Apple stocks tumble after company cuts forecasts for key quarter
by Dominic Rushe from Technology | The Guardian on (#465E6)
Tim Cook cites unforeseen magnitude of economic slowdown in China in a letter to shareholders explaining the change
Apple cut its sales forecasts for its key end of year period on Wednesday, citing the unforeseen "magnitude" of the economic slowdown in China.
Related: US markets start 2019 with a whimper as Trump blames 'glitch' for 2018 losses
Continue reading...