But the uptick didn't continue. The company slashed its revenue guidance for the first fiscal quarter of 2019, ended December 29, to $84 billion - sharply lower than analyst forecasts averaging $91 billion. China's smartphone market has been down 6% year-over-year in the third quarter of 2018 and is expected to drop by 3% in the fourth quarter of 2018, according to IDC.
Soon after the overnight ban on Rs 500 and 1,000 notes, which wiped out 80 per cent of the currency in circulation, RBI came out with the Rs 2,000 note and a new-look Rs 500 note. The Secretary of the Department of Economic Affairs (DEA), Subhash Chandra Garg , said that no decision has been taken with regards to the production of Rs.
On Apple's earnings call in November, Cook cited slowing growth in emerging markets such as Brazil, India and Russian Federation for the lower-than-anticipated sales estimates for the company's fiscal first quarter. Mr Cook said Apple "did not foresee the magnitude of the economic deceleration" in Greater China, adding that US-China trade tensions had hurt consumer confidence.
Asia's biggest worldwide carrier sold business class tickets from Vietnam to Canada and the United States at economy prices earlier this week, according to bloggers. It isn't necessarily unheard of for airlines to unload otherwise exorbitant tickets at extremely low prices, and there's a variety of contributing factors that could ultimately cause mistake fares to occur.
Neumann came to the company from Walt Disney Co. and has been finance chief since May 2017 . In a recent securities filing from Activision Blizzard Inc., it was revealed that the company's current Chief Financial Officer (CFO) Spencer Neumann is pending termination from his role for matters that aren't related to financial performance.
Still, James Albertine, an analyst at Consumer Edge Research, said Wednesday's selloff represented an overreaction. This suggests that many existing reservation holders are still waiting for the cheaper $35,000 vehicle that Tesla has promised but doesn't yet build.