No, weakness in demand as well.<p>&gt; Luca Maestri, Apple’s chief financial officer, said the company is feeling the effects of a &quot;very different&quot; economic environment around the world. Apple is beginning to see &quot;softness&quot; in China, particularly in Hong Kong, he said.<p><a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-01-26&#x2F;apple-forecasts-first-sales-drop-since-2003-on-iphone-slowdown" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-01-26&#x2F;apple-fore...</a>