Though a number of factors may have played into Apple’s travails — including political tensions, the U.S.-China trade war and changing demand in the smartphone market — the news from Cupertino, Calif.-based Apple seems to affirm a warning that Chinese economic observers have been sounding for years, particularly in the last few months: The slowdown in China’s economy might be worse than many appreciate — and so are the spillover effects.
Source: Los Angeles Times January 03, 2019 17:25 UTC