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Apple CEO Tom Cook issued a letter to investors. Cook said the revenue for the first quarter of 2019 will be $ 84 billion.
This is written by ixbt.com
Thus, as we see, the company has always recognized the decline in demand for iPhone smartphones, which will affect the profits.
Read also: Xiaomi announced plans for the coming years
The company also said that it could not predict "the degree of slowdown in the global economy, especially in China" . This led to slower sales and lower sales revenue.
In addition, after a thorough review, it turns out that all the revenue cuts mainly concern smartphones for iPhone. The other products, on the other hand, show revenue growth of 19%.
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