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made it more than £150 billion in revenues. and that much profit, as well as so many customers, tends to attract the attention of government officials. and now the us department ofjustice, along with 16 different states, has filed a lawsuit against apple. has maintained monopoly power in the smartphone market not simply by staying ahead of the competition saying in a statement this lawsuit threatens who we re in the principles that set apple products apart. it is successful it would hinder our ability to create the kind of technology people expect from apple. we believe this lawsuit is wrong on the facts on the law and will vigorously defend against it. leaving apple and the us government for a lengthy argument in court over whether the tech giant is protecting its customers or making it difficult for them to leave. even very popular companies that make stuff that we care about have to compete for that loyalty that we have and that apple isn t doing that. and i think t ....
that would collapse to about 15%, and ev makers would essentially be allowed to bring in 8000 vehicles of the value of over $35,000. as you said, this is conditional upon them investing $500 million over the next three years, essentially creating a manufacturing base for evs. we will have to wait and see whether the likes of elon musk announced any plans on the back of this policy in the months ahead.- the months ahead. help us understand the months ahead. help us understand the the months ahead. help us understand the ev - the months ahead. help us understand the ev marketl the months ahead. help us. understand the ev market in india, and the challenges these companies might face.- india, and the challenges these companies might face. there are a number of companies might face. there are a number of big companies might face. there are a number of big challenges, - a number of big challenges, steve, including the fact that charging infrastructure at this point i ....
seem to be in economic obstruction. seem to be in economic obstruction. so you re not seeinu obstruction. so you re not seeing such obstruction. so you re not seeing such impact - obstruction. so you re not seeing such impact as - obstruction. so you re not l seeing such impact as we re here for them are using any impact for us in more broadly in the region? in the region? very broadly economic in the region? very broadly economic impact. - in the region? very broadly economic impact. we - in the region? very broadly i economic impact. we continue in the region? very broadly - economic impact. we continue to believe that the growth of the region excluding china and japan will be four or 3% are from four point know so an acceleration of growth in 202a. if you read the report of our economics team there is virtually no mention of the red sea as having an economic impact. certainly it has a supply chain impact in the sense that orders have to put in place early and tr ....
us investment firm elliott advisors has walked away from making a takeover bid for currys after being rejected by the retailer s board in its own words multiple times . it had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. but currys rebuffed the approaches, saying they significantly undervalued the business. currys could still receive a bid from china sjd.com, which said last month it was mulling an offerfor the firm. let s speak now to russ mould, investment director at aj bell. what is going on, one firm has walked away but there is another weighting in the wings? walked away but there is another weighting in the wings? there is but it it will focus weighting in the wings? there is but it it will focus on weighting in the wings? there is but it it will focus on what weighting in the wings? there is but it it will focus on what the weighting in the wings? there is but it it will focus on ....
developing artificial intelligence like robotic and quantum computing are important for long term growth. a senior strategist gave us his highlights. i strategist gave us his highlights. strategist gave us his highlights. strategist gave us his hiuuhlihts. ~ . highlights. i think that there are two things highlights. i think that there are two things that - highlights. i think that there are two things that really . are two things that really catch my attention. one is the government s emphasis on improving co ordination between governments, local governments and local governments and the central government. now, not many people talk about this. but i think this that this is quite important, because if this co ordination programme or plan is implemented effectively, it will go a long way to improve policy implementation in china. because very often, governments don t really talk to each other much, and that really slows down government implementations. this is very ....