Easing trade tensions between the United States and China are helping Apple shares go up says Apple's chief executive officer.
The chief executive officer of Apple Inc., Tim Cook says the technology company has recorded a sharp growth in its services and business sequel to the easing in trade tensions between the United States and China. This development has led to a rise in the company's shares. In the statement, Apple disclosed that sales in this first quarter of the year, will most likely be lower than expected due to weak demand for its iPhone, especially in China the world's biggest smart phone market. Focus is therefore on its growing services, which includes; Apple music and Apple app store.