Posted inBeijing, China, Iran, Middle East, World

Apple warns of revenue hit from US-China trade war

The trade war and China’s slowing economy threatens to take a huge bite out of Apple’s earnings. In a rare warning to investors, the tech giant cut its revenue outlook for the latest quarter on Wednesday. Apple also cited steeper-than-expected “economic deceleration” in the world’s second-largest economy and the downturn in emerging markets. But the […]

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