Getting ready to report its earnings after the bell. Lets take a look at shares. Currently up by 1. 9 . 132. 73. That stock is up about 20 this year so far. Most of that however, was before it joined the dow just over five weeks ago. What can investors expect to hear . What will it do for the stock . Josh lipton is in cupertino, california. Mandy, as you mentioned, apples stock has moved sharply higher this year. But can ceo tim cook keep that momentum going . Well find out after the close today. Heres what the street wants to see. Analysts are looking for earnings per share of 216 2. 16 on revenue and 56 billion in revenue. Drilling into the different product segments analysts think apple shipped 57 million iphones. Apple is still the iphone company, the product representing more than 50 of the companys total sales. Analysts think apple shipped about 14 million ipads. That product has been a sort of disappointment to wall street. Well see if that trend continues. Analysts think apple shipped about 5 million macs. Investors will keep a close eye on gross margins, expected to clock in at 39. 5 . The team at rbc thinks that could surprise to the upside. Two wild cards to watch fafter the close. Any color or commentary object that new apple watch. Mandy, back to you. Thank you very much for that. What generally happens to apples stock after it announces earnings . We did some number crunching for you. Go to powerlunch. Cnbc. Com to find out the answers. And watching boeing the worlds biggest airplane maker meeting with investors to discuss its future. Last week boeing reported earnings that easily Beat Estimates. The stock up 15 or thereabouts this year so far. A little less than that. Phil lebeau is covering it all for us from chicago. Last week when boeing reported earnings a lot of focus on the cash flow for the company. While it may have disappointed on earnings day, the rest of this year the company is keeping with its guidance. Today at the annual meeting, most of the material was what we expected to be covered in terms of jim mcnerney ceo, giving an outlook for the future and very optimistic about the outlook. There have been some investors who have questioned whats going to happen with boeing charleston. Will the machinists unionize there . They pulled having a vote last year because they wouldnt have enough support to get it ratified. After the meeting today, i talked with jim mcnerney about his expectation for when the machinists might vote again or might have an initial vote in charleston. They didnt think they had the numbers evidently this time. We dont think they will anytime soon. But they will keep trying. We assume they will keep trying. So this probably will not be the last petition. And as you take a look at shares of boeing over the last three years, a number of people have said what kind of performance has boeing had . Pretty nice. Up almost 100 in the last three years. Watch the back half of this year in terms of execution on the commercial airplane side. 90 gain anytime over three years. This is the tenth anniversary of airbuss a380. Theres a picture of one. I dont know whether its too early to call this plane a flop. But theyve had a hard time making sales. And the big question is what happens in the future. Theyre talking about reengining the plane to make it more fuel efficient. And there would be modifications to the aircraft as well make it much more fuel efficient. They have not committed to this. But keep in mind, emirates is the largest customer and you want your largest customer to be happy. And emirates said we think if you worked with rolls royce, a new engine option would be the right way to go. Most ultimately believe because airbus doesnt want to shut down the program completely will go with that new engine option. Phil lebeau, thank you very much. Breaking news in the bonds market. Twoyear notes up for auction. Rick santelli tracking that action from the cme. Whats demand like ricky . Well demand right at 1 00 eastern when the bidding process ended for this dutch auction, i give the grade a c, pretty much very average. Keep in mind we have a fed meetings starting tomorrow. We have the press conference and statement on wednesday and the twoyear note is definitely a short enough instrument to be affected in a potential big way on surprises. Lets go through it. 26 billion of those two years were auctioned and everything was pretty much average. The 54 basis points what it garnered at the dutch auction was the bid side of the market. 3. 30, thats the bid to cover. It was a little light. Average, 3. 42. But everything else, 14. 6 on directs. Pretty much right on. We give the auction a c. Tomorrow, fiveyear, 35 billion, tyler, back to you. Rick, thank you. Dominic chu market flash. Its a relatively calmer day in the markets overall. But one Industry Group getting a lot of attention is biotechnology. Very much in the red. Vertex biogen amgen each down. And one of the etfs that tracks it, ibb, you can see there, down by about 3. 5 . It rests right now on a chart level that some people say could be support. Something called the 50day moving average. Well see if people step up to by the ibb or the biotech industry overall. Thanks very much. The biggest power plays in business and investing are all gathering in Beverly Hills which where we find Brian Sullivan. Good morning to you, brian. It cant be the biggest because youre not here, mandy. Its almost the biggest power players. Thank you very much. Michael eisner ran disney, he has his own company now. Everyone knows who you are. Thank you for joining us. Pleasure. Tv five years from now, whats it look like will i have a job . If you focus on content. So many distribution platforms, content is king. That platform whether it be cable, streaming, whether a d2 channel coming up podcasting news, the best content will get the eyeballs. So our parent company, comcast, Time Warner Cable deal obviously off the table. People say the industry will evolve now faster than it ever has. Well, comcast has known with very Good Management that content is what they want. They came after disney at one point. They tried to make a hostile advance on us, which was not successful. That was 11 years ago. Yes. But then they retrenched. They bought universal. Universal has Motion Pictures television nbc, cnbc. Yes, they wanted to dominate the cable world which may have been a good idea or may not have been a good idea as far as the public is concerned. But dont count comcast out in any sense of the word. Our viewers are thinking eisner knows the business as well as anybody else. I want to make money from the industrys evolution. How do you do that . Where do you make money in film television, media, whatever it is . Well of course i would suggest you invest in disney. I would invest in any company that focuses on content andin its primary source of industry. Who do you like . All the companies are doing pretty well. The Cable Companies have reinvented themselves, again, with mad men and many different kinds of shows and content. Technology has moved the world forward. So netflix was a dream, an aspiration of Reed Hastings its now the nightmare for Cable Companies and cutting the cord. We have a show called bojack horsemen which we do on comcast, which is a fantastic show i know it. Its a little weird its not weird. Its no weirder than you and i. That says something. If you were running disney today, would you have tried to buy netflix . I did recommend to bob iger when netflix went from 400 or 50 to50 500 down to 60 a share, it was a misunderstood disaster because it wasnt really such a stupid thing to do. I dove in as an investor. At that point, i recommended it to bob. However, bob was buying pixar, marvel, star wars he was busy and he was right. Was he interested in netflix . I love it but im too busy or no . I think his concentration was within content. And netflix at that point was a technological distribution play, not a content play. They then decided that their differentiation was in content. Netflix decide that had. So there was some netflix was interesting to you at some point . Now its so big, do you think netflix could be taken over now . I tried to talk Reed Hastings into going private way back when. When they were a Mail Order Company no, when they were having trouble during this period. And he said no if i try to do that, somebody will try to take it over. Does netflix become the next disney without the parks or does somebody say finally, i dont care what im paying ive got to buy them . No, netflix is and amazon prime is this way as well. I was thinking amazon would be interested. I dont think they would want to pay that price and they dont need them. They have their own service. But netflix is a technological Excellent Way to distribute content and with the bandwidth that exists now and with everything with the ability to be on demand this is amazing for a content maker, we put 12 episodes of bojack horsemen on on the same day in nine languages. Used to do one a week and then french or german the next year. Then you do japanese nine languages same day is a lot of work. Last question so theres this movie coming out star wars, you may have heard about it. Its a big deal, right . Its a disney move. Everyones talking about it. But when i look at the numbers for disney you realize that disney is a Parks Company no, no no. Movie is about onetenth of the business. Not a Parks Company. But movies arent that important to disney. Yes, they are. Why . Look at frozen. Frozen created the most incredible Consumer Products incredible soontobe broadway show, incredible parks attraction. Parks are a piece of the whole. Ditzny disney is a familyoriented company. And star wars that has a great director let me ask it a different way. Is star wars going to be big enough to move a big needle . Will it move the needle . The answer is yes. But there are a lot of needles. Star wars will be pretty quicking everybody with these needles whether its marvel or we have a Company Called tops. We have a star wars card trader app thats now the top 100 apps in the world and its been out four weeks. Star wars theres an appetite for those characters. And disney will have the merchandise, the theme parks. We already have we did two star wars attractions in the 80s. Yes. But lets be honest. I say this as a fan. The last three star wars movies stunk. They were not good. So you guys come in, buy the lucas film is it a dead franchise . Can you resuscitate it . No first of all, no listen to this before bob bought it he watched all six star wars films. He made his assessment. Maybe he agrees with you, maybe he doesnt. He then got j. J. Abrams whose father who did lost. Yes. Who will make one of the best star wars ever made. But theres faith . Exactly. The fans are desperate for this to be amazing. The last three were not amazing. Lay down. So what do you do . What do you do with star wars . You have the rides theres already two attractions in all the parks. Its just like pixar, like marvel. Mostly like disney. It is things that kids grew up with. Its in their dna. Its religion. These characters are the force. Its the force right. Michael eisner, its a real pleasure. Good luck with tops. Thank you. Thank you very much. Theyre bullish on star wars out here. Everybodys talking about it. The movies not out for another nine months and everybodys talking about it. Mandy, i know youre a star wars fan, although apparently nobody else at cnbc has seen any of the movies. I dont think theres a single male on the globe that hasnt seen star wars. But the females cnbc population has been slacking on that. Lets take a look at the markets. The nasdaq and the s p 500 hitting new highs today. Is the u. S. Stock market getting overvalued . Or is it still undervalued . As were watching right now, the markets have turned negative. And were asking the question would your money be better overseas, like europe or japan . Jpmorgans trilliondollar man weighs in. And a new way for individual investors, the mom and pops to get in an private equity buyout deals. Well show you how. [ male announcer ] eligible for medicare . Thats a good thing, but it doesnt cover everything. Only about 80 of your part b medical expenses. The rest is up to you. So consider an aarp Medicare Supplement insurance plan, insured by unitedhealthcare insurance company. 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Chose shares are all to the downside. Now lets go back over to Brian Williams in l. A. Back over to you. Dom, thanks very much. I want to talk about box, but first, i just saw youre wearing an apple watch. So you got it how do you like it . Its actually pretty awesome. I owned microsoft had a watch about ten years ago. Unfortunate product. And it was really really good at telling you the weather. So now this is exciting to have something that keeps you up to date and its fun to wear youre not involved with apple but you are a consumer. Would you recommend it . If you are already in the apple universe, i would definitely recommend it. Its a perfect accessory to your phone. They have to get the battery thing right. But so far, its been pretty fun. Spontaneous apple watch discuss breaking out here. You are on a panel here the conference, the viewers are like, where is sullivan and why is he doing this . Its the greatest conference you have a panel called what keeps a ceo up at night . Youre a young guy running a company. Permanent deflationary environment good thing for us. Why . The cost structure of our business goes down every year. As hard drives get cheaper and cheaper, our core cost of goods sold gets cheaper and cheaper and all the value we build is the Software Layer on top of the instructure. Unlike some of the pure infrastructure platforms, our Value Proposition is the infrastructure i want to push back on that. If i run a jewelry line or restaurant, i want to charge more not less for my services or product. Yes. Youre saying you want to charge less . No. I want my cost to be less. But the value we provide above the infrastructure actually is the premium on top of that. So so your operating margin will go up, your pricing goes down but the operating costs go down faster . Over the past four or five years, our price per seat the sort of price per user on the platform has gone up. Even in a market where the underlying storage cost is going down the value were providing is increased last question you do not fear the commoditization of Cloud Computing in digital storage . We prefer it. The more value we can offer our customers. Security collaboration, all the workflow around your data the more data you can put on our perform, the more value we can provide to our customers. Back to mandy drury, but i have to ask you this mandy, is jarjar binx the worst character in a movie ever created . Mandy said he wasnt that bad but im sure theres worse. Definitely the worst . No there are worse. Hes not the worst but hes up there. There were worse in the same movies. When you said those three movies stunk, that was being generous. Im still going to see the movie, though. Was he a dog or girgy or giraffe . Lets get out to Mary Thompson with a news alert. Dupont is the currently bestperforming stock among the dow 30. Recommending that shareholders vote for two of the four nominees, board nominees that have been set up or put up by trion. Dupont has come out and in response to the recommendation says that iss is wrong by basically supporting two of trions nominees as well as some management recommendations. Dupont says they are wrong by ignoring the success of our transformative strategy and the value destructive nature of trions breakup agenda. Dupont is confident shareholders will do their own analysis and recognize that dupont has the right plan in place right now. The rhetoric heating up in this proxy battle where trion is trying to take seats from some of the directors on duponts current board. The death toll has been rising all weekend in that devastating earthquake in nepal. Its in the thousands now. Thousands more injured, many of them gravely. Hundreds of climbers strandened on and around mt. Everest. We have the very latest on this developing story after this short break. Qo e d8j8j8j Deutsche Bank shares falling nearly 5 . Scaling back its Investment Bank and Retail Operations in a massive overhaul focusing more on its asset and Wealth Management services. Espn suing verizon over the carriers new custom tv bundling program. Espn claiming verizon violated the terms of their contract. And goldman upgrading seaworld to a buy. Six flags getting a downgrade to neutral from the same bank. Those are the headlines. Back to Brian Sullivan in Beverly Hills actually well check with brian in a couple of minutes. This is the latest from earthquakeravaged nepal. Drone footage near the epicenter, devastation is not a Strong Enough word to describe whats going on there. Centuriesold temples and homes have been devastated. Rescue workers still searching for survivors. The death count now above m