He also said the timing of product releases, as well as a slowing of the Chinese economy played a factor. CEO Tim Cook wrote in a shareholder letter that the trade tensions with the U.S.
In the letter, published by the company after the NY close on Wednesday, Cook wrote that a number of factors contributed: timing of iPhone launches, foreign exchange headwinds, economic weaknesses and an "unprecedented number of new products to ramp", culminating in "fewer iPhone upgrades than we had anticipated".
Despite the revised guidance, Cook added that he believed that Apple has a "bright future" in China, drawing in the increase in service revenue in the region.
"This is Apple's darkest day during the Cook era, " Wedbush Securities analyst Daniel Ives said. "We did not foresee the magnitude of the economic deceleration". "Because they build their products mostly in China". Sales of Apple Watch Series 4 and iPad Pro were constrained much or all of the quarter.
China's "economy began to slow there for the second half", Mr Cook said during an interview with CNBC on Wednesday afternoon.
The top 10 unveils from CES 2019 - Hardware
Guided by a quirky narrator, the ride takes you through a day in the life of "Bob" as he uses the Google Assistant along the way. Saying "Google, check into my flight" will do the trick, presumably if you've got the flight stored on your calendar.
Foresight 2020: Democratic Presidential Candidates Prepare To Run
The state is over 90 percent white, whereas only 59 percent of Democratic voters are white, according to the Pew Research Center . Neither woman had heard about the "likability" flap, though Wertz smilingly proclaimed Warren "a very likable person".
Nishikori ends three-year wait for title with Brisbane triumph
And the victory had the added bonus for Nishikori of cementing his place at No9 just ahead of the draw for the Australian Open . Nishikori, who last won a Tour title in 2016, made light work of his opponent 6-2 6-2 in the day session.
China is now experiencing an economic slowdown, with GDP growth expected to hit 6.5 percent for the year, the lowest growth rate since 1990.
Analysts have questioned whether consumers are reaching their limit in upgrading to the latest iPhones, noting that the device's price tags have continued to rise.
Of course, it is nothing to do with Apple or the fact people don't seem to feel the need to pay over the odds for technology they can buy for less when last year's phone worked fine.
A slew of brokerages reduced their first-quarter production estimates for iPhones after several component makers in November forecast weaker-than-expected sales, leading some market watchers to call the peak for iPhones in several key markets. Our results in China include a new record for Services revenue, and our installed base of devices grew over the a year ago. The truth remains that the iPhone has always been Apple's core business and if Apple can't sell enough of them, the whole company struggles.