Apple Was Caught Off Guard by AirPods Pro 3 Popularity

AirPods Pro 3 demand was so strong after they launched in September last year that Apple's CEO Tim Cook said the company was caught off guard. "AirPods Pro 3 were supply-constrained during the quarter, and we think we would have grown year over year if we would not have been constrained," Cook told ...

Nancy Seltzer Dies: Veteran Hollywood Publicist Was 79

Nancy Seltzer Dies: Veteran Hollywood Publicist Was 79

Nancy Seltzer, an influential Hollywood publicist and founder of Nancy Seltzer & Associates, died on Jan. 28 in Los Angeles after a brief hospital stay. She was 79. Seltzer started her career in her hometown, New York, before moving out to Los Angeles full time. For the past four and a half decades,...

RBC's Narayan: Mathematically, Tesla Not An Auto Company

RBC's Narayan: Mathematically, Tesla Not An Auto Company

RBC Capital Markets Global Autos Lead Equity Analyst Tom Narayan joins Bloomberg Businessweek Daily to discuss Tesla's latest earnings results, including plans to retire the Model S and Model X. Narayan says that Tesla's time as an automaker is "in the past," adding that based on valuation versus ne...

RO CEO on The Rise of GLP-1 Drugs

Zach Reitano, CEO of RO, says demand for the company’s pill has far exceeded expectations. He tells Romaine Bostick and Katie Greifeld on “The Close” that the oral medication is more approachable and affordable, noting the price has dropped from about $1,300 eight months ago to a starting pric...

Apple Responds to Fast-Rising RAM and Storage Chip Prices

On an earnings call today, Apple CEO Tim Cook responded to fast-rising RAM and SSD storage prices. Cook said that rising memory chip prices had a "minimal impact" on Apple's gross margin in the fourth quarter of the 2025 calendar year, but he does expect a "bit more of an impact" on the company's gr...