Wednesday, 14 November 2018

Apple iPhone sales fears rock Wall Street

Apple iPhone sales fears rock Wall Street

Apple shares sank by 5% on Monday, dragging down US markets and wiping more than $40bn (£31bn; €35bn) off the tech giant's market value. The fall followed a profit warning from some of the firm's suppliers, which exacerbated concerns that demand for iPhones is slowing. The declines made the company one of the biggest losers on the Dow, which closed down 2.3%.
Read more: https://www.bbc.com/news/business-46186131?source=Snapzu

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