ipad. and fox news just rolled out their brand new fox news app for the ipad and you can stream fox & friends on your ipad now. live. live on the web right now on your ipad. right. and, of course, the beach scene that we have on our show. this is iphoto, they rolled this out. this is my son. cutest ever. photos are crisp and clear and feels like you re holding a 12 inch glossy print in your hand. the speed is amazing. crispness of the screen is incredible and the fact that the battery life is the same as the older ipad and it s the same price $499, it s really remarkable and if you saw apple s stock price yesterday, nearing $600 a share. won t be needing your ipad 2 anymore. matches your white wedding dress. what was the buzz of the announcement? did it live up to the hype for the insiders who know this like you? analysts and journalists were sitting in the audience at this event saying how did they imagine to get that screen? the cost involved in getting this new r
from the besieged arab red crescent. western diplomats say that iran is trying to clean up something at its military base. inspectors believe the site may have been used to test triggers for nuclear bombs. this is what a solar flair looks like up close. the flair erupted and was captured by scientists in this dramatic video by nasa. we should be feeling its effects today as radiation distorts the magnetic field possibly disrupting the gps signals. those are the headlines from cnn. i m juanita raj paul. world business today starts now. good morning from cnn london, i m nina dos santos. and a very good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this thursday, a boom town in the midst of devastation. we ll tell you about a japanese city doing brisk business as its neighbors struggle to rebuild. the deadline for the greek debt swap is fast approaching. the signs so far are good as people sign up to push the dea
$499 price tag but the real the real story from this morning is that the ipad 2 could drop in price significantly and still be on the market. so all those folks who said you know what? i can t afford an ipad right now. maybe christmas came and went and you have that christmas cash left over, be able to pick out an ipad 2 now which is still a fantastic device and they sold about 55 million total ipads this point. for the gadget file, obviously they re going to go out and get this because they have have the latest and greatest thing out there. but for the average person, clayton, is this thing going to be such a game changer you ll have to put something that works perfectly fine over here and go buy the new one? well, it s hard to say. apple has a bit of a surprise, steve, as you know, at one of these events so all the buzz is about what software will we see on the ipad 3. remember they had garage band on it and everybody s jaws were dropping and i can make music on this thing now?
well, you stand there with your fingers behind their head. it doesn t always work. it s got this children s mode. what you do is press it and it starts this little animation. oh, very smart. and that gets your kid s attention. also keep with photos, the new ipad has well, iphoto is now available for ios systems. the ipad and the iphone. it s a great way to edit photos, make albums, journals. moms love a scrapbook. calendars, a scrapbook. yeah. it s so easy to do. you make a journal. put pictures of the kids. go through them. you can organize them. it can have different albums, journals. it s about 20 bucks to order them. the other thing you can do with an app is cards. apple has a free app called cards. use your very own pictures. make cards. apple will send them for you right to the recipient. so here s the other thing that moms really like to do. with the ipad, we ve become really good cooks.
internet much faster on the go. there s another thing and that s new apps. the new iphoto app in particular is really awesome. you ve got a journal you can put in all your new pictures and then you can also edit them on the go with new tools. the new ipad has a ton of cool new features but there are some it doesn t have that we thought it would. the first is siri, the new personal assistant that s on your iphone doesn t make the trip to the tablet, even though there is a new dictation software. on top of that we thought apple might release a 7-inch or 8-inch ipad. that didn t happen either. we also thought they might release something to do with the ipad and new apple tv. apple did release a new apple tv but the ipad doesn t work well in conjunction with it. all in all it has some really good features we think you ll like when it hits on march 16th. we were having a totally unrelated conversation. yes. yes. but one fascinating stat here, the ipad last quarter outsold the number o