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The last time this happened was nearly two years ago
Shares of the NASDAQ company lost 8.24% and are trading at $ 144.9.
Securities began to fall quickly after January 2, 2009 by Tim Cook's letter to investors. He added that the company had revised its revenue forecast in the first quarter of 2019 by slowing iPhone sales in emerging markets, mainly to China.
Apple expects a turnover of between 89 and 93 billion dollars. Today, the forecast has been reduced to 84 billion.
According to Cook, leaders did not expect such a massive slowdown in economic growth in China because of the trade wars between Beijing and Washington.
Recall that on Christmas Eve (December 24), US stock indexes collapsed after establishing the anti-record of the decade. The stock market situation was heavily commented on by US President Donald Trump, who accused the Fed and its ruler Jerome Powell of "all the problems of the US economy." In the wake of Trump's media criticism, information was immediately available about the possible release of Powell and Finance Minister Stephen Mnukhin. However, Wednesday, the White House is eager to reassure the stock market. In an interview with the Wall Street Journal, Kevin Hassett, adviser to the president of the economy, assured that Trump was not about to release Powell.
Video
Takeoff and fall. Apple's shares after the presentation of new products fell nearly 1.5%. However, experts say – it's a typical situation. The day before, the company had introduced three models of smartphones at once, as well as an upgraded version of the smart watch.
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