Apple CEO Tim Cook says company saw an 'uptick across the board' in late April [CNBC]
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Source: CNBC
When Apple reported second-quarter earnings on Thursday, company executives didn't provide financial guidance for the quarter ending in June. CEO Tim Cook said in an interview with CNBC's Josh Lipton that the company made that decision because "it's hard to see out the windshield to know what the next 60 days look like." But both Cook and Apple CFO Luca Maestri gave quite a bit of color on a call with analysts about what they've seen economically in response to Covid-19 and how Apple has fared so far, as world economies brace for a lockdown-related slowdown and China starts to economically recover from its period of quarantine. Apple executives discussed how the timing of lockdowns around the world affected demand for Apple products. "If you look at what happened in China, we were having a really good January, the lockdown started there toward the end of January, as you know. February we saw steep decline in demand. We closed our stores in February. As the lockdown completed in mid-Fe
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