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CNBC Squawk Alley April 27, 2016

Qua Quarterly Sales drop for 13 years, and the guidance is coming in lower than expected. And this is tim cook talking about it on last nights Conference Call. As we continue through the june quarter, id like to remind you that remeasure the health of the customer demand in sell through, and despite the q2 channel of the inventory in light of the Macro Economic environment we plan to loe wer e channel inventor ris in the june quarter to impact the revenue in q3. Apple is the biggest laggard having a 44 point downside, and lets bring in dan morgan who is the Portfolio Manager of sinovis. What are you seeing . Well, it is a monumental quarter where they quit growing in the huge pace they were in the past, but it doesnt really change, carl, our opinion
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