Apple Debuts $2,000 Foldable iPhone
Summary
Apple’s new CEO John Ternus unveiled the $2,000 foldable iPhone Duo, while the criminal trial against Huawei for trade secret theft began in New York. The episode also covers states rolling back data center tax breaks, rising bond yields, and oil prices exceeding $100. Additionally, it discusses Steve Witkoff’s financial disclosures, Ilhan Omar’s cleared ethics charges, and the growing difficulty of returning online purchases.
Topics discussed
Intro: Apple foldable iPhone and Huawei trial
Apple debuts first foldable iPhone Duo
New CEO John Ternus and device features
iPhone price hikes and foldable market outlook
Huawei criminal trial kicks off in NYC
Breakdown of trade secret theft allegations
Specific evidence and Iran sanctions violations
Geopolitical timing with Xi-Trump meeting
Bond yields rise on Treasury buyback news
Stocks fall and oil prices hit $101
Context on oil prices and upcoming segment
States rolling back data center tax breaks
Interview: Why politicians are pausing exemptions
Ohio's $1.5B exemption miscalculation
Other states and industry reactions
Steve Witkoff's $100M crypto income
Ilhan Omar cleared of wealth disclosure issues
Details on OCC recommendation for Omar
Why online returns are getting harder
Retailer fees and refund policies
Outro and production credits
Listen ad-free on Castria