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Tag: cuts
Apple cuts quarterly sales outlook on fewer iPhone upgrades, slower Chinese economy
2019-01-03 08:35:00| Telecompaper Headlines
(Telecompaper) Apple has lowered its revenue guidance for the December quarter, blaming a slowdown in iPhone sales, particularly in China. The company now expects revenue of US 84 billion for its fiscal first quarter to 29 December 2018, down from earlier guidance of USD 89-93 billion and a reported USD 88.3 billion in the year-earlier period.
Tags: sales
chinese
apple
economy
Apple blames China as it cuts forecast
2019-01-03 00:01:52| BBC News | Business | UK Edition
Apple boss Tim Cook says the firm 'did not foresee the magnitude of economic deceleration' in China.
Tags: china
apple
cuts
forecast
Bank cuts growth forecast amid Brexit worries
2018-12-20 13:15:34| BBC News | Business | UK Edition
The Bank of England keeps rates on hold and warns the lack of Brexit clarity is hitting the economy.
Tags: bank
growth
cuts
forecast
Fed raises rates but cuts 2019 forecast
2018-12-19 20:32:32| BBC News | Business | UK Edition
A majority of officials now expect just two rate rises in 2019. In September, they expected three.
Hawaii Cuts Price for State's Affordable Housing Portfolio by $40M
2018-12-15 08:37:00| National Real Estate Investor
The Hawaii Housing Finance Development Corp. modified the terms of the sale of the state's affordable housing portfolio to Stanford Carr Development and Standard Property Co.
Tags: price
housing
portfolio
hawaii
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