if someone else were in the white house, you would have a quote nice big fat war with asia. a rare warning from apple. the u.s. and china trade war are is hurting iphone sales. ceo tim cook warned of lower sales from the holiday quarter. he blamed the outlook on the u.s. and china trade war and the slowing chinese economy and a number of other factors. including cheaper iphone battery replacements. the outlook is to be $84 billion. it is down from $89 billion. cook said the tariffs and trade war put additional pressure on the u.s. economy. if you look at our results, our shortfall is over 100% from iphone and primarily in greater china. as we look at what is going on in china, it is clear the
from the holiday quarter, and he blamed that disappointing outlook on the ongoing u.s. and china trade war, adding to a slowing chinese economy. he mentioned a couple other factors, and appearing expect revenue to be about $84 billion, and that s down from 89 to $93 billion. and cook said u.s. and chinese tensions put additional pressure on the economy. if you look at our results our shortfall is with the iphone and as we look at what is going on in china, the economy began to slow there for the second half and what i believe to be the case is the trade tensions between the united states and china put additional pressure on their economy. about 15% of its global
if someone else were in the white house, you would have a quote nice big fat war with asia. the u.s. and china trade war having an effect on the iphone. tim cook warned investors to expect lower sales from the holiday quarter blaming the outlook on the trade war and number of other factors. apple now expects revenue for the three months ending in december to be $84 billion. that is down. that is a big miss. this shook investors. tim cook said tensions put additional pressure on the u.s. and chinese economy. if you look at results, our shortfall is over 100% of iphone and particularly in greater china. we look at what is going in
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companies gave shareholders $384 billion of buybacks. investors can thank the economy and the tax cuts. that doesn t mean the businesses are not investing. business spending is up 19%. the buybacks are growing faster. in fact, goldman sachs predicts 2018 is the first year in which shareholders receive over $1 trillion in stock buybacks. spacex ceo elon musk is announcing the japanese bi billionaire yasaku maezawa will take part in the first lunar launch in 2023. ever since i was a kid, i loved the moon. it filled my imagination. it is always there and has continued to inspire humanity. that is why i could not pass up this opportunity to see the moon up close. spacex says the get away will