Why Apple is in significant trouble if Trump keeps attacking China in the trade war
https://finance.yahoo.com/news/why-apple-is-in-significant-trouble-if-trump-keeps-attacking-china-in-the-trade-war-182004326.html
The First Trade. “Unless Apple could diversify beyond its dependence on China and Asia, it’s going to be a downhill story for them.”" data-reactid="18">“I think Apple is in significant trouble in China. And this explains why they are trying to diversify their Asian footprint,” China expert and author Parag Khanna said on Yahoo Finance The First Trade. “Unless Apple could diversify beyond its dependence on China and Asia, it’s going to be a downhill story for them.”
Apple’s out-sized dependence on China should be obvious to anyone that could read an annual report. The Tim Cook-led tech company relies on hundreds of suppliers in China to produce its iPhone, iPad, Apple Watch, and other tech gadgets. The Apple production model has for years been centered on making products for as cheap as possible mostly in China, and then profiting from big markups on U.S. consumers.