World Business Report

Apple is world's first $3tn company


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As Apple briefly becomes the world's first $3tn company we ask what is behind its success. Dan Ives is senior equity analyst at Wedbush Securities, and tells us what the iPhone maker's chief executive Tim Cook has got right since taking over from Steve Jobs in 2011. Also in the programme, electric car maker Tesla has come under fire for opening a showroom in China's Xinjiang province, weeks after President Biden signed into law a bill banning goods made in the region from being imported into the US. We find out more about the move from Isaac Stone Fish, chief executive at Strategy Risks. Whilst US stock markets have been rising sharply in recent years, London's FTSE100 is just two per cent higher than it was five years ago, and the BBC's business editor, Simon Jack, reports on why the UK index seems to be under performing. Plus, our regular workplace commentator, Pilita Clarke, ponders the challenges for bosses caused by hybrid working, where people work a mixture of days in the office and from home.
Today's edition is presented by Fergus Nicoll, and produced by Nisha Patel and Russell Newlove.
(Picture: An Apple store. Picture credit: Getty Images.)
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World Business ReportBy BBC World Service

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