Tuesday, August 25, 2015

Did Apple Cross Legal Lines By Revealing Its Continued Growth In China?

After Monday's stock market decline, CEO Tim Cook personally assured an investor that Apple was doing just fine.

With the stock market in free fall Monday morning as a result of financial turmoil in China, investors may have been worried about their stakes in leading tech companies like Apple. To assuage such concerns, CEO Tim Cook wrote a note to CNBC analyst Jim Cramer, informing him that the company was still seeing "strong growth" in China through July and August.

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