The Editor’s Desk: Behind the Apple-inspired market chaos

DUBLIN — Global markets had a volatile week, plunging to the depths on the back of bad news from Apple before rebounding on the Fed's reassurances. It looks like market uncertainty is back and bigger than ever, which is a scary prospect for investors used to relative calm. In this episode, Alec Hogg and Felicity Duncan dig into the Apple story and look at the reality behind the numbers. They explore why markets reacted so badly to the news and discuss what investors should do to manage anxiety in a choppy market environment. They also look ahead at what the new year holds for the JSE, asking if the pundits are right in saying that investors should stay away and look offshore. – Felicity Duncan

Hello, and welcome back to BizNews Radio. This is The Editor's Desk, I am Felicity Duncan and with me, Alec Hogg, here to discuss the news of the new year so far. Alec, the first thing we've got to talk about, of course, is the news out of Apple, which was very striking, and which sent markets really reeling in the early part of the week. The news being that they are going to miss their previously announced sales target by several billion dollars. In large part, because of the plunging sales that they've been experiencing in China but of course, there's also more to it than that. What was your reading of that announcement?

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