Credit policy is being managed. Tim cook holds forth on apples future. Where v is steering the company. Where he is steering the company. We are focusing on Autonomous Systems, and clearly one purpose of Autonomous Systems is self driving cars. Ramy and some of the worlds most influential leaders weigh in on critical issues. Brexit is a decision we have to accept. Stronger gdp is good news. It is unqualified good news. I am very optimistic about about what president mccrone president macron will do. Ramy it is all straight ahead on bloomberg best. Ramy hello and welcome. Im ramy inocencio, and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. The week started on an anxious note for tech investors as a selloff that began friday continued into monday. Everybodys favorite sector, tech sold off in a big way on friday, leaving the nasdaq to a biggest decline in four weeks. The selloff has spre
Company. We are focusing on Autonomous Systems, and clearly one purpose is self driving cars. Ramy and some of the worlds most influential leaders weigh in on critical issues. Brexit is a decision we have to accept. Stronger gdp is good news. It is unqualified good news. I am very optimistic about what the president will do. Ramy it is all straight ahead on bloomberg best. Ramy hello and welcome. Im ramy inocencio, and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week started on an anxious note for tech investors as a selloff that began friday continued into monday. Everybodys favorite sector, tech sold off in a big way on friday, leaving the nasdaq to a biggest decline in four weeks. The selloff has spread globally with europe and asian markets tumbling as well. The nasdaq established a new intraday high friday morning at the beginning of the selloff into today as well. And even
Event of the year. We will take you e3 in l. A. But first, to our lead, after years of speculation, apple is finally lifting the hood on its car ambitions, focusing on the technology that makes autonomous driving possible. For the first time ever, apple ceo tim cook spoke about apples car ambitions in an inclusive interview, and also discussed the companys outlook on china. Take a listen. Tim china, for us, we make our decisions for the longterm, and so we are not investing for next quarter or next year. We are thinking about many, many years out, and as i stand back and look at china, i see megatrends there that make china an incredible market. I dont just mean a market to sell in. I also mean a market for Application Developers. We have 1. 5 million Application Developers in china now, probably closer to 2 million now. So it is an incredible marketplace for talent and in terms of the size of the marketplace. And so, the shortterm kinds of economic moves up and down, i dont get too ex
Google. Apple ceo tim cook. Emily thank you so much for joining us. Tim great to see you again. Johnathan emily why should people buy homepod . Tim we try to build something that is a breakthrough speaker first. Music is deep and o in our dna. We wanted something that sounded unbelievable. It does a lot of other things but we wanted a really quality audio experience. Emily youre focused on how to reinvent music in the home, will idea what to make a phone call, college park or order groceries call a car or order groceries . Tim there are a lot of things that siri knows how to do with the phone. We start with a batch of those. Emily lets talk about ecommerce. I can order paper towels on my amazon and him. Does this i can order paper towels on my amazon echo. Tim we think we can reinvent it and the home. We know that people want a speaker to do more than that. Obviously we want a speaker to do more than that. We are combining what has been thought of to be two distinctly Different Things
Event of the year. We will take you e3 in l. A. But first, to our lead, after years of speculation, apple is finally lifting the hood on its car ambitions, focusing on the technology that makes autonomous driving possible. For the first time ever, apple ceo tim cook spoke about apples car ambitions in an inclusive interview, and also discussed the companys outlook on china. Take a listen. Tim china, for us, we make our decisions for the longterm, and so we are not investing for next quarter or next year. We are thinking about many, many years out, and as i stand back and look at china, i see megatrends there that make china an incredible market. I dont just mean a market to sell in. I also mean a market for Application Developers. We have 1. 5 million Application Developers in china now, probably closer to 2 million now. So it is an incredible marketplace for talent and in terms of the size of the marketplace. And so, the shortterm kinds of economic moves up and down, i dont get too ex