# Apple cuts revenue guidance citing China demand, later paying a shareholder settlement Date: 2019 ## The fact On 2 January 2019 Apple cut quarterly revenue guidance, citing China demand and trade tension, after [Cook](/people/tim-cook) had told analysts China was not in the same weak-currency category. A 2024 class settlement later paid about $490 million without an admission of liability. ## Context Neighbouring China production is the structural 10-K. Neighbouring Ireland tax is a different capital file. He did not write a securities statute. China production is neighbouring geography. Ireland 2016 is neighbouring tax. DOJ 2024 is neighbouring US antitrust. Tim Cook has been Apple CEO since 24 August 2011. He does not write a DOJ complaint, a Commission DMA decision, an Irish Finance Act, or a Chinese Cyberspace Administration rule. Steve Jobs is a different, dead person. A product launch is not a labour statute. A privacy keynote is not a completed DMA compliance certificate. Keep those dates separate. A 10-K climate page is not a unique ppm. An assembler audit is not a unique suicide count as his personal tally. A DMA listing is not a completed sideload world. A DOJ complaint is not a breakup. TSMC fabricates; Foxconn assembles; App Review enforces. ## Evidence and sources United States Securities and Exchange Commission carries the official instrument or communique. Reuters records the same dated act independently. ## Significance The path is [institutional-corruption](/drivers/institutional-corruption)-adjacent disclosure and [household-purchasing-power](/drivers/household-purchasing-power): a completed 8-K cut plus later settlement is a market-disclosure accountability instrument. A settlement is not a verdict. ## What is established and what is not Established: 2 January 2019 guidance cut and later 2024 shareholder settlement, independently reported. Not established: a completed criminal fraud conviction of Cook, or a unique later China GDP coefficient from the 8-K. What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions. The date is the date of this instrument, not a licence to back-date every later harm or benefit. Counsel settled in 2024 without admitting liability. The court approved. He did not sit as the judge.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies Apple cuts revenue guidance citing China demand, later paying a shareholder settlement, not a later speech about Apple cuts revenue guidance citing China demand, later paying a shareholder settlement. Co-authors and later implementers named in Context remain on the file. Apple cuts revenue guidance citing China demand, later paying a shareholder settlement on 2019-01-02 is not a licence to treat every later United States Securities and Exchange Commission communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average Apple cuts revenue guidance citing China demand, later paying a shareholder settlement into a personality. The contribution described on this Person row is limited to He spoke on the November call and signed the 8-K as CEO. Counsel settled in 2024 without admitting liability. The court approved. He did not sit as the judge. That limit is the alternative to treating office-holding as authorship of every later series. ## People - Tim Cook: https://factrail.ai/people/tim-cook ## Drivers - Institutional Corruption: https://factrail.ai/drivers/institutional-corruption - Household Purchasing Power: https://factrail.ai/drivers/household-purchasing-power ## Sources - https://www.reuters.com/legal/apple-reaches-490-million-settlement-with-shareholders-over-china-sales-comments-2024-03-15/ - https://www.sec.gov/ ## Methodology https://factrail.ai/methodology Canonical: https://factrail.ai/facts/aapl-china-forecast-2019