Apple's China struggles highlight US companies' trade war vulnerabilities

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Apple slashed its revenue guidance on Wednesday, highlighting just how vulnerable large American companies are to the ongoing U.S.-China trade war.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No I think that is the allusion Apple wanted to create to avert blame for their product not selling. Again do you work for China 🇨🇳?

irresponsible journalism. Breaking News Monster Jobs Report ADP reports 271,000 jobs for December almost 100,000 more than Wall Street consensus. We get the government number tomorrow which could be different but this is huge news about the economy. cvpayne MAGA

The main reason to the failure of new iPhones in China is the design and marketing strategy. The xs max is too big too heavy and too expensive. Xs has not much difference vs x, which has been sold a lot in China. Xr is a total failure, even teenagers don’t want one.

maybe ppl are just not seeing any reason to shell out 1200 dollars for a phone that is the same as their old phone...from 2 yrs ago....APPLE dropped the ball. not due to trade issues with china

Even before trade war, apple has been losing its market share and advantage to xiaomi,huawei,vivo in both price and techs. This is happening not just in China whose total market is shrinking, but in many places like Europe, Asia and Africa. Cook should blame himself.

All thanks to the moron in charge!

We have a global economy. Surprise!

Nobody wants an iPhone that won't lie flat on the table.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks set to open lower amid renewed US-China tensions; Apple to report earningsU.S. stock index futures pointed to a lower open on Tuesday morning as investors monitored global trade developments and looked ahead to earnings releases from companies like Apple. Totally foreseeable and unavoidable.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks mixed | US and China talk trade | Apple trolls rivalsU.S. stock futures were mixed as trade talks between Chinese and U.S. officials continue in Beijing.
Source: CNBC - 🏆 12. / 72 Read more »

Apple warning of weak sales in China sends US stocks sinkingApple's warning that its sales in China weakened over the holidays added to investors' fears that the global economy is losing strength, with the trade fight between the U.S. and China making the situation worse. U.S. stock indexes fell sharply Thursday morning. Apple's stock plunged 8.9... How did that happen? 🤔 Buy bitcoin Can't wait for recession and current administration officials to blame Obama. Same folks who take obama's recession turnaround and positive market trajectory.
Source: ABC - 🏆 471. / 51 Read more »