Asian stocks slipped early on Wednesday, taking cues from an overnight decline on Wall Street while a wait-and-see mood prevailed ahead of a policy statement from the U.S. Federal Reserve due later in the day. On Wall Street, the Dow (.DJI) fell 0.2 percent and the S&P 500 (.SPX) retreated 0.3 percent. Closely watched earnings from Apple Inc (AAPL.O) released late on Tuesday showed the company paint a rosy picture for its new iPhones but a quarterly slowdown of overall sales in China cast doubt on the robustness of Apple’s legendary profitability.