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Transcripts For BBCNEWS Asia Business Report 20240706

reporting that it added million subscribers in the first three months of this year. that sounds like good news, doesn t it? last year the company lost subscribers the final six months. but, wall street was expecting it to have added 3 million subscribers. last year netflix reported not one, but two quarters where it lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show a gain in subscribers. that is good. but, it is actually much less then what investors were expecting. netflix have come up with a plan to try and crack down on password sharing. it was meant to roll out in this first quarter, but the company decided to hold back until the second quarter of the year. and to try to make up for lost subscribers last year, netflix created an ad funded streaming service which was cheaper, but subscribers would need to sit through adverts. if the company thought it left its woes in 2022, it seems that this earnin

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Transcripts for BBCNEWS Asia Business Report 20240604 23:32:00

Service which was cheaper, but subscribers would need to sit through adverts. if the company thought it left its woes in 2022, it seems that this earnings report does not seem like it has. samir hussein there. 25 years after it started selling products in india apple has finally launched its first physical retail store in the country. the boss tim cook inaugurated the store and financial capital moved a much fanfare. a second store will also be launched a second store will also be launched in new delhi on thursday. but why is apple opening stores now and why are they a big deal? our business correspondent explains. apple says hello goodbye. mumbai. amongst huge crowds and selfies and loyalists. the apple india

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