. shareholders still have substantial skepticism about energy. now to the lead. tim cook will be taking the stage for the re-announcement of the apple watch, which has gotten underway moments ago. originally announced in september along with the iphone 6, a new watch's critical details will be revealed today price, launch date, and more. this would mark apple's first foray into something that is really fashion-like. brownstone is with us from europe when. -- yerba buena. also with us is paul kedrosky an apple watcher. since you are at the site, tell us what you are looking forward to most with this announcement? >> probably the apps. to put it another way, why should people buy an apple watch? we got an indication in september, it would perform the functions of a health band would connect to your iphone. but from the channel discretion six months ago, it almost sounded like it added more complexity to your life. what apple and tim cook needs to do is to make a case for this new device that really just tethers to your iphone. why bring this into our lives? i expect to talk about prices and a

pated smart watch. ceo tim cook call it the most advanced timepiece ever created. here is what else we know from the company's big event. partner. launching on apple tv in april at a price of 14.99 a month. announcing the company recently sold 700 billion smart phone. that is a big number. 2 pounds. it is also available in gold. we have the panel standing by ready to react to all of this. joel what is the latest? >> we are watching tim cook great now. he is on stage giving up dates. you can track a lot of your fitness through this device. we also know that as you mentioned earlier you will be able to take calls on your apple watch. you can also plans at the watch and pull up little notifications. this is interesting. this is not so different of what a lot of smart phones already due out there. apple is trying to get into the game and take advantage and take out market share. we also have a new macbook. it is thinner. it is lighter. we are watching tim cook right now make more announcement on the apple watch. the analysts are bullish on the numbers. but being 10 and 50 million defies

mathison. a big hour ahead. we'll be giving investors a preview. tim cook gears up now to unveil the exact details about that apple watch. >> moving to the up side by half a percent. >> let's get straight to kayla at the apple event in san francisco. kayla, tell us what you know. >> center for the arts which you see behind me. also showcasing a picture of empty seats inside the theater with the quote "full of anticipation." of course, that's an understatement as we are awaiting apple's first new product launch in five years. since the ipad in 2010. this is apple's tenth first generation generation. >> it helps the player into this luxury market. unclear which executives beside tim cook we will hear from today. that will be top of mind. exactly how many details we get, but lest we think this is just about the apple watch. much of the focus has been about that. apple observers say we could get an announcement of a new macbook today, and that that could be the reason why the apple store has been done as of this morning. typically that happens on the day of an apple product launch, and they sa

positioning itself under tim cook? it seems like wall street has fallen in love with him after a long time being skeptical. >> well, tim cook has done a great job over the last few years of managing the existing devices and the existing products but people have been clamoring for a new product for that vision. then this is really the first time you get to see whether or not tim cook's stamp of approval -- because he was so intimately involved in the apple watch -- whether it will be a hit or not. this will be defining his legacy. >> ben, who is going to buy the watch? who do you think is going to buy the watch? >> well that's why i think they have three tiers. there's going to be a small set of consumer who have no price point. they don't care if it's $10,000 or not. you will see a lot of athletes buy the $350 and regular consumer. the big question is whether or not regular consumer will jump on especially in the second year. >> mark 18-hour battery life. that was one of the big questions. is that long enough? >> it's better than what we've seen from other android wear watches. i have been

cupertino, california. this is tim cook at apple. congratulations on ten great years of "mad money" [ applause ] >> that's a good call. i want to congratulate you for running the greatest company onneth and creating amazing wealth and the great products on earth for everybody. i'm honored you areal calling this. >> caller: it's the great team that does it. you have been a champion for american innovation. of course apple feel it iss the same way. you highlight innovation as a center piece of your show. >> you make us proud and you do such incredible innovation yourself every time. you know i am totally involved with what you are doing for the phone. but of course for the watch. and if for the research. i basically am look at you are your company as the health company of the future. i'm looking at you as the credit card company of the future. there are great growth areas you are in charge of now, tim. >> caller: it's really incredible. in the first 24 hours of research, we have had 11,000 people sign up for a study in cardiovascular through stanford university's app. to put it in pe

life -- the latest. tim cook saying the watches will send reminders. there will be a new workout at. -- app. i also wonder, will there be a focused on the mid-level priced watch? life -- >> that is what we are focusing on but all of these devices are helping us track our health. the challenge for the apple watch is that it is more expensive than a job own or if it bit. -- job jawbone or a fit bit. other than that my thing they took out a lot of the health monitoring answers to try to maintain battery life and keep the price down. so far, not hearing a lot of unique attributes in the category. cory: i want to get to a soundbite of tim cook talking about the apple watch and reintroducing it into the world. here's what he's got to say. >> i would like to turn to the newest edition of the apple family. and of course, i'm talking about the apple watch. the apple watches the most personal device we have ever created. like the stainless steel and the sapphire crystal, anodized aluminum and a job dropping -- jaw-dropping beautiful 18 caret gold. in addition to being a beautiful object, the

entirely new product line since the ipad in 2010. here is tim cook. >> the apple watch is the most personal device we have ever created. it's not just with you, it's on you. since what you wear is an expression of who you are we designed apple watch to appeal to a whole variety of people with different preferences. >> for those metalheads out there, stainless steel, gold prices from three 49 -- from 349 to 17,000. a new back book is thinner and lighter. an open source developer kit. a partnership with new hbo. we are going to get all that -- get to all that a little bit. we have a hands-on look at how it works. >> the apple launches finally here again. this time it actually works. unlike the models we saw six months ago, the watch is fully functioning with the software it will be carrying when it shifts -- when it ships. you do give up a lot of screen real estate for extra comfort. the apple watch doesn't use multitouch gestures, but it can differentiate between a quick top desk with -- between a quick touch and tap it is also tracks your health and fitness, a lot like most of the

cutting jobs in china. 180 sales in china at this point. a tim cook pushes the world most valuable company into a new product category, wearables. along with the apple watch, it increases focus on health and fitness. he asks what apple did to make the great today. >> i think they made the long-term sale for it. it will take a similar trajectory like apple products. they lay the groundwork, but as far as the real consumer running out and buying it, we are a year and a half away from that. they have definitely laid the foundation for that. >> apple's products have had a real use case. do you think consumers paying attention to the news today understand what the apple watches for? >> i think that is still going to be a debate. that comes down to a lot of develop meant for apps over the next year. it will spark some of that understanding about why people are going to want to go out and buy the watch. most examples might be a small case. the traveler goes checks into your room. all extremely valuable for those types of people. that is still something that is going to take a bit of time.

that surprise interview with apple's tim cook and our own jim cramer last night on "mad money." we'll let you hear that. >>> producer prices fell for a fourth straight month, down un unexpectedly in february by .5 as decline in food prices offset increase in gas prices, a daft the rally sent the dow and s&p into positive territory for 2015. but we'll ride that back and forth. >> yeah, i'm looking at the euro and i understand that it's really difficult for the central bank to keep buying bonds. there's not a lot of bonds out there. their work may -- which came in with a lion may go out like a lamb at the end of the week and that's why if we can see any surprise strength in the euro i think that stabilizes things. if we see the euro keep rolling over, we'll be back in the soup. be aware that it's euro euro, euro petrobras, petrobras, petrobras. >> around 1.06. goldman sees 95 cents in 12 months, 80 cents by the end of 2017 and all-time low is 82 cents. >> if that's really the goal we're going to see so many number slashes, you're not going to want to own any company that has an intel-li

. and finally, during an interview last week, apple ceo tim cook said that he wakes up very early in the morning, so he misses all of the late-night shows. which means there's no chance that tim cook is watching our show right now. [ audience booing ] so you know what that means? it's time for "tim cook fun time." ♪ tim cook fun time fun time tim cook ♪ ♪ look at tim cook tim cook with a macbook ♪ ♪ factual cook casual cook black tie cook nice guy cook ♪ ♪ ♪ ♪ presentation cook celebration cook contemplation cook relaxation cook tim cook ♪ [ cheers and applause ] >> jimmy: we have a great show. give it up for the roots, ladies and gentlemen! [ cheers and applause ] ♪ >> jimmy: hey, everybody. thank you so much. we have a big week of shows ahead. judi dench, danny devito, hugh jackman will all be joining us. [ cheers and applause ] hugh jackman, hugh and i are going to play a -- musical beers. >> steve: hmmm. >> jimmy: with a couple of special guests. that's on thursday. be sure to tune in for that. and we'll have music from hozier. >> steve: oh! [ cheers and app

anticipation, we get the details of the new apple watch. the key is for ceo tim cook to convince us why we need his product. here is caroline hyde. caroline, what are we getting excited about? convince me that i need this watch on my wrist. caroline: that is what tim cook is going to do today. we got plenty of details already. six months ago was when we heard they are launching an apple watch. some of it is going to be in 18 karat gold. there are three models, including a sport version and high-end luxury edition. there is aluminum, steel, six different types of straps and touchscreens. i think what everyone is going berserk about is the price point. it starts at $349. what the you pay for and 18 karat gold watch that they say is harder than normal gold? it has even got a polished sapphire crystal face. $20,000? that is what some are speculating. not much compared to a rolex but it is pushing up the price point. what is the battery? are you going to have to charge this? the promise is, it will last an entire day. we want details on that anda apps as well. tim cook wants this to open your c

athens not to waste their time. tim cook introduces apple smart watch and a new macbook. "street smart" starts right now. here are the top stories we are following ahead of the closing bell. euro area finance ministers telling greece it must meet -- move faster if it wants europe to unlock more bailout funds. reese is said to have slid backwards as it has not offered the details needed. athens has until june to reach a broader agreement with the euro area. janus fund suffering its first black month since gross joined the firm. about $1.45 billion in assets. bain capital seeking funding for its third asia fund. they hope to capitalize on a surge of eye out deals in the region last year. the fund will focus on china japan, india, and australia. we have got less than hour until the close of trading. breaking news desk, scarlet fu is looking at some of the action. what are you looking at? scarlet: we are seeing a come back from friday's big selloff. the dow industrial is near its best levels of the session. you have 26 names higher, and only 4 declining, led by intel and coca-cola. you see

hoping you want the internet on your wrist. tim cook will unveil the latest device, the apple watch. it will have a rectangular touchscreen. the price will start at $349. analysts estimate they may sell 14 million of them in the first year. a solar powered plane has taken off this morning. builders of the solar impulse want to be the first to fly around the world without using any fossil feels. the plane took off from hobby dobby. it will take 25 days over five months to do it. those are your top headlines. tom keene: very cool. i just went to the air and space museum. we will have an interview with an astronaut later on bloomberg surveillance. right now, we do a day to check her in what a friday it was. yields are higher. it's been a soggy euro coming off the friday carnage. the vix is showing the friday angst. the dow was under 18,000. we are back on the euro yen watch. this is a weaker euro. gold is getting near critical support levels. that is something to talk about into march and april as well. let's get to the bloomberg terminal and get some perspective. this was a weak euro.

shares of apple you should just be thinking that tim cook and the team are ready for pretty much anything that the world might throw at us? >> currency's clearly a problem. but frankly the best companies will figure out a way to manage it. >> that was apple ceo tim cook on last night's special tenth anniversary "mad money." not sounding too worried about the big dollar rally. but should you be? dan niles is a senior portfolio manager at alpha one. we simply call him mr. technology. i call him dan. dan, good to have you with us. >> thanks, melissa. >> certainly we've hay drumbeat of analysts recently come out and highlight the currency, the negative currency impact. we've had barclays on hewlett-packard, lexmark, tech data as well as xerox yesterday. we had deutsche bank on tesla today. is this a concern of yours? >> yeah, it should be a big concern for everybody. i think the one thing that the analysts for the most part aren't focused on the way they should is everybody's of course dealing with the fact that if you're selling something in europe and you have to translate it back

. coming up, we will get back to apple. tim cook is bringing apps to your arm. can it sell it in big enough numbers to have a meaningful impact? we will talk about that later on. a big marketing test is coming for the company. we have live pictures of the german chancellor in japan. she is visiting as part of a bilateral meetings with g7 leaders ahead of a summit that takes place in germany. we are back in a couple of minutes. ♪ guy johnson: it is 43 meds past the hour. -- minutes past the hour. welcome back area let's check the markets. the ecb kicked off its qe plan today. it is rumored to be in the german markets already taught on's there. -- bought bonds there. we are seeing a drop stateside friday following that strong payroll number and the expectation doing our baking in a summer rate hike from the fed. you can't pull the two apart when it comes to the bond markets. there is a drop on the term in 10 year. i am fascinated to see whether buying on the curves will shape bond markets around europe. we start with the germans. that should keep things happy. let's talk about what i

years. it's also the first new product launch under ceo tim cook. but the most important will be how much is it really going to cost. how much will it cost? >> right now the numbers are about $349 which is a typical apple price. >> that's just for the cheapest one. there's three levels made of thee different metals ranging from aluminum to stainless steel. >> eddie q was spotted wearing the stainless steel watch other the weekend. there's really no news for the high end. >> that's right. the gold one? >> yes. >> the gold one is going to be thousands and thousands of dollars. i think some people have figured out if you took the gold and weighed it, it would have to be thousands of the dollars. i want to bring up a point from history, it goes to that opening clip. when steve jobs introduced the iphone, it was 600 bucks subsidized with a two-year contract. within a matter of months, he had to cut 200 bucks off the price of it. it will be interesting to see. apple does command premium prices. >> and where it's going to sell too. it could be in asia as a status symbol. it will be more ear

give your boss your liver? what if your boss was steve jobs? how tim cook tried to save the apple genius' life. >> tonight, the new kind of diamond that costs thousands less. take a look. can you >> tonight, president obama is talking about the continuing unrest in ferguson. the president was a guest on jimmy kimmel's late night show. he says the events in ferguson are worthy of protest, but no excuse for violence. >>> hillary clinton made a surprise trip to silicon valley yesterday. tonight, the ready for hillary committee hosted a big fundraiser. the tickets cost a symbolic $2,016. >>> all the buzz tonight is over this time magazine cover. look at the top near the logo. some say the magazine gave her horns. i can't see them. what do you think? tonight, time says no way. and here is proof. just check out bill clinton's cover. magazines have given devil horns to people 30 times. any resemblance to cats, bats, or devil horns is a coincidence. >>> tonight, we are learning how close apple's tim cook and steve jobs really were. in the upcoming book becoming steve jobs, cook tried to o

about the latest apple technology, but now apple ceo tim cook is now coming out against indiana freedom of religion law. >> every sunday night. >> i lived that character. >> go one on one with america's movers and shakers. >> we will be able to see change. >> gripping... inspiring... entertaining. no topic off limits. >> 'cause i'm like, "dad, there are hookers in this house". >> exclusive conversations you won't find anywhere else. >> these are very vivid, human stories. >> if you have an agenda with people, you sometimes don't see the truth. >> "talk to al jazeera". only on al jazeera america. >> welcome back to al jazeera america. it's 12:44 eastern time. taking a look at today's top stories. u.n. secretary ban ki-moon is in baghdad for talks of iraq's prime minister. >>> and prosecutors have finished their case in the boston marathon bombing trial the attack that killed three people and injured more than 200. >>> and president obama is in boston for the opening of the edward m. kennedy institute. early senators including john mccain, democrat elizabeth warren along with the

companies will figure out how to manage it. >> that was apple ceo tim cook on the tenth anniversary of money. not sounding too worried about the big dollar rally. should you be? dan niles is senior portfolio manager. recently called mr. technology. i call him dan. good to have you with us. certainly we've had a drum beat of analysis with the negative currency impact. barkleys, hewlett-packard, deutche bank and tesla today. is this a concern of yours? >> yeah, it should be a big concern for everybody. i think the one thing the analysts aren't focused on the way they should. everybody is dealing with the fact that if you're selling something in europe and you have to translate it back to the u.s., you're losing 13% or so year to date. about 25% year over year. and that's simple math. the bigger problem, which people haven't really dealt with. if the dollar stays up here, a lot of companies have to reprice their products. so you're right now dealing with a currency translation effect. anything you're bringing over from asia or europe you have to translate back to fewer u.s. dollars. the bigger

& noble, it is amazon. why amazon itself might be doomed. a high-tech fashion -- ken tim cook convince users that the apple watches worth $10,000 -- watch is worth $10000? ♪ betty: here is a look at our top story this morning. the dollar trading at a seven-year high against the yen. sparked by speculation that the u.s. is moving closer to an interest rate increase. the biggest maker of chips used in mobile phones is buyback $10 billion in shares qualcomm boosting its dividend by 14%. analysts estimate qualcomm's else will rise 3% gain in 2014. -- qualcomm's sales will rise. chinese auto sales accelerate in the first two months of 2015 driven by strong demand for suvs and minivans. retail deliveries rose 16% to 3.5 million in january and february. sales surged 66% while minivans were up 20% hbo planning to debut its standalone online service next month. apple will be the exclusive partner. it will cost about $14.99 per month. it will launch april 12, just in time for the fifth season of game of thrones. you better head to your apple store. it will be available exclusively on apple tv

time you look at it. we all need that. tim cook the smile cook out there. whipping up smiles with that announcement. you know what we don't need the overprice watch apple was peddling to the 1%. >> there will be a limited quantity of the apple watch edition. it is priced from $10,000 and it will be available in select retail stores. (laughter) >> what was that? you say -- i'm afraid i didn't hear that correctly. could you please say that again one time again mr. cook. >> it is priced from $10,000-- i probably shouldn't have taken a drink. i mean i knew that was going to happen. it's just-- this is like my 12-year-old keyboard. i would have a hard time spending 10 grand on a watch and i have basic cable money. i mean from talking dead not this show. comedians, for $10,000 what do you expect this watch to do maimry hart go. >> counter fit money specifically $9900. >> yes absolutely. yassir. >> find my iphone and my real father. >> all right good. jonah ray. >> honestly i expect it to ask my-- that i see all over the piece. >> (laughter) >> it's time to start @midnight captioning sponsore

them all down for you. >> tim cook penning an op-ed against indiana's religious freedom law. while the ceo of angie's list explains his halting of expansion in the state. >> ford reviving the iconic lincoln continental, and we will start to ceo mark fields live in just a few moments. stock futures up after a chinese central stock bank owner said he saw more room. about $12.8 billion in cash. and then of course the personal income rose .4% but spending was up a weaker than expected .1. you were talking about these deals with joe back at hq. a bunch of deals this morning. >> i think what's worth watching is how much the acquirer is going to go up. you have a deal like horizon had them on "mad money" because of their tax status. it's a terrific deal. an orphan drug. they tend not to go into orphan drugs, but that's what they're doing. you'll see united health go up because there's a scarcity of pharmacy benefit managers. these are percolating. but it is -- the futures were down rather markedly until china came in. i find all of these chinese stories to be a lot of just all talk, no ac

range in the 60's by the end of next week. jumy: i like 60's. coming up, tim cook is doing something unusual with his orchard. find out w jumy: tim cook is having a good year. he is using it to do good. he plans to donate much of his wealth to philanthropic projects. he will pay for his nephews college education. he took the reins of apple in 2011 made $9 million and received $140 million in stock. three crew members will launch to the international space station for a big study. scott kelly will travel with two russian cosmonauts. he will spend the year on the orbiting outpost. his twin brother will remain on earth. they will compare the two. they will focus on how space affects different organs, decision-making, and the way genes react. you will want to bundle up. jumy: which do a do i want to head out? autria: right now we have rain. doug: we will slowly move out and the cloudy for the rest of the day. it will be breezy and chilly with a sprinkle or flurry tomorrow. it will be 50 on sunday. hopefully we will have better news coming up at 4:00. jumy: skippy!! yippee!! fun fun fun!

music connect to social media and ceo tim cook's favorite -- >> with the built-in speaker and microphone, you can receive calls on your watch. i have been wanting to do this since i was 5 years old. >> reporter: the battery is charged with a magnetic charger and supposedly can last 18 hours. a standout feature of the new apple watch is its ability to act as a health and fitness device. for example you can swipe up and track your heart rate. you can also take a look at the activity you accomplished throughout the day and you can track how many calories you burned. the apple watch is a big first for the company. the first wearable device and also the first product launch for tim cook without steve jobs. but there are still some who say this watch is no different from the others on the market. editor at large tim stevens says this is what apple does best, rise above the opposition. >> the user face is much more polished we see. people will be able to use this watch much more easily. >> reporter: there are three different models. the sport watch, also the cheapest, starts out at $349. then t

based on the religious views of the business. speaking out in the tech community, apple ceo tim cook, and marc benioff, who has limited travel, and angie's list has withdrawn a proposal to expand the indianapolis headquarters. here is the ceo on the law. bill: it had nothing to do with creating jobs, nothing to do with educating children, nothing to do with attracting talent to the state of indiana. corey: governor pence defense the law that he signed. governor pence: is tolerance a two way street or not? there is a lot of talk about tolerance today having to do with people on the left, but here indiana steps forward to protect the constitutional rights and privileges of freedom of religion for people of faith and families of faith in our state, and this avalanche of intolerance has been poured on our state. it is just outrageous. cory: we were looking for businesses that would speak out in favor of the law and could not find any, but a representative of an lgbt tech company joins us now. this law has drawn a lot of -- i am surprised about the instant reaction from the tech community. wha

morning. they'll announce a successor shortly. >> apples stock barely moves after tim cook unveils range of new products including the smart watch. >> qualcomm puts it's stock to work. several banks upgrade the firm as shares push higher after hours. >> you know yesterday i told viewers i was going to tell them something. you reminded me before the show began but you love the new music. >> i do. i welcome the new music. it's uplifting and gets the energy going. we have a big show ahead of us. >> wilfred you do a little dance before the music comes on. >> it's a fist pump. >> a little fist pump. >> whatever it is its great. >> well enough on that story. let's get to our top story, swiss banking giant credit suisse has replaced the ceo. he cams over after brady steps down after 8 years in the helm. he had been under pressure recently due to a number of legal and regulatory issues and the banks share price which fell around 50% over his ten year. let's get out to karen who is live with the latest on the story. >> good morning, well, brady stepping down is no surprise at all. that's been a v

projections. >> that's putting money where their mouth is in your view? >> yeah. >> you interviewed tim cook. >> i did. >> at the convenience, goldman conferen conference, last month. reflections on their market cap, their size relative to peers, the watch? is the public's fascination with them justified because of their size? >> i uniquely interviewed tim cook the day their market cap went through $700 billion. in fact the minute. i was, of course, interviewing tim cook on my ipad and my news flashes from cnbc were coming in across the top and, of course, i got the flash that apple stock went through $700 billion. i told tim that his stock went through $700 billion and always remember where you were when your stock went through $700 billion. it was a unique moment in his corporate being. tim talked a lot about what they're providing, what apple is creating, the products that, again, the products you and i are buying, the products that you and i could not think about living without. he spent a lot of time on the apple watch. he picked on my watch. >> which is not an apple watch. >> but my wife gav

right now. liz: is that the sound you are hearing? the worst kept secret in america. tim cook having people grab onto their old standby more tightly than ever. personal device we have ever created. it's not just with you. the apple watch is the most advanced timepiece ever created. liz: right now analysts to techties -- techies to teenagers are studying apple's new smartwatch which can let you doodle with the help of what we're calling the mouse crown. yes, using the watch crown as your mouse. a price drop for apple tv, we can't forget that, and big everyone sid on the new apps for the iphone -- emphasis on the new apps for the iphone. was today's event a game changer? will it encourage a whole generation of people to buy a watch and kill the traditional watches? we have global reaction from the smartest apple watchers including piper jaffray's gene munster, the top apple analyst. and breaking news just moments ago according to reuters, the houston ship channel partially shut down right now after a collision between a tanker and a bulk carrier. the u.s. coast guard says the tanker ha

. >> tim cook will be on stage later tonight in some of his go giving us details on this. the price maybe $349. it will only rollout first in the u.s. but we saw debut on a chinese magazine cover, china folk. we are told stores in berlin have been told that they are getting it in april. you can bet these sleek new watches will be out in the next few months. several asian companies are participating in this product. i think everyone will be watching what tim cook has to say tomorrow. will you get one? >> i will take one as a gift. >> i still like the traditional ones for now. the apple watch is among the stories we are on bloomberg exists. -- bloomberg business. living at the heart of the action comes at a cost, whether it is hong kong, tokyo, beijing, or singapore. city life means facing a premium. prices are going through the roof. in many places, there is the added issue of pollution. john dawson have been out to check out a healthy ego solution. i am in downtown hong kong in a street the date back to the 1850's. hiding amongst us is a german ego developer who has designed the apa

. >>> plus moments ago apple introducing the first big product to launch under ceo tim cook. will the apple watch take off? >>> and new arrests in the paris terror attacks. one of them is a female police officer. one of the suspects. hear who allegedly knew coming up. mouths are watering, and stomachs are growling. or is that just me? it's lobsterfest... ...red lobster's largest variety of lobster dishes all year. double up with dueling lobster tails. or make lobster lover's dream a delicious reality. but hurry this won't last long. i'm jerry bell the second. and i'm jerry bell the third. i'm like a big bear and he's my little cub. this little guy is non-stop. he's always hanging out with his friends. you've got to be prepared to sit at the edge of your seat and be ready to get up. there's no "deep couch sitting." definitely not good for my back. this is the part i really don't like right here. (doorbell) what's that? a package! it's a swiffer wetjet. it almost feels like it's moving itself. this is kind of fun. that comes from my floor? eww! this is deep couch sitting. [jerry bell iii] dee

john sculley joining us the day after the watch was unveiled. what he thinks of tim cook's leadership. the stock the latest devices, the whole story, you get the picture, right? all right. the market still under pressure today, really at the lows of the day, down 250 points on the dow, the s&p off 1.3%, right about the lows of the day. we are back after this. woman: it's been a journey to get where i am. and i didn't get here alone. there were people who listened along the way. people who gave me options. kept me on track. and through it all, my retirement never got left behind. so today, i'm prepared for anything we may want tomorrow to be. every someday needs a plan. let's talk about your old 401(k) today. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. its effects on society really came about because, not because i was selfish and wanted one for myself, which i did. its because i had, had a passion. my whole life i wanted to teach myself to build computers. i wanted to build these things for free. i just wanted to do it fo

. tim! who turned out to be tim from cupertino, also known as tim cook. from apple. we're not done. tonight, we have mark beniot and taught me the importance of social, mobile the cloud and now connectivity. let's not get ahead of ourselves. this market just doesn't act the way i want it to. it was down really big at one point. i don't like the way it's intraday acting either. this whole week big moves up and down then up then down. and boy, we were down today at one point a couple hundred. and we tumbled 146 points at the end. s&p sank .61%. was down a full percent at one point. and nasdaq fell .44%. and that's just not what a strong market does. it doesn't gyrate like that. what's ailing us? well, here's the good news. it's nothing here in the united states or at least nothing we can feel. which is what makes things so darn difficult. it's the strong dollar that you wouldn't even know about unless you went over to paris or something that's shaking everything up again. the big hedge funds and mutual fund managers along with the companies that do business over there they've been ca

under fire for its new religious freedom law. this morning apple ceo tim cook calms it very dangerous. >>> syria's president reveals how he knows when isis will attack what you didn't see on "60 minutes." >>> and taking you inside the bottle for a half billion dollar emerald. >>> we begin with a look at today's "eye-opener: your world in 90 seconds." >>> this is about protecting religious liberty. we're not going to change the law. >> outrage over indiana's religious freedom law. >> protesters gathered to take a stand against the law. >> apple ceo tim cook saying they have the potential to undo deck sadsades of progress. >> and the crash in the french alps treated for suicidal tendencies. >> a recording the captain screaming, for god's sake open the door. >>> ticking for a nuclear arms agreement with iran. secretary kerry hoping to broker a deal before tuesday's deadline. >> falling through the roof of a burning house. >> nearby firefighters frantically tried to reach him. >> took his uniform off, burnt from head to toe. >> slid off the runway. >> more than 20 tweeted for mi

the new apple watch. tim cook will try to convince us why we need his new product at all. here to help us cut through the speculation and the hype is caroline hyde. >> the day is the event, spring forward. 10:00 a.m., it is an invite only guest list in san francisco. another event is going on in berlin. we know that they have three models. we know it starts at $349. it has touchscreen, two different sizes, aluminum rose gold. still so many questions. that is going to be what people are going to be sending out tweets, the price point. $349 is where it starts. some speculation that it could go anywhere up to $20,000. >> for a bit of bling. >> 18 karat gold, apple promises the gold to be twice as strong as any other standard gold. it has a polished sapphire crystal screen. the addition will start at close to $5,000. the average will cost about $7,500. price point is what everyone will look at first. we will want to see that you can wear it all day. when we you be able to plug the sin? -- to plug this in? we understand -- tim cook has been speaking in other press reports. he wants to

chinese banks? why owning the sector may be under threat. >>> and tim cook joins a chorus of leaders warn -- the pursuit of healthier. it begins from the second we're born. after all, healthier doesn't happen all by itself. it needs to be earned... every day... using wellness to keep away illness... and believing that a single life can be made better by millions of others. healthier takes somebody who can power modern health care... by connecting every single part of it. for as the world keeps on searching for healthier... we're here to make healthier happen. optum. healthier is here. >>> welcome back to the show. let's get you caught up on the top stories in the corporate front. russian businessman has rejected the renegotiated merger terms between wholesome. this according to several reports over the weekend. stephan joins us at france and down by 1.1% on the back of the news. it's not just cement. is it going to go through? >> we don't know. obviously there are a lot of hopes it will go through. the second largest shareholder with 10.8% stake. he reportedly criticized new terms of

president tim cook is standing out against the legislation. he has come out as gay our message around the country and the world is this: apple is open. regardless what they look like who they worship and who they love. whether the law will be allowed in indiana or arkansas we will not tolerate discrimination. indianapolis based angie's list indicates it is cancelling a headquarters being expansion. >> several thousand people master planned through indianapolis. in opposition to the new law. >> are you tired enough to fight back? >> yes! >> reporter: indiana's republican party dominated legislature and republican governor say the law dubbed religious freedom restoration act will stop government agencies from forcing business owners to go against their religious faith. indiana's the latest of 20 states to pass such laws. >> it's about government overreach and i'm proud that indiana stepped forward and i'm working hard to clarify this. we're reaching out to business leaders. >> reporter: in one example the law would allow florists to refuse to provide flowers to be used in same sex marriages

san francisco, making it the first new category to be introduced under ceo tim cook. as you can see, shares of apple rose during the event, but then ended up 54 cents up more on the watch and why it is so important to apple. >> the apple watch is the most advanced timepiece ever created. >> reporter: apple ceo tim cook today unveiled the company's first new product category in . apple watch. >> it's not just with you, it's on you. and since what you wear is an expression of who you are, we designed apple watch to appeal to a whole variety of people with different tastes and different preferences. >> reporter: the watch is available in three collectio. apple watch sport, beginning at $349 apple watch collection available starting at $549 and apple watch edition, an 18 karat gold model with prices starting at $10,000. one potential problem for apple, it's competing in a crowded field of smart watches, but rivals such as motorola and lg. however, to date consumers haven't been too excited about smart watches, only 720,000 android wear devices shipped in 2014 according to research a fir

intentions not to expand, spend money or schedule events in indiana. apple c.e.o. tim cook, openly gay, and chief of a powerful country called laws like this a bad idea are in an op-ed in the wopt "the washington post." does it stand up to a cost benefit analyse to indiana. we are joined by cuttize smith, president of the indiana family newt, and zach adamson, a member of the indianapolis city council who opposes it. curtis, what does this law change. what was possible before in indiana, that is not now that the bill has become law, or what does this prevent from happening that was a concern for you and others in the state? >> what it changes it the court's standard. when the state court has given a liberty case, they have to use strict scrutiny. it's true today in every federal court in america, and 30 other states. we wanted to elevate religious liberty. you may wonder why this is important. last summer the u.s. supreme court decided the so-called hobby lobby case, where the company was given an exemption from giving abortion causing drugs, using rifra, we would have thought some oth

calling from california to be exact. this is tim cook at apple and i want to congratulate you on ten great years of mad money. >> all right. let's go to a reporter joining us. did mr. cook give us any news? did he talk about that apple watch that everybody else is talking about? >> he did. once kramer actually recovered from the shock of getting a phone call from the man himself, the apple ceo, they got down to business and talked about the research kit which was announced on monday along with the watch and it's essentially a kit of apps that allows users to participate in and contribute to medical research. cook called it a game changer and e elaborated. >> in the 24 hours of research we've had 11,000 people sign up for a study in cardiovascular disease through stanford university's app. stanford has told it it would have taken normally 50 medical centers an entire year to sign that many people up. it's a game changer. >> reporter: joe, they also spoke about apple pay and how it is supposed to work with the new apple watch. essentially you need an iphone first y model five or higher and t

. >> still ahead. future of what apple ceo tim cook plans do with most of his millions. >>> the dow chemical process company this pittsburgh thousands of pounds of chemicals were released into air when the machine malfunctioned. there could be eye, ears or nose irritations in some. >>> a judge sentenced a former concorde elementary school teacher to 12 years in prison for molesting his student. joseph martin was teacher at wood side elementary. the 46-year-old was convicted of molesting seven male student. all victims were in his class between 2007 and 2013. >>> the legal dispute for the family of the late robin williams goes to court this monday. his wife alleged some items were removed from their home. the actor's three children say it is untrue. saying that she is blocking trustees from inventory and that has stopped the process of dividing the property as williams' wishes. >>> tim cook made millions and now he plans to give away most of it. he said he will pay for his 10-year-old's college education and give away most of the rest. the 54-year-old has a net worth of at least $120

companies have pricing power like apple to get through that. >> would you agree with tim cook in that the best companies firing on all cylinders, that currency is not a big issue. if the companies like a hewlett h or ibm have to be careful. >> one is you have a unique product that people desperately wasn't. to some extent apple is benefitting from the fact that they haven't had great products. that's why their revenue growth slowed so dramatically. so they can get away with it. the second piece is if you're a consumer facing company, they have more money in the wallet because of the same factors that oil has been crashing that you were talking about earlier. now the if you're not in the boat and selling more to corporations or government et cetera, like you mentioned hewlett-packard which has a big business like that. short ibm again, more corporate facing, or ge, which are also short, you've got those issues that affect those companies. it's a lot harder for them to get out of it. they're competing internationally. you have the japanese competitors now able to take advantage of pricing.

spoons. >>> plus apple's ceo tim cook taking on indiana's controversial religious freedom act. >>> and a scary scene in fresno, a firefighter falls through the roof while battling flames. we'll tell you how he's doing next. s. >>> very good monday morning to you. apple's ceo tim cook is taking a stand against indiana's religious freedom law that could allow businesses to turn away gay and lesbian customers in the name of religious free tom. in an op-ed in "the washington post" cook calls indiana's new law as well as one in arkansas discrimination. he says america's businesses have long recognized discrimination as bad for business and states should, too. in the op-ed cook says "that's why on behalf of apple i'm standing up to oppose this new wave of legislation wherever it emerges emerges." sales force in indiana, the governor is willing to clarify the wording of the law but not changing it. lawmakers say the act is aimed at protecting people's relimbious frrelimb io religious freedoms. >> we are -- >> arkansas! >> hundreds gathered to protest the conscious protection bill tha

california chief executive tim cook called it the most advanced timepiece ever created. >> apple watches the most personal device we have ever created. >> tim cook's announcement has put it into all the speculation since apple watch was announced in september last year. but watch wirelessly links to iphone, offers apps for fitness and can signal an appointment. there are already smart mark -- smart watches on the market, but they have failed to capture consumers'imaginations. >> i see people mostly using it for what you would use it for -- fitness training come how are you doing as a person -- i don't see a lot of business at the moment. that's where they need to move if they want to hit a broad audience. >> apple has a big job to do to convince buyers it's something they can't live without. >> some people say i have a phone, why would i want the same features on my arm? there's also a risk that battery life could be a limiting factor. there's early reporting the battery will last about a day. we are hearing everything from two and a half to five hours of active use. but if they cannot get a

not to expand, spend money or schedule events in indiana. apple c.e.o. tim cook, openly gay, and chief of a powerful country called laws like this a bad idea are in an op-ed in the wopt "the washington post." does it stand up to a cost benefit analyse to indiana. we are joined by cuttize smith, president of the indiana family newt, and zach adamson, a member of the indianapolis city council who opposes it. curtis, what does this law change. what was possible before in indiana, that is not now that the bill has become law, or what does this prevent from happening that was a concern for you and others in the state? >> what it changes it the court's standard. when the state court has given a liberty case, they have to use strict scrutiny. it's true today in every federal court in america, and 30 other states. we wanted to elevate religious liberty. you may wonder why this is important. last summer the u.s. supreme court decided the so-called hobby lobby case, where the company was given an exemption from giving abortion causing drugs, using rifra, we would have thought some other statute,

event, ceo tim cook is meeting with shareholders today. the stock today is down by 1.7% as it's currently sitting at $124.91. it's fallen a bit since the record high earlier on this year. above $133. i think since tim cook the ceo, was named interim ceo and january 2011 the stock is up about 158%. swrosh lipton is at the shareholders meeting live. what are we expecting to come out of this josh? >> well mandy, actually that annual shareholders meeting just wrapped up. also executive compensation approved. tim cook basically called 2014 annen blooinl believable we're. he also talked about the 63 million ipads. now, ipads, we know have been a bit of a disappointment. at least for wall street. cook says listen he is committed to ipads. bullish on that product. talked a lot about his relationship with ibm to move more ipads into the intoer prize. in terms of themes today, mandy, one issuing one was diversity. the reverend jess swrak was here speaking. he said tim cook deserved a hand for the work he has done in diversity, but called on apple and broadly silicon valley to do more. tim