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01-03-2019, 05:08 AM
Apple Slides, iPhone Demand Weakens, Chipmakers Sink - 5 Things You Must Know

U.S. stock futures tumbled on Thursday, Jan. 3, after a revenue warning from Apple Inc. Asian shares closed Thursday's session lower and European shares were falling sharply in early trading. With the U.S. corporate earnings season only weeks away, and investors trimming expectations for 2019 profit growth to around 7% - sharply lower than last year's 24% pace - Apple's softer revenue guidance has the potential to extend the current market decline if other domestic companies find similar struggles in overseas markets.

https://finance.yahoo.com/m/43fe0c62-7166-3e67-977f-e34db4c4bbf1/apple-slides%2C-iphone-demand.html?.tsrc=rss