​Apple Slides After Guiding Below Consensus, Missing On Wearables, China And Service Revenues – Tyler Durden

Apple Slides After Guiding Below Consensus, Missing On Wearables, China And Service Revenues Update (530pm ET): AAPL is sliding to session lows after hours after revealing some very lukewarm guidance on the call, saying it now expects Q1 revenue to grow in the low to mid-single digits YoY (assume 4-6%). The sellside consensus is at 7%. As Bloomberg notes, “low to mid single digits” growth means a slowdown for Apple, which just reported a 6% sales rise. So it’s understandable why shares moved south after that pronouncement. They’re now down about 2% in extended trading. So much for the AI…  — Continue at ZeroHedge News : Read More