death triggered the internet being over loaded with searching for news updates and having anned in impact on album sales like amazon and i tunes. what does it mean? will it continue? when you look at amazon and apple. we begin with jim. the president made a statement about michael jackson in which he called him a spectacular performer and music icon. in terms of what you have seen today on the internet, icon he s. >> no kidding and you see his shoes where he leans in and those are anti-gravity. he filed a patent and was granted the patent on those chews. more than a music innovator and an inventor as well. call it jackson inc. online. the top five stongs on sale are all michael jackson. 8-10 music videos as well on i tunes were from the king of pop. at amazon the music slots belong to jackson skpth jackson 5. amazon.com is completely sold out of his cds. 60% since yesterday have been sales connected to michael jackson. they call that stunning. google thought their attack was under attack because of the spike and created a special page on you tube. spotlight rip michael jackson that a fractioned millions of visitors. celebrity blogs are exploding and 8-10 trending topics were about him and 65,000 texts sent per second as the news broke. the largest spike in traffic in history. they are reaping benefits as jackson himself was mired in a half million worth of debt. we are obviously having issues there, but what he was going to tell you is apple generates about 33 cents a song. we are talking big moan there. mtv will keep playing the videos and generate a lot of advertising connected to that. it could end up being a stock play for the companies which is ironic when you consider the financial madness he was dealing with in life. >> it is. tragic in ways, but i'm sure some people are amazed. 60 percent per of all sales on amazon and 65,000 tweets a second. what does it mean in terms of staying power. what it means for the retailers. the numbers are stunning, but the question is how long does it last. >> that's a good question. if we look at elvis who had staying power over the last 25 to 30 years since he died, michael jackson who arguably was a bigger star might just have a larger presence. definitely from my generation. there is much clearer connection to michael jackson than elvis. if you go on ebay, there is a huge spiking in merchandise. the thriller album was selling for over $300 for a mint condition issue. >> like a record? >> the record itself. >> i'm thinking because they'll make more cds. >> a lot of the digital media that you are seeing, that will die off. i think in two weeks, the top five i tunes won't be michael jackson. one or two will. the demand for hard merchandise or for instance a figurine on ebay today sold for $280. >> woor ve one statistic that we are saving for jim cramer. i get the question, when you were given the math about apple, is this big enough to move the needle for any of these companies or is it incredible, but profit-wise not a big deal? >> when you are talking about apple, you are talking about billions in revenue from ipod, i phone and the mac. even with a spike of michael jackson interest on i tunes, it's not going to move the needle. what it does is moves the needle as far as the trend. where we are getting our digital news and entertainment and where we go to share digital feelings. the trend of social networking and social media and digital entertainment. these companies like google and yahoo will capitalize on the number of eyeballs they aggregate because of all of this. we see the shift to the internet and it's a very big deal thus far. these events tend to spotlight how connected we all are thanks to this technology. >> thank you very much, jim goldman. good to have both of you with us. jim cramer up and we have an item from ebay with pretty stu pendous values. jim has an award to give. oopsy, did it again. bernie madoff faces up to 150 years in prison. he gets just 12 years according to his attorney. here's the judge's decision. he will be in the courtroom and live coverage on squawk on the street. that's monday morning. tdd#: 1-800-345-2550