The Traderszone Network

Published in TZ Latest News 26 January, 2016 by The TZ Newswire Staff

Apple sees first sales dip in more than a decade as super-growth era falters

Apple Inc (AAPL.O) forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market showed signs of weakening, suggesting the technology company’s period of exponential growth may be ending. The slowdown comes as Wall Street analysts worry the company does not have another blockbuster product to replace the iPhone. Apple does not report Watch sales, but it does not appear to have the makings of being a hit on the same level as the iPhone a year after launch.