News Story | Cook Points To China For Apple's Lackluster Q1


2019-01-05 | By newsstory | 109 Hits

by Sarah Feldman StatistaFor the first time since the launch of the iPhone in 2007 Apple has overestimated the demand for its products and services Yesterday Tim Cook released a statement warning investors about the revised estimates for Q1 2019 Cook attributed the reduced revenue to the staggered iPhone launch a strong US dollar and the slowdown in the Chinese economyThe points Cook emphasized in his letter point to the deceleration of the Chinese economy in the second half of 2018 which was exacerbated by trade tensions between the US >>READ MORE

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