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Slate Money

The Bad Pharma Edition

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 30 March 2019

⏱️ 37 minutes

🧾️ Download transcript

Summary

On this week’s episode, Emily Peck, Felix Salmon and Anna Szymanski discuss Apple’s list of new services, the Purdue Pharma settlement and Lyft going public. In the Slate Plus segment: Where have all the suits gone? Email: slatemoney@slate.comTwitter: @felixsalmon, @Three_Guineas,@EmilyRPeck Podcast production by Jessamine Molli. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the Bad Farmer edition of Slate Money, your guide to the business and finance

0:18.9

news of the week. I'm Felix Salmon of Axios and I'm joined as ever this week by Anna Schmanski

0:25.5

Hello and by Emily Peck of the Huffington Post and the big news this week

0:32.1

There's been a lot of news in business and finance

0:34.4

news this week, the big news this week is that I think possibly for the first time

0:39.1

ever, Emily and Anna are actually on the same page for most of this podcast. We are going to be talking about

0:47.3

Apples move into services. We are going to be talking about

0:52.4

Purdue Pharma and the Sackler family. We are going to be

0:56.0

talking about the LIF IPO and somehow it seems that like the world's great contrarian was Anna Schmanski like even she can't bring herself to

1:06.8

Defend the Sackler's oh good God no

1:09.7

Or even to try and work out like why people are buying into this lift IPO at

1:14.2

$90 a share or whatever it's trading at so all of that coming up on slate money.

1:19.6

So let's talk about Apple which has been releasing all manner of amazing things over the past few weeks.

1:26.4

They released a new set of air pods which charge wirelessly and have longer battery life. They released a new iMac which is super

1:35.6

swanky and fast and they released a whole suite of new

1:43.4

i-Pahads and they had a huge event in Cupertino in their amazing new Steve Jobs theatre

1:47.3

which announced absolutely none of those

1:50.7

because they are no longer a gadget's company.

1:54.5

They're now, they are now shifting to services.

1:58.2

Shifting to services.

1:58.6

Pivot.

1:59.6

They care much more about services.

...

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