tv Business Deutsche Welle March 26, 2019 2:02am-2:16am CET
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tak needs hollywood star studded event no less than the likes of oprah steven spielberg and jennifer aniston came to launch the company's new video streaming service but will it be a game changer that the i phone was. also on the show frustrated commuters are getting stuck into our traffic jams to get to work in ghana trains could save them but getting investors on board is its own challenge. and some signs it could be back to business between the two koreas after some north korean stuff returned to the liaison office of their joint economic so.
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welcome to your business i'm in berlin thanks for joining us. flashy product launch was heavy on celebrity but noticeably white on clever new gadgets how to because the i phone maker is steering towards a glittering you strategy and it's all about services. it's show time for apple's latest venture we partner with the most board cool accomplished in award winning group creative visionaries who have come together in one place to create a new service unlike anything that's been done before. apple t.v. not. apple's first big showpiece event that didn't occur inside with the launch of a new physical piece of tech is part of a shift to give more prominence to its services and it made the most of it announcing a new news subscription service plus. immersive ai daming
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platform player and he claims to have reinvented the credit card. this one's made of titanium. falling sales for some of its tech products including i phones about what's behind this strategy with such big names already agreeing to make programs for apple t.v. plus tim cook will be hoping its products can reach an even bigger audience. younes quarter joins us now from wall street to break this down for us again it's good to see you now apple shifting to services to shore up flagging product sales but how much would you rate that as a strategy. well it is an important strategy for full and an hour a judge a dual worlds and live. services to
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a certain degree become more important than hardware but having that said in the last year actually services that apple already were the fastest growing sector was a revenue growth of thirty three percent but overall that amounts to fifteen percent of total revenue of cold so it's far too early to send services will even come close to the success. of the i phone they are now especially streaming services there that's a pretty crowded field already how do you think it would compete against amazon and appliques. it certainly is not easy and you mention to amazon and flicks about their old saw heating with the likes of walt disney and with the new news service also with facebook and what we shouldn't forget is if we talk about content for example that bill is planning to produce as well it's difficult to
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plan success and content is also expensive and that has been the big upside from the i phone they had two huge margins and that was the main reason why apple had stellar earnings in the past couple of years and why the company for the first title was the first company ever to reach their market capitalization of one trillion dollars so it certainly won't be easy for apple and if i look at their reaction here on wall street's traders were quite hesitant after the announcement the stock lost a good one point two percent on monday and was that was the biggest loser in the dollar jones industrial average while show skeptical investors out there are from apple's new a push into new media as quarter reporting there from wall street for us thank you very much. gano wants to unclog its throat and get commuters catching traits it could prove to be
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a major driver of productivity and growth but resurrecting the nation's tiny rail network and expanding it will mean massive investments. reports from across. traffic in ghana's major cities is a daily frustration for drivers and passengers commuters say they can get trapped in gridlock for hours i mean that. there's no. seem to have. instead of a you always move into yes. you can see that some of the drivers get tired and often cars will collide in traffic. i think if the government can put in place an alternative transport system it would help. the alternative would be a well functioning widespread train network but there are many challenges facing the rail sector. the infrastructure of bays for the development of the rule we
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stick to in ghana is non-existing in most parts of the country in areas where you will find your lines day in bad shape and threatened by human activities if you are now undergoing repair way. managers in charge of the country's existing railway infrastructure admit that the system has been poorly managed in the past. it's going to have a very rudimentary. level of real infrastructure. all that we have and which is incorporated in phase one is that which was bequeath to us after the the exit of the administration all of my hundred forty seven kilometers of it that's it . but even with that due to lack of maintenance due to lack of investment from governments successive governments the infrastructure degrade. degraded degraded until it came to you know start from halt. only two train networks are active one
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in western gonna and the other in the capital but passenger numbers are low the current plan calls for the addition of four thousand kilometers to the country's network at a cost of more than twenty one billion dollars the hope is for backing from europe and asia city planners say the investment is essential. yet the course is a man avoidable. particularly the i rebuild and. the cost is going to be huge but when it is stretched over a. long period you see that is economic or. the government hopes to put in place in effect of train network in the next ten years with more than ten trains operational within the city centers once funding is secured. all commuters can do is hope the new infrastructure comes sooner rather than later. now to some of the other business stories making news
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around the world fire and johnson and johnson have agreed to jointly pay seven hundred seventy five million dollars to settle thousands of lawsuits in the u.s. plaintiffs who of them over blood thinners are also saying it caused the side effects like enough of bleeding for the two pharma companies stress their not accepting liability. plain market maker airbus is selling three hundred jobs to chinese airlines in a deal failed during chinese president xi jinping that visit to france officials say the contract is worth almost thirty billion euros narrow body a three twenty plane to make up the bulk of the order but it also includes a ten wide body jet. the u.s. transportation department says it's forming an outside panel to review the. aviation administration aircraft certification program that's following two fatal
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boeing seven three seven x. crashes boeing is working on software and training updates for the airliner the failure of a new automatic control system is suspected in the crashes. south africa's most valuable public company naspers plans to list its online assets on the euro next stock market in amsterdam it would be one of the largest internet listings on the exchange the media group began as a newspaper publisher a century ago. now north korea appears to have begun a u. turn on a decision to pull out of an inter korean liaison office seoul says some north korean officials have returned to that office in the border city of k song now it's too early to tell if a conflagration is back on track but engagement between the two koreas has stumbled after the failed trunk kim summit last month so the unification ministry which deals with into korean affairs said four to five north koreans showed up for work
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at the office in case song. on there comes out there or could they stop members of the north stated that we came to our ships as usual today the south and the north held a consultation with the liaison office this morning and will continue to operate the office as usual are all going to last summer was over when you are using neither. the news the north koreans were back in case on was puzzling the officials quit their deaths suddenly on friday they left just hours after washington imposed the first new sanctions on the north since the second u.s. north korea summit broke down last month the casing off was reopened last september as part of a reconciliation deal between north korean leader kim jong un and south korea's president moon j.n. since those historic talks north korea's been sending around ten workers a day to the case on office. lately relations between the two koreas have been getting increasingly tense and there are fears of setbacks pyongyang threatened to pull out of nuclear negotiations with the u.s.
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after the collapse of a nuclear summit in hanoi between kim and u.s. president donald trump both sides blame each other for the failure of their second somers. and that's it for me and the g w business team you can find a lot more news and features on our website the w dot com slash business thank you so much for watching.
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