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Goldman warns Apple's earnings could fall short this year on 'rapidly slowing' demand in China

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Apple earnings could disappoint investors thanks to a drop in Chinese demand for iPhones, Goldman Sachs warns.

 

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Didn’t they admit they were completely wrong on $AAPL last month and raise price target 20%? This time is different though...

Not just iPhone, all American products on the Chinese market will be affected.

You have to live the negative rhetoric to scare people to sell $AMZN and $AAPL. It’s bad enough realDonaldTrump and Powell are killing the markets so the elitists can pick up stock cheap and their banker buddies make money on trades the average person makes. Nov 6 is upon us

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Larry Haverty: Chinese market will continue to be 'very difficult' for AppleBMO's Tim Long said that it's not the U.S.-Chinese trade war that's hurting Apple, but instead the iPhone in China is 'not a compelling product and in China that's one of the places that's really cutting edge for features on devices.' Why people are not upgrading their iPhones? Well, Apple got caught cheating by slowing users’ batteries after 3yrs. Now that is over, there is no reason to upgrade.
Source: CNBC - 🏆 12. / 72 Read more »