Marketplace Morning Report for Wednesday April 23, 2014
Rick Warren is opening up a satellite church in LA that will hold services at the Hollywood Palladium (capacity 3,000). Warren's is one of the few churches that has capitalized on creating smaller satellite churches as a way to increase membership for people who want a more intimate church home vs large megachurch experience. Rick Warren knows he can't be everywhere to preach. Warren himself said "Los Angeles is one of the most strategically important cities in the world, why not start a campus there?" How does he stand to profit, beyond increasing membership? Plus, we take a closer look at the evolution of Apple ahead of Apple Earnings. Has the company that used to be known as innovative, lost some of its luster?