CNBC talks with Tim Cook

After this “Letter From Tim Cook to Apple Investors”, published yesterday on Apple’s Newsroom:

Today we are revising our guidance for Apple’s fiscal 2019 first quarter, which ended on December 29. We now expect the following:

Revenue of approximately $84 billion

Gross margin of approximately 38 percent

Operating expenses of approximately $8.7 billion

Other income/(expense) of approximately $550 million

Tax rate of approximately 16.5 percent before discrete items

The CNBC interview makes for an interesting watch.

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