Apple Issues Profit Warning, Cuts Revenue Outlook By $9 Billion Amid Pricey iPhone Sales Drop
From Forbes: Has Apple reached its peak?
Yesterday, what we feared for months finally happened: Apple CEO Tim Cook issued the company's first profit warning in 16 years—the last one was in June 2002 or 6 years before the initial launch of the iPhone—acknowledging a $9 billion drop in sales to...