TARGET: People aren't buying Apple products (TGT, AAPL)
Target struggled to sell electronics in the second quarter, especially Apple products.
The retailer on Wednesday reported earnings that were stronger than expected. But it lowered its outlook for the rest of the year as it plans for a "challenging environment," according to CEO Brian Cornell.
There was "meaningful pressure in electronics" during the second quarter, and a decline erased 70 basis points from overall sales at stores open for at least one year, he said.
"Notably, about a third of th
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