Viewsroom: A $3 trln Apple, Theranos boss busted
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 6 January 2022
⏱️ 17 minutes
🧾️ Download transcript
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| 0:00.0 | The views expressed on this podcast are those of the participants, not of Roiders News. |
| 0:07.4 | Apple hits a $3 trillion mark, and it looks like Theronaut's founder Elizabeth Holmes is going to jail. |
| 0:13.2 | Tune in as our columnist discuss this week's top business stories. |
| 0:20.1 | Welcome to the views from. I'm Rob Cox. The editor of Breaking Views, the financial commentary arm of Reuters News, come to you from Manhattan. |
| 0:25.6 | For this week's edition, I talked to two of our columnists in the United States about the world's most valuable company and one of Silicon Valley's biggest frauds. |
| 0:33.6 | First, Richard Beals talks about Apple's extraordinary milestone reached this week. |
| 0:40.9 | The company run by Tim Cook saw its market value hit $3 trillion. |
| 0:47.6 | No public enterprise has ever been as big as the iPhone maker, which now accounts for 7% of the S&P 500 index. |
| 0:55.7 | Google owner alphabet tips the scales at less than $2 trillion, as do oil BEM and Saudi Aramco and e-commerce pacetzer Amazon.com. |
| 0:59.9 | Richard explains how Apple may just get to $4 trillion before we know it. |
| 1:05.4 | After that, Gina Chong chats about how defunct blood testing startup Theranos has become a cautionary legal tale. |
| 1:07.6 | A federal U.S. jury on Monday convicted founder Elizabeth Holmes of defrauding investors. |
| 1:12.3 | If that verdict stands a possibility of years in prison sends a very strong message that even in |
| 1:17.0 | Silicon Valley, there's a limit to how flagrantly you can fake it until you make it. Give a listen. |
| 1:22.6 | Happy New Year Richard Beals. First of all, wrote a bunch of stories this week already, this year, I should say. |
| 1:29.8 | But one of the ones that caught everyone's eye was this view about the Apple reaching a $3 trillion market capitalization, which is extraordinary on a whole bunch of levels. |
| 1:42.4 | But maybe just sort of walk us through that why to you this is |
| 1:45.9 | so significant. |
| 1:47.1 | Yeah, happy new year, Rob. |
| 1:48.2 | Happy New Year, Tim Cook and Apple, hitting that milestone only briefly so far, but, |
| 1:54.1 | you know, if the markets keep going up, it seems likely it'll continue. |
| 1:57.4 | Now, of course, these numbers are just numbers. |
... |
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