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Situational awareness: Apple just issued a rare earnings warning, citing economic deceleration "particularly in Greater China."

  • "In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad," CEO Tim Cook wrote today.
  • Go deeper: Axios' Ina Fried is updating this post as we speak.