn't this be okay. >> but the difference is he thinks that's the truth. he's projecting. >> you're right. that is true. >> let's take a look at one company yesterday, shares moving lower after the company delivered weaker guidance in it's quarterly earnings after the u.s. fell. micron sees revenue below guidance. down 2% in frankfurt. >> here's a great story for you. you have more of a chance of seeing elvis shopping in a supermarket than you do of winning the lottery twice. tell that to one coupl

i think you cannot own apple that is like microsoft two most owned stocks.ll be without a doubt first triple evaluation company with a lot higher to go. i think the iwatch is going to hit it out of the park increase ecosystem for all kinds of folks. i think this there's nowhere to go for the stock but up. >> ohing we liked what you have to say about microsoft at 65 so glad you're on the show. great to be back with you. [laughter] >> thank you stuart. >> thank you back to baltimore. dozens of social media accounts urging protests linked both baltimore and ferguson . come on in. dr. keith ablo your take on the professional protesters fanning flames on the social media that you really don't like. go. >> here's the thing i like social media for certain things donating for charity et cetera. but bottom line is emptiness of people's lives when they play out a lot of their life stories on social media invites this weird intersection between things like the word purge, the movie with ethan hawke calling, pretext all crime being legal. calling people to do that is ca

i think there are plenty of reasons oto own apple. battle between what rick said about the commodities, wauven aetna, it is doing well. you have as to watch retailers which did terribly. there is a trade. if you boy commodity, i seen people think stupid is wood. it's a sign that maybe the dollar has peaked. therefore, you don't need to hide in home depot. aetna is saying you can still hide in the united states and make a lot of money. apple is say,ing, wow, i don't know? >> isn't apple saying who is the incremental buyer? did you see that? i'm looking for it. >> waiting for it. >> a viewer pointed out the margin alibier of apple is apple at this point with that kind of capital return. >> maybe. i don't take i'm sure some people are thinking, this would be a nice leap if i bet on apple 1 twlix. be calm. apple owners be calm. it's not the end of the world. it's the beginning. >> the ceo john donahoe prepares to sell off its unit. linkedin reid hoffman twitter reports tonight with gopro. we will look at markets as we gain reaction to a l

investors own apple for its strong growth prospects, capital return is just gravy. gravy tim cook is willing to dish up when apple reports in just about two hours. back to you. >> josh lipton, thanks for that. stewart, you were expecting a capital return of $150 billion for this year. the question though at this point, stewart, i think for the street is not how many phones -- you're pretty bullish on the number of phones apple is going to have sold in the quarter. it's what is already priced into the stock which has had a pretty nice run going into this release. you think it's all in there at this point? >> i think much of it is the real wide cards we're looking for are dividends to have significant numbers there. the share buyback programs sounds like it could be exciting. but of that $170 billion, there's only about $20 billion in the u.s. there are some limits as to how much debt apple wants to have. i think that limits the upside potential. in terms of units, we're seeing some data showing the iphone coming back to where it was before the iphone 6 came out. the i

know how many have been sold since going on sale april 10th many have to wait to purchase one from apple's own product fine for mislabelling products. -- specifically the company is worried about the nighttime cold and flu and cold and science and severe congestion and cough and flu products they may not have the correct drug facts labeled correctly. the company has a toll free recall number listed on its website and ours as well. coming up tonight on "action news" at 11:00 is reading on digital screens causing eye strain, will it cause vision problems in the future here is a preview of tonight's special report. >> reporter: from smart phones to tablets and video games and television our eyes are spending more time on digital screens. >> it's really all day every day. >> staring at screens can cause eye strain in the short-term but can it affect your vision in the future? >> we look at the research and talk to an expert and tell you what you need to do to protect your eyes on "action news" at 11:00. >>> the "action news" team is out working on news stories for tonight beginning at 4:00. lets g

we can't take the time to take a p a he will, get a pairing knife, cut up our own apples. >> this keeps them fresh longer i don't want them turning brown. >> you know what they're good for? to put in the kids hundred p bags. >> yep. >> back in my day, i had the actual a.m. >> i she took an apple. she would cut it. oh, leave may alone. >> already taking too long. >> did you ask to take the skin off? >> oh, my dad can take the skin off without it ever falling. >> see, gluten free lactose free and vegan. >> you know? the actual apple. how could an apple not be vegan. >> i don't know, but says on the bag. >> it says vegan apple? >> nacho free, and vegan. >> where is the meat nap snell. >> maybe pesticides and something. >> i don't know. >> that would mean organic? and it is organic, look there. >> i got it at wegmans, i don't know. >> i lover wegmans. >> weird this morning. >> at least i'm eating fruit. >> we have the time. it will be nice day. >> nine out every ten night tonight, yes, just like yesterday. >> we got to 70 degrees, cool start today, bus stop buddy wears his sweatshirt. about

company in the world reporting earnings after the close, the big numbers you need to know if you own appleew home for air bnb but asia is where they see the most business opportunity. our exclusive conversation with the ceo is coming your way. >>> and climbing billboard's top 100 singer christina miliana to talk about her new investment. >>> aftershocks are happening in nepal after the worst earthquake in more than 850 years there --

. ♪ >>> first to own a apple watch, we hope you got on preorder today they began this morning with shippinging this month. >> as kyw news radio's john machining defendant tells us you can make an a appointment at select apple stores to test it out. >> reporter: many people set their alarm clocks for 3:00 a.m. to order them on line, with so many styles ranging from $400 to $10,000, it may not be any like the one that was right for you. good news apple is making the high tech wear available to try on at select stores joe, of society hill ordered several on line and was at center city apple store to help them decide which order will keep and which ones they will cancel. >> although i made an appointment to come in, check out exactly which model i wanted and what color and they would be here for me. unfortunately they are running low, already even they they didn't sell any so i could in the see the exact color band and model that i wanted. so... i have to find another store to try them on. >> reporter: not everyone is rushing to be the the first to own the device. >> i think i want to wait, do

. >>> it you own an apple iphone or ipad, your apps could be be carrying a virus right now. security firm says about 1,000 apps were exposed to a piece of bad software that could give hackers access to your information. well, while most of the apps have been fixed some are still at risk. we just tweeted a link to a search tool you can use to see if your apps are safe. >>> an update now to a massive ice cream recall. if you have blue bell ice cream frkt products, throw them out. centers for disease control says ten people have been infected with listeria from eating the ice cream and three have died. consumer reporter erika gonzalez is here to explain what this means chblt erika this isn't the first time we've reported a listeria recall this year. >> no it's not. first we had the caramel apples then spinach, then hummus, now ice cream. blue bell creameries is recalling all of its products because they could be contaminated with listeria. the recall impacts 23 states including virginia. you should note pregnant women the elderly and people with weakened immune systems are at h

i asked if they've owned apple stock for a long time. they didn't know. decent sized crowd.y. but a couple of people i talked to looking at watch said they'd already preordered. they came in to try it on see how it worked because they ordered sight unseen. you've got loyalists here. it's hard to gauge what actual demand is from an event like this where people are just coming in to look. if you're me it's hard to gauge. apple is getting a better gaugebase on what they're ordering in different geographies. the larger size was a bit more popular, a couple of people that i talked to. who knows if that's representative. as months go on and apple gets a better gauge and these things go on sale and vailable we'll see more lines and get a better sense of what demand and supply really. >> jon fortt in midtown. >>> markets higher at this hour dow's close to session highs, 30 points up. let's get to our cnbc contributor, pulitzer prize winning "new york times" columnist jim stewart. >> good morning. >> i'm reflecting on the week. plasive deals in energy and pharma, fedex, right? you ha

. >>> if you own an apple iphone or ipad, your apps might be carrying a virus. a cyber security firm says about 1,000 apps for those devices were exposed to a piece of bad software that could give hackers access to your information. while most of the apps have been fixed, some are still at risk. we have tweeted a link to a search tool that you can use to determine whether your apps are safe. we invite you to check it out on nbc washington on twitter. >>> the clock is quickly running out on hopes that kate middleton will give birth on the queen's birthday it's only a few minutes from middle knight in london right now. queen elizabeth turned 89 today, spent the day quietly with her sons at windsor castle. prince william's and kate's second baby isn't expected to be born until this weekend. it will be the queen's fifth great-grandchild. >>> a mother accused of abandoning her quadriplegic son in the woods has appeared in court. we'll report why she won't be staying in maryland much longer. >>> a robot belonging to some local high school students is home at last. who

i still say don't trade apple, own apple.boost coming. i think the iphone is good. i think too many people are worried about watch sales. i think they'll be fine. >> jim, we'll see you in a couple minutes, the next two or three shows are out there at the new digs. >> definitely. it's beautiful here >>> coming up when we return, a tesla hack and coffee glitch. we're back in a moment. boys? stop less. go more. the passat tdi clean diesel with up to 814 hwy miles per tank. just one reason volkswagen is the #1 selling diesel car brand in america. e financial noise financial noise financial noise financial noise can it make a dentist appointment when my teeth are ready? ♪ ♪ can it tell the doctor how long you have to wear this thing? ♪ ♪ can it tell the flight attendant to please not wake me this time? ♪ ♪ the answer is yes, it can. so, the question your customers are really asking is can your business deliver? >>> well i didn't know they were down but apparently computer systems at starbucks are back up and running at locations.

they don't know if the problem is with the applecare or their own software. -- the apple year or theirs. gdp preview, a first look at this sub 1% number. i believe this an invisible 1%. just a first look. and in twitter front and center. what a busted business plan. and him forget mr. costolo with bloomberg television at 3:00. and the arts mystery of global wall street, well, at least for this moment. how will nations adapt and what is the in syria times calculus of moving negative rates through 0% to positive and then someday beyond what the new normal normality will be. they involve simple, pure math. thomas porcelli of rbc and randall kroszner one of the foremost professors. how do you go from a german rate to zero -- from a negative rate 202 something positive to instability -- from a negative rates to zero to a positive rate to instability? how do you do that smoothly? randall: there will be some balls on the road. the key is, expectations moving. if they move rapidly, that is when you get disruptions. if they can be managed very gradually, there is less likely to be disruption. t

kate: as we heard, apple has been a leader in the smartphone market. it still has its own problems. "the wall street journal" reports apple found defects in its apple watch. and limited the availability of the watch as it hits stores last weekend. apple has yet to comment on the report. the wash itself got mixed reviews as it went on sale. that is all for now. >> thank you very much. all the business headlines this afternoon. ♪ time to take a look at the headlines in the weekly newsmagazine. flo: hi. >> a great deal of focus on the crisis in the mediterranean. flo: we will look at an italian magazine. given its geographical position, italy has been pressed to the heart of the crisis. not only italy by the prime minister, matteo renzi. talking about renzi's war. italy on the front line. the crisis in the mediterranean is forcing the prime minister to face his first major international crisis. he's facing the crisis alone. >> there have been a lot of dramatic photos and footage of the shipwrecked migrants being washed up on the shores of europe. you saw one article. flo: this is the st

can imagine a lot of the people packing the apple stores today to check out the watch are series techies. the ones who have to have the latest gadget. >>:all own all apple stuff >>gabe slate:there was also a lot of people from the apple faithful camp here. >>gabe slate:those that must have whatever gadget apple puts out there >>gabe slate:in their defense. apple users have had to wait a while for a watch. android users have been enjoying them for years now >>: >>gabe slate:i asked people why they wanted the apple watch what they think they will use it for. >>: why people like them >>: this is a little bit like having cnn on your rest consulate talk to on not sure i want that i'm most interested in apple paid. >>: policy is is just another gadget or if i like it. >>james: a trip for abalone turns deadly for the three divers on the california coast will tell you when the first nine starts we will be right back. female narrator: for over 60,000 california foster children a pair of shoes is a small but important gift. my shoes have a hole in them. i can barely fit in these anymore. i hope no one would notice. they hurt my feet. i never had new sho

google wants to make sure it's either surpassing or at least keeping up with apple's own features. hat can you do with the a.m. smart watch without having your phone nearby? -- with the apple smart watch without having your phone nearby? you can store music to play back your play police list, apple pay, payments without your phone, track fitness and store up to 500 photos. >> do we really need it? would you buy one? >> i'm not sure. i want to do a side-by-side comparison. >> we have a lot of stuff. >> i do. i think that it's -- if we're talking about the apple watch respect it's first g in. so i like to stand gen and so i like to see what happens. >> if you have an apple watch you can't have android? >> apple watch works with iphone. android wear devices work with android. there are some rumors that google is working on a way to make their android wear watches compatible with ios but that doesn't mean that apple will really approve that. right? >> they will do the work and say no. >> nope. bye-bye. >> not happening. >> they are kind of cool though when you look at them. >> they are.

preorders are being taken today at select apple stores and high end department shops around the world and our very own seema mody is among the crowds getting a firsthand look at the device. >> apple making its push into the luxury market unveiling it's apple watch at a high end department store here in the heart of london. we're at the place where you can tryon the apple watch. there's three different collections. it starts at $349. next one is $549. that's the one i'm wearing right here and then there's an ultrahigh end edition which starts at $10,000 and goes to $17,000. now here at the apple kiosk this is steps away from rolex and other high end watch players. can they establish a footprint in this market? and also dealing with competition from google samsung, lg as well as pebble. now in terms of what wall street is expecting, expecting to see preorders of 300,000 apple watches just over this weekend. expects $4.4 billion in revenue from the apple watch in 2015. that number expected to increase to about $8 billion in 2016. >> did you see he that man dropping the watch in the background. >> i hope

own comic con. >> well that's apple founder steve wozniak and spider-man creator stan lee in a promotional video announcingmic con is coming to san jose next year. >> you know people will love that. they lined up for this. wozniak is hoping the event would bring huge success and celebrate the age of the geek. >> it will take place march 19th tw ove that geeks are in style because i'm one of them. "world news tonight" with david muir is coming up next. thanks for inviting us into your home tonight. >> we appreciate your time. i hope you make time for us again at 6:00. >> bye-bye. -- captions by vitac -- www.vitac.com >>> tonight, the spring stunner for millions. severe weather hitting now. look at this. the chain reaction disaster. the highways covered in ice. you can hear the tractor-trailers, the cars colliding. the screams for help. tonight, passengers stranded for seven hours. the crying babies. and now, the tornadoes spotted in the south. >>> also breaking, the explosion at a gun range. the massive fireball. images coming in right now. >>> the 73-year-old deputy who grabbed his gun instead of his taser

the problem with apple, the problem with apple everybody owns it. it is in the dow jones.t is in all the major etfs. all individual investors own it. the problem when there is, and this is not a very huge problem but when there become as very big problem with apple it will take down not only apple but also the entire stock market wit. cheryl: that is pretty bearish call on apple. but, greg, you have to admit here, this is probably last thing apple ever thought would be issue with the watch. we were concerned about the glass. we were concerned about the components, can they make enough. it is tattoos becoming an issue. >> this should be their biggest problem this year. listen, i would argue trade a real bull market for more private tattoo as opposed to kind of more public on the arm. so maybe they will be encouraging that after their next bull market for them. cheryl: i have to say, greg, so interesting, if you look at all, apple watch, i have to say we were there for the launch, i was surprised how much, i actually liked it but i had no interest in buying it. they came out

own. tech firms, ibm, apple, gains in their stocks. that boosted interest in other tech stocks.anks have been reporting their earnings too. morgan stanley posted its highest profits since the 2008 crash. >> what else are you looking at for your program tonight, ali. >> last week was at the spring meeting for the imf, and the world bank and one of the topics that came up is america's global influence. we'll debate that and whether to do anything about it. >> can't wait. ali appreciate it as wuldz. thank you. >> see you, buddy. >>> there has been yet another attempted breach along the white house fence. a california man was released after being charged with unlawful entry. that's a misdemeanor. he was accused of jumping the fence with a suspicious package. >>> australia is trying to boost immunization immunizations. australia's government is also offering doctors incentives to inoculate children who are overdue for their shots. here the surgeon general is taking part in a new vaccinations campaign. that includes this sesame street character elmo. >> just like an umbrella protects

apple having its own issues. reports of a major delay. droughts in l.a. wait until you see this. then when they say it's not it's always about money. ♪ just one week after reaching a framework for in iran deal, the worlds most world's most powerful figure breaks its silence. accusing the white house of lying about the terms of the agreement. calling the u.s. incentive and devilish. charlie gasparino veronica and her role are here. are you surprised by this? >> no. i would like to use my one minute on grand to make a statement. not the great they made facing the united states. i give you some organization. meaningful act of terror in the west in a long time. al qaeda. al shabbat. the taliban. what can these terrorist groups -- they are all sunnis. sunni sunni sunni sunni. a shiite country. this is bogus. melissa: death to america. >> propaganda. i agree with you. >> 70%. iran is much more. the supreme leader, that name, supreme leader. melissa: that is the problem. >> just making my point. you can't. i do not think we see this. in 10 years time, that population under 30 is very ri

i'm one of those guys that has to trade things, i don't own anything for long. >> apple hits an all-time high, moves into negative territory. you had people pulling money out of it now the stock goes back up positive. i guess maybe the only thing can you find weakness in was ipads. >> but you're cannibalizing that. everything was absolutely out of the park. the 61 million in terms of the iphones themselves. here's the thing why it keeps me in the stock still to this day. after those numbers, they were extraordinary. everybody says well wait a minute things are going to probably slow down. katy huber over at morgan stanley has been my favorite, she's been dead-on. i'm going with a decade with her on this stock. the thing she points out is only 20% have been upgraded to the 6 and the 6 plus. because of that, judge, i would say when people want to talk about early innings, we're in the early innings. what's driving it? iphone. 20% have upgraded. that tells me there's more upside. >> that's careerly how carl icahn feels. tweeting out apple is still undervalued and misunderstood. jim lebentha

own home. this, he watches did apple sell of its watches in preorders? though stories and more coming up., a check of your bloomberg top headlines. spacex is going to try to land a rocket on mars. the test will see if spacex will launch its falcon nine rocket in cape canaveral. is eli manning -- it is elon musk's six try to get supplies to the international space station. the new eu competition commissioner is heading to the u.s. this week and the comp is meant will allow her to discuss the case. google's rival but they were too lenient. groupon's businesses are undervalued. that is according to jean muster who says that groupon stakes in its ticket monster is missed and e-commerce platform and south korea could fetch $5 billion in the open market. they say they could have a market value of a $6 billion valuation instead of the $5 billion it has today. sprint is making house calls. a could deliver -- they could deliver a house to your door. the nation's third-largest carrier is trying to differentiate itself by allowing customers to buy new phones and upgrade from anywhere. earlier, i spo

owns it. >> talk about trading out of apple? >> why not? every stock that we've talked about tonight is tradeable. >> let me ask you, do you think that you can trade in and out of apple and do better than just owning it? it's a question. than just owning it over the last several years? >> it's the same question of why would i invest in your hedge fund or your mutual fund. look at the performance of all the other really high priced vehicles. i can trade whatever i want electronically for $8 a contractor. >> the question is, can you trade effectively versus -- >> isn't this why we're all tuning in? isn't this why we're all doing this? we're all trying to beat that benchmark. so i think to put apple in some special place is totally ridiculous. have a ball, people. trade it, buy it, short it, do whatever you want. >> i think dan makes a fair point. my point is i haven't figured out the edge in trading apple. like there's been no -- there's no rhyme or reason to the moves in apple, from what i can ascertain. >> you mean it goes up? >> it has gon

. >> i've been trying to get expectations down because, yes, don't trade apple, own it. like the perklation of apple. really good guy yesterday. i don't like percolate. i'm anti-percolation. >> tim cook wearing it at the ncaa game ad campaign people mentioned it's going to come with motions that are unfamiliar to apple users. here's tim cook by the way, at the game wearing the watch. i mean there's people haven't used this before. >> no. it's a device that we're not used to and there's going to be a lot of blowback on that too. i don't want to wear this device. i have my phone. it doesn't do anything that special. dick tracy, i see a lot of the dick tracy stuff. lower expectations say that listen, when it comes out, people will take a hard look at it they may not switch immediately. people have watches already who want watchesen it's not going to appeal appeal people who have never worn a watch. it's a slow build. slow build as we hear all of the new things that come of it. look this apple payment system is not taking off like a rocketship. >> no, but it's making progress

apple watch. but you will have to wait to get your very own. mo watches is all you can get on friday will be at select apple stores so people can check out all the features. apple says the watch can do just about everything your smart phone does except on a smaller screen. the least expensive watch starts at $350. if you like what you see you can place an order. it hits store shelves on april 25th. >> i like how we got rid of watches because we had our smart phones. and now we are going back to watches. >>> coming up finding comfort in the chaos of silicone valley. >> you always wonder did you make a difference in life while you are here on earth. i feel like i have touched a lot of people's lives. >> how this woman is using doodling to make a difference in her community. it's part of our bay area proud series. >>> well you might know somebody who does this as they are talking. somebody who doodles during they are the time they are on the phone or watching tv. they say it helps them traetd. >> during a newscast. according to one morgan hill woma

thing if you're trying to figure out what the revenue impact -- it's suddenly, everything you own is made by apple, if they ever decide to make a car -- i mean what's the shortest unit of time in the universe? it's the amount of time it will take the person who has the watch, the phone, the computer and all that to switch from whatever they're driving to an apple car. i do think apple's strategy is huge, it's a really big idea. what's remarkable is how well the stuff seems to work together. it's -- people said when steve jobs died, well that's it for apple on big ideas and i was among those who was worried that that might be a problem and i'm looking at it now and going well, okay. they've obviously figured it out. >> they seem to have figured some things out for sure. roger, stick around, we'll see you again in just a moment. when we come back, the man accused of the 2010 flash crash in court this morning. about five years later, what does the case tell bus the future of trading? 40% of the streetlights in detroit, at one point, did not work. you had some blocks and you had major thoroughfares an

. >> david gerty is a fan of apple, apple shares and why he thinks the stock could gain 35% or more from today's already lofty levels. principal of his own tech firm gva research. david, welcome and as always great to have you with us. josh lipton just pointed out that 50% of apple's profits come from one product and that is the iphone. is that really the way it ought to be there or is that potentially a risk at some point? >> it's been a risk investors have been focusing on for a long time. that to the extent that apple has been as surveillance as as they've been they're small in penetration in terms of total global market. probably less than a third of the units that are out there and if we look at what's driving economic growth globally it's going to be continued penetration of devices like smartphones, basically internet enabled smart devices and apple clearly is the premium brand in this area. we would have to say that yes, you know there is risk but the thing that's nice to look at is we see strong reception for new products such as the apple watch, a device that's going to rely upon people having an iphone to actually use. but tha

joawbone taking apple pay with its own feature.eo explains how it came about. >> we teamed up with american express while ago about how could we use that real estate to create a seamless payment experience and that is what we have done. i think it is -- forget wearable payments, it is the easiest way. you take the device and it has a mark that shows where the tag is. you tap it and that is it. emily: the up4 will sell for $200 and ship this summer. nearly a week after apple watch preorder sales began, how successful was the launch? apple says feedback has been positive. so positive you will not be able to buy the watch and store until june. apple's svp of retail and online stores angela ahrendts defended the decision to keep sales online. "it's important to remember that it is a new category. we designed a new approach. we are previewing a product in our stores before it has started shipping." during this is analyst walter and from massachusetts jp. how successful was this rollout in that it differed from typical product rollouts l