Good morning. Welcome to the pulse. We are live from bloombergs European Headquarters in london. We begin with a deal between apple and china mobile. After six years of negotiations, the two companies have struck a negotiation struck an agreement. Us withine high joins the details. It has been a while coming. Six years of haggling and finally, apple is able to access a Customer Base that is more than double the population of the United States. 1. 2 billion. This is a big gap in the distribution of the apple iphone. They have already been in china since 2009. But via the secondlargest carrier, china unicom. Finally, the deal is sealed with china mobile. Just below two thirds of the market they currently control. The customers7, can lay claim to an iphone 5c or 5s. What sort of sales growth are we likely to see . Morgan stanley says this could add 12 million iphone sales for apple in 2014. That is about an eight percent increase on the amount of iphones they sold in 2012. They sold 150 m
Welcome to our new time. We are watching that market go. This is a rally. You are making money. Bernie and company is about to begin. Check the big board. This is a rally. The s p 500 is at an alltime high. All right, Charles Payne. The economy is doing pretty well. People want to make money people can talk about all the Different Things in the world. All of these great things where people make a lot of money. The company made money. Stuart you like this time. We will be covering for two straight hours. You are making money. President obama will address the gooernors this hour. Governors from both sides of the aisle agree. Obamacare is not going away. Why do republicans say it is here. What is going on. Test crews out there promising things. I think it is good you are seeing republicans take stocks into reality. Put this guy into the white house. Not going away for now. You probably need a republican white house. That is at least three years away. You had 19 senate democrats. Including
Welcome. It is saturday march 22nd. Good morning. In for claudine wong. Lets get a quick look at the weather. Another fantastic afternoon in store. We are waking up to the low clouds and fog back with us. Taking a look over you can see the gray over parts of oakland and facing toward the east. We do have mostly sunny skies expected for the second half of the day. I will show you where the fog and the low clouds are. We have it along the coastline in to the east as we showed you. Through the strait, santa rosa reporting visibility down to a quarter mile at the airport. Its a little bit of patchy fog and visibility. Low if you have an Early Morning drive along the valley floor. I think you will find patchy fog. As we get to eight, nine, itll start to slowly burn off. We will mostly be sunny on the way to the coastline. Notice as i put it into motion we are into four and we still have clouds up and down the coast. Partly sunny to mostly cloudy for the coastline. Mostly sunny away from the
That number will be watched closely. Our squawk market master this hour is marc faber. Hell be joining us onset in just a moment. In fact i think i see him making his way out now. Also politics are on the agenda today, as well. We have the third and final presentation debate set for tonight in florida. That final 90 minute showdown will focus on Foreign Policy. Bob schieffer of cbs will be moderating. You can watch complete coverage right here on cnbc and of course the cnbc twicker will be live. Right now lets get you up to speed on this mornings top stories. Making headlines this morning, spains Prime Minister getting backing for his austerity drive. The vote removes a potential obstacle for him asking for a bailout. The timing of any spanish bailout is still uncertain, of course, and well have more from Ross Westgate in just a few minutes. Japans exports tumbling by 10. 3 in the year. Sharpest decline since the aftermath of last years earthquake. Meantime bank of japan is cutting it
Russia is condemning an israeli air strike on syrian territory calls link calling it a brazen attack on international law. What is unclear is what israel was targeting. Israeli warplanes attacked a convoy of trucks traveling across the border of lebanon. Nicole johnson is live in jerusalem. The reaction is coming in from this incident. That is right. We have had a response from hezbollah. It has condemned the attack inside syria, saying it is a dangerous act. We also heard from russia, which said it will be taking urgent action to clarify what has happened. There is still a great deal of uncertainty. The u. S. Navy is reports in israeli officials spoke to u. S. A Administration Officials and informs them they are planning and carrying out an attack on an arms shipments said to be carrying russian missiles destined for hezbollah. If those missiles were surface toair missiles, that would be a game changer. It would make it difficult to carry out air operations in northern israel as well