before the ipad, the smartphone existed before the iphone, but they just came out with this clunky, rubberyldy sort of thing and i don't think it will be massive option consideration. >> what did the charts say. >> apple's sort of north by northeast, very steadily, orderly. the thing is, this has gotten so big, but you know there are three sectors in the s&p that it's bigger than. it's bigger than all 30 sectors, the material sector, monsanto. it's got its own sector, and right now, those who doubt it, it's not a profitable thing. i would just stay long. >> the fact that this stock actually responded reasonably well in face of those downgrades, but to me, it does look steady as she goes if you look back a year, but looking back two months it actually looks like it's going sideways from here. i think you could take advantage of the fact that the options premiums are relatively elevated for a stock that is essentially a big bucket of cash at the bottom of its balance sheet. and if you own the shares, i would seriously consider selling some covered called against it, because i think you're goi

about $600 for the one with the rubbery band and then paying over $400 for the strap.t that is really expensive in the landscape. so the tule -- the technology is the same no matter how much you pay. it is like timex versus rolex. >> right. the smaller versus the larger watches should have differents in battery -- should have differences in battery versus cell life. >> it will be differences in different parts of the world. >> but however even if folks put in an order there is a wait time? >> they are posting in june or some are selling sellout. it is all june across the board. so months that you are possibly getting one of these. >> okay. you fiddled around with this. what is fantastic about it and what is just a pain? >> i've used these smart watches so i'm not knew to this but what is nice is it is an extension of your phone. stuff on the goen. feeling like it is a remote to your world. what is a pain that the batter life only lasts a day, liking a waking day. 7:00 a.m. to 1:00 people but still having to charge it overnight like a phone. and hard to figure out. you

it has a premium feel lower end sports version at 350 bucks with a band that's kind of like a rubberychieves the jewelry status? >> it does. but it costs $350. apple is trying to make sure i think, that they buy it with the right expectations and that they have good things to say to their friends. the first six months that this thing is out it's going to crucial for apple to shape perception. >> i expect it will be easy to answer the phone on the watch. is it? >> i think it's going to be decently easy, yes, to answer your phone on the watch. when you're dealing with incoming information, pretty easy. what's a little harder from what i've read and from what i've seen is say, creating a brand-new message and sending that out. the method from doing that is different from any other device that apple has come out with because it's a tiny little screen. >> it's crucial for me because of the fitbit. >> that is not high-end jewelry. >> i know. >> it's crap. i have one and i won't wear that thing, it's embarrassing. i can just tell you, i'm getting shaken down by both of my producers hard righ

really rubbery chicken. >> i haven't seen a gator, and i live with crocodiles and you never know. >>while, ltset's take a look at some video that was shot by the fraternity order of police down in miami. you notice that woman there in the front war. she is the assistant chief of police in miami. she did not put her hand over her heart during the pledge of allegiance. the fraternity order of police guy is furious. he says she did not show respect. he wants her off the force. >> she was the first african-american first female elected to be chief there. this is causing a stir as to why she wouldn't. it comes down to the pledge of allegiance and what is required by the department and federal law. >> if you're in the military you hold a salute. if you're a civilian or law enforcement, you put your hand over the heart. some say she was standing at attention in that slot. that's how she was doing it? >> the code of conduct for military personnel is in doors stand at attention remain silent and face the flag. the fraternal order of police president suggests this could have been a religious d