Apple warns investors, as CEO points to slumping sales in China

Thursday, January 3, 2019 - 07:50 in Mathematics & Economics

Apple stunned investors with a rare warning that revenue from its first quarter will not meet expectations. In part the company blames slower iPhone sales in China. CEO Tim Cook says a weaker Chinese economy and trade tensions with the U.S. are hurting Apple. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss what it means for the global economy.

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