Early this morning, one of the biggest drivers of market volatility was Apple Inc. (AAPL), which disappointed investors by slashing their revenue forecast dramatically. AAPL appears to be trying to manage the conversation around the reasons for that, as they attributed the largest portion of the decline to weakness in China. That is clearly spooking the market today, as this news seems to add credence to the notion that China’s economic slowdown is starting to have a long-feared trickle effect on U.S. multinationals. There is an interesting element of the story, however that I think is being overlooked quite a bit by most investors and that could represent an interesting long-term opportunity. More →