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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/01/03

Apple’s China Trouble Makes Trump’s Trade War Harder to Defend

President Donald Trump’s administration argues that the long-term gain from a trade war with China justifies short-term pain for consumers and investors. That case may be harder to defend now that the collateral damage includes one of America’s most recognizable brands. Apple Inc. on Wednesday lowered its outlook for first-quarter revenue after a larger-than-expected slowdown in demand from China and fewer upgrades to models of the iPhone. In a letter to investors, Chief Executive Officer Tim Cook said the company didn’t expect growth in emerging markets to slow so sharply, especially in China.  -Bloomberg


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