Signs of Financial Stress and china are driving up deposit rates for its risk. Ds global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Crucial opec talks eating underway in the talks eating underway in the anna and we have a mixed picture. Shanghai seems stronger and the yuan a bit stronger say. This is bloomberg. Emily you are watching bloomberg technology. Ireland has its youngest billionaire. Focus on energy week continues. Runill ask the ceo of sun it donald trump with the Clean Energy Industry in danger. Donald trump has chosen elaine chao to run the department of transportation. It will give her oversight of an industry that has seen record ety recalls and efforts to self driving cars. We are at the early stages of a revolution in education technology. Automobiles and realtime. We want to make them safer overtime. Emily what does the 20 twice of a lane what does the choice of elaine chao mean. Kevin, lets st
Importance. You would rule out the possibility of using Nuclear Weapons against isis . I am never going to rule anything out. Nejra it is all straight ahead on bloomberg best. Nejra hello and welcome. I am nejra cehic. This is bloomberg best. Its a weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. In retrospect, this week has been dominated by tuesdays tragic terror attacks in brussels. On monday, attention was focused on Silicon Valley and a major Product Announcement from apple. Unveiling a new iphone at an event in cupertino with a smaller screen and a smaller price tag, starting at 399 for the cheapest new iphone ever. What are your big takeaways . I think its just interesting. I was making an analogy with the golden state warriors. Rather than go big or go home, the old traditional basketball adage, they found that small ball works well for them and they won a world championship. You can see apple tried the same
And smaller price tag. Starting out at 399, it is the cheapest new iphone ever. The company appealing to both to customer loyal to the iphone 5 and new buyers in highgrowth markets like china and india. Investors initially were not crazy about the reveal. Shares dipping as the event got underway, but i do want to point out that investors are typically slow to digest apple product announcements. Looking back since steve jobs died in 2011, shares rose 1. 5 after product launches, but retreated 1. 8 three months later. Right after the event, i spoke with gene munster in minneapolis. I started by asking, how will investors look at apple . I think investors are already concerned. They should take away the are being finally more aggressive, may be appropriate the aggressive but the pricing that should be more resonant with the emerging markets. This is a great price point because it will be more attractive, but at the same time, not at the cost of their margins. So, investors should feel goo
Iphone se with a smaller screen and smaller price tag. Starting out at 399, it is the cheapest new iphone ever. The company appealing to both to customer loyal to the iphone 5 and new buyers in highgrowth markets like china and india. Investors initially were not crazy about the reveal. Shares dipping as the event got underway, but i do want to point out that investors are typically slow to digest apple product announcements. Looking back since steve jobs died in 2011, shares rose 1. 5 after product launches, but retreated 1. 8 three months later. Right after the event, i spoke with gene munster in minneapolis. I started by asking, how will investors look at apple . I think investors are already concerned. They should take away the are being finally more aggressive, may be appropriate the aggressive but the pricing that should be more resonant with the emerging markets. This is a great price point because it will be more attractive, but at the same time, not at the cost of their margin
On topics of critical importance. I am never going to rule anything out. Nejra it is all straight ahead best. Mberg never kill hello and welcome. I am there at k rich. This is bloomberg best. In retrospect, this week has been dominated by tuesdays tragic terror attacks in brussels. Monday, attention was focused on Silicon Valley with a major Product Announcement from apple. A apple unveiling the sc at event in cupertino with a smaller screen and a smaller price tag, starting at 390 nine dollars per the cheapest new iphone ever. What are your big takeaways . I was making an analogy with the golden state warriors. They found the small ball works well for them and they want a world championship. They got to 30 Million People lester and that was a shocking number. 30 Million People bought an iphone five last year per they have dedicated users who want to use smaller phones and pay less. They are being slightly more aggressive, maybe appropriately aggressive, that should be with a price tha