Moneycontrol
Last Updated : Jan 08, 2019 12:16 PM IST | Source: Moneycontrol.com

3 Point Analysis | Chinese slowdown hits Apple’s sales

Sakshi Batra does a 3 point analysis of the reasons behind Apple’s lower revenue projections and how a slowdown in the Chinese market could impact India.

Moneycontrol News @moneycontrolcom

Apple seems to be in deep trouble. A 10 percent drop in its stock price in a single day coupled with a low sales forecast in China, the technology behemoth is facing a tough quarter ahead.

On January 2, Tim Cook, the CEO of Apple, in a letter to the investors of the company, wrote that the firm’s projected revenue is expected to be lower than initially expected.

Sakshi Batra does a 3 point analysis of the reasons behind Apple’s lower revenue projections and how a slowdown in the Chinese market could impact India.

 
First Published on Jan 8, 2019 12:15 pm
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