Apple Prediction 2019-2021: When to invest back in Apple?
iPhone sales in China. Apple pinned the blame on the ongoing trade skirmish with the US and the slowdown of China's economy. Growth in China, the world's second-largest economy, in 2018 was the weakest since 1990. And it will probably be worse in 2019
2019’s off to a rough start for Apple. The tech giant’s stock fell as much as 8% and lost $55 billion in value late yesterday after CEO Tim Cook released a letter saying Apple had lower sales during the holiday period because of “lower than anticipated” iPhone sales in China. Apple pinned the blame on the ongoing trade skirmish with the US and the slowdown of China’s economy. Growth in China, the world’s second-largest economy, in 2018 was the weakest since 1990. And it will probably be worse in 2019. If that happens, Apple won’t be the only casualty. Other Western brands, like General Motors and Starbucks, could get hurt, too.
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