Tim Cook’s Letter to Shareholders About Sales Slowdown: Full Text

In a letter posted to Apple’s website, Cook explains why the company cut its sales outlook for the first time in over a decade

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By Nate Lanxon

January 3, 2019 at 9:19 AM UTC

This article is for subscribers only.

Apple Chief Executive Officer Tim Cook sent a letter to investors, dated Jan. 2, to advise them that the company was expecting lower revenue than it previously guided. The full unmodified text of the letter as it appears on Apple’s website is below: