Goldman warns Apple's earnings could fall short this year on 'rapidly slowing' demand in China

Goldman warns Apple's earnings could fall short this year on 'rapidly slowing' demand in China

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/15/goldman-warns-apple-earnings-could-waver-due-to-weak-chinese-demand.html

Apple earnings may disappoint investors because of a marked deterioration in Chinese demand for iPhones, Goldman Sachs says.

"There are multiple signs of rapidly slowing consumer demand in China which we believe could easily affect Apple's demand there this fall," Goldman analyst Rod Hall said in an investor note Sunday.