Monica Nickelsburg / GeekWire
Apple lowers Q1 revenue guidance, blaming shortfall on weak Chinese economy and trade war – Apple CEO Tim Cook lowered guidance for his companys first-quarter earnings on Wednesday, writing a letter to investors that cited Chinas weakening economy and trade tensions with the U.S. as the primary driver of the shortfall. Apple shares were down 7.5 percent in after-hours trading. While we anticipated some challenges …
