Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Full Money.

It's the Motley Full Money Radio Show. I'm Chris Hill joining me in studio this week's

Senior Analyst Matt Argusinger and Aaron Bush. Happy New Year, gentlemen. Happy New Year.

It is our 2019 preview. We've got stocks to watch, stocks to avoid CEOs on the hot sea then more.

And of course, a few reckless predictions as always. Before we get to the 2019 preview though,

I think we have to talk about Apple shares of Apple falling 10% on Thursday after CEO Tim Cook warned

investors first quarter revenue is going to be about five to eight billion dollars lower than previously expected.

Several reasons for that, Mattie, the trade war in China, the economic slowdown in China,

the battery replacement program that they had last fall. This was still a pretty shocking development.

Lots of moving parts, but you're right. I think this was pretty bad.

I mean, if you look back just to their guidance back in early November, looking for

between 89 and 93 billion in revenue to come in then at 84 billion. So five billion below the low end

of your guided range. That's a problem. And I think Tim Cook came out and said CEO Tim Cook said that

really 100% of the miss was due to China and a contraction in the smartphone market there.

And I think that's a good excuse because it's probably the right excuse.

And I think investors have been questioning whether or not the iPhone, especially the latest versions of the iPhones,

but the high price tags could really penetrate the smart, the highly competitive smartphone market in China.

And I think we're starting to see the fact that no, that's not really the case.

Yeah, I don't think it's that surprising actually that Apple has China issues. I was just thinking back four years ago,

when Matt and I were talking about China in the context of our supernova portfolio, just talking about opportunities and

concerns. China was a big thing we were talking about. And at the time, we realized that China is a big

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