Apple Now In Tough Spot

Summary:

  • Apple’s shares hit a new 52-week low on Tuesday.
  • Nikkei Asia again warns of production cuts.
  • Warning now may only fuel demand concerns.

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KanawatTH

One of Tuesday’s more notable losers was technology giant Apple (NASDAQ:AAPL). Shares of the company lost 3.75% on the day, dipping below a $2 trillion market cap, after a report surfaced of potential production cuts coming

Q1 Revenue Estimate Average

Apple Fiscal Q1 Revenue Estimate Average (Seeking Alpha)


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