this is your business update on how the home free thanks for joining me well apple has officially unveiled its latest smartphone to line up with customer a found say in cupertino california the company says that the i phone ten s. and its biggest sibling the i phone ten s macs will be priced at nine hundred ninety nine dollars one thousand and ninety nine dollars respectively they're supposedly the fastest i phones ever liquid proof and i have the most secure facial sent to the cation technology ever contained in a small for apple's counting on how some profits for the i phone ten s macs five companies biggest phone display to date it also highlighted new health features for its next generation up a watch including one allowing users to take their an electrocardiogram and another text when a person forms. of financial course want to save sharansky is in new york let's catch up with her now sophie tell us what's been the response so far to apple's latest offerings. well this year's i'm veiling was rumored to be impressive even by ethical standards and so now after as if they meant i would s

. >>> well, apple hasalre its new products. >> three new iphones to a next generation apple watch.bc's raphael smith tells us what to expect on the >> now let's talk about iphone. >> reporter: it seems that bigger is better. at wednesday's product launch, apple unveiled three phones that pushed the boundaries of technology and pocketpace. >> t biggest screen ever. >> reporter: thephone xs max features a 5.6-inch display. the company also gav it a small-screened little brother called the iphone xs. both have revved up processing and cameras. but the big buzz comes fro a goldilocks phone. >> iph exr will allow us to deliver the future of theo smartphone ten more people. >> reporter: the iphone xr has a larger screen than last year's original x, but the main feature is a smaller price tag, $749. >> apple pulled o a trick here, making us feel like a 749 phone is actually cheap. >> reporter: it has a differeme but the same face i.d. as the other phones and comes l essed in a more color wardrobe. >> it's striking. it's beautiful. it comes in all these colors. new49, i think that's the ma

apple at all. that would the to be expected as well as we get these enhancements to the apple watch in terms of health. in terms of the functions that will try to help if they are incapacitated would appeal to an older demographic for those with health issues. .hose shares of fitbit are down talking about apple, we have to talk about it broader importance to the market. on the bloomberg the chart shows its waiting on the various major averages. the waiting has been rising as the stock price has been rising. particularly in the nasdaq 100. it's around 12%, whereas in the s&p it's still the largest stock. it just gives you an idea of its importance. it's the whole ecosystem and suppliers affected. taking a look at the major averages right now, we are seeing a decline in ridiculous or technology today. the composite is down half of 1%. semi-conductors, as we have been talking about, really taking a hit on the negative commentary from goldman sachs regarding the chip takers and where we are in the chip cycle. the worst-performing group today has nothing to do with tech. citigroup, the lone mover in the gr

it is not just tech here in the united states, but in asia as well. apple, theyto that also have talked about the u.s. and the china reopening talks on trade. that is helping and asia rebound. , the etfnd the fxi that tracks the shares trading higher. also was what we have seen more broadly in asia, have a chart on my bloomberg you're looking at asia-pacific index, you see the one day change the following spring of losses to your is pretty notable. the is on the relief over trade the talks essentially reopening. the first gain in 11 days -- attend a losing streak was the longest since 2002 for the msci asia-pacific index. finally, we are still watching emerging markets and what is going on with emerging-market currencies. the turkish central bank this morning raising interest rates more than anticipated by despite the fact that the turkish prime minister thinks they should not be doing so. we are also continuing to watch of the argentinian and south african currencies. makes picture on that front. vonnie: central banks takes a center stage today. ul,erage f

. >>> you can see the dow jones is down about 20 points and aztec as well. apple stock is down a bit. >>> we have the iphone with a larger screen. we have this information live. >> reporter: good afternoon guys. we are right outside of the apple store here. they just announced the new iphone 10. it's actually morphing into three different points with a size and up price point to meet your needs. the new phone is called the iphone 10 s. there is also an iphone 10r. this balloons to monsters 6.5. it's a big phone. it's led display and 50% faster. storage up to 512 gigs and this will store over 200,000 photos. my favorite is that it is water resistant and a much richer sound for movies and gamers and unlocks facial technology. it has an improved camera and the battery has a longer life as well. >> an iphone 10s is not just one phone but two. it's the biggest green ever with an iphone and the biggest battery ever and of course the biggest experience ever. >> we have some big changes to the smart watches as well. the screen is 30% larger. it's 50% larger including a se

at theu look competition, where apple is, and the recurring nature of the hardware purchases they have, you tend to stay. i think it bodes well iphone sales in 2019, which would start right now. cross all right, shannon with us on the phone. thank you for calling in. apple's new virtual sim card. that is next. later in the show, we will wrap up apple's big day. that is coming up. this is bloomberg. ♪ welcome back to a special edition of "bloomberg technology " from cupertino. we are looking at apple day product launch. one feature for the iphone x, dual sim cards. that means you don't have to physically insert a chip into the phone. you have to change the setting to change carriers. this feature has one fan already, john ledger tweeted i love apple is offering dual e -sims. everyone wants to switch to t-mobile. joining me now is alastair far. sarcasm. little bit of what will this mean for carriers like t-mobile? >> i think john hit it on the head. it is going to be at news for u.s. carriers. it is going to make it easier to .witch between carriers verizon and at&t have been fighting this for a couple of years. about a year ag

this is one consideration with important points of interplay with a bill. >> qualified as well. >> apple, just give me a yes. >> well, effective enforcement is critical. but qualified yes as to the exact mechanism. >> qualified yes as well. >> i just want to sort of articulate for the broader public the problem now is if there is a violation, the ftc doesn't -- may or may not have a rule specifically violated and so the only thing you could do is go to the company and say, we're notifying you that you're violating section five and thereafter enter into a consent decree and then only if you violate that consent decree is the authority to fine so there is no real economic consequence right now for violating existing rules or statutes as they relate to privacy which is why we need the apa authority in any law. and here comes the second question. it seems to me absurd that we have to have the ftc come to a company and say you're violating somebody and then you come to an agreement and only if you are violating that to do we get to fine because then it becomes a cost of doing business to, as

up and willing to give their high risk tech secrets in that market and apple is the big story as well. apple related suppliers contract manufactures trading in the region on the back of the product release that apple unveiled three new iphones and a lot of talk about that watch. driving the market moves, the u.s. has proposed another round of trade talks with beijing aimed to avoid further escalation in the trade war were china. is james in beijing. great to have you with us, thanks for joining us. do we have any firm details on these talks get, other than a proposal? yet, the treasury department speaking with the chinese, we have confirmation that that is going on but we don't have any of the details. we should have the chinese ministry of commerce in a couple hours at the regular press conference. fatal give us more details about what is happening and when the talks might happen. so far, all we have is some people in the treasury department and some in china are in talks about maybe having talks sometime in the future. nejra: can we read this as a positive step that we might not get the wo

. >>> well, apple has vealed its newest products. >> three new iphones to a next generation apple watch.hes what you can expect. >> now let's talk abt iphone. >> reporter: it seems that bigger is better. at wednesday's product launch, apple unveiled three new phones that pushed the boundariesf technology and pocket space. >> the biggest screen ever. >> reporter: the iphone xs max features a 5.6-inch display. the company also gave it a small-screened little brother called the iphone xs. both have revved up processing and cameras. pricestart one pixel shy of $1,000. but the big buzz comes from a ldilocks phone. a device the tech company hopes is just right. >> iphone xr will al to deliver the future of the smartphone to even more people. >> reporter: the iphone xr has a larger screen than last year's original x, but the main feature is a smaller price tag, $749. >> apple pulled off a trick here, making us feel like a 749 phone is actually cheap. >> reporter: it has a different camera but the same face i.d. as the other phones and comes dressed in a more colorful wardrobe. >> it's striking. i

. >>> well, apple said that it's taking new steps to cooperate with law enforcement about data requests the company says that it plans to launch an online portal by the end of the year, where investigators can make requests. apple made headlines a few years ago when it refused to help the fbi hack into an iphone belonging to one of the san bernadino mass shooters. in an update, apple now says, "we believe law enforcement agencies play a critical role in keeping our society safe, and we've always maintained that if we have information, we will make it available when presented with valid legal process." not everything will be available through the portal. apple has never created a master key to any of its products. the company has always said it never will. >>> president trump also talking about apple today, specifically in terms of tariffs. he tweeted apple prices may increase because of the massive tariffs we are imposing on china. he said there is an easy solution, would there be a zero tax and indeed a tax incentive. make products in the united states instead of china. start building

>> well, apple has always had the strategy of going high-end.have never been the budget model. they are pushing people to a higher price. of the average price of a iphone is $755. to put that into context, that is about a quarter more than it was five years ago. all these new features come at a price. apple users are extremely loyal, and so when people are ready to upgrade which a lot of people are, they will look to apple. a lot of, 60% of apple users have had their iphone more than two years. so they will be looking at this cycle and i think be willing to pay. melissa: michael, the 10 s max, 6.5-inch screen. that is huge device. do you have to be visually impaired or playing games? >> it's a lot bigger than previous iphones. funny when you go back to the old steve jobs keynotes, the ideal phone would fit in the palm of your hand, reach across the screen with your thumb. original iphones were ideal size and everyone could hold them and reach across the screen with one hand. that is simply not the case for these phones. they are noticely better

point, and if i were an investor, i would be looking at changing the board to get back to apple as you know quite well in 1985, apple had that problem with steve jobs, and he seemed to not be executing in a crisp manner producing the return they needed, and the board ended up not being able to get to middle ground and ended up firing steve jobs that was a mistake if you eject elon musk totally from tesla, that would be a mistake. what you do need is a strong, independent board with independent chairman of the board so there can be some governoran governance on this >> you know how the board is tied to elon musk. what are the options here. he is seen as being the chief innovator, chief visionary, chief architect. we see his face every time there's an announcement. how much can they separate from elon musk's antics, positive or negative >> i don't think they can. i think walter is right. but there are a clear number of steps they can take. number one, step away from twitter. i wou i wouldn't invest in a company where they tweet more than 15 times a day. they should have their attention elsewhere. should

well apple debuting its biggest display iphone ever but is it the most expensive? we're still waiting to get that key price at the end of this. they're still rolling through some features. here is what i can tell you, iphone xs and iphone xs max. those are the two phones they're rolling out. it is the biggest display ever but the physical device is not bigger than a plus. which means you're getting a lot more bang for your buck. easy palm hand fill, it is not a larger device you're carrying around. iphone xs has edge to edge display but also the most durable glass ever in a smartphone. >> you are protected from dust and liquids to even higher level now. ip 68. means protected two meters up to 30 minutes. if you happen to be hanging by the pool, drop your phone in the water. don't worry, die down, grab it. rinse it, let it dry. you'll be fine. [applause] and it is tested many different liquids. chlorinated water, saltwater, orange juice, tea, wine, even beer. reporter: trish not only beer-proof, but 200,000 photos can be stored on the device. it is more powerful and

you think about american companies i think steve jobs apple is truly kind of a standout in the binds of american consumers and i think it's a well deserved apple though has strong competition in the chinese company while way which outsold i phones last quarter while way is cheaper and more accessible overseas for now though the apple i phone remains an american status symbol i do joe castro al-jazeera washington. this is al-jazeera these are the. henri's israeli forces in the occupied west bank of cleared a camp for activists beside a bed when a village which is due to be demolished israel's top court approved the destruction of the village of qana last week it is expected the land will be used for more illegal settler homes sorry for serbs is reporting from. the people of qana since the early hours of wednesday morning of knowing that at any time israeli forces could move in here and start to demolish their village one hundred eighty villages who live in this bedouin village in the occupied west bank while at five am this morning israeli forces did move in but they didn't come here and start invading this village they stayed on

you think about american companies i think steve jobs apple is truly kind of a standout in the minds of american consumers and i think it's a well deserved apple though has strong competition in the chinese company while way which outsold i phones last quarter while way is cheaper and more accessible overseas for now though the apple i phone remains an american status symbol i do joe castro al-jazeera washington. we have a sports news still ahead on the news hour find out what happens when a sprinting champion this but in a virtual zero gravity environment. all . thank you very much germany's reigning olympic cycling champion christina vogel has spoken in public for the first time about the training crush that left her paralyzed saying she accepts she will never walk again vogel who want track sprint gold in the past to a lympics only revealed the extent of her injuries last week in berlin on wednesday she said the other cyclists involved in the crash in june have not contacted her the twenty seven year old had her spinal cord severed in the accident. when my shoes walked away without me noticing that someone took them off i kne

you think about american companies i think steve jobs apple is truly kind of a a standout in the minds of american consumers and i think it's a welldeserved apple though has strong competition in the chinese company while way which outsold i phones last quarter while way is cheaper and more accessible overseas for now though the apple i phone remains an american status symbol i do joe castro al-jazeera washington. stories for you here and i'll just. the remains of people in the eastern united states are making last minute preparations for what is predicted to be the worst storm in thirty years hurricane florence is now about six hundred kilometers off the u.s. east coast the national hurricane center says it could make landfall as soon as friday people in the states of north carolina south carolina and virginia have been told to take action to ensure they do stay safe fema and first responders are out there they're going to stand through the danger of this storm get out of its way don't play games with it it's a big one we want you safe get out of the storm's way listen to your local representatives south carolina north carolina v

you think about american companies i think steve jobs apple is truly kind of a a standout in the minds of american consumers and i think it's a well deserved apple though has strong competition in the chinese company while way which outsold i phones last quarter while way is cheaper and more accessible overseas for now though the apple i phone remains an american status symbol. castro al-jazeera washington. we have a sports news still ahead on the news hour find out what happens when a sprinting champion is put in a virtual zero gravity environment. the sport now has a hole. thank you very much germany's reigning olympic cycling champion christina vogel has spoken in public for the first time about the training cross that left power law used saying she will never walk again vogel who won gold at the past two olympics only revealed the extent of her injuries last week. she said the other cyclist involved in the crash in june. the twenty seven year old had spinal cord seven in the accident. when my shoes walked away without me noticing that someone took them off i knew i would never walk again it sounds scary but i realized quickly

our hope is truly kind of a standout in the minds of american consumers and i think it's a well deserved apple though has strong competition in the chinese company while way which outsold. i phones last quarter while way is cheaper and more accessible overseas for now though the apple i phone remains an american status symbol. castro al-jazeera washington. from technology to nature and one of nature's most spectacular displays this is expected to be a vintage season for the northern lights the lucky residents of the city of rover a namea that's in the lapland region of northern finland were treated to several hours of lights in the night sky this week look at that it's amazing the phenomenon is known as the aurora borealis center occurs when electrically charged particles from the sudden collide with particles in the earth's atmosphere stunning. barbara star in london here the top stories on al-jazeera hungary says it will challenge proceedings against it for breaking the rules on democracy and civil rights the european parliament voted by a large majority for sanctions against hungary prime m

the country, les moonves exits at cbs ceo we're going to look at his compensation and shares of apple as well, those are down another 1% fourth day in a row after a record run earlier this summer we have more next. >>> welcome back a trade warning, the president taking aim at apple, calling for the tech giant -- >> he has a message for apple. here's the tweet put out over the weekend, specifically referring to the possibility he might add another 200 billion in tariffs on china this week apple prices may increase because of massive tariffs we may be imposing on china, but there's an easy solution where there would be zero tax and tax incentive. make your products in the united states instead of china. start building new plants now. exciting those tariffs could be coming today or when this week we may see it, no word in terms of the timing of that the president certainly indicating it is on his mind, even on friday indicating that what's on his mind is response to potential chinese response. officials saying if the chinese retaliate against the new 200 million that could be coming, he is set t

you think about american companies i think steve jobs apple is truly kind of a standout in the minds of american consumers and i think it's a well deserved apple though has strong competition in the chinese company while way. which outsold i phones last quarter while way is cheaper and more accessible overseas for now though the apple i phone remains an american status symbol. castro al-jazeera washington. and just a reminder that you can keep up to date with all the news on our website that said al-jazeera dot com. again i will have a problem in doha with the headlines on al-jazeera for millions of people in the eastern united states and making last minute preparations for what's projected to be the worst storm and thirty years how can florida make landfall as early as friday it's expected to bring heavy rain massive ones and flooding people in the states of north and south carolina and virginia have been warned to take action to end shore they stay safe. and first responders are out there they're going to stand through the danger of this storm get out of its way don't play games with it it's a big one we want you safe get out

well so much for the banks no for a look at stocks and our wall street correspondents over two months is standing by in new york sophie how is wall street reacting to apple's latest i phones well we did see some positive movement off the stock on thursday but on the day of the event itself the stock did nothing really it opened at two hundred twenty dollars and this is exactly why both so to investors it doesn't matter how cool the new i phone is and how with the new apple watch looks like at least not as much as it matters if these products are going to sell so they're going to pay attention to the next quarterly earnings and to the earnings after the holidays the most important season of course so yeah maybe some guys here on the floor well live streaming the event but just because they maybe think about getting their mother would be apple watch for christmas so she can check our policy and so it looks like big tobacco is now out to get us all still and what's happening there. yes a fascinating market chris stuff not only for consumers but also for investors you don't see growth rates like that anywhere else i want to say estimates are that the global ca

apple has made in the enterprise? we know there's been a rise of bring your own device and so as people want to use iphones, they can use them at work. but how wells apple really being integrated into larger usiness enterprises? >> it seems like every month or even every few weeks or so we see another company announcing internally or publicly that they are switching to iphones or ipads, away from more legacy devices like blackberries or moving away from android to the iphone for one reason in particular. it's really the security element to it. the iphone has some of the best enterprise-grade security features and the ability to provision phones depending on who the employees are. so there's a lot of good tools in there for enterprises. that's why we're seeing more companies switching to i.o.s. emily: consumers got their hands on new iphones, new apple watches over the weekend. you've got a new piece out about how apple's coolest new feature isn't necessarily the fanciest and you talk about the new chips. why are you so excited about that? >> why am so i excited? don't know if i'm as excited as investors and analysts are about this. but this new s

what are some of the other products which could be impacted and what are the options for apple here's steve well you have the the pencil the watch the air pod a bunch of other components like cables and accessories those are the products that way does see a price increase here in the united states and analysts believe that it would have caused a ten to twenty percent drop in profits on those products but that just makes up they say about a one percent difference in the total bottom line you know those products sold in the united states make up about that it's twenty six billion dollars a year and that's one third of the sale of those products you mention the i phone the i phone really wouldn't be affected as effect three new i phones will be introduced tomorrow by apple all different price ranges by the way the i phone could hit apple is if china starts prohibiting their people from buying it in retaliation or if the people there get so angered at us and that you know is that at america and they say we're not going to buy apple i phones or by other companies i phones that's where the i phone cou

>> well, it's very much in line with what apple has done before, so the phones are a bit more expensivegreater capability, they're larger, one of my favorite quotes of all time from when i was working with the wall street journal, i talked to don clark, nobody wants to hold a ham sandwich to the side of his head, i really like that, it turned out that wasn't true, small phones have gotten big and everybody likes to hold a huge thing on the side of their heads sometimes or talk to it in front of them that wasn't really a problem, frankly, one of the most interesting things about this is is what's under the hood, the processor is actually quite interesting because no one else has a 7namometer phone, that's quite something, that's one of the way they get the extended battery life and higher performance, you don't see that necessarily except it works better. dagen: maria, to point out one thing which is something a thread that you cover every day, every time you talk to a technology executive is the world is wide open in terms of medical technology and i'm -- i don't have the vision to see

apple is looking to blow, grow such as access arrears that apple is looking to blow, grow such as access arrears and things like the home pod. as wellersus like digital content and apple paid. you mentioned the watches and some of the other apple products. interestingly, apple came out and told the us government that the trade tariffs will affect the cost of many of those products. how ha rd cost of many of those products. how hard will those tariffs likely hit them? that is a very good point. one of the big issues affecting us is that they cannot predict what the outcome of this will be. but the bulk of the components of their devices come from asia in particular china. with these tariffs are implied ashlar complied that will have an impact on the price of the devices that they manufacture. that will be something they are working on at the moment. it is hard to say that it will clearly have some impact. that was and to speaking to me earlier about that apple event. let's look at some other events on the business calendar. we have china's tesla debuting their shares on the us stock exchange. they are hoping for a valuation of around

well apple has a idea on that, on trade when "cavuto: coast to coast" comes right back. all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. >> welcome back to "cavuto coast to coast," hour number two, i'm connell mcshane filling in for neil today. another busy hour we have ahead for you as these trade talks continue. things may be really coming to a held. the united states and the european union with their respective trade chiefs meeting in brussels and also on the chinese side, china a avowing to take countermeasures against the u.s. let's put it all together. edward lawrence at the white house. hey, edward. >> reporter: a lot to talk about on the trade front. yeah, the u.s. could any day now put 25% tariffs on $200 billion worth of chinese goods, the chinese alread

>> well, apple has a very good track record of protecting user's privacy and at alivecor, all of ourrvers are hipaa compliant so we take it very seriously as well there's another side to your question the data that it's connecting is enabling breakthroughs you might ask yourself why did they put a ppg sensor and an ekg sensor we know why. we have a product called cardiogram when you combine these two and you add artificial sensors, you can match the performance of the highest surgical implants like a medtronic link when the analysts say that the existing companies in the monitoring space are going to see a bump in sales, i think that's a super myopic view. >> vic, i was going to say -- not to cut you off here. this idea, you're talking about so much data out there, is it too much i'm a new parent i was struggling with my child looking at all of their -- her pulses, all of the signs out there. is there going to be a point where these things give people too much information will i worry so much -- >> will you become a hypochondriac? >> yeah, i can worry all the time about my pulse and

going to hit gross margins looking at other tech names, usual suspects are all lower today, as well, apple'sone debuted, providing a lift. apple negative for the week and the month. as is amazon, despite that debut of alexa-enabled devices both weighing on the nasdaq. interestingly, facebook reportedly will launch an alexa-enabled device next week few names in the dow tech names that are higher, all-time highs for microsoft, visa, and sysco at a -- cisco a an all-time high. >> thank you very much. >>> the, ma et changing the wa about big tech and the funds you buy. dom has more >> so like bertha was saying, this could be one of the biggest, if not the biggest, sector reclassification for the s&p 500 in the better part of two decades at this point. the reason why is because the technology sector is going to get smaller, but communication services, which is the old telecom sector, is going to get bigger here are some of the examples. telecom is now communication services, and the reason why it is important is because many of the names we've come to know and love and talk about all the time are

new york let's catch up with her now sophie tell us what's been the response so far to apple's latest offerings. well this year's am veiling was rumored to be impressive even by ethical standards and so now after as if they meant i would play one i was on the new i phone and the ever on the watch the watch because this is where apple introduced a big upgrade and it has a lot of potential to further growth and of course the i phone as it is still their most popular pen's most important product and employ have generated more than half of its revenue from i phone say it so far the biggest question about the new i phone being unveiled on wednesday was how much is it gonna cost and now that we know the price is the question and retail action if you want it's going to be what is going to be the sweet spot for apple the apple stock has not reacted too strongly all day which is not too surprising to me as investors for the most part react to earnings call but in the past have not really changed their mind. based on the cement floor and now we've got some of the biggest names in u.s. business say they're read

apple has now? up to the 10 s max? how well does this position apple going into the holiday season? >> it's a stronger lineup for apple for sure. but different countries have different price points and $450 for an iphone 7 is not cheap in india. it's the first time you have -- breadth $450 to , $1100. everything from a formfactor perspective as well. last year when the 10 came out, people appreciated more screen but if you were on a plus model before, it felt strange in your hand. you missed that larger form factor. that is what it will address this year. and then you add it the r which is a new attempt by apple to stick to a more affordable price point. emily: but you think it could cannibalize sales of the more high-end phones? >> apple says as long as you buy apple they don't mind. it's different from a feature set and the colors itself. consumers will go with one of the other. i think what is important is it doesn't matter which one of the 10 you by apple is selling you the next , generation experience when it comes to iphone so they will be happy with either one. emily: what ar

we are powering not only paypal and venmo but we are the largest devices as well. appleoviders of those methods as well. if you were to pay with those. >> thank you, we got to go bitcoin, love it or hate it? >> i think there is a lot of opportunity in the technology but i think it is still early days >> thank you, appreciate it. >>> when we return, jim cramer will join us live from the new york stock exchange. stay tuned, you are watching "squawk box" on cnbc barbec our i'm just sick about it. aflac!? different kind of sick. if i can't work after surgery, how am i gonna pay my rent? all these bills? aflac! oh, aflac! and they pay you cash in just one day. see how aflac helps cover everyday expenses at aflac.com. show of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3,

footlocker stock higher after it said nikes were selling really well and apple has its big event tomorrow. >>> president trump pushes back against the claim president obama had anything to do with the boom. here is a clip. >> what are you going to do? what magic wand do you have? >> we created more than 400,000, and soon going to be 600,000 manufacturing jobs. >> growth during the trump years has been much more robust. this year we should get up near 3%, that would put us 50% above mr. obama's performance. >> now if that were too subtle the white house held its first press conference since august 22nd on monday, brought out the president's top economic adviser. president trump also made a series of tweets about the economy, including this one that the gdp was higher than the unemployment rate for the first time in 100 years. this was almost immediately pegged as wrong. this actually happens fairly often, about 60 times in the last 100 years. somehow a zero got added. >> but what is true is that it's the highest in ten years, and at some point, somebody conveyed it to him, adding a zero to

let's show you what apple an ounce to overnight in roughly 90 seconds. —— announced overnight in roughly 90 seconds. welldidn't seem too impressed, though, with shares in apple down 1% and meanwhile on wall street company known as china's tesla entered twists and turns on the first day of trading. it seems chinese electric cars have arrived in the us, well, at least they made their debut on the new york stock exchange. so, why is it listing in america? it wants to raise money. 0n the first day of trading, shares fell more than 4% after it opened, but eventually it was able to claw back, ending today 6% higher, not bad on day one. n10 hopes to eventually bring the electric cars to the us in 2020, but right now the story is in china, where n10 is trying to take on another electric car maker tesla. so far they have had some success. in four years the start—up has sped into production. nio's electric cars cost half as much as tesla's model x and according to the ceo they are better cars. nio's entrance to the financial market comes at a difficult time for tesla when this week two tesla execs and announced th

would you evaluate the breadth of the phones that apple has now, all the way down to the iphone 7 in the $400 maxe up to the iphone x s for $1100? how well does this position apple going into the holiday season? >> it's a stronger lineup for apple for sure. but of course different , countries have different price points and $450 for an iphone 7 is not cheap in india. it's the first time you have that breadth, $450 to $1100 for the basic models. everything from a formfactor perspective as well. x came out,when the people appreciated more screen but if you were on a plus model before, it felt strange in your hand. you missed that larger form factor, which is what i think the max will address this year. , the newhave the r attempt that apple is taking to the more affordable price point, and a smart one, too. emily: but you think it could cannibalize sales of the more high-end phones? >> apple says as long as you buy apple they don't mind. i think it is quite differentiated from the standpoint of feature set and the colors itself. consumers will go towards one or the other. i think what is important is it doesn't matter which one of the ipho

what's going to hell great is this cool watch that apple's unveiled that a bunch of investors had to bail from fit that and the stock dropped so much well this is going to be a do or die moment for the apple watch because as you have reported results so far have been disappointing enough that they buried the apple watch revenue in a great big number so this apple watch series four is going to be watched very closely apple head honcho temp cook made the point at the beginning of his presentation that the existing apple watch is not only the number one smart watch in the world he says it is the number one watch in the world which sounds impressive at first blush but who is a watch anymore if i have the time on my phone that said what i found clever about this new watch is demographic it seems to be playing to folks our age baby boomers none of us are getting any younger so these health apps are conspicuous the apple watch series four is the first smart watch ever to have f d a approved a fear of sensors this is big how about i've fallen and i can't get up they've got a sensor that if you don't get up soon it'll make an s.o.s. call for you

. >>> there is also consumer news about apple tonight, as well. >> michael finney is here to tell us t, for those of us that are a little clumsy with our phone. >> anal is introducing new ways to pay for pro- >> apple care by the month. it replaces the high-end iphone in case they are damaged or stolen. it's an extra $15 a month. and beginning friday, the three major credit reporting agencies are required to offer you a credit freeze free of charge. a credit freeze prevents lendors from looking at the account. that all but stops financial laws from identity theft from occurring. here in california, freezes have cost $10 for each reporting agency, and another $10 from each one to remove them. >>> ask you trust amazon.com reviews? amazon is investigating reports that some of its employees have been showingntnal data for product reviewers. also, allegedly for sale, services to the negative reviews and restoring banned accounts. we'll find out what happens. >>> new amazon facility could bring 1,000 jobs to stockton. the company just announced it's opening a new fulfillment center on new c

apple. apparently the phones are going to be covered in this. a lot of people were hoping this about the new phones last week. a price point wellove $1000 now. apple is probably going to get $39 billion they will save on tax changes. this last quarter with a new tax break they saved $1.3 billion. we are talking about a company that will pocket or keep the lease 40 billion plus dollars from this. still they are getting special carveouts any of a lot of people saying hey you know what i made this and i'm a bat. how can apple getting up to 45 billion from the trump administration through taxes get these breaks and i don't? >> that is a great question and a great point you made as well earlier. that is a big dynamic because apple is a big company and then you have the little guys at manufacturing facilities that are doing everything they can to keep the doors open and keep people employed. you would think apple would take another look at what they are doing in terms of -- charles: a lot of people are upset about the vetting process. i could guarantee you if there were 6000 comments 5999 would save please give them a break. so anywa

apple's home kit works well with all of these products. got a lot of people competing for the home google is competing, apple is competing, amazon is competing i think long term the race is between apple and google they're incredible, both companies, at software, at ai. i think these products are more and more about software rather than the hardware. it is easy to put out a lot of products it is hard to put out great products that are easy to use. >> interesting that you say apple and google when amazon bought ring. there are services behind these products they have introduced features in their fire os products that allow you to talk to a person to help you figure it out from right there on the screen. why do you put them behind those two leaders? >> i don't think they're behind, i'm saying who is going to win long term. amazon is a retailer, an online retailer that specializes in low price and specialize in fast delivery the history of man kind is that premium companies tend to innovate, tend to have the profit margin to create amazing pr

apple park. john, what can we expect how much of this is about phones, the watch, services streaming and everything else? >> well, it's mostly about phones, carl let's be honest here apple sold more than $141 billion worth of iphones last fiscal year and that's massive but it's about more than phones now. i'm old enough to remember when the average selling price of an iphone was around $650 we could today see iphones well over $1,000 in price, which could potentially lift the average selling price of an iphone towards $900. we're getting to the point where the high-end iphone today could be like selling two iphones for apple and i think that's the core business question here is what's the story with the replacement cycle? we've been talking about it for years, how the replacement cycle has been slowing if apple has figured out how to essentially sell two iphones worth of iphone with just one sale that really changes the equation that's when you start to add in services that's when you start to add in new apple watches and you potentially have a different kind of lifetime value equation of the apple customer, whi

your looking well known as hell nine thousand times apple computer pitchman in this commercial from the late one nine hundred ninety s. two thousand when computers began to misbehave three hundred twelve the themes and style of two thousand and one and spied countless five films but he's gone pretend to keep it for his space adventure the motion. but there's no more affectionate how much to two thousand one fan interstellar director christopher nolan says kubrick's masterpiece is his favorite show with interstellar he delivers an updated and equally fascinating vision of a space odyssey. and two thousand one continues to inspire pop culture and his video to believe that he credits rockets into orbit as director michel gondry quotes kubrick with every shot . in each. one trend. and that's all for keno special on fifty years of two thousand and one a space odyssey if you like to geek out on cooper we've act our web site with lots of trivia about the film and if you can't make it to frankfurt for the exam but next year is going on tour to london but for now i'm here with al harrington and