but the apple watch was not in attendance, but it was felt. especially when the smart watch is due sometime later this year. can this smart watch be a big hit? i spoke with gene munster and asked him how apple sizes up the market for its watch? well, we re thinking about it now as a smart watch market. not a broader watch market. that is going to be a much smaller initial market. we have been surveying a lot of people. about 10,000 people in the u.s. and asked them about their interest level in buying an apple watch. some did not know what the watch looked like. the ones later on did know. the interest level was very low. surprisingly low. it runs about 10% of iphone owners say they are going to buy the watch. as this sets up, it is clearly the big topic. i think it is going to take some maybe more powerful apps to really drive the value for consumers to understand why they need the watch versus just using their phone. specifically, you do as much work as anyone i know on
attendance, but it was felt. especially when the smart watch is due sometime later this year. can this smart watch be a big hit? i spoke with gene munster and asked him how apple sizes up the market for its watch? well, we re thinking about it now as a smart watch market. not a broader watch market. that is going to be a much smaller initial market. we have been surveying a lot of people. about 10,000 people in the u.s. and asked them about their interest level in buying an apple watch. some did not know what the watch looked like. the ones later on did know. the interest level was very low. surprisingly low. it runs about 10% of iphone owners say they are going to buy the watch. as this sets up, it is clearly the big topic. i think it is going to take some maybe more powerful apps to really drive the value for consumers to understand why they need the watch versus just using their phone. specifically, you do as much work as anyone i know on the sell side. i feel like try
and there are loads of wearables, but the apple watch was not in attendance. the mdc that the table was felt especially as smart watches do in the first half of this year but can it the a big hit? i asked how apple fires up the market for its watch. not a broader watch market, so that s going to be a smaller initial market. we have been surveying a lot of people. we surveyed about 10,000 people in the u.s.. obviously some of them knew earlier in the year they did not know what the watch looked like. the interest level was surprisingly low. it runs about 10% of iphone owners say they are going to buy the watch will stop as this sets up, it is clearly the big topic but it will maybe take some more powerful apps to drive the value for consumers to find out why they need the watch as opposed to just using their phone. you do as much work as anyone i know on the sell side and trying to figure out what trends to tie it to i ve got my fit bid some people where there heart
we ve got an all-star team lined up to get you the numbers, and more importantly, what they mean for stocks in the broader market. stay tuned in about an hour when the action heats up. an impact on tomorrow, without a doubt. you know the saying buy the rumor, sell the news? when it comes to bill ackman and his reported takedown of herbalife today, it was more like sell the rumor and buy the news. i mean, big time. his presentation didn t tank the stock, as expected, it did just the opposite. herbalife is surging right now by 18%. why does the market think that he s so wrong about this company? we re going to take a closer look at that. it s an intriguing story. it is. now, let s look at where we stand in the markets. the s&p 500 at 1,982 is currently three points away from trading at an all-time closing high. now, the dow jones industrial average not far behind. it s at 17,110. its high water mark is 17,138 for the close, 17,151 for the intraday high. and finally, the n
but still, the dow futures look like they re up about 24 points above fair value. s&p futures up by 5 points and the nasdaq up by 11 1/2. among our guests today, we have lee cooperman joining uts at 8:00 a.m. wholesale trade and monthly same-store sales. as for earnings, we ll get results from pepsi before the bell. alcoa kick off earnings season last night. the company posting better than expected results. ceo clause clinefeld was on cnbc last night. on an absolute basis as well as on a margin basis, we saw an increase of profitability year over year of 45% in the mid extreme. and the best quarter in the upextreme brings since the second half of 08 when it started to get weaker. shares of alcoa are up about 50% in year. in other corporate news, amd is replacing ceo rory reed. the market value is nearly halved since he took over in 2011. the chipmaker is trying to expand beyond its core pc market. lisa su will take the chief executive role. some annists were surprised