Target says low demand for Apple products hurts electronics sales

Clash of the titans: Target is taking on Amazon with a pilot programme in its hometown of Minneapolis that will allow select customers to order online for food, pet products and baby items and have them delivered to their homes.

Target Corp reported a drop in demand for Apple Inc's products that hurt the retail chain's electronics sales in the second quarter, but said it is working with the iPhone maker to capitalise on new product launches during the second half. 

Earlier on Aug 17, Target cut its fiscal-year profit outlook after quarterly sales fell more than expected due to lower demand for electronics and a weak start to a revamp of its grocery business.