demand for i phones dropped out of revenue along with it but not everyone at headquarters seems to think this is bad news. also on the show a remote bulgarian village is attracting throngs of chinese tourists are looking for nothing less than the secret to eternal life. and a butcher in germany goes whole hog to stay in business as customers and his tiny village when. welcome to your business update i'm joined in in berlin thanks for joining us out fall has announced that demand for the i phones continued to slow over the holiday season the result a fifteen percent drop in revenue over the previous year apple blamed a weakening demand in china its second largest market after the west and blowback from the trade tensions between beijing and washington the american tech giant is

also facing stiffer competition in china from holden brands like wall way and shell me however it wasn't all doom and gloom and cupertino services sector saw a market improvement last quarter. so what's going to be out strategy from here our correspondent in frankfurt christian brits went in search for answers demand for apple's i phone has dropped so is the company is still on the right track with me here in the frankfurt trading floor is feed a digital strategist to talk strategy when and minus fifteen percent revenue is the apple i phone just too expensive now. it definitely is too expensive they have to sort out how much consumers are willing to pay for a smartphone i think they have reached the limit there differently. so how can apple adapt what can it do to make more money well the biggest thing for. the

beginning is to extend to expand their digital services. movies software services which is extremely high margin and they have not even entered markets like movies and t.v. productions yet and we see with amazon prime and netflix that this is a highly profitable way and on the other hand some price adaptions for the next upcoming i phone models should be should have a positive effect as well so diversification but still around sixty percent of its money the company still makes with hardware as to can you really get that shift done quickly enough well there are other options like gaming consoles we've had rumors about acquisitions there as well so high priced gaming consoles in combination with software services is something that apple can definitely provide in a premium quality so this could be an expansion and the other services definitely will take time to cover all that you know missing revenue but they will find

a way to transform themselves one market that's been very weak for apple is china is that strategy also going to win back chinese customers and can it maybe push out the competition well cha it china is a very very important highly competitive market an i phone it's a kind of fetish device it's high priced everybody who owns an i phone is considered to be a very successful person but in an economical situation and with exchange rates being not so positive from consumers they just might be too high price wise to consume us dept ing and other stuff so price policy plus exchange rates will be very important to watch in the next quarter. you heard it from digital strategist at shell and partner thank you moving away now from the

frankfurt trading floor and turning towards wall street where our financial correspondent yens carter has more on apple yes welcome now apple shares at nearly five percent up despite slowing demand for the i phone what's going on there yeah that survey actually really is standing by the end of the day apple was the biggest winner in the dow jones industrial it was a gain of almost seven percent well maybe one reason is that some of the mixed results were already priced in the stock had lost their own thirty percent since the last earnings reports from early november we also had a revenue warning earlier this year but the report was certainly not picture perfect pull also lowered the revenue guidance for the current quarter but the wall street obviously had expected worse and it's not just been the earnings season that kept investors' minds occupied how has the fed decision to keep rates steady been

received there where you are. but that had a huge impact by the end of the day traded up by more than four hundred points and reserve prost the twenty five thousand point mark once again and some of it was due to the first meeting of the federal reserve in trainee nineteen especially the wording of made the big difference that the federal reserve did not increase interest rates was no surprise that all but they did eliminate the forward guidance of some further gradual hikes so that is not in the wording anymore and it got replaced by the new buzzword patience so it does not sound like the federal reserve is going to increase interest rates anytime soon at the same time fed chairman powell was quite optimistic that the us economy overall is on the right trick he ends carter there on wall street for us thank you younes for your analysis. the

economic slowdown in china has struck e-commerce leader alibaba its net profit increased thirty seven percent and the latest quarter that's the slowest expansion and more than two years a far cry from the fifty to sixty percent growth it's used to gains in cloud computing and other businesses managed to offset hits to its core business online retail as a result were closely observed for signs of the u.s. china trades taking its toll on the chinese consumer goods sector. now the search for eternal life can lead you to unexpected places like the bulgarian village of munch a lot see it's home to what's become a very popular product and a tourist attraction in its own right if you've never heard of lactobacillus bulgaria well it's next or part they just change your life. monta love to see lies in the middle of the bulgarian rideau p.

mountain range near the greek border. recently signs in chinese appeared more and more chinese are traveling to this bulgarian mountain and they're all interested in just one thing the now famous lactobacillus bulgaria your great culture but why. the. story and sugar of has been living in mom to love to see for ninety four years now he's famous television teams from bulgaria china and brazil have already interviewed him they all want to know why he's lived so long. they were doing so well here because we eat a lot of young good because of i have here without cows milk sheep's milk or goats milk i just need the milk and the yogurt made from it to exist that's why i've lived so long.

and that's exactly what the chinese want that's why the states run bright dairies t.v. ads talks about the life prolonging effect of mom to love to see young get. into shouldn't meet this is cool news she's here. in mom to love to see we meet the dairy farmer a tanous of he still remembers the first delegation from china eight years ago they took a very close look at how he produces milk and yogurt and asked about the secret of bulgarian york it. was very simple on the one hand the animals feed on the mountain meadows and on the other hand we have a very special breed of cowards which give less milk that much better quality their milk is fatter than. and chinese yogurt fans have been coming to the bulgarian rideau p. mountain range since then. kind of following the path of

a long life they know from t.v. commercials. there's even a big young get a festival every year with almost five thousand visitors from china they're here to find the secret to a long life. now for centuries sausages have been a staple of german cuisine but eating habits are changing especially the classic small town but your shop is becoming a rare model across the country but in one small german town that's forcing the local butcher to get creative. at this hotel in southern germany the owner hopes his guests will soon be snug as sausages in their beds with visions of cured meats dancing in their heads the butcher themed hotel is the brainchild of butcher close berber. he's banking on the popularity of the word verst the german word for sausage for his hotel success what else is vorst is for me the most well known term

in the german language abroad because i can see vorst in the united states or an english speaking countries but also for customers from asia is for them a word you don't need to translate to. burgle hopes his seven hundred thousand euro investment will help keep his tiny butcher shop in this village alive . butchers are once a fixture of small town life but in germany they're struggling. competition from disk own food chains is taking a bite out of the profits and germans are increasingly turning away from meat meat consumption is down by nine percent since one thousand nine hundred but barbershop still has its hands. away she said let's see i find it good that small companies manage to do well especially since in my opinion they sell better quality products which taste better. over a thousand butcher shops closed in germany last year. hopes his sausage hotel while

his shop stay a cut above the rest. and that's your business update thank you for watching.

fake hair and real story. where i come from a lot of women like me have fake hair sometimes the hair style takes up to today it's a lot of time that needs to be filled so people at the salon talk about what's happening in their lives. i became a journalist to be a storyteller and i always want to find. those real authentic stories from everyday people who have something to share. with all of us i must find at the salon. quality hair when i see it's a good story when i hear it. my name is elizabeth and i work at steve's our. summer break one hundred years of college and joined our photo competition show us a list of mint impacts your world for

a chance to win one of three life cameras follow us on instagram tag and post your pics using hashtags powerhouse one hundred so get snapping. find all terms and conditions at the w documentary on instagram. cut. from syria and iraq to lebanon and yemen iran is actively involved in various conflicts around the middle east weakening its adversaries and positioning itself as the new regional power.