Apple’s not the only one suffering a slowdown.
Samsung and Apple have a lot in common these days. Shortly after announcing their content tie-up at the CES show, the South Korean tech giant followed in the iPhone maker’s footsteps by issuing a profit warning. (See Apple’s Walls Come Tumbling Down With Samsung TV Tie-Up.)
Apple Inc. (Nasdaq: AAPL) shocked the market last week when it lowered its guidance for the final three months of 2018, citing weak demand for its iPhones in China as a chief author of its woes. (See Apple Delivers Post-Holiday Turkey, Lowers Revenue Guidance, iPhone Upset Leads to Apple Crumble and Apple Really Is in Trouble This Time.)