Apple set a new record share price and market value just after the unveiling of its latest smartphone.
The company received more than two million pre-orders in the first 24 hours – that is around three iPhones sold every two minutes.
What does that mean for Apple in its ongoing battle with rivals? In this edition of Business Weekly we discuss that with Mark Priest from ETX Capital.
Also in the programme: the crisis in Spain, where the government has to deal not only with an economic but also a political crisis, and carmakers’ continue to suffer from weak sales in Europe.
Watch the programme with video on demand.
- 1Braking bad: auto industry plagued by scandals
- 2How abolishing taxes saved a dying Hungarian village
- 3Saudi Arabia responds to low oil prices with economic reform plan
- 4VW counts cost of emissions scandal as other German carmakers join massive recall
- 5As iPhone sales slide, what is Apple’s next big money maker?
Wires > Business
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- 22:16 CET Apple’s stock suffers worst week since 2013
- 21:50 CET Deutsche Boerse retracts merger comment at UK request
- 20:49 CET VW executive committee balks at Qatar’s push for seat – sources
- 19:06 CET UK first quarter motor insurance premiums slip – AA
- 19:01 CET UK’s Co-operative Bank names Liam Coleman as likely CEO successor
- 18:58 CET Tame U.S. inflation bolsters Fed caution on rate hikes
- 18:47 CET EU watchdog says clearing houses resilient, tougher daily checks…