Apple lowers guidance for fiscal 1Q19 on weak iPhone sales in China (DigiTimes: IT news from Asia)

DigiTimes: IT news from Asia
Apple lowers guidance for fiscal 1Q19 on weak iPhone sales in China – Apple has revised its guidance for fiscal first-quarter 2019 ended on December 29, expecting revenues of about US$84 billion, lower than the original estimate for the period, according to a letter to investors from company CEO Tim Cook, who admitted that the US vendor failed to foresee the extent of …