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Apple cuts outlook, sees 'challenges' in China, emerging markets - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected “economic deceleration” in China and emerging markets. The rare revenue warnings from Apple suggested weaker-than-anticipated sales of iPhones and other gadgetry, in part because of trade frictions between Washington and Beijing. Apple shares slid some 7.6 percent in after-hours trade on the news. … RIP SteveJobs. His absence continues to be felt at Apple. Their lack of innovation is evidence enough of that
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