Page 27 - Scott Sutherland News Today : Breaking News, Live Updates & Top Stories | Vimarsana

we'll tell you. first some news out of apple. ceo tim cook officially issuing an apology for the maps app cook saying, quote, with the launch of the new maps last week we fell short on our commitment to our customers. we are extremely sorry for the frustration this has caused our customers and are doing everything we can to make maps better. this is significant. if only symbolically, guys, david, jim, we don't hear apologies out of this company very often if at all. >> there has been very little to apologize for. this is a true gaffe. those who have read the fabulous book would know ...

there are shortages and tim cook is saying being patient. we will get them out as fast as we can. the stock is lower right now. some of the analysts were thinking 8 million would be sold. despite the fact it was more than 5 million, that was a record for apple but didn't meet expectations. over in asia they had to shut down a plant that makes iphones. not sure when they will open that. that could be factoring in also. back to you. cheryl: thank you nicole. joining us for more on apple, associate editor at barron's, mike santoli. you were telling me a few minutes ago that the analysts...

impressed, juicing the shares up to $669 a share. but does the new device live up to the hype? erika miller takes a closer look at whether the new iphone will be fruitful for apple. >> reporter: this is the new device that could upset the apple cart in the smartphone industry. apple c.e.o. tim cook unveiled the iphone 5 in san francisco. and it has new features designed to fend off competition from rival android phones. >> it is an absolute jewel. it is the most beautiful product we have ever made bar none. >> reporter: now the nitty gritty: the phone is made entirely of glass and al...

be fruitful for apple. >> reporter: this is the new device that could upset the apple cart in the smartphone industry. apple c.e.o. tim cook unveiled the iphone 5 in san francisco. and it has new features designed to fend off competition from rival android phones. >> it is an absolute jewel. it is the most beautiful product we have ever made bar none. >> reporter: now the nitty gritty: the phone is made entirely of glass and aluminum. so it's 18% thinner, and 20% lighter than the last version. it has a larger four inch screen, and a faster data connection. >> the apps on the phone co...

be fruitful for apple. >> reporter: this is the new device that could upset the apple cart in the smartphone industry. apple c.e.o. tim cook unveiled the iphone 5 in san francisco. and it has new features designed to fend off competition from rival android phones. >> it is an absolute jewel. it is the most beautiful product we have ever made bar none. >> reporter: now the nitty gritty: the phone is made entirely of glass and aluminum. so it's 18% thinner, and 20% lighter than the last version. it has a larger four inch screen, and a faster data connection. >> the apps on the phone co...