The company said it would continue to focus on growing its middle-market businesses.
Other airlines also saw their shares decline amid fears of a global slowdown.
CEO Tim Cook says the revenue shortfall "is over 100 percent from iPhone and it's primarily in greater China."
Darden's "back to the basics" strategy boosted its Olive Garden brand but Cheddar's Scratch Kitchen continues to struggle.
Growth in Oracle's cloud-computing business, however, still lags behind rivals such as Workday and Salesforce.
While Lowe's is streamlining its business, it "still has to address its status as a second-fiddle retailer."
The retailer plans to focus on the "healthy core" of Gap specialty stores while exiting "those that do not fit the future vision quickly.”
The retailer has been one of Wall Street's hottest stocks this year but investors may be jittery over promotional spending for the holiday season.
The company's Q3 net loss widened to $1.07 billion as it continued to expand its Uber Eats food delivery service and new transportation offerings.
The group says its new standards are “an important milestone for global capital markets,” combining industry specificity with financial…