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Here are all the terrible things Apple CEO Tim Cook had to say about the global economy

Jan 27, 2016, 18:07 IST

Flickr/Annette Bernhardt

Apple reported earnings on Tuesday and the biggest story is what CEO Tim Cook had to say about the global economy.

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On Tuesday afternoon Apple reported revenue that missed expectations and guided to an 11% year-on-year sales decline in the current quarter.

But given Apple's global footprint, it was Cook's extensive commentary on the conference call about just how hard things have been for the company in the current economic environment that turned heads.

"Our results are particularly impressive, given the challenging global macroeconomic environment," Cook said. "We're seeing extreme conditions unlike anything we've experienced before just about everywhere we look."

Cook added (emphasis ours):

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