on one hand a suite of samsung products. the other hand, the specific crest note that says basically sell apple. downgrading price argument to 100. do you agree? >> our 12-month target price is $103. obviously the stock closed a the that level yesterday. we think the shares are fully valued at this point and frankly i don't think a lot of people are accounting for potential disappointment coming out of the event scheduled for next week. that obviously seems to be what people are thinking about and perhaps worried about at this point. >> there's this idea that the iphone 6, because we know how popular and how much market saturation the iphone as a product has, that the iphone 6 a already priced in, but that the potential for new product categories whether wearables or payments, that's going to be where any upside surprise comes from. have you put a number on what you think that market could be for apple? >> we haven't put numbers related to those potential categories, in part because apple hasn't announced them and i think a

this is what samsung electronics has been denying. the high court rule that a former employee developed leukemia which led to her death because of her working environment. he is representing his daughter. she died of leukemia seven years ago. she was 22. >> translator: my daughter told me that her job was to dip semi conductor parts in liquid containing chemicals and then to take them out. >> reporter: the court recognized the claims. it said she was possibly exposed to benzine, a chemical known to cause leukemia. the court did not specify the cause of her illness but it did say it is rational to conclude that some chemicals in the factory were to blame. >> translator: it was a fair ruling for yumi but there are more workers who deserve compensation. >> reporter: the court recognized the cases of two plaintiffs as work related but not for the other three. rejected workers and their families rallied in front of samsung headquarters and demanded more information from the company. among them was this lady who worked on a chip production

the same thing with the samsung edge. it's got a bevel on one end so that it can offer some screen commands and the use like a menu. interesting, but not necessarily groundbreaking. it am thing they showed off two years ago and these hot introduce, but it's more of a handshake than a hug. there's no price on it or carry our announcement, so it's a lot about being ahead of apple, not about announcing a new product. >> samsung's tablet market, the sales have slowed down, not unlike what is happening with apple, but they have dominated tablets until now. apple next week will be giving them stiff competition. >> there's going to be some changes in the way the business works and the breakdown of what a phone is, what a tablet is, and what is in between. particularly the in between area where we've got these excise phones coming next week. i wonder how it's going to shake out when we talk about the many tablets and what it means for those devices. we understand apple will come out with a bigger ipad and i think the market and a

apple versus samsung. this week, it got even more heated with samsung announcing the new galaxy note. will ultimately win this fight. is the russian government behind the major hack attack on jpmorgan? investigators have found key clues pointing to a city in russia. we will have the latest as investigators search for the and motivesntity and were all that stolen data may have ended up. first, to our lead story. from google to the white house, president obama has named megan smith as the nation's new chief technology officer. most recently head of google's secretive google x lab where it's creating moonshot products like self driving car and delivery drug. twitter general counsel has been named deputy cto. their mission, to help the united states and on top of technological innovation while dealing with tough questions. for the latest, we are joined by the nation's very first chief technology officer. rate to have you here. -- great to have you here. he made you the first. what do you make of megan smith th

the same thing with the samsung edge. ithas a bevel on one end of so it can offer on-screen commands like a menu. interesting. groundbreaking. something they showed off two years ago. these products introduced, but it is more than a handshake than ahab. you could not buy them. this is about getting ahead of apple. >> obviously samsung's tablet have slowedsales down, not unlike what is happening with apple. have dominated tablets until now. is going, next week, to be giving them competition. look, there is going to be some changes in the way the businesses work between what a phone is and what a tablet is and what is between. phonesot these big sized from samsung like the note and a bigger iphone next week. i wonder what it will mean with the many tablets and the sales of those devices. we understand apple was going to come out with a bigger ipad next year as well. market is getting bigger. >> samsung took a swipe at apple during the event, the band maroon 5 said there was going to be an iphone burning? they announced to t

>> samsung is methodical.ay have been first but samsung went through and saw what type of applications people would be using, what types of things they are watching. if you go to korea, everybody on the subway is sitting on their cell phone watching tv, watching a lot of video. and video usage needs a slightly larger screen and samsung, they were the first ones into this tablet market. we can see it now with the announcement of the edge, the galaxy edge, the note edge. and this is something that is going to be interesting, and it will give you two screens on one phone. >> i don't know about the note edge. it looks really different. >> it is intriguing and what samsung is very good at doing is finding every possible niche out there and they will get a phone to fit in that niche. not everybody is going to be interested in but it is a cool interesting twist. the note 4 is taking the pocket computer, kind of next to that next level and they have been doing it for a long time. people are starting to get it. it's ab

this is what samsung electronics had been denying. the seoul high court ruled that employee developed leukemia that led to her death. her father is representing his daughter. she died seven years ago. she was 22. >> translator: my daughter told me that her job was to dip semiconductor parts in liquid containing chemicals. and then to take them out. >> reporter: the court recognized the claims. it said yumi was possibly exposed to benzine, a chemical known to cause leukemia. the court did not specify the cause of her illness, but it did say it is rational to conclude that some chemicals in the factory were to blame. >> translator: it was a fair ruling for yumi. but there are more workers who deserve compensation. >> reporter: the court recognized the cases of two plaintiffs as work related. but not for the other three. workers and their families rallied in front of samsung headquarters. they demanded more information from the company. among them was kim unjong. she worked on a memory chip production line for five years in the '90s. she

why don't you front run samsung?> [laughter] i would love to front run samsung except i signed a nondisclosure agreement so i have to be very careful about what i tell you samsung is doing. they have a lot of great products coming up. i can only report what has been reported in the korean papers. i read korean. this is a company that wants its own and has its space in the tablet market. yes, apple is not here. yes, they may be front running them. ,ou have algae, nokia -- lg nokia, but can you have a tech conference if apple boycotts? iphone 6 the ifo 6 -- coming out in september. can tom do his christmas shopping if there is no apple? [laughter] >> samsung is getting squeezed by chinese and indian smartphone makers as well. tell us how samsung will push back on outside. >> they want to own certain spaces. a want to on the tablet market. -- they want to own the tablet market. this is not just about smartphones. it is wearables and smart watches. they may be unveiling a smart watch that is totally untethered to your ph

what does that mean for a samsung?ns they are in a position which is highly commoditized. a lot of people can go and make hardware for smartphones. there are probably 10 other oem's in a position. >> they have become the dell or the hp of the mobile phone world. >> it's hard. they have to continue to innovate with hardware. that is an extremely difficult position to be in. i give them credit that they are trying to move in this direction. they are trying to launch software in an operating system contained within this new watch of theirs. it is a very difficult path to go down, particularly the utility you may get out of a standalone watch. is that really going to sell millions of watches? it's going to be tough. >> i remember when samsung had its own operating system and it wasn't so great. i remember symbian. and where's that? gone, right? lob had a great quote when nokia was really tanking. he said, we were not just to be to buy products or phones. we were beat by an entire ecosystem. they had this burning platform s

samsung is incredible.e burning directly following this press conference. yeah! >> first, though, a special guest here on asset with us. walt mossberg, co-exec piv editor of re/code is here. a treat to have you on-set. >> treat to be here. >> josh steinberg and of course, kayla tausche as always, jon fortt is live at the samsung event in new york city, and jon, we start with pup what have we seen so far this morning? >> well, i just ran in there for you, guys. got my hands on pretty much everything they would let me get my hands on. the galaxy is about what you expect. an update to the note line. the screen is nice. the note edge is probably the most notable phone of the two, because it's got that screen, that slightly wraps around the right side of the device. you can do numerous things with it. a center meter inch ruler to use if you want to measure something. acts as an extra navigational ping. operates completely separate from the main screen. so it's possible that software developers can come in and do

now we talk about samsung. alex, today samsung, we can show some of the video.me very curved interesting pieces. they have got this sort of looks like oculus rift headset, adam shapiro said, i don't know, i couldn't see anything in it. he was there at the event. they have maroon 5. sexing it up. there are very smart people there and it is android. android crushes the ios system, does it not, when it comes to numbers? >> it doesn't, not really. right now apple is the number one selling single smartphone in north america. as you pointed out at the beginning of this segment, the iphone is already preselling very nicely in china without us even knowing what it is at this juncture. yes, the samsung devices are very nice, attractive devices but i didn't see anything revolutionary today that didn't close the door on apple's ability to surprise us even more. and coming back what you were talking about with security. i think fingerprint scanner and kind of security apple can deliver is actually going to bring people towards the new technology, versus push them away from

but, i own samsung products not these particular ones, yet. what do you make of, that samsung risin trying to one up e saying they are trying to catch up with us, what took you so long? >> i think it makes sense. i think neil, it is something that to your points a lot of customers have wanted this whole time, they are staying with apple. neil: i don't know, i don't know about that. people tried these, i was a former apple phone user, they are very easy to use. you know, what i'm saying. >> listen. i'll protect you if he comes after you. neil: have you not seen him, you will not be able to protect me. >> i will fly to new york on moi own -- on my own dime. >> youan help me, right? >> you don't go to samsung. >> wow interesting. >> i don't know. neil: they were considered a big laugh. >> i have a samsung device, i love it. >> if you are a apple lover, i use a apple computer, you cannot coordinate that with your other data. >> a good points. talk to each other the devices, they cannot do that. >> going to issue two right now. we lost our lead in

is this samsung effect, maybe? >> we did talk about samsung, competitor indeed today. basically it said it is time to take profits in apple. meantime earlier this week, we saw 103 hitting all-time record highs ahead of iphone 6. you're seeing steepest drop since january. david: if you're long on oil, it's a good day for you. may not be a good day for the pumps eventually. oil is coming back, having some effect on stocks. >> it lost 3% yesterday. it helped energy stocks today. those are some leaders. oil up 2 1/2% today. liz: we've been waiting to hear where tesla would choose to put its gigaat this. -- gigafactory. nevada gets the job. [closing bell ringing]. they will boil in parts of the city, but who cares. david: jobs, jobs. good for the state. liz: bells ring on wall street and bringing tesla and every other name with thee. here is how the dow jones with a gain of 11 points. s&p, russell, seeing red on the screen. not the 30 third record for the s&p. not today. down 1 1/2%. "after the bell" starting right now. david: let's get right to it. we have a full crowd tod

samsung unveiling its galaxy note.wraps around the sides, so a screen that believes off the side pvr trying to get you pictures which are now being unveiled here in new york and overseas as well. cory johnson is at the event. you got to take a look at the phone. they announced two phones and not announce ad watch, as we thought they might. phones, the galaxy note and then the one they are calling the edge. bend the edge,ey so that there is the potential program anmers to alarm clock or a stock ticker along the side. it is exciting to see samsung trying to stay ahead of apple, announcing products that are not even yet available. from engadgetman is with us as well. what do you make of this new development? we saw a prototype device with the same kind of screen last year at ces, so i can't say it is a terrible shock that they have made the device. skepticaltle bit about the rounded edge of the screen. i have talked to a couple of my editors that got their hands on it phone and they said that is basically an extra row of

samsung products very strong.msung slowly but slowly stripped away at apple's success and innovation and now they're at this point where they are even and you expect apple to jump ahead and they haven't done it. stuart: good debate and i am sure it will continue. thank you very much. the taxpayer may end up on the hook and have to pay the bill for students who take out loans for grad school all because of president obama's policies on college that. millennials in law school after this. neardon't have enoughople food to survive. we can't let this happen. there is something we can do about it. please join christina aguilera and yum! brands in a movement to fight world hunger by supporting the united nations world food program. to donate, go to hungertohope.com or make a text donation right now. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can move people from hunger to hope. can you start tomorrow? yes sir. alright. let's share the news t

so, samsung comes out with a new dge again announced. and a stylus.s going to announce two new phones. announce an g to iwatch or something like it. a wearable device. and they are going to announce payments. they will do partnerships with visa and mastercard. this is a big deal for apple. it is an ancillary business that piggybacks on the enormous success they have had selling all of these phones. they already have the connection with the customers. the more customers that buy apps, that could be a giant business for apple. >> 800 million credit cards. wow. that is a big drawer. >> i wallet? isuck? isuck.not bloomberg's own sam grobart tried on the new virtual reality headset. it is called the gear vr. he reports on how it works in the important comfort factor. >> i am sitting here in this mystical booth to demonstrate the new samsung gear vr, a virtual reality headset. voila.law -- it actually works with the tablet.galaxy note 4 you just snapped this on here, take off the viewfinder. full three and route 60 degree -- with youphones you can put on --

it actually works with the samsung galaxy note 4 tablet.t snap this on here, take -- look through the viewfinder. this off and exchange them for the use. 360-degree,a full with headphones you can put on fully immersed. , you can play video games, watch movies. there is a touchpad on the size -- on the side of the device that allows you to click on things. it is really pretty extraordinary. it is being developed in conjunction with oculus, the makers of oculus rift. who helps develop some of the software. i am going to watch "pacific rim." you can imagine if you were watching on a airplane or something. you might want to watch this instead of looking at the smaller screen. samsung was a pioneer of larger-screen devices, but apparently even those are not big enough. now you need an entire emerson -- there was a guy right there! right there. pretty cool. they have not announced pricing or availability yet. but i can tell you it is pretty amazing. >> bloomberg's own sam robo-bart. grobart. ever jump into a pool at the w hotel? that is the domai

clearly investors have switched from samsung to apple. in terms of competition, the key is not so much apple. the key is china. that is where the local player has taken market share away. is more about the path of the market, which is much more the broad market in asia, for which they had a leading edge. >> it is still expensive. smart phones cheaper. they want to talk to china and increase sales. do they have to do something about the price? >> probably. they have not managed to position themselves on the market. .here is a big challenge as an investor, samsung has moved as opposed to a growth case. is interesting for an investor. the payout ratio remains extremely low. it is a very cheap stock. in terms of potential they have a lot of challenge. his take on break debt and fixed income. look forward to that. >> welcome back. we stream on everything you know. let's talk about fixed income. still with me is a member of the invest meant committee. let's talk bonds. heading atlds were 2%. you hold spanish debt. would you be buying at these l

. >> samsung gets smarter from virtual reality headset. they unveiled their latest devices in berlin. welcome to "countdown." i am mark barton. 6:00 a.m. ingone london. let's get the one of our top stories this morning. mary draghi's speech in jackson hole a few weeks ago shocked markets when he said we would use all the available instruments to ensure price ability in the near-term. central bankean take any action today? manus cranny joins us now. good morning. why do the work yourself when our colleagues at bloomberg news have done it coming out with all of these fabulous questions. will they do anything? will they take action? an analyst from bnp paribas and he said he would be foolish not to take some form of action. not the solution, and to don't, qe, but aping demonstration that they do not want to lose control. that's what today is about. it is about signaling and posturing. let's have a little of the look. best case scenario is no change in rates. that is what most would suggest. i put together a short its board of what could happe

samsung rules the high-tech gal oxy. much more. that's ahead on "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by toyota. let's go places. 14 years to the day, we got our first prius. ♪ samsung rules the high-tech gal ♪ the prius. toyota, lets go places. i've been claritin clear for 8 days. at the first sign of your allergies, doctors recommended taking one claritin every day of your allergy season for continuous relief. 21 days! 14 days of continuous relief. live claritin clear. every day. hello! three grams daily of beta-glucan... a soluable fiber from whole grain oat foods like cheerios can help lower cholesterol. thank you! [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. now we invite smokers to quit, too, with our comprehensive program. we just want to help everyone, everywhere, breathe a little easier. introducing cvs heal

they don't do that for samsung.elissa: loan corner on internet reddit users are feeling bit remorse after looking stolen naked images of jonathan and jennifer lawrence. a few posters decided to give money to prostate cancer research. more than $6,000 were donated, when they promptly stood up and returned all the money. saying quote, we would never condone raising funds for cancer research in this manner. what do you think, james? should they have taken money and run? >> i think they should have kept the money. melissa: 6,000 bucks. >> if it had been stolen i understand that. people give to charities for lots of different reasons. i would assume a lot of it is repentance for people that want to make fresh start. melissa: right. >> do good works. why know why you would turn this down. melissa: what do you think, jonathan? >> money is fungible. so to james's point, the fact that they donated and had something in mind they wanted to honor or feel remorse, doesn't make a heck of a difference. i think it is great, melissa

samsung has the hardware.t's not quite as advanced as the most advanced vr hardware but doesn't have to be tethered to a computer. the first experience with vr, probably with something like this. >> huh. in that sense, a game-changer for vr? we'll all get an education through this device? >> still concerned about the price point, carl. these note phones tend to be more expensive. off contract, around $700, $750. the rest of this unit, probably cost a couple hundred bucks, too. talking $1,000. more expensive than a console, probably. >> and wear it on television? >> i'll put it on. >> there we go. what the audience is looking for. >> now, it's not on. but i can be in tony stark's lab now, i can be playing a game. i could be looking around -- a house. that i might want to buy. real estate wise. >> a little teleprompter inside, too. >> and we thought google glass was nerdy. >> this takes it to a new level. >> thank you, jon, for bringing that to us. appreciate it. >>> a samsung edition of throwback thursday. look

>> again, with samsung, i have never been a samsung user. at the iphone 5 and i look at a samsung, i go toy and i go magical masterpiece. look at this product. my kids look at this product and i go what would i improve? what really what i improve? >> well, he is tried to do with iwallet.l it -- the he will get the buy-in from retailers who are create the thing where you swipe your thing where the iphone works. is that naÏve? >> it is not naÏve. when everyone is talking about watches and tvs, he went where it really matters -- payment. when you look at so come valley, everyday they are finding a payment come anywhere it is square or the next next thing to figure out payments, ok. the closest, need to figure out payments so far is uber. we get in our car, every thing is to trusted, we pay our tip with it, etc. apple is trying to create a one-button solution for this. they are the ones already attacking the drug, disney, amex , mastercard puck, visa, they are the ones that have to pay this off, and they are the company i will trust with my 1% t

manufacturers like samsung and asa will be strutting their stuff. apple is set to unveil a new hand set. >> it is the biggest tech event in europe. they open their doors to the public this week and over 200,000 people are expected to visit. all eyes are on the market leader samsung, which will be trying to grab the spotlight ahead of the i phone launch. >> samsung would be probably -- will get the most attention at efa i think. that is because they make a huge event every year and they have a great thing. a few days later on when apple speaker of the house the new i phone, there is not much they can do to draw attention from them. >> samsung is set to reveal galaxy note four. the south korean company will be hoping to attract buyers in a market saturated. their phone stays fell 1% in the first three months of the year. what keep people coming back? >> people don't feel the need to up great from their device which is already so good, that there is no benefit to the new device except it is newers. >> they are expected to pack more power in their devic

samsung announced new products. we talked about that. but it's certainly a stock that -- yesterday, for example, hit lie the highest level since its ipo in '80? >> yes. the stock really moving to's upside. the one-month chart, spectacular how apple's moved to the upside, scott. i like what they've didn't delivering to us. today the stock has a major pullback. the street is starting to say this is starting to top out. whether that's topped out or not, i don't think so. we still see 110 before we see 95, i think. >> here's why i love apple even more. stock tops out on an event. i don't think so. what's coming up? fourth quarter. holiday season. biggest product that's going to be presented to a consumer in an economy that's growing again is going to be the iphone 6. the quarter ending this year for apple is going to be blockbuster. >> and the rollover of the two-year refresh sishg cycle on phones put in two years ago. that's going to increase demand exponentially in my view. i still own apple calls and think it trades up into the eve event,

the problem with the samsung is they required you to have a samsung phone.do not have that. this is the lg. intel bought that one. >> i do not know about you guys, but they look pretty similar to me. >> they sure do. >> what will apple have to do that is different? >> the same thing they did with music, becoming ecosystem, bring people together to create an ecosystem around it. >> and it is expected they will do that, payments and health, how well -- that is unclear. to you spoke -- >> you spoke tim. they are looking to bring something out that will be totally different and that is the ecosystem they are so good at. >> has anyone granting of market share that it would be hard for apple to unseat them? we are talking about a tiny market right now. not ay market >> there is space right now. very few people wear them, and actually a digital watch that has an analog display. [laughter] >> this, believe it or not, is a wearable for dogs. >> what does it do? >> it transmits the dogs health. you know where your dog is. >> wreaking havoc. >> wreaking havoc, all the

feels like samsung is apple's new ad agency.spend all their time -- melissa: talking about them, that's true. >> during the early part of this year, apple had really not that much of a bilge deal out in terms phones and samsung barely kept up with apple with its latest, greatest model. now we're going into what could be a record upgrade cycle for apple. i think samsung is feeling a lot of pressure right now. melissa: this is for two apologists, jack how much. responding to the backlash of apple's forced album release. saying quote if someone doesn't like the gift they should delete it. people will be thrilled to get a gift. bruce terkel, what do you think about this one? people will be thrilled to get a gift. no one on my show staff because they keep cropping up in the shuffle when they're working out and ready to smash the precious iphones they're so sad about it. >> couple problems. telemarketers leave gifts on my machine at home. if i have to delete it is guess what, not a gift. melissa: right. >> anyone under 35 don't know w

samsung is a design-oriented company.n here and you can customize this with other kinds of el meblts. i need to try it out to see if it will be interesting or not. it was a good tomb for samsung to make a splash. >> philip in the green room said it's not just pretty but fugsal too. one thing he pointed out was the alarm clock. ice very cool. >> it has a nighttime alarm o'clock. you can see when it's sitting on the table if there were dim numbers on the alarm clock. it's quite useful. >> i'm sorry. i'm sorry. i think it's funny that big is more popular now. >> it is an interesting trend and very popular. in fact, in asian countries in particular phablets outsell small phones. browsing on the iphone is down 11%. people really want these bigger phones because you can do more. >> they want something bigger so they don't have to have a tablet. >> exactly. i think we got tire of carrying a laptop a tablet and a phone in a bag for business travel. >> what about the mini ipad. too small? >> it's a good size. >> if i have a phone

i'm interested in this layersation, whether me needs to speak samsung or vice versa. how is the crisis in ukraine affecting the mood at the conference? >> it is clearly weighing on the .ompany's minds when you look at these items behind me, these are not cheap items, even a washing machine or a vacuum cleaner, these items cost a lot. spoke with the ceo and africa, here was his take. >> in europe we start to see some signs. in some industries like to showve, they start signs that they will attack industries. we talk about connectivity with home devices, the advancement i want to see, the deliveryman arrives when you want. you don't have a four-hour gap in the middle of the day when you have to be home for a new refrigerator. hans keeping us abreast of all developments technical and domestic details that you need to know. putin and poroshenko take the first step towards peace. >> welcome back to "on the move ," i am anna edwards in london. russian and ukrainian presidents announced an outline for peace. let's go live to the summit. ryan, a busy couple of days. they cert

i didn't really watch everything about samsung today, but samsung's really made huge gains in this area. >> all right. kim, thank you very much. you don't want to lose your mojo. that's always bad. kim forest, thanks again. >>> as we mentioned at the top of the program, august was a terrific month for auto sales, which rose more than 5% marking the best august since 2006 and putting the industry on track to sell 17.5 million units this year. the makers topped forecasts last month. phil lebeau has more. >> reporter: sales came in hotter than many were expecting. the monthly sales rate of 17.53 million vehicles is the strongest monthly sales rate for the auto industry since january of 2006 when it was 17.62 million. nearly every major manufacturer reported better than expected sales with chrysler leading the way. sales jumped 20% for chrysler led by jeep which had sales increase 49% for the month of august. nissan was up double digitis and the manufacturers reported better than expected sales. what was driving it? a couple things. low financing, 13% of all vehicles sold in july and august

goingd with the samsung watches. >> i wyou one for the holiday.elissa: i would rather have apple. >> definitely a step, a step in the right direction for apple. a lot of people are really excited about it. and the fitness space, and i have always said, fitness and wearable technology is going to be hot, hot, hot and will always be hot. melissa: okay. >> i think this is very exciting for apple. melissa: thank you so much. i want to bringn my panel. jonathan hoenig of capitalist pig is with us. also a fox news contributor. there he is. david asman and chris are back with us as well. jonathan hoenig, what do you think of this? did you order it yet? >> i tried to. first five minutes, i said seen enough. send me it, i don't care what it costs. apple does that to people. melissa: you sound like one of my kids. >> it sells them a relationship that endures over time. that is why apple's product announcements are not just product announcements. most companies put out a press release. apple creates life-changing event. they dominate a category like tablet,

samsung versus apple. for over three years, the two companies have clashed in a scale almost unprecedented in business history and engaged in a series of tit for tat lawsuits that have cost more than $1 billion. the battle is being fought outside the courtroom as well, of course. samsung just unveiled its galaxy note edge and other devices at an event in new york. on tuesday, apple is set to unveil not only a new iphone or iphones but details on a long awaited smart watch. who'll ultimately come out on top in the great smart phone war between apple and samsung? i spoke with michael gorman, editor in chief at engadget and ryan reith, director of mobile device at i.b.c. i started by asking ryan what his biggest wish for the new iphone is. >> you have this iphone user base that has been using the same size screen relatively for the life of the iphone since it has been around. this will be the game changer with regard to the screen size. it changes the user experience. it is more real estate. >> will it be a g

here's the deal, this is the old samsung galaxy phone. a screen that's about an inch bigger. that's just where they started. that would be the new galaxy node, something between a phone and a tablet. but then the really innovative stuff, and i wallet you to take a look at this, is the edge. the samsung edge is, essentially, a phone that has a curved screen. the glass is actually curved on the edge, and you can use that new curved edge like the tool bar. now, they'll have to design apps for it, but the way you swipe on top of your phone, now you'll swipe on the side. and this caught the eye of everyone here at the unveiling because it has a 5.7-inch screen with an incredible display. the samsung designers are saying that this phone has the best pixlation and view that you can get on the market. of course, apple's going to announce in a week, but as of right now, this would be the leader according to samsung. why are they doing this, gerri? well, they're losing market share. not to apple, but to some of the much cheaper phones coming up in

rival samsung with 27%.r apple stock, since announcing the stock split and earnings in april, the stock is up 30%. check out this live video from las vegas. that's the ctia conference, a wireless show in nevada. they're all glued to the apple event and so are we. this special edition of "power lunch" with the dow down 76 points is back in 2. and a gentle wavelike motion... aahhh- ahhhhhh. liberate your spine, ahhh-ahhhhhh aflac! and reach, toes blossoming... not that great at yoga. yeah, but when i slipped a disk he paid my claim in just four days. ahh! four days? yep. find out how fast aflac can pay you, at aflac.com. opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. and it's only on fidelity.com. open an account an

to win sales in a market dominated by samsung.with a battery that stays charged for today's. days.t two is dispatching a team to investigate claims of unsafe labor practices. the factory in china make so many him enclosures for the macbook. geo'srt by two and ngo's reported dangerous practices. it was the economists who we surveyed who were expecting rate cuts. were you among the six? why weren't you expecting anything? >> because draghi and the ecb have been slow about all of this. they should have done this a long time ago. they like to move very gradually. we thought we would like to wait to see how the cro works out. and as they go through the stress tests and all of that. it seems they wanted to spread it out longer. part of the trick is to surprise the market. >> which he does again and in and -- again and again and again. >> when you say they move slowly, is it that they have to because they have so many different views on the european central bank. qecertainly, any mention of is almost anathema for the germans. they have t

kerr screen all truckled tucker porgy and slicker shows samsung as new phone. and what, while sega of the golan gate bridge pretty interested. give people the gawk at. full hour of your choice for prime time news >> : kron for writing along with police in richmond's tonight when this happens high-speed chase them ends and an ac transit bus crashing into a home children in the bus children in the home. 1 but arrested at one other on a list we were there for all of the saw unprecedented access to the scene now we are live with team coverage on the chase the crash kron 4 j.r. stone and pot felipe was in a police squad car as officers were tracing the suspects they say causes home bus. >> : your at their >> : the scraps of was an officer patrol car we're getting ready to leave the police station on another story to of the culver reported stolen vehicle right where for officers >> : the to miss the scene at right now. they're trying to hold a loss of the furor in tinstone vehicles out here to away but the boss old and some of the home to go to the video yourself fro

samsung market share had outstripped apple. 550 1.3 million iphones have been sold.al revenue is huge. a global phenomenon. it was originally just sold in the u.s., but now it is in 143 countries. it is the single most popular consumer electronic device ever. two years later it was 25.4 billion dollars. the industry created around the iphone is enormous. apple will likely sell more of the new iphone in its first weekend than the first iphone sold in its first year. it is a global phenomenon and an enormously popular the vice. -- device. >> we will bring full coverage later today. that conversation going on apple with one investor who says the iphone and wearable devices will not be the most exciting announcement from the company today. stay with us for more in two minutes time. you know where i am. ♪ . >> welcome back to "on the move ." city ofht here in the london. this is what marks a look like. the session is high. nothing to get two-sided about. we will talk about out of. the big one is, mark carney speaks political. -- nothing to get to excited about. -- we will

one is that samsung has a nice set of programs.ven with things being so loud, the iphone 6 is clearly the next factor. surprised by the defection from samsung. a note with a bigger screen. maybe using it in the same way? >> and helps make that switch a little bit painless. there is the coolness factor that apple has. this is a must-have phone. >> what about the current ios issues? was withr one they had the health kid, the fitness tracking. that was never even released. they found it before he was put out by the public, and they are hoping to have that by the end of the month. >> more upgrades available. you wrote this wonderful story about the bug team which was like a swat team to fix any problems as soon as they appear, and this rash of problems. >> i am just try to put it a little bit into perspective. it is 3.6% in the big picture of all of the apps. that my facebook app on my old phone -- >> mine was not working. was yours working? >> mine was crashing. i stayed off facebook for a while, basically. these are apps that certain

we have pretty high end phones from samsung and bigger falls from samsung. aboutl be software and payments. mobile payments. getting into our wallets. it is a new thing. japan has been paying for their trains for years. from barser a coffee in london on your iphone already using certain apps. thethey going to be using 800 million i taught -- i to users -- itunes users? they have partitions with american express and visa. are google and paypal shaking go right now? how much easier will it to be for you and i to go shopping? this could be a way that that's a their iphones into upper hands because we want the software that is unique. >> the u.s. in some ways is way andnd europe and security maybe it would insist the united states and having a better option. i wonder if the big long-term story is health care and to be iwatch will be more focused on that. >> that's where the wearables and a new software kicks in. we are expecting an iwatch or whatever it may call. the fashion is going. marie claire. it will kick in with health care and home kit. it could be quite

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