Tim Cook blamed China for Apple weakness: Here's what he said about the country in 2018

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Apple Chief Executive Tim Cook has blamed an economic slowdown in China, and the Sino-U.S. trade war, for its downgrade to its first-quarter sales guidance.

That marks a dramatic change in tune from the leader of the tech giant who just under a year ago, during Apple’s earnings for the first quarter of 2018, said “everywhere I look, I feel really good about how we’re doing in China.”

In a letter to investors on Wednesday, Cook said the company forecast lower-than-expected sales primarily in China.

“While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” he said in a letter to investors.

“In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad,” Cook said, detailing how China’s


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