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the wake of the tweet heard around the investment world, and the stock has been climbing back from a low of $390 a share back in april, and still well off the highs. investors still worrying. skepticism shared by oracle ceo, and among others who called steve jobs irreplaceable. we will not be nearly so successful because he is gone. he was brilliant. he was our edison or picasso. but apple s operating system has been losing market share to google s android, and that runs from devices from samsung among others, and they are often cheaper than iphones, and that s the buzz that there is a phone
rolling out new products fast enough? analysts watching all the supply chains to see what s going to happen. yesterday you had one analyst cut a price target of apple. but apple shares are down 30% over the past year. they had been more than $700 a share back in september. if you are one of the many, many people who own apple shares, you have been watching this company go down as the share price go down as the stock prices are going up. i want to show you smartphone sales, here s one reason why. you can see how samsung has been an amazing story. it has 30% now of the first quarter market share of cell phone sales. declining in market share, not gaining, so this is a company criticized by some analysts who say it s not doing enough, but remember, it is pouring out all kinds of ipads, iphones, mac
i m hampton pearson with your cnbc market wrap. the dow jumped 70 and the s&p on an eight-day winning streak. the longest since 2004. it gained eight points. the nasdaq up 19. exxon took a bite out of apple today so passing the i was phone maker as the world s most valuable company. apple fell 2% today, down nearly 40% from its all-time high of $705 a share back in september. netflix surged a second day up 15% on better than expected earnings. that s it from cnbc, first in business worldwide. now back to hardball. welcome back to hardball.
followers mourned him like the god they ve been told he was. the grieving, as you d imagine, is intense for a leader they d been told first walked at 3 weeks of age, talked at 2 months and authored not read, but authored 1500 books while in college. those who are not overcome were simply dumbstruck on receiving the news. like this gathering for example. they, like most north koreans, not likely aware their fallen ruler scarfed lobster and swilled fine cognac while an estimated million ordinary koreans starved to death during the famine his economic poll sis created. the mourners who made their way by the massive statue of king il sung did not know how isolated the north korea he created and his son ran for 17 years actually is. when kim il sung died, north koreans were told and they apparently believe this that a thousand white cranes tried to carry him off to heaven but were prevented from doing so by the pull of his devoted followers. people living then as now in one