Apple cuts down Q1 revenue outlook, stock plummets

Apple (AAPL) started 2019 with an announcement that disappointed its investors. The tech giant’s CEO Tim Cook said in a letter to Apple investors that the company is lowering its first quarter revenue outlook to about $84 billion, hurt by the macroeconomic and Apple-specific factors. Earlier, the company had predicted revenue to come in the … Continue reading Apple cuts down Q1 revenue outlook, stock plummets