The american teknologigigant Apple trimmed its expectations for the turnover for the first quarter of 2019.
the Downgrade comes, among other things, after that the company has been able to mark a lower demand on the latest version of the company’s iPhone.
It is particularly in the chinese market, consumer spending has been declining, says ceo Tim Cook.
– We believe that the economy in China has been hit hard by toldgnidningerne between the UNITED states, he says in a letter to investors.
Apple is now waiting a turnover in the first quarter, which ended with the turn of the year, 84 billion dollars against a previous estimate of 89-93 billion u.s. dollars.
In the letter to investors regard Tim Cook among other things, to the appreciation of the dollar as one of the reasons for the greater challenges, as the company looks forward to.
– While we anticipated certain challenges in important new markets, we had not foreseen the extent of the economic slowdown, especially in China.
Reuters writes that it is the first time that Apple has gone out with a downgrade before the real release of the company’s financial statements, since the first iPhone was released in 2007.
In the so-called american aftermarket, which gives an indication of how the u.s. investors on Thursday will react, dropping Apple’s stock, with approximately seven percent.
