PALO ALTO, U.S. -- Apple's China woes continued in the January-March period as greater China sales dropped 22% in a second consecutive quarterly slowdown there.
Yet CEO Tim Cook expressed optimism going forward, citing the advancement of the Sino-American trade talks as well as the kicking in of such Chinese stimulus measures as tax reductions and price cuts. A month into the third quarter of the company's fiscal year, he conveyed confidence that the region will return to growth.
