<p>Morgan Stanley said on Friday Apple could see at most a 4 per cent hit to its revenue this year after China widened existing curbs on the use of iPhones by state employees.</p>.<p>Analyst Erik W Woodring said Apple's share losses in the last two days were "overdone" as he does not believe the curbs will lead to something broader. </p>
<p>Morgan Stanley said on Friday Apple could see at most a 4 per cent hit to its revenue this year after China widened existing curbs on the use of iPhones by state employees.</p>.<p>Analyst Erik W Woodring said Apple's share losses in the last two days were "overdone" as he does not believe the curbs will lead to something broader. </p>