Got, they are hoping they will look at this new iphone expecting to be released today out of presentation at a presentation here. Not as big a presentation as when they announce the bigger iterations, but a smaller phone what they are offering in the market right now. In addition to that, talk of a new ipad, following up the ipad pro release last year. And yes, hold on to your seats, new bands for the watch. Its exciting. Excited about the new watch bands. Cory johnson, editor at large. Cory its the size of this. Emily exactly. What does this they mean for apple . The company, investors, consumers, and how much do todays announcement even manner even matter . David kirkpatrick and bret taylor, former cto of facebook. The creator of google maps and ceo of quit. And dave warned, dave warr everybody, thank you so much for joining us. I want to start out with you guys who built heavily on the . The apple ecosystem. I Just Launched a new phone. Its probably not huge news, but i think the br
Longawaited decision to raise Interest Rates. What does it mean for technology . I want to bring in bloomberg intelligences bloomberg intelligences chief u. S. Economist who joins us from new york. Our editor at large cory johnson in San Francisco. Carl, give us all the details. What happened today . Carl good afternoon. The fed was getting very close to pulling the trigger on Interest Rate increases late in the summer. However, when china devalued the currency and the turmoil erupted, the fed lost faith that the timing was appropriate. So, instead, the fed is waiting to see the extent of negative feedback into the economy over those events. So, they need to wait longer before raising rates. They still have an objective to raise rates this year. Not to guarantee that they will deliver, but theyre watching to see the extent of feedback. The recent signs give them reasons for pause. Last week, we saw Consumer Sentiment much weaker than expected. The new york Empire Survey was softer this
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