The world is changing and Apple, a jewel in America’s corporate crown, is feeling the pinch. It is a symptom of the US pricing itself out of world markets. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

Apple’s sales warning is a symptom of what’s ailing the US economy

  • David Brown says amid a shift in global economic power from west to east, the US economy is buoyed by policies that compound its budget and trade deficits. Without a radical overhaul, a downturn in the economic cycle will have a devastating impact

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The world is changing and Apple, a jewel in America’s corporate crown, is feeling the pinch. It is a symptom of the US pricing itself out of world markets. Photo: AFP
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