Thursday, January 3, 2019

Apple shares sink after slashing revenue forecast

Apple's shares fell around 9% in early trading Thursday after cutting
its quarterly revenue forecast.

It's the first time they have slashed revenue expectations in 16 years
and the company blame weak iPhone sales in China.

The news helped drag the U.S. markets down over 2% in the first few
hours of trading.

William Denselow reports from New York.

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