buy and underwhelming corporate results from citigroup. the dow industrials down about 65 points, the s&p down a little bit. a record close the day before. the nasdaq edged higher, so a mixed close yesterday. in europe right now stocks are up in london, frankfurt and paris. in tokyo, the nikkei closed slightly lower. here in the u.s., shares of intel are down more than 4% in premarket stock trading. the world's largest chipmaker said last night it expects revenue growth to remain flat this year. >> that's not good. >> something that really surprised wall street. the company said it overestimated the amount of spending by companies on things like new pcs. companies don't spend money unless they absolutely have to, and that's something that intel is seeing. all right, baig day for apple in china, people flocking to the china mobile store to get the first iphones which are now on sale in the country. how big a deal is the launch? big enough that apple's ceo was on hand to autograph iphones for customers in china. cnn's david mckenzie live in beijing. david, why is this launch so important to apple? does it have something to do with, oh, 700 million potential