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Tim Cook has downsized Apple's first-quarter earnings forecast in a letter to investors

Started by Redaktion, January 03, 2019, 21:57:29

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Redaktion

Apple's CEO, Tim Cook, has had to start his new year by sending an open letter to Apple's investors in which the company's revenues for the first fiscal quarter of 2019 are revised downwards. Cook cites factors such as the increased strength of the US dollar as reasons for his new estimates. However, areas in which Apple performed well in 2018 were also highlighted in the letter.

https://www.notebookcheck.net/Tim-Cook-has-downsized-Apple-s-first-quarter-earnings-forecast-in-a-letter-to-investors.391136.0.html

aex

QuoteTim Cook has told his Apple's investors that its revenues may be less than predicted.
Hey, Tim, iPhone SE 2 may be less that iPhone XR but it's not. Cheer up!

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