>> guest: if steve jobs were alive and healthy, yeah.ean, i think he's one of those guys -- look, there are loads of -- let me back up. there are loads of really smart people in many businesses and certainly in tech. loads of smart people. i think steve jobs is one of those rare people that comes along who gets in the history books because he was truly, to use an overused word but perfectly appropriate for him; he was a visionary, and he became by the, by the early 2000s a very good business executive which he wasn't at the beginning. he was always a vision nation, but he wasn't a very -- visionary, but he wasn't a very good business executive. he had learned how to be a good business executive. he was a tremendous marketer. so he had the goods to market, he had the products that were sound, but he knew how to market them. and, obviously, you can be a great marketer and have crappy products, and that's no good. he had it all. he really had it all. he had a sense of design, he could understand the engineers. so pretty much every month ste

i think steve jobs is one of those rare people that comes along and gets into history books because tose an overused word he was perfectly appropriate for him, he was a visionary, yet he was, he became by early 2000 and executive that he wasn't at the beginning. he's always a visionary but not a business executive to b. he learned how to be a good business executive with a tremendous market. so he had the goods to market and products that were solid. you can be a good marketer and have great products were great products and not know how to market them. he had it all in the sense of design you could understand the engineer so pretty much every month, he was a healthy diet that the world changed in some way. either at apple, primarily but also people forget he ran pixar. he didn't create the movies that he ran the company. i once asked him how he ran apple and pixar at the same time and he said i do pixar on fridays. this is when it was the most successful studio in hollywood having johnny and hit after giant hit and winning oscars for all these things. people forget that he revolutioniz

the iphone changed everything. >> we don't have steve jobs around to ask.would all be getting interviews with him now because of the tenth anniversary. but i don't think he, he foresaw the -- the hugeness of it. and -- i don't think anybody did. >> the cbs "overnight news" will be right back. not all fish oil supplements provide the same omega-3 power. megared advanced triple absorption is absorbed three times better. so one softgel has more omega-3 power than three standard fish oil pills. where are mom and dad? 'saved money on motorcycle insurance with geico! goin' up the country. love mom and dad' i'm takin' a nap. dude, you just woke up! ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ geico motorcycle, great rates for great rides. it says you apply the blue one ok, letto me. this. here? no. have a little fun together, or a lot. k-y yours and mine. two sensations that work together, so you can play together. no! i don't want ther

hot dividend play we'll explore that one >>> and happy birthday to the iphone ten years ago today steve jobs unveiled a product that changed the way we all live. but what will the next iphone bring? what could be smarter than the iphones we've got now? we'll explore that and more as "power lunch" begins right now >>> welcome to "power lunch. i'm michelle caruso-cabrera. nasdaq is the biggest loser percentage-wise and nearly 2% decline. dow jones is on track for the biggest one-day drop since midway bob pisani is at the nyse. what's going on? >> it's a good sign of rotation in the market. that's what has been keeping up stocks all year. semiconductors are the losers today. what have been the losers? banks and energy what are among the few winners today? banks and energy this is rotation, folks. we're seeing heavy volume. the triple q, big volume there that's a sign that people are using it to buy other things meantime, value and growth are getting a lot of interest. what's value mostly energy. growth is a problems txy for fa stocks, so your apple and amazon and microsoft. everything is down 2

so jill, has the iphone delivered on steve jobs' promises?reporter: um, yes and then some. [ laughter ] >> reporter: think about this. in 2007, 10% of the u.s. population had a smartphone, today 80% has. apple has sold 1.2 billion iphones globally and in doing so, it really has changed our lives. this year a trillion digital photos will be taken on phones. and that's largely because of apple technology. and you probably don't remember this but the first iphone didn't have an app. now there are millions of apps on the apple store 3.4 million on android google play. tech experts say that apps made the iphone a must have device and also spawned innovation and companies. uber, lyft, instagram, snapchat, they don't exist without the apple app. in the 1st quarter of 2017, all the publisher revenue from downloads and app purchases in both the app store and google play, 10.5 billion dollars. an industry from zero ten years ago. >> you know, jim, i was working in new york city back in 2007. i remember seeing all the lines near that apple store near ce

emily: how would you characterize tim cook's apple versus steve jobs' apple?don't think about it very much. i guess i will point out that steve's dna will always be the dna of apple, or it will be as long as i am ceo. i think it is deeply embedded in the company and we celebrate it. and it should be like that and stay like that. obviously, things evolve over time as they would have if he were sitting here interviewing with you today. sure, butclearly i'm that is a better question to ask somebody who worked for both of us. emily: you said cars are an area ripe for disruption. how important is it that apple not miss out on cars? tim: i think there is a major disruption looming there, not only for self driving cars, but also the electrification. if you have driven an all electric car, it is a marvelous experience. it is a marvelous experience not to stop at the gas station, whatever you call it, and so -- plus, you have ridesharing on top of this. you've got kind of three vectors of the change happening generally in the same timeframe. it --, as we looked at what

apple is up 200% since steve jobs' passing.here is absolutely precedent for non-founders taking a backseat and businesses continuing to appreciate value and continue. we are excited about who is going to step in to those shoes. they are big ones, for sure, but there are lots of talented people out there that are excited about taking on this opportunity, taking on this challenge. it's an incredible business. they did $20 billion in bookings last year. they continue to grow quickly. we believe that growth will be sustained and they just need to have the right leadership at the helm to continue that. may, we are just looking at the amount of executives that need to be svped, ceo, coo, cfo, cmo, of engineering, general counsel. who do you envision being ceo? who is your eric schmidt? nimay: my vote is definitely for sheryl sandberg. i don't know if she will take the job. there isn't anybody more capable and embodies the culture and values that the company needs on a go forward basis. more generally speaking, they need someone with

. >>> it was ten years ago today when steve jobs and company changed the world. can you even imagine a time before the smartphone? for so many they might as well be fused to our hands. nbc's gadi schwartz has a look back at the start of the iphone and what may be next. >> -- category of things -- >> reporter: these days you can watch the moment steve jobs changed everything on the very phones he foretold. >> today apple is going to reinvent the phone. >> this is how you turn it on. >> reporter: a decade agoat smart yft phones meant a tiny screen and a tiny clicky keyboard. then the tech announcement that changed our culture. a sleek simple glass-covered rectangle that surfed the web, played music, e-mails, took pictures, and had a touchscreen. >> we're going to touch this with our fingers. >> reporter: that glass rectangle now copied by everyone while its app store has given rise to a $1.4 trillion market. where tech giants like facebook, uber and snapchat cultivate their own revolutions. facetime, video messaging and cameras bringing people from all over closer

the iphone changed everything. >> we don't have steve jobs around to ask.l be getting interviews with him now because of the tenth anniversary. but i don't think he, he foresaw the -- the hugeness of it. and -- i don't think anybody did. >> the cbs "overnight news" will be right back. because your carpet there's resolve carpet care. with five times more benefits than vacuuming alone... it lifts more dirt, pet hair and removes odours. while softening every fibre because your carpet never stops working, resolve carpet care with five times benefits bmilk and fresh cream,a. and only sustainably farmed vanilla. what is this? a vanilla bean? mmm! breyers the good vanilla. we use non-gmo sourced ingredients in some of america's favorite flavors. mmm! not all fish oil supplements provide the same omega-3 power. introducing megared advanced triple absorption... it supports your heart, joints, brain, and eyes. and is absorbed by your body three times better. so one megared has more omega-3 power than three standard fish oil pills. new megared advanced triple absorpti

a phone that changed everything. >> i think this is where the world's going. >> reporter: the steve jobs prophecy that came true. >> wow. can you believe that. >> we can't live without them now. they're literally all the time right there. >>> let the warming begin. sheena is back with a closer look at the hot and humid pictures from this morning's launch from wallace island, virginia. it created some colorf >>> we've got some breaking news for you now, southbound lanes of 395 are closed between seminary road and duke street. that is because of an accident involving an overturned dump truck in the southbound lanes. again, that is between seminary road and duke street. it looks like there is something there on the roadways, what exactly may have been spilled out, right now we just don't know. looks like you've got traffic getting by and a single lane there on the right. but this is 395 south, these live images that we are showing you, closed because of an overturned dump truck. >>> five, four, three, two, one. >> nasa launching a sounding rocket early this morning. it blasted off from wall

it is a secret what apple does a secret it was started on the secret steve jobs with the secret was there is nothing that we know there was not any a manufacturing company nothing compares to this may give an example actually if you ever get the chance to visit a google factory in a factory but office i've been to the one here in new york and it's so nice and they meet in the they have this it's kind of a big food court budget hippy cool people in private in a couple of articles on google i know i mean it seems to be the best off if the work space that you could offer you work at well next to r t excuse me you've got a you've got an espresso. anyhow but aside from that apple is different apple you don't talk to anybody you're paid for your own lunch you don't talk about anything if you meet when you are there if you meet at a poker game whatever you never talk about the business your first day at apple you're met with the security officer and he talks to you and explains to you what will happen to you if you lead a need thing go so that that's it now another thing about apple what people

♪ >> it hasn't been nearly six years since tim cook took over cofounder, iconic steve jobs.here will be apple watch and apple music, he pulled off the largest acquisition in history buying beats. he takes on social issues like equality and education. he stood up to president obama and maintains a relationship with president trump despite their disagreement on climate change. now, question remains where the big -- will come from at apple. he stakes out new territory for the company's future from tv to cars and apple's worst new category in years, a smart speaker called home pod, a direct challenger to amazon and google. jim, thank you for joining us. tim: it is great to see you and unbelievable to be here. smart's start with the speaker. why should people by apple home pod? tim: we tried to develop a breakthrough speaker first. music is deep in our dna, dating back to itunes and ipod. that peoplemething found unbelievable. things,e it does other and those are important, but we wanted and -- a high quality audio component. able to make a phone call, call a car, order groceries

we have the inventor marconi, the regulator herbert hoover, the innovator steve jobs. i would suggest that the regulator in the middle does not belong and why? system the mother may i has proven itself and artifact of a prehistoric regulatory air that has been surpassed by the and opportunity that the very encouraging deregulation of mobile markets has given us today. thank you very much and that's it. [applause] crack -- >> you mentioned marconi. a few years ago i went to sicily and visited my relatives. they idolized marconi and sicily. not because of his free-market policies but because of other political ideas he had in the 1930's. greg for me just say marconi was a british and italian citizen. -- >> let me just say marconi was a british and italian citizen. history is politically were interesting. our next speaker, first commentor. quickly, background. previously -- well, currently as vice president of wireless policy at verizon. verizon.r positions at she was vice president at telecom. before that she worked as an aide to a chairman at the fcc and at the national

they say, look what happened to apple when steve jobs was let go.rted to grow. travis kalanick has been criticised for his aggressive tone, but it leaves them with a huge vacuum at the top. thank you so much, lovely to see you. thank you for your company and have a great day. we will see you soon. hello, there. we saw the peak of the heatwave on wednesday afternoon, with temperatures across southern britain soaring into the low to mid—30s celsius. it was 35 degrees recorded at heathrow, which was the warmest day of the year so far, but also the warmestjune day since 1976. wales also saw its hottest day with 31 degrees recorded in cardiff. further north, though, it is a little bit cooler, and we start to see a thundery breakdown developing, particularly across northern england and west scotland as we head into wednesday evening. that heat will continue to retreat back into the near continent as cooler and fresher conditions push in off the atlantic, with a fair old breeze. this introduction of cooler air into the heat will spark off further thunderst

[cheering and applause] steve! job, ms. handel: this man is my heart. he tells you he is my number one supporter, and i can tell you that in everything i have ever attempted to do in my life, he has been my number one supporter. there are no words to say how much i love you. [cheering and applause] ms. handel: a little while ago, i had the opportunity to speak with john ossoff. he was more than gracious and he thanked me for a spirited campaign. i wish him and alicia all the best in the new life they are going to be starting. [applause] ms. handel: tonight, tonight, tonight i stand before you extraordinarily humbled and honored at the tremendous privilege and high responsibility that you and the people across the sixth district have given to me to represent you in the united states house of representatives. [cheering and applause] ms. handel: i will do -- we have had a legacy of tremendous leadership in this district. our very own tom price who is now secretary of hhs. [cheering and applause] ms. handel: now senator johnny isakson -- ms. handel: and for

. >> bill: major milestone for steve jobs. take us back 10 years ago.s turned the tech world upside down. turned all of our lives upside down with the release of the first iphone. do you remember that? since then more than a billion have sold and they changed our lives along the way. jeff flock is on that today. he is live at the apple store in chicago. hey, jeff. >> and i pulled out my old blackberry. take a look at that remember that one, bill? we wouldn't want to get rid of that one. >> bill: sure. >> when they introduced, steve jobs introduced the new iphone people panned it. bloomberg said it was a major dispoimentd. somebody else said i think it was tech crunch that said that keyboard that thing you touch that's about as useful as a rotary dial phone. well, turns out maybe not so much. take a look at what steve jobs said when he introduced the phone. that was in january of 2007. the first one went on sale 10 years ago today. he said the iphone combines three products into one small light weight hand held device. a mobile phone, a wide screen ipod

good morning, jill. >> good morning. >> has iphone delivered on steve jobs promises.es, abe then some n2007, 10 percent of the u.s. population had a smart phone to day 80 percent too. apple has been driving force behind that rise, apple has sold 1.2 billion iphones globally. in doing so it has change our lives. think about this, this year a trillion digital photos will be taken on phones largely because of apple's technology. remember first iphone didn't even have an app, year later in 2008 that changed, there are 2.1 million apps on the apple app store, 3.4 million on the competitor, google play store, and tech experts say that this development, apps, this made iphone a must have device and expound new innovations and co. think bit, without an app we don't have uber, lyft, or instagram, or snap chat, and in the first quarter of 2017, combined publisher revenue for down load and in app purchases in both app store and google play, 10 and a half billion dollars that never existed 10 years ago. >> i should have bought apple stock back then. >>> what was impact on apple a

♪ emily: it has been nearly six years since tim cook to go over apple for steve jobs.e put off the largest acquisition in apple history. he is taken on issues like the environment and education. he maintains a dialogue with president trump despite their disagreement on climate change. now, as i've been sales plateau, questions remain -- i-phone sales fifo, questions remain. we sit down with tim cook and talk about apple's homepod, a direct challenge to amazon and google. apple ceo tim cook. emily: thank you so much for joining us. tim: great to see you again. johnathan: -- emily: why should people buy homepod? tim: we try to build something that is a breakthrough speaker first. music is deep and o -- in our dna. we wanted something that sounded unbelievable. it does a lot of other things but we wanted a really quality audio experience. emily: you're focused on how to reinvent music in the home, will idea what to make a phone call, college park or order groceries -- call a car or order groceries? tim: there are a lot of things that siri knows how to do with the phone. w

view, but when steve jobs passed away and tim cook took the reins at apple.e is a founder and -- the founder and ceo passed away and apple is up 200% since steve jobs' passing. there is absolutely a precedent for non-founders taking a backseat and businesses to continue to do a test do great things. who is going to step into those shoes, but there are lots of talented people who are excited about taking on this opportunity, taking on this challenge. it's an incredible business. they did $20 billion in bookings last year and continue to grow. we continue to believe their growth will be sustained. they just need to have the right leadership at the helm to continue that. caroline: we were just looking at the amount of executives that need to be filled. cmo, svp ofo, engineering, general counsel. who do you envision as ceo? >> my vote is definitely for sheryl sandberg. there isn't anybody -- i don't know if she will take the job, but there isn't anybody who is more capable and embodies the culture and values that the company needs on a go forward basis. more gene

when steve jobs announced that the iphone in 2007, it was a revolution.imple touch interface and people were eager to get their hands on one. beyond the height, it was a slow start. the first model, which sold 6 million units, was overpriced and-based single phone company. apple learned its lessons quickly, allowing others to create apps for the iphone, with apple taking a cut. soon the iphone was ubiquitous. >> it made me very dependent on. i could do everything, pay my bills, make reservations, learn stuff. it is awesome. >> to make our life more convenient. we spent more time on the phone on average but it helps you do everything see get a lot more done. correspondent: in 10 years, more than 8 million iphones have been told, turning apple -- have been sold, turning apple into the world's biggest traded company. >> the iphone is not going anywhere. it is a staple of how we all expect to be able to communicate in the future. correspondent: apple hopes it will remain so and it can provide its blockbuster product with compelling the features for many years

steve jobs was introduction the original iphone. it has changed our lives. back in a moment with more news. who are these people? the energy conscious people among us say small actions can add up to something... humongous. a little thing here. a little thing there. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns out, it's californians it's me and it's you. don't stop now, it's easy to add to the routine. join energy upgrade california and do your thing. this week that will stop the practice of suspending license >>> a big break for california drivers. governor brown signed a bill to stop a practice of suspending drivers license for unpaid traffic fines. the governor hopes this move will help people pay their fines and the bill goes into effect this weekend. >>> excitement in the north bay, alternative to sitting in traffic on 101. early birds were promised free rides for ride once the smart train. the soft launch of the trains will be coming up in the first few days in july. good news for commuters. bac

amen ceo just paid tribute to the invention and steve jobs saying here's to the iphone that changed the world ant people who dreamed it and the people at amen who will have never stopped looking to its future. it only had a rear camera, you could only send sms messages for texts. look how far we've come. it's hard to imagine a word without emojis, apps, constant access to the internet, kristen. apple has sold more than a billion iphonesed in the past decade. >> it seems like it's always been with us. >> yes. >> can't remember a time without it. >> and now you can't leave it in a different room or have you anxiety. >>> somebody may be working on a new children's rhyme calling it this little piggy interrupted traffic. >> see what introducing the easiest way to get gillette blades noo text "blades" to gillette on demand text to reorder blades with gillette on demand... ...and get $3 off your first order >>> welcome back if the this little piggy took a bath after playing a game of chicken with officers around a texas freeway. >> talk about a wild scene, in fact, all these pigs took over int

the other thing is that steve jobs went from being a genius to a god.e changed the world with this device. prior to that, yeah, there were phone that's had some internet capabilities. this was everything. you have to remember, they were already famous and success well the mcintosh computer line. the ipods, they sold 400 million ipods. >> right. >> now he comes out with this thing. blows away the competition. and set off this incredible race now that with the samsungs and the androids and all of the other things set off this incredible thing based off of the first iphone. when you think about how people depend on those things and need those things. >> right. >> it changed the world. >> people are feeing me we got rid of our land -- are tweeting me we got rid of our land line. we talked about how many things this replaced. >> it demolished industries. >> yes. the land line telephone. or forced them to change. >> speaking of demolishing industries. remember the pocket cameras that we used to have. >> right. >> who has that anymore. we just have this. >> th

emily: how would you characterize tim cook's apple versus steve jobs' apple?don't think about it very much. i guess i will point out that steve's dna will always be the dna of apple, or it will be as long as i am ceo. and i think as long as anyone is, honestly. i think it is deeply embedded in the company and we celebrate it. and it should be like that and should stay like that. obviously, things evolve over time as they would have if he were sitting here interviewing with you today. that is probably a better question to ask somebody who worked for both of us. emily: you said cars are an area ripe for disruption. how important is it that apple not miss out on cars? tim: i think there is a major disruption looming there, not only for self driving cars, but also the electrification. if you have driven an all- electric car, it is a marvelous experience. it is a marvelous experience not to stop at the gas station, or fillings nation or whatever you call it, and so -- plus, you -- gas station or filling station or whatever you want to call it. plus, you have ridesh

hey, josh. >> reporter: carl, ten years ago steve jobs first unveiled the iphone >> an ipod a phone.nternet communicator an ipod, a phone, are you getting it >> take a look at this original press release from apple announcing that the iphone was going on sale on june 29th, 2007 the device cost $499 and would be available at apple's 164 stores ron johnson, who was then apple's retail chief, called the iphone a revolutionary new product, but even apple's executives could never have foreseen just how really transformative this product would become apple has now sold more than one billion iphones generating $734 billion of revenue the iphone fundamentally changed apple as a business. the mac and ipod accounted for 78% of apple's total revenue in 2006 today it is the iphone that dominates apple's product line representing 63% of total sales. apple's market cap sits at $750 billion. that is roughly ten times what it was at the iphone launch. the anniversary comes at a critical time for apple with iphone sales experiencing coming off their first year of decline. guys, back to you. >> fascin

." ♪ ♪ emily: it has been nearly six years since tim cook to go over apple for steve jobs.rgest acquisition in apple history. he is taken on issues like the environment and education. he maintains a dialogue with president trump despite their disagreement on climate change. now, as i've been sales plateau, questions remain -- i-phone sales fifo, questions remain. we sit down with tim cook and talk about apple's homepod, a direct challenge to amazon and

a computer handled by steve jobs goes for a pretty penny at auction.ou'll have some sun glare this morning on the 30 bypass. pretty shots we're getting here though. this is the 30 bypass past 340 not causing any problems yet but we've got construction coming on the schuylkill and construction right now that's caused a major jam on a highway. details on all that of when we come right back. >> ♪♪ >> ♪♪ >> welcome back. taking a live look the blue beautiful skies there above center city. it is 6:14 and 72 degrees right now. >> really clearing out out there isn't it karen. >> it is. we've got clouds lingering in south jersey but those clouds have clearly moved out of the rest of the area here. we're going to switch over and check the blue route at route one and traffic there is moving okay right now but we do have issues on the schuylkill expressway. they're doing construction and schuylkill eastbound today between the blue route and city avenue, the lane closures are 10:00 to 2:00 and tomorrow and thursday it will be westbound and friday it will be both d

. >> reporter: june 29th 2007, 6 months after apple ceo steve jobs unveiled it people across the country camped out for days to buy the first iphone. >> i could not bel that much for it. >> reporter: c-net senior editor over $499 foreground breaking atice touting touch first iphone didn't have a fast internet other phones with edge so it wasn't meant to play video record videos. >> reporter: two years after apple launched the iphmera was o theell changing the way we news. in the last decade apple has sold more tha1.2 billion i phones. >> is there a down side to their beingesd with our phones. >> absolutely because people walk around likef looking up and discovering things on their own. >> rten obsession that has forever changed the way we see the for cbs-3 "eyewitness news" you have got yours at i don't know where it is, somewhere, i don't care. >>ha use like that you put it aside every once in aonwill be calline at 6:00 a.m. >> well, maybe, the>>> repeat gs assistant living center is days. >> her name is olive, she walks on four legs and no, puppy goat. olive was almost three years old

. >> so i like to believe that mark zuckerberg is the steve jobs of my generation. >> amazon just bought whole foods, and so i think they're just like taking over. >> i was watching netflix probably an hour and a half ago. >> it's like life. >> the question now is how long can these stocks keep surging. with us for the hour, pete najarian, steve weis, also with us on set is tony dwyer. weis, i'll begin with you. you like this group? you own netflix. >> i do. >> you say you may buy facebook today? >> i would love to buy facebook. i've been talking about it for a number of days, a couple of weeks. i agree that mark zuckerberg is one of those unique individuals, like a steve jobs, who is creating an entire new asset class, as we look at it, and technology, of course. look, the nasdaq is not expensive. and if you -- it's like 18 times earnings as you go forward, you're still going to have this low inflation. i mean, we looked at durable goods orders today it was a disappointing number. the revision was disappointing if you have that low inflation, you'll want to go for growth you're not goin

>> not even steve jobs could have known just how transformtive this device could be. apple has sold more than 1 billion iphones and its flag ship product now accounts for the majority of its sales. the iphone didn't just reinvent apple. the product upended and redefined markets. made the blackberry all but obsole obsolete. it als created an app economy valued at $1 trillion and it's the app store that helped fuel the growth of so many young, mobile first companies from snap >> so, what do consumers want to see from the iphone ten years from now? >> face time should be multiway. like conference call. >> should be able to test for passengers in the air. the food, making sure that air quality is good. >> would not likely to be integrat >> this comes at a critical time for apple. with with iphone sales coming off their first year of decline, but investors have high hopes for that latest virgen version expect nd the fall. i'm josh lipton, san francisco. >> apple's smart phone is by some accounts, the mother of all smart phones and a game changer for the industry, but with

. >> reporter: on june 29, 2007, almost six months after apple's ceo steve jobs unveiled it people across the country camped out for days to buy the first iphone. >> whoo! [ applause ] >> i couldn't believe i paid that much for it. >> reporter: cnet senior editor scott stein paid $499 for the groundbreaking device touting touch technology. >> it's hard to remember that at first the iphone really didn't have a fast internet connection. it was behind the other phones with edge. so it really wasn't meant to play videos and it couldn't record videos. >> reporter: two years after apple launched the iphone, the camera was upgraded for videoas well changing how everything is recorded. in the last decade, apple has sold more than 1.2 billion iphones. is there a downside to being slightly obsessed with our phones? >> absolutely. people walk around like this all the time instead of looking up and discovering things on their own. >> reporter: for better or worse, it's an obsession that has forever change the way we see the world. meg oliver, cbs news, new york. >>> and let's see how the stocks are d

and of course, address that is problematic ump doubt we want steve jobs to be tacked tacked o highly he would start apple in another country. that's a part of the debate we don't have enough information about. i'd love to see the income inequality debate a little sharper and focus on the things we can do. the second question is even harder. if i were the czar of welfare, what would i do? i'm not an expert on welfare. this is more a become of political philosophy than welfare policy certainly. i would say that in general -- i think this addresses both the people who have been in poverty for a long time, and it addresses the newer members of this frustrated economic class that came out and voted -- surprised everybody and voted for trump in the rust belt and upper midwest and so forth and that is education is really, i think, key issue, and by that i don't just mean the quality of k-12 public education, although that is part of it, and even though i tend to be more conservative, i'm not in favor of testing and the accountability and all of those kind of changes we have made to our educ

not comparing it with the steve jobs at apple. pasture here, generally is not helpful to the company, whether you like the guy or not, his style or not. >> this may be an exception to that rule. users generally really like except that they know there's this kind of creepy side behind the company. i don't think they could have become what they've become. i don't think they could've stepped down as many toes of their company culture and busted through as many roadblocks so to speak as they have if they didn't have that culture. but i'm not sure that you can run a company valued at $70 billion like you did when you were having to fight tax the cartels. >> to get to where you are, you needed someone like travis kalanick. now that they are they are they don't need. but then, you still need someone who's not only going to keep the lemma and someone who gets the vision. competitors are moving fast. google with a separate suit on other matters. the wolves are circling. >> they are and it's a mess. i was talking to somebody yesterday who i

"bloomberg real ♪ >> it hasn't been nearly six years since tim cook took over cofounder, iconic steve jobs be apple watch and apple music, he pulled off the largest acquisition in history buying beats. he takes on social issues like equality and education. he stood up to president obama and maintains a relationship with president trump despite

company in the by area, working with silicon valley, youtube, lorraine powell widow of apple founder steve jobs. >> he has set roots. >> way to go. >>> time 4:56, vote scheduled today in san francisco aimed at banning flavored tobacco products. some are saying these products are luring teenagers to smoke. >>> president trump now calling for north korea to -- he is calling north korea a brutal regime after the death of a u.s. college student, the latest on the conditions that may have lead to his death. >>> we do see traffic that is off to a nice start on a quiet tuesday. however, on the bridge it looks like there could be a little something that is slow traffic. >>> for most today will be a little cooler. it might take awhile for those of you well inland, lake county or men do seen know county, update on your tuesday forecast. >>> home depot in concord prepares to sell more air conditioning units, it's those air cooling junes that is causing a lot of stress on pg&e, we have the story coming up. >>> and with this hot weather it also brings the higher risk of fire. the fight going on right now ne

something for you if you plan on having children and want them to embody the traits of, say, um, steve jobsll gates. got to wait until you're older. joint study from researchers in london and new york tested 15,000 sets of british twins for what they call geek like traits that comes from long line of proud geeks by the way. these include iq, focus on subjects, social aloofness and level of concern over peer acceptance. each child was given geek index and those born to older fathers had the highest geek index sco scores. i'm a proud geek. you're wonderful geek as well. >> well -- >> tom. >> i've never been called that at least on wednesday. thank you for that lucy. >> you're welcome. >> it's a compliment. >> thank you young lady. when it comes to trusting processes like being a geek, i've had enough. but philadelphia sports fans you're going to hear it for quite while. just not with the 76ers. i'll have my thoughts in a couple of minutes. don't touch the remote! trust me. >> now with tomorrow's traffic here bob kelly. >>> good evening, everybody. look out for delays tomorrow up in bensalem r

. >> reporter: in 2009 after steve jobs first introduced it, people across the country camped out for first iphone. >> i couldn't believe i paid that much for it. >> reporter: senior cnet scott stein paid over $499 for the zeiss with the touted touch technolo technology. >> it didn't have an internet connection. it really wasn't meant to play videos or record videos. >> reporter: two year after it launched the iphone the camera was upgraded changing the way we record our memories and news. in the last decade, apple has sold more than 1.2 billion iphones. is there a downside to being slightly obsessed with our phones? absolutely because people walk around like this all the time instead of looking up and discovering things on their own. >> reporter: for better or worse it's forever changed the way americans see the world. >> happy birthday, iphone. >>> coming up on "cbs this morning" georgia congressman john lewis shares his courageous story of being on the front lines of the civil movement in his "note to self." i'm anne-marie green. this is the "cbs morning news." il movement in his "

phil: basically, i have to laugh because two of the great entrepreneurs, bill gates and steve jobs, basicallyed out of college when they were freshmen, and my story is exact opposite. the company nike is the result of tubing universities, the twoersity of oregon -- universities, the university of oregon and stanford, so i tried to get back to those two schools. the other when the means a lot , which has an outstanding leader in their cancer research area. david: the oregon science health 500ersity, you gave them million dollars for cancer -- the ohs you night shu knight center. some of it has been given in stock and some paid out over several years. have two sons, one died tragically in the scuba diving accident. how have you tried to memorialize him in that way? he was a big sports fan, so gave some money to the university of oregon for the new basketball arena, which was named after him. david: today, what is left for you to accomplish and what haven't you accomplished? phil: i look back and am happy particular round the philanthropy and what i've been able to do, but i take my time to thin

steve jobs said he would change the way a and reinvent the phone. >> he did. >> he did in a big way. appy birthday thanks for joining us. >> see you tomorrow. bye-bye. nd applause ] ♪ >> steve: from studio 6b in rockefeller center in the heart of new york city, it's "the tonight show starring jimmy fallon." tonight, join jimmy and his guests -- alex rodriguez, nick kroll,