10
Apple cuts forecast, citing weak China sales amid trade tensions

Apple cuts forecast, citing weak China sales amid trade tensions

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-apple-forecast/apple-cuts-forecast-citing-weak-china-sales-amid-trade-tensions-idUSKCN1OW1O6

Apple Inc on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.