Latest Breaking News On - Steve caplan - Page 1 : comparemela.com
Ever if youre looking at this now, youll see the dow futures are indicated back down 365. S p futures down by 42, the nasdaq down by 177 apple is the big story the tech giant cutting its Quarterly Sales forecast citing slowing iphone sales in china and lots of other things the china sales was the big issue. Apple sees First Quarter revenue of 84 billion, thats 5 billio to 9 billion below its origina forecast of between 89 billion to 93 billion. This is the first time that apple issued a revenue warning since the iphone was launched in 2007 tim cook sitting down exclusively with cnbc. As we look at whats going on in china, the its clear that 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. So we saw, as the quarter went on, things like traffic in our retail stores, traffic in our channel partner stores, the reports of the smartphone industry contracti
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