Apple warning of weak sales in China sends US stocks sinking

Apple warning of weak sales in China sends US stocks sinking

5 years ago
Anonymous $L9wC17otzH

https://apnews.com/5c8f6edc8a354f4d88abf44109f26cb7

NEW YORK (AP) — Stocks went into a steep slide Thursday morning after Apple reported a slowdown in iPhone sales over the holidays in China, a hugely important market for the company.

The rare warning from Apple sent a shudder through markets and confirmed fears among investors that the world's second-largest economy was weakening.

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