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Home > World Business Report > Apple Blames China As It Cuts Forecast
Podcast: World Business Report
Episode:

Apple Blames China As It Cuts Forecast

Category: Business
Duration: 00:07:08
Publish Date: 2019-01-02 17:26:00
Description: Apple has warned investors about its growth in the most recent quarter, citing weaker sales in China. Share prices sank more than 7% in after hours trade, extending their more than 28% slide since November. The BBC's North America Technology correspondent Dave Lee gives us the latest. Having lost nearly 400 points, the Dow Jones index finished the session much where it had been at the start. Susan Schmidt, head of US equities at Aviva Investors in Chicago explains why US shares are currently going nowhere.
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