Apple Inc CEO Tim Cook seems a little freaked out by the global economy – FINANCIAL NEWS-ecozik.com
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Apple Inc CEO Tim Cook seems a little freaked out by the global economy

While pointing out that Apple Inc had been performing quite well in China last summer - unlike some other firms - Tim Cook suggested that the forward outlook was not nearly as bright.

What’s keeping the CEO of the company that simply reported the most profitable quarter in history up during the night?

For Apple Inc.’s Tim Cook, it’s the “economic challenges all over the world.”

“This is a huge accomplishment for our company especially because of the turbulent world around us,” said Cook, soon after running through the company’s quarterly financial highlights on a conference call.

Ever because the surprise devaluation of the Chinese yuan in August, the potential for a tough landing within the world’s second- largest economy continues to be front-of-mind for investors.

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