Apple’s $2000+ iPhone, Oil Gain Stokes Inflation Fear | Bloomberg Businessweek Daily 9/8/2026
Around 2020, Apple Chief Executive Officer Tim Cook returned from a trip to Asia unusually energized about a new product category: foldable phones. The project will reach its defining moment on Wednesday, when Apple is poised to unveil its first foldable phone. The introduction will also serve as a debut of sorts for CEO John Ternus, who took the job on Sept. 1. The timing of the leadership transition was meant to help herald a new era for Apple products and allow Ternus to be the one to unveil the foldable device. Bloomberg Managing Editor for Consumer Tech, Mark Gurman reports. Plus, Mia Gindis, Bloomberg News Oil Markets Reporter and Mike McKee, Bloomberg TV and Radio International Economics & Policy Correspondent discuss Brent Oil nearing $100 a barrel as conflict with Iran continues. Finally, Bloomberg Opinions Columnist Marc Champion discusses the latest in the lack of negotiations to prevent Iran from obtaining nuclear weapons.
Chapters
00:00:00 Bloomberg Businessweek Daily
00:02:26 Market Update: Stocks Fall, Oil Rises
00:05:02 Iran War Keeps Oil Markets on Edge
00:07:04 Strait of Hormuz & the Global Oil Chokepoint
00:09:03 Refinery Shortages & Rising Fuel Prices
00:10:50 Oil, Inflation & the Fed’s Next Move
00:12:00 What to Expect From CPI & PPI
00:13:33 Record Diesel Prices Hit the Economy
00:15:20 Inflation Debate Ahead of the Fed Meeting
00:17:05 Should the Fed Rethink Its 2% Inflation Target?
00:19:01 Market Update: Canada Tariffs & Oil
00:20:55 Apple’s Foldable iPhone Is Almost Here
00:22:04 How Apple’s Foldable Phone Took Shape
00:24:14 The Technology Behind a Foldable iPhone
00:26:36 Why Apple Waited to Enter the Foldable Market
00:28:33 Can a $2,000 Foldable iPhone Become a Hit?
00:30:13 Foldable iPhone Tradeoffs: Camera & Battery
00:31:07 What Else Apple Will Unveil
00:34:14 U.S.-Iran Tanker Strikes Escalate
00:35:17 What Happened to the Iran Nuclear Mission?
00:38:00 Can Diplomacy Still Resolve Iran’s Nuclear Program?
00:41:38 Strait of Hormuz & the Cost of the Iran War
00:43:30 Stock Movers: Qualcomm & Amazon AI Chips
00:45:05 Cyberattacks Hit Medical Device Companies
00:46:20 Constellation Brands & Changing Drinking Habits
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