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iPhone 5 Goes on Sale Around the Globe

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    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  • Duration 5:00
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This is this time -- of the morning.

I'm on the Fox Business Network.

Good morning everyone apple fans around the world are lining up to get their hands on the iPhone 5 which hits store shelves.

Around the world today here in New York City the doors should be opening soon are Robert -- is standing by Apple's Fifth Avenue store.

Robert what's it like out there.

Well Diana I don't know if you can hear today that shares are audible behind me apple employees are outside -- the first of the 500 folks.

Who've been camping out here and that brought -- been swelling as the sun has been rising ever Manhattan this morning.

Waned again to by the iPhone 5 the -- behind -- is normally open 24 hours seven days a week dated clothes that last night.

Not -- and until 8 AM that is the time that it H Apple Store and each time zone has been opening and local time -- that folks here.

From Arizona saying that they are not based -- and tweeting their friends back in Arizona.

Boasting that they're gonna get their hands on the iPhone before those guys Kennedy could hear that the crowds started to -- more there -- -- -- of 500 bucks here.

The -- iPhone 5 B elevates sold out two million pre -- -- an hour's time it's expect to be the fastest -- roll out yet.

For Appleton nine nations have the iPhone selling -- -- the most to participate did it -- what we've seen in.

Analysts saying that they've stockpiled as many as ten million units that's about six point four billion dollars.

Worth of inventory by the way and they're expected to according to some analysts to sell as many as ten million Bernstein -- -- -- -- thirteen million.

Before the end of this month now -- you found.

Does -- faster processing speed it works on the Ford GL TE network where you can get that.

I'd also as an and enhanced camera the Syria above voice commands.

Idea that you would give you turn by turn navigation to get -- -- -- But you can also book reservations and have been tabled by critics points of the mapping features -- saying that they're incomplete there's been some errors there.

And a lot of blood had negative -- About the connectors which -- meaning that all of those I gadgets you have that work but -- you're gonna have begun buying UN's although there's -- say we're moving to Bluetooth anyway it may not be a big issue down the line it will be though.

Immediately an -- -- we should also put out a robust.

Secondary market for -- -- you have an iPhone four S still under warranty their web sites out there.

-- dot com is one in the CEO until a minute see interest triple in the past week alone.

I you'll get about 260 bucks real iPhone four S outlook about cover the -- up to pay AT&T -- to.

Upgrade.

If you're gonna byline you can get -- -- cost about 300 bucks that's still less than the dealers would start at 199 with a two year contract back to you -- That's Robert grant that the Apple -- thanks Robert.

-- -- And that apple focuses on the release of the iPhone 5 Research in Motion is -- focusing on a Blackberry outage.

The company now says service has been restored and things are back to normal after reporting an earlier outage affecting users in Europe the Middle East and Africa.

Let's look at the markets now here in the US futures have been in the green across the board all morning Dow futures -- now up.

By about 41 point yes and he's up by almost four the nasdaq's up by 880 here at the Financial Times is reporting European Union authorities.

Are working with the Spanish government to come up with the bailout plan and a limited bond buying.

By the European Central Bank agency market there -- currently mix and now let's take a closer look at what's moving them.

With European markets analyst Doug young Randolph he's the director of sovereign risk and I just global insight now -- According to this Financial Times reports Spain and these European authorities -- -- talking to are hoping to unveil this bailout plan possibly.

In about a week -- to expect investors to respond if that happens.

I think positively I think they're expecting it they develop Oracle's received -- It's only been tested in in anticipation all of the ECB bond buying and the bailout funding made available.

I think -- be a bailout like that are not fully fledged bailout they'll they'll be -- much money.

The trick if you quarterbacks to keep private sector.

On board in terms -- refinancing the Spanish state unturned cardinal I think that's the trick and I think.

The the package will be designed -- -- -- We'll see if they can do that that's -- ran up tonight Jeff thanks so much him.

And Universal Music Group has won approval from EU antitrust regulators to buy EMI's recorded music unit.

For one point nine billion dollars after the Vivendi owned company promised to sell -- BMI's most valuable record labels.

Universal says the assets to be sold amount to 30% and EMI's global sales.

Citigroup is selling EMI after it acquired the music group when buyout firm terra firma defaulted on loans owed to the investment bank.

Here's a look at commodities now oil and gold still up close up by about 70% and 93 dollars a gallon -- at -- bucks at 1776.

Announce.

Coming up this hour I'm his guests of the arrow Neil Cavuto and now here's the -- man live on Fox Business giving you the -- -- --

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