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Writer's pictureIshfaaq Peerally

Market Update 03/01/19: Apple CEO Tim Cook Cuts Revenue Guidance


Tim Cook sent a letter to investors reducing the revenue forecast for Q1 2019 from $89 Billions to $84 Billions. Apple shares are down by more than 8% in premarket tradings. Should we now buy Apple or is it just a falling knife which we should avoid?

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