Shona Ghosh / Business Insider: Finance
Apple faces class-action lawsuit threat for not warning investors about tanking iPhone demand – * Bernstein Liebhard said Apple CEO Tim Cook cant reconcile his November optimism about iPhone sales in China with Wednesdays warning, where he blamed Chinas slowing economy for poorer-than-expected sales. Apple has had its first whiff of legal action over its shock revenue downgrade on Wednesday, with New York law …
