given that a mixed bag for netflix. subscriber numbers are off after falling for months. but that is not enough to excite investors. will have the latest. apple sets up shop in the indian financial capital as it looks to expand its reach in the world's second—biggest smartphone market. welcome to asia business report with mariko oi. a fuzzy picture for netflix. the streaming giant said it added 1.7 5 million subscribers in the first three months of this year. that

should have been a positive but wall street was actually expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent some hussein has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again for subscribers, thatis show again for subscribers, that is good, but it's actually much less than what investors were expecting. netflix had come up with a plan to try and crackdown on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up

for lost subscribers last year, and netflix had created an and funded streaming service which was cheaper but subscribers would need to sit through adverts. the company thought left its rows in 2022, it seems this earning report doesn't seem like it has. 25 years after it started selling products in india. apple has finally launched the company's finally launched the compa ny�*s first finally launched the company's first physical retail store in the country. the boss tim cook inaugurated the store in mumbai amid much fanfare and a second store will be launched in new delhi on thursday. but why is apple opening stores now and why are they a big deal? the bbc�*s india correspondent explains. apple says, hello mumbai. amidst loud cheering, selfies and big crowds of fans

and loyalists. apple's india story is 25 years old, selling iphones, ipads, mac books to thousands of its licensed premium resellers. but why is the store launch such a big deal? it signals a pivot on how apple views india. now a strategic market for the tech giant. because of a growing customer base and a boost from local manufacturing. apple has always been an aspirational brand but out of the reach for most indians. even now, iphones make upjust 4% most indians. even now, iphones make up just 4% of the overall smartphone sales but comparing it to 1% in 2019 shows the massive growth. it's most popular smartphone in the premium category. all this time in india, premium category. all this time in india. we _ premium category. all this time in india, we have _ premium category. all this time in india, we have only— premium category. all this time in india, we have only been - premium category. all this time in india, we have only been to l in india, we have only been to retail stores, never in india, we have only been to retailstores, neveran in india, we have only been to retail stores, never an apple store, but better late than never. ~ , ., ., ., store, but better late than never. ~ ., ., ~ ,, never. whenever you go to apple oran never. whenever you go to apple or any resell _ never. whenever you go to apple or any resell store, they - never. whenever you go to apple or any resell store, they don't - or any resell store, they don't provide — or any resell store, they don't provide a _ or any resell store, they don't provide a lot of products on the go _ provide a lot of products on the go. you can look at every colour, — the go. you can look at every

colour, which i've never seen. i've _ colour, which i've never seen. i've just — colour, which i've never seen. i've just seen in the pictures, like _ i've just seen in the pictures, like paint— i've just seen in the pictures, like paint colours, ipad. this is all you _ like paint colours, ipad. this is all you get _ like paint colours, ipad. this is all you get to _ like paint colours, ipad. this is all you get to see - like paint colours, ipad. ti 3 is all you get to see here. apple's retail push has been aggressive in the world's second smartphone markets. discounts, financing schemes and launching new phones in india simultaneously as the world. �* , , india simultaneously as the world. �* ,, , india simultaneously as the world. , ., ., , world. apple is going to play the game — world. apple is going to play the game of _ world. apple is going to play the game of waiting - world. apple is going to play the game of waiting for- world. apple is going to play the game of waiting for the i the game of waiting for the economy to grow and purchasing power to grow and therefore more customers can afford the products. more customers can afford the roducts. �* ., , ., , products. but india is not 'ust a market fl products. but india is not 'ust a market to i products. but india is not 'ust a market to sell i products. but india is notjust a market to sell products, - products. but india is notjust| a market to sell products, but make them as well. fitting well in apple's strategy to diversify assembly operations beyond china. it has been making phones since 2017 and today, it's making phones since 2017 and today, its subsidiaries which employ some 60,000 workers locally produced almost 7% of the world's iphones in india. apple exported a record $5 billion worth of iphones from india last year. production estimates provided by apple suppliers suggest the company

could shift 12— 18% of its total iphone assembly operations to india over the next few years. add to the production list airports, ipods, ipads... iiii ipods, ipads. .. if india becomes _ ipods, ipads... if india becomes a _ ipods, ipads... if india becomes a much - ipods, ipads... if indial becomes a much bigger market, it will be making much more sense to apple to produce in india what is feasible there and it's in the process of doing so, a certain amount of these things happen from china. that would be a bonus. it’s that would be a bonus. it's complete _ that would be a bonus. it's complete success - that would be a bonus. it's complete success will depend on how much can its source components locally which will help reduce product costs as well. . these apple stores in india, the time when the company moves to diversify its source of revenue for its range of what it's like smartphones, laptops and personal computers. and according to brian mark from the market intelligence firm idc, expanding in india is the right move because the company has a sizeable share of the premium market. . this is a

market that is already the second—biggest smartphone market in the world. second-biggest smartphone market in the world.- market in the world. even if a- le's market in the world. even if apple's market _ market in the world. even if apple's market share - market in the world. even if apple's market share is - market in the world. even if. apple's market share is pretty small, low single digit percentages from a total market perspective, if you look at the premium part of the market, say, $500, $600 and upwards, that actually got about two—thirds of that market in india so there is that interest and it's a market that is expected to continue to grow, despite all the headwinds that we've seen in the global market. we've seen in the global market-— we've seen in the global market. ~ ., , market. with your latest report showin: market. with your latest report showing that — market. with your latest report showing that falling _ market. with your latest report showing that falling demand i market. with your latest report| showing that falling demand for pcs, do you think apple will even push harder in terms of promoting its iphones? is that where they are making a lot more money now?— where they are making a lot more money now? yes, they already do. _ more money now? yes, they already do, the _ more money now? yes, they already do, the bulk- more money now? yes, they already do, the bulk of - more money now? yes, they already do, the bulk of their| already do, the bulk of their business has come from iphones rather than macs, macs is a smaller part of it. but we are seeing signs of optimism coming back. even though they fell pretty hard, that was partially because of an abnormally high

comparison base. comparing it to a year prior when they had just launched apple silicon, there are new m1 chips. so there are new m1 chips. so there is an abnormally high comparison base there now. they are clearing out inventory, in the january, fabry timeframe but by the end of march, we started to see signs of optimism where we think apple should be able to get back up on its feet going into the next quarter as far as their notebooks go. to your question, iphones of course still are the bulk of their business, and in markets like india, there is quite a bit more momentum in smartphones rather than notebooks and there will be an obvious push in that space as well. �* , . obvious push in that space as well. �* ,, ~., obvious push in that space as well. �* ,, ., well. bryan ma speaking to me earlier. well. bryan ma speaking to me earlier- - _ well. bryan ma speaking to me earlier. . european— well. bryan ma speaking to me earlier. . european countries. earlier. . european countries have reached a provisional agreement to boost competitiveness in semiconductors with the us and asia. sweden currently leads the european council. the

european chips act will involve billions of dollars in the development of advanced semiconductors. the chips are used in a ride range of technological products from cars and phones to supercomputers and a spacecraft. united airlines has reported a loss for the first three months of this year but says with summer travel around the corner, things are looking up the corner, things are looking up for the rest of the year. let's bring in our business reporter katie silver who has been monitoring the story. katie, the travel industry recovered very strongly after the reopening from the pandemic stop on the first quarter, not looking so great.— stop on the first quarter, not looking so great. that's right and it's because _ looking so great. that's right and it's because costs - and it's because costs are definitely weighing on the profit margin. they do say for example that come april, going forward, they are expecting demand to pick up. that is despite the cost of living crisis, despite moves by the fed to increase interest rates to try and reduce spending. and despite fears of economic slowdown. they are still predicting a good three

quarters of the year and as a result we saw for example she has peaked in after—hours trading, up about 1.5% but quarter of the year, not so shiny. we heard for example, they lost in the order of about $200 million in the first three months of this year, and that may sound like a lot but it is a reduction of what we saw at the same time last year which was $1.1; billion. part of the reason we are seeing this loss is the first of all, the high cost ofjet is the first of all, the high cost of jet fuel. is the first of all, the high cost ofjet fuel. the economic crisis that has been driven by the war in ukraine, causing energy costs to soar. that is impacting airlines in the second cost as well that they are having to deal with is higher labour costs when the pandemic hit and airlines were forced to be many staff were let go and that is also increased the costs going forward. they do say that the rest of the year is looking better so we will have to see how things speak, particularly come us summer.— how things speak, particularly come us summer. katie, thank ou come us summer. katie, thank you so much — come us summer. katie, thank you so much for— come us summer. katie, thank you so much for that _ come us summer. katie, thank you so much for that analysis. | you so much for that analysis. . some other business use before we go and the south

korean car company kia has issued a plea to trade unions to drop a formal policy that favours hiring the children of longtime employees. the appeal follows pressure from the south korean government on large companies to stop handing jobs to relatives of existing employees. almost 60 companies have already been prevented from continuing the practice but kia's agreement with unions requires the company to hire the children of retired employees or those who work for more than 25 years. . and the shanghai auto show is under way and this year, ev makers are vying for a bigger share of the chinese market. many carmakers have slashed prices to compete in the most prominent is tesla, which cut ices injanuary to spur demand. according to data from the china passenger car association, the market for evs could be expanding. sales of new energy vehicles rising by more than 21.9% in march and

accounted for over a third of sales last month. that is it for this addition of asia business report, thank you so much for watching. ian ward has turned his living room into a slot car race track. �* ., ., ' :: room into a slot car race track. �* ., ., ':: , track. i've got over 105 cars now, vaulting _ track. i've got over 105 cars now, vaulting box - track. i've got over 105 cars now, vaulting box sets - track. i've got over 105 cars - now, vaulting box sets upstairs in my bedroom and probably another 20 sets. it takes my mind off things, it's brilliant.— mind off things, it's brilliant. , . ., , brilliant. he rediscovered his childhood — brilliant. he rediscovered his childhood hobby _ brilliant. he rediscovered his childhood hobby a _ brilliant. he rediscovered his childhood hobby a year - brilliant. he rediscovered his childhood hobby a year ago | brilliant. he rediscovered his i childhood hobby a year ago and says it's really helped with his autism and mental health.

the scalextric gives me an opportunity to be flexible. if i get bored of it, i can take it down and put a completely different truck up. my brain accepts that because it is something completely different. ian has also taken as track out on the road, boasting monthly meats in this local community centre. �* , meats in this local community centre. �*, . ., meats in this local community centre. ., ., , centre. it's a great group, this is- — centre. it's a great group, this is. bringing _ centre. it's a great group, this is. bringing together| this is. bringing together like—minded people, we like racing cars and it's like—minded people, we like racing cars and its two hours on a sunday evening. mr; racing cars and it's two hours on a sunday evening. my first time down — on a sunday evening. my first time down tonight. _ on a sunday evening. my first time down tonight. this - on a sunday evening. my first time down tonight. this is - on a sunday evening. my first time down tonight. this is a l time down tonight. this is a bil time down tonight. this is a big club_ time down tonight. this is a big club start, with a small things _ big club start, with a small things. built into a big club. i things. built into a big club. i wish — things. built into a big club. i wish in _ things. built into a big club. i wish in the best of luck. the most talked about abuse story on our website today, the saga of the pink door lady is miranda dixon has become known, gained international attention after our colleagues at bbc scott and first picked up a story back in october and that

is when miranda dixon as you can see here first got an enforcement notice from edinburgh city council, telling her to repaint her front door which, as you can see, is this rather vibrant pink colour. today, orjust in the past couple of days, she has in fact finally complied with that notice. afterfailing finally complied with that notice. after failing to fight it. she's painted it this sage green colour. still quite vibrant, you might notice, because miranda dixon is claimed there are other doors on the street there and this historic part of edinburgh which is a world heritage site that also just as vibrant. she sent the bbc this picture of other doors in her neighbourhood, bright yellow, bright yet read, bright blue. all of this stems from the issue of conservation and in fact, the edinburgh city council provided these guidelines on line which show homeowners what colours to paint their doors to keep everything in the traditional style. you may notice, as

miranda pointed out, there is a pink door there on the website. however the edinburgh city council claims this is a much more muted colour than the colour miranda ended up painting herfront door colour miranda ended up painting her front door and theyissued painting her front door and they issued this statement saying the colour of miranda's door is not in keeping with the historic character and appearance of this listed building in the town, part of our world heritage site but something that pink door is in keeping with is miranda's style. you can see here the inside of her house is festooned with paint. you got pink curtains, pink bathtubs, she's got pink hair. and just check out this amazing pink carpet, hot pink carpet inside her townhouse. carpet, hot pink carpet inside hertownhouse. however, carpet, hot pink carpet inside her townhouse. however, she has been forced to comply with the regulations for now butjudging ijy regulations for now butjudging by the international attention this story is getting, this may not be the last to hear of pink door lady.

hello, i'm paul scott, from the bbc sport centre. coming up on this programme: the real deal: holders real madrid reach the champions league semi—finals at the expense of chelsea. manchester city are given some welcome news ahead of their second leg against bayern munich on wednesday. and buffalo bills player damar hamlin has been

cleared to return to play in the nfl, four months after suffering a cardiac arrest on the field.