i phone sales continue to slide apple reports sales of its smartphone fell 12 percent in the recent quarter but says its services revenue is making up for it. also on the show chinese tech giant huawei points to strong sales in the 1st half year despite being blacklisted by washington is that the full picture of its business. and a beer bottle bottleneck is leaving belgium breweries high and dry we'll give you the details. this is your business report from stephen beers in berlin thanks for watching we start the show with a mixed bag of apple earnings results the i phone maker saw its profits slide 13 percent to $10000000000.00 in the last quarter but it appears that the company's attempts to grow its services business are bearing fruit services revenue grew to a new record of close to $12000000000.00 the figures feat analysts expectations.

and for more on this let's check in now with our financial correspondent in new york jose luis to haro was a nice as always to see you so what's the market reaction to these results everyone's been waiting on them. when this petition is our low easy to be demonstrate been done so why upload shirred so went up up up to 4 percent off to release and it's. awful keeps suffering from a muted i phone sales actually between april and june of this year i phone sales have fell nearly 12 percent compared with last year there are several factors said to take into account here one of them is prize in the event of the company has made efforts to introduce a relatively cheaper models i phones are still consider expensive this means said that consumers are normally will not change into new models as often as they used to also. kills in a smartphone modem business attention it's already having more into 2020 new models

and nor did the one said that will come next fall worth a note into sales in china fell over 4 percent in the most recent quarter you know there's been criticism that apple is too dependent on i phone sales is there truth to that criticism. business model is a still dependent on day i phone accounts for 48 percent of pizza revenues and will continue to go to do so of for a while but it's a services unwearable business is trying to reduce dad up always preparing to launch a new services including subscription offerings for games on a b d o and demanded to directly compete with netflix or hulu it's also set to debut its credit card in august and services revenue grew over 12 percent in the lives in the latest quarter why wearables sales were around 48 percent it will still take quite some time to catch up to the i phone revenues but those 2 could take your ease

a combined already made up for over 31 percent of all people total shares in last quarter. jose luis de harlow there for us in new york thank you. and while we're on smartphones smartphone giant huawei has posted surprisingly strong sales figures from the 1st half of the year showing double digit growth and that's despite u.s. threats to cut it off from american suppliers but executives admit that sanctions and the uncertainty of the u.s. china trade talks will only bring challenges in the months ahead. in the 1st half while way sold 118000000 smartphones of more than a quarter on the previous year analysts say the growth was mostly due to the strong domestic market always market share in china reached a record 38 percent cause for confidence for the company's management moment honestly huawei has been somewhat disturbed by the us negative list fodder

but the overall impact is definitely manageable newshound that's ago when we're close and go. well way is at the center of the year long u.s. china trade conflict donald trump placed the company on a blacklist in may which restricted access to u.s. technology and to the american market. while way did not reveal what impact this band had on its bottom line. buyers' says it's now facing over $18000.00 legal cases in the u.s. over herbicide that's alleged to cause cancer that herbicide the top seller roundup was both an incentive and a risk taken on by german chemical the german chemicals firm when it bought american rival monsanto which makes the weed killer now buyer says it's unlikely to achieve this year's profit goal. has been the subject of protests around the world in recent years the heaviside life is eighty's causing by a major headache for thousands of people in the usa the effect of the chemical for

them has been even worse a wave of lawsuits has fallen on bias since its $63000000000.00 takeover of monsanto the maker of weed killer round which contains klein to sate in the 1st handful of those cases to go to court juries found in favor of those who claim the chemical gave them cancer and awarded them huge compensation payouts despite riaa saying there is no scientific evidence linking life with the disease just last week a $2000000000.00 award to a californian company was reduced by more than 95 percent by a judge she said the jury had overstepped the mark but with further compensation awards in the millions likely by a may have to brace itself financial figures published on tuesday show a 50 percent drop in profits for the 2nd quarter of this year fire is suffering as a result of trade conflicts and found floating in the u.s. even before that life is a pants again. is american wine better than french wine not surprisingly president

donald trump thinks so and hopes the connoisseurs of his country switch to domestic vintages is long teased about taxing french wine now france's agricultural minister has responded. no more come share the wine this friendship is over and as usual it ended with a tweet. france just put the digital tax on our great american technology companies wrote president trump threatening reciprocal actions and adding in typical trump fashion i've always said american wine is better than french wine. that might be a matter of taste for the french it's all about business the agricultural minister let off steam on a national t.v. show. sure it is absurd to see you tax google apple facebook and amazon now we tax your wines is completely morani we tax the technology companies because they

reap enormous profits in our country millions of billions of euros and there's no reason for them not to pay taxes why in exports are a completely different thing when you feel it is unclear how much the us tax on wind will actually cost the french economy if it ever came to that experts say it's mostly makers of cheaper wines that might feel the pinch as their bottles won't find buyers in the us asked for the country's best into just they should be fine but. the united states is the biggest export market for the french outside the e.u. but only in terms of value not volume that means the american strength french wine that is expensive and i'm sure an american who buys a bottle for $100.00 or $150.00 won't think twice before buying a bottle price at $180.00 or $200.00. for the others there's always a decent california's and fun del to toast with. and from wines of beer belgium is

known as one of the world's biggest and best beer producers and demand is growing but you can only beat brew as much beer as there are bottles and that's proving to be a bit of a problem the summer. dried up uncorked everything seems to be running smoothly at the family owned brewery to have a man in burger but recently be a production here has been faltering. master brewer nester is experiencing a very specific supply problem if. there is a shortage of empties bottles in crates for the last 2 weeks the night shift hasn't been able to work because we don't have enough bottles. could be a bottle bottleneck is rattling nerves at many of belgians breweries demand for belgian beer is rising from year to year especially in summer when people are even more thirsty to satisfy the breweries need to have enough empty bottles to fill and

customers who lose no time in returning their empties they can't always be counted on to do that. as summer gets underway people tend to hang on to them on bond then they buy more beer and soft drinks duncan the customers do tend to return there and there's a deposit on them but sometimes it takes a while. even to. breweries across europe know that summertime is always crunch time but belgian brewers especially are often left high and dry. when it all new hope we are europe's biggest beer exploiting country we can even export more than the netherlands or germany that has an effect i suppose you will because when you export glass bottles it takes longer for the empties to come back or maybe they don't come back at all. we have. one solution would be to buy up new bottles of wine and mineral water producers also need more bottles in some glass producers

are unable to keep up with overall demand that's got a few brewery starting to think about alternatives and customers aren't exactly thrilled at the thought. i would even consider the thought of plastic bottles of beer in a kid is something you can accept in the summer and it does appear belongs in glass bottles as far as i'm concerned. and. leaving only the 1st and hope that customers will take heed of the need to have a man has launched a social media appeal. to return their empties as soon as possible so they can keep quenching their thirst for the rest of the summer. and now for a unique business opportunity investors looking to get a whole into the rising global demand for beef can get a piece of the action thanks to a south african app called my farm book the app allows investors to buy shares in a cow starting at $576.00 rand about $36.00 and pays out between 5 and 14 percent

interest once the animal is sold for slaughter the project was begun 4 years ago and now includes over 2000 animals. and that's it for me and the business team that's watching.

robots are still in the development phase so for what's going to happen when they grow. will schumann's and machines for you to pass from the co-exist or are we on the verge of collapse if we just bumble as of this totally unprepared with our hands in the sand she seemed to think about what could go wrong then let's face it it's probably going to be the biggest mistake in human history. partition intelligence is now spreading through our society. through the beginning of a good in digital. each one will be subjected to continuous state surveillance. they are experts be able to agree on the guidelines will this technology create deadly new autonomous weapon systems.

or robot to let's start 14th on t.w. like we were. when we were. the 1st americans at some point in our lives will experience hardship listen. to. the minds. listen hands on. a vast expanse and home to people with centuries old traditions. was. running. our head up and. down go back up.