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China retailers discount iPhones after Apple"s revenue warning, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 11th, 2019

China retailers slash iPhone prices after Apple sales warning

Several Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning......»»

Category: topSource: reutersJan 11th, 2019

Apple tech used to put hacked apps on iPhones

Reuters has found that software pirates hijacked technology designed by Apple to distribute hacked versions of Spotify, Angry Birds, Pokemon Go, Minecraft and other popular apps on iPhones. Stephen Nellis reports......»»

Category: videoSource: reutersFeb 14th, 2019

IDC estimates Apple iPhone sales in China down 20% in Q4, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 11th, 2019

Apple posts revenue drop but optimistic on China

After warning that its holiday season wasn't going to be pretty, Apple on Tuesday reported a 15 percent drop of iPhone revenue for the quarter ending in December......»»

Category: videoSource: reutersJan 29th, 2019

Tech companies sqeezed by China"s slowdown

Chipmaker Texas Instruments' mixed results and a warning from Apple come on the heels of China's slowing economy. Fred Katayama reports......»»

Category: videoSource: reutersJan 24th, 2019

Foxconn says trying to hire 50,000 people in first quarter after job cut reports

Taiwan's Foxconn , assembler of Apple Inc's iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions across its China campuses for the January-March quarter, amid reports of mass lay-offs......»»

Category: topSource: reutersJan 22nd, 2019

Apple Rattled Markets With China Warning. Who"s Next?

After iPhone-maker Apple blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure......»»

Category: smallbizSource: wsjJan 15th, 2019

Apple rattled markets with warning about China. Who"s next?

After the iPhone-maker blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure......»»

Category: topSource: moneycentralJan 14th, 2019

Apple rattled markets with warning about China. Who"s next?

After the iPhone-maker blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure......»»

Category: topSource: moneycentralJan 14th, 2019

There Goes The Chinese Consumer: Alibaba Is Latest Company To Warn About Slowing Growth

Hours after the Wall Street Journal published a story speculating about who would be next to upend an equity rally with a warning about faltering sales in China (after Apple's quarterly revenue guidanc.....»»

Category: blogSource: zerohedgeJan 14th, 2019

China retailers slash iPhone prices

Chinese retailers are slashing prices for iPhones, in what analysts see as a fresh sign that the company may be struggling to shift the handsets in the expected numbers. Julian Satterthwaite reports......»»

Category: videoSource: reutersJan 11th, 2019

Trump downplays Apple woes, says China economy helps U.S. in trade talks

President Donald Trump on Friday downplayed a revenue warning by Apple Inc and said slowing economic growth in China puts the United States in a strong position as negotiators from the world's two largest economies prepare for trade talks next week......»»

Category: topSource: reutersJan 4th, 2019

Google shifted $23B in overseas cash to Bermuda tax haven in 2017, report says

Google used a popular tax avoidance scheme to move $22.7 billion in foreign revenue into an offshore tax haven in 2017, Reuters reports, citing new data from the Dutch Chamber of Commerce. For years, tech giants Google, Apple Inc., Microsoft Corp.....»»

Category: topSource: bizjournalsJan 4th, 2019

Apple"s Stock Drops on Revenue Warning

Apple shares fell steeply after the iPhone maker slashed its quarterly revenue forecast as it deals with shrinking demand in China and fewer owners upgrading their phones......»»

Category: smallbizSource: wsjJan 4th, 2019

Wall Street drops more than 2 percent

U.S. stocks plunged on Thursday, with the S&P 500 down more than 2 percent. As Fred Katayama reports, slowing factory activity on the heels of a revenue warning from Apple fueled fears of a global economic slowdown......»»

Category: videoSource: reutersJan 3rd, 2019

Apple shares dive; rare revenue warning drags global markets

Apple Inc shares plunged 10 percent on Thursday after the iPhone maker blamed weak China demand for a holiday-quarter revenue shortfall, with many investors worried the rare stumble was a harbinger for slowing global growth......»»

Category: topSource: reutersJan 3rd, 2019

Apple"s warning and stock slide is harbinger, says Lake Ave"s Chalekian

Lake Avenue Financial CEO Alex Chalekian tells Reuters Fred Katayama investors could expect to see more companies follow Apple's revenue warnings with red flags of their own......»»

Category: videoSource: reutersJan 3rd, 2019

Apple shares slide after iPhone maker issues rare revenue warning

Apple Inc shares fell as much as 9 percent in early trading after the iPhone maker blamed weak China demand for its revenue shortfall in the holiday quarter, a clear sign of the company's struggles in the world's largest smartphone market......»»

Category: topSource: reutersJan 3rd, 2019

Apple, China worries pummel Asian shares; "flash crash" jolts currencies

U.S. stock futures fell and Asian shares stumbled on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth and weaker earnings and jolted currency markets......»»

Category: topSource: reutersJan 3rd, 2019

Apple Stock Is Tumbling After It Warned of Weak iPhone Sales in China

In a surprising move, Apple reduced its revenue guidance for the current quarter, citing weakness in China and with its latest line of iPhones......»»

Category: topSource: barronsJan 3rd, 2019