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Industry Focus
Tech: One Bad Apple?
Jan 04, 2019 (20:25)
Apple has had a rough week:
- CEO Tim Cook wrote a letter to shareholders walking back the company's previous quarterly guidance, erasing $7B in expected revenue.
- Netflix is making moves to try and claw back some of its subscription revenue from the iTunes store.
- iPhone 7 and 8 sales are being blocked in Germany.
With shares down big this week, should investors be worried about one of the world's largest tech companies?
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