News & Opinion | January 3, 2019 10:47 am

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)
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