A 5.5% drop in December quarter revenue to US$117.2bil (RM500bil) was the widest miss for the holiday period in seven years. Sales of iPhones, Macs and wearables all dipped from a year prior. — Reuters
APPLE Inc’s earnings were an even bigger disaster than expected thanks to a combination of a stronger US dollar, global economic malaise, and more strife at its China factories.
That analysts were unable to model for each of these known factors could signal that problems will persist even after supply returns to normal.
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