Technology

US Commerce Secretary comments on Apple's earnings miss (video)

Apple’s warning had nothing to do with U.S.-China trade talks, Wilber Ross tells CNBC.

 

I don’t think Apple’s earnings miss had anything to do with the present trade talks. Think about it. There have been no tariffs put on Apple products. So that’s not it.

Cue the video:

[protected-iframe id=”b8c8965c7e1515ca84324276597d5b97-5450697-130806395″ info=”https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000058543&size=530_298″ width=”530″ height=”298″]

Secretary Ross: Talks with China are at the appropriate level from CNBC.

My take: In remarks that will be carefully parsed in Beijing, Ross acknowledged that the trade talks have had an effect on China’s economy.

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.