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iPhone suppliers warn of low revenues due to slowing iPhone sales

Appleā€™s stock price fell below $100 after the company cut its order forecasts to iPhone suppliers.

Just about every successful company has a cash cow. For the uninitiated, a cash cow is basically a product or service that makes up for a large percentage of the company’s revenue. So much so that the company actually depends upon this product or service, and if something were to happen to this revenue flow, things would soon get dire. Continue reading iPhone suppliers warn of low revenues due to slowing iPhone sales