Apple in China, and Payday Lending
After Hours
Is This Really a Story About Apple or Is It About China?
Apple lowered its sales forecast for the quarter by $7 billion. Tim Cook blamed most of it on declining sales in China. John Sutter: For me, the revelation was about China more than it was about Apple per se. Why pay $1,000 plus if you can get a Huawei phone? It's roughly what you would get if you bought an Apple phone.
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