Published April 29, 2016
The world's most profitable company just became less valuable this week when California-based Apple Inc. reported the first decline in iPhone sales in 13 years. Apple CEO Tim Cook blames the struggling Chinese economy for Apple's weaker earnings, but analysts say other factors may be at play. It's not the end of the world for a company worth more than half a trillion dollars but it's clearly a worrisome trend. Mil Arcega has more.