×

CCTV Script 03/03/15

— This is the script of CNBC's news report for China's CCTV on March 3, Tuesday.

15 Years ago, in the middle of the dot-com boom, the Nasdaq hit 5000 for the first time.

It was a short lived -- with the market spending just a couple days over that mark.

And then the dark days came.

But today's tech sector is a heck of alot different than in 2000.

CNBC's Seema Moody sounded out today's tech bosses at the Mobile World Summit in Barcelona.

We've been speaking to various executives and leaders what NASDAQ 5k truly means to investors, not just in the US, but also here in Europe. So far mixed response, some executives saying it doesn't really matter to us, we're more focused on where the FTSE 100 and DAX are trading. Others say it does signal that there is this growing appetite for investing in technology and investors are willing to take a lot more risk when looking at technology space especially given the interest in cloud and security, and not to mention, wearables.

We're also caught up with the former CEO of Apple, John Scully, he also talked to us about what Nasdaq 5000 meant to him.

[JOHN SCULLEY / Former CEO, Apple] "I don't think so. I mean alot of it is driven by tech... and tech is going through.. transformation"

That was the former CEO of Apple, John Scully, not only talking about NASDAQ 5000 but also talking about whether the new phone, the Samsung S6 and the S6 Edge could potentially be a game changer. At this point, he says he doesn't think so. That's the latest from Mobile World Congress. I'm Seema Mody, reporting to you live from Barcelona.

CNBC's Qian Chen, reporting from CNBC's Asian headquarters.

Follow us on Twitter: @CNBCWorld