Slow iPhone Sales in China Force Apple to Cut Revenue Forecast

It was the first time the tech giant had to lower expectations in 16 years.

The new Apple iPhone Xs (L) and iPhone Xs Max (R) are displayed during an Apple special event at the Steve Jobs Theatre on September 12, 2018 in Cupertino, California.  Apple released three new versions of the iPhone and an update Apple Watch.  (Photo by Justin Sullivan/Getty Images)
The new Apple iPhone Xs (L) and iPhone Xs Max (R) are displayed during an Apple special event at the Steve Jobs Theatre on September 12, 2018 in Cupertino, California. Apple released three new versions of the iPhone and an update Apple Watch. (Photo by Justin Sullivan/Getty Images)
Getty Images

Meet your guide

Ariel Scotti

Ariel Scotti

Ariel is a formr senior editor at InsideHook covering news, health and wellness. She was previously a staff writer at the New York Daily News.
More from Ariel Scotti »

The InsideHook Newsletter.

News, advice and insights for the most interesting person in the room.