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Transcripts For DW Business 20190731 03:02:00

I phone sales continue to slide apple reports sales of its smartphone fell 12 percent in the recent quarter but says its Services Revenue is making up for it. Also on the show chinese tech giant huawei points to strong sales in the 1st half year despite being blacklisted by washington is that the full picture of its business. And a beer Bottle Bottleneck is leaving belgian brewers high and dry well give you the details. This is your Business Report from Stephen Beers in berlin thanks for watching we start the show with a mixed bag of Apple Earnings results the i phone maker saw its profits slide 13 percent to 10000000000. 00 in the last quarter but it appears that the companys attempts to grow its Services Business are Bearing Fruit Services Revenue grew to a new record of close to 12000000000. 00 the figures feat analyst expectations. And for more on this lets check in now with our financial correspondent in new york jose luis de haro it was a nice as always to see you so whats the Ma

Detailed text transcripts for TV channel - DW - 20190731:03:04:00

and nor the one said that will come next fall worth a note into sales in china fell over 4 percent in the most recent quarter you know there s been criticism that apple is too dependent on i phone sales is there truth to that criticism. business model is a still dependent on the i phone accounts for 48 percent of its a revenues and will continue to go to do so are there for a while but it s a service isn t wearable business is trying to reduce dad op always preparing to launch a new services including subscription offerings for games and beyond demanded to directly compete with netflix or hulu it s also set to debut its credit car in august and services revenue grew over 12 percent in the lives this quarter why wearables sales were up around 48 percent it will still take quite some time to catch up to the i phone revenues but those 2 could take combined already made up

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