04-01-2019 17:15 via feedproxy.google.com

Apple has way bigger problems than China, analysts say (AAPL)

Apple's revenue warning this week shook investors, sending shares plunging 10% and plaguing the broader market.
The tech giant pinned most of the blame on a slowdown in iPhone sales, primarily in China.
But China isn't Apple's biggest issue, according to a new analysis from CLSA, who points to the iPhones' average selling price and rising competition as the "real problems."
Investors were shaken this week as Apple warned late Wednesday it would miss revenue expectations for its fiscal first
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