Stocks drop sharply after Apple warns of weak sales in China

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Apple's warning that its sales in China weakened over the holidays added to investors' fears that the global economy is losing strength.

 

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Steve Jobs made innovative new products. Tim Cook just changed their sizes.

Or maybe the new iPhones are trash and it’s not worth an upgrade from my iPhone 8? Is that a possibility?

Cook is cooking the books. Why? Volatility is a political disadvantage to Trump and the trade negotiations with China.

Apple's stock dived 9.2%. The Standard & Poor’s 500 index fell 52 points, or 2.1%, to 2,457. The Dow Jones industrial average slid 560 points, or 2.4%, to 22,785. The Nasdaq retreated 166 points, or 2.5%, to 6,499.

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