Apple stocks tumble after company cuts forecasts for key quarter

Tim Cook cited unforeseen ‘magnitude’ of economic slowdown in China in a letter to shareholders explaining the change

Apple cut its revenue forecasts for the key end of year quarter late Wednesday, citing the unforeseen “magnitude” of the economic slowdown in China.

Related: US markets start 2019 with a whimper as Trump blames ‘glitch’ for 2018 losses

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This is the best app of 2018

Apps are what make are smartphones magic, but which app impressed the most last year? We put the question to you, our readers, and now it’s time to announce the winner! Read on to find out which app won our hearts in 2018.

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Tesla stutters at the starting line in 2019

It looks like Tesla is having a bumpy start to 2019, with the company’s stock taking a hit following a failure to live up to financial projections by the end of 2019. But it could be good news for consumers, as a corresponding drop in the price of the actual cars has made them more affordable up-front.

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Sony is working on a new FaceID system

Face recognition instead of fingerprint sensors could become a trend in 2019 if the system works quickly, reliably and safely at the same time. As one of the largest image sensor manufacturers, Sony now also wants to enter this promising market.

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