Monday, 16 September 2019

Apple lowers revenue forecast as US trade-war with China bites

By Chris Kelly, Total Telecom
Thursday 03 January 19

Apple is losing ground to domestic smartphone makers in the Chinese market

US technology giant Apple has lowered its revenue forecast for the first quarter of 2019, blaming challenging conditions in the Chinese market for the downward revision.  Apple reduced its forecasted revenue for Q1 2019 to $84 billion, down from the previous projection of $89-93 billion. In a letter to his company's shareholder's, Apple's CEO…

US technology giant Apple has lowered its revenue forecast for the first quarter of 2019, blaming challenging conditions in the Chinese market for the downward revision.  Apple reduced its forecasted revenue for Q1 2019 to $84 billion, down from the previous projection of $89-93 billion. In a letter to his company's shareholder's, Apple's CEO…

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