Apple Sends Markets Reeling

LONDON (Reuters) - Apple’s rare warning on revenue rocked financial markets on Thursday, as investors sought safety in bonds and less risky assets amid renewed concerns about slowing global economic and corporate growth. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls Asian and European shares fell sharply, led by a sell-off in technology stocks, and U.S. equity futures pointed to a weaker open on Wall Street after Apple (AAPL.O) cut its revenue forecast, its first downgrade in nearly 12 years, blaming weaker iPhone sales in China.