Flash Briefing: Apple, Tesla punished after missing forecasts; Renewables tops in UK; Mark Bristow's plans
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In today’s global business headlines….
Computer and smartphone giant Apple Inc’s share price dropped 7% in post market trade after it disclosed iPhone sales for the December quarter will be significantly below its official forecast of just two months ago.
The share price of another US market darling, electric car maker Tesla, also dropped sharply after news that disappointed investors.
The UK is also reaping the benefit of incentivising lower carbon emissions and a longstanding campaign to reduce energy wastage.
In South African related news, Maritzburg university graduate Mark Bristow features prominently in global media this morning.
Computer and smartphone giant Apple Inc’s share price dropped 7% in post market trade after it disclosed iPhone sales for the December quarter will be significantly below its official forecast of just two months ago.
The share price of another US market darling, electric car maker Tesla, also dropped sharply after news that disappointed investors.
The UK is also reaping the benefit of incentivising lower carbon emissions and a longstanding campaign to reduce energy wastage.
In South African related news, Maritzburg university graduate Mark Bristow features prominently in global media this morning.
