Apple stocks tumble after company cuts forecasts for key quarter

Tim Cook cited unforeseen ‘magnitude’ of economic slowdown in China in a letter to shareholders explaining the changeApple cut its revenue forecasts for the key end of year quarter late Wednesday, citing the unforeseen “magnitude” of the economic slowdown in China. Related: US markets start 2019 with a whimper as Trump blames 'glitch' for 2018 lossesContinue reading...