Thursday, January 3, 2019

Apple cuts sales outlook on weakness in IPhone demand, China

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Apple cuts sales outlook on weakness in IPhone demand, China
Apple Inc., for the first time in almost two decades, lowered its revenue outlook, citing fewer than expected upgrades to new iPhones, weakness in China’s economy and supply constraints to newer models of the Apple Watch, iPad Pro and AirPods.

Source: TFE
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