Is Apple Facing Another Trade War Related Hit in China?
Reportedly last week the U.S President banned U.S companies from working with Huawei possibly making business operations a bit more difficult for Apple Inc. in China. Trump’s decision could trigger a strong reaction from China, primarily by banning Apple products or by imposing production restrictions on Apple in China, as predicted by Goldman Sachs analysts. Apple could lose out on a third of its earnings, if China imposes a ban on its products, as per reports. The Analysts also predict stressed trade relation between the global giants could possibly affect Huawei which would mean future Huawei’s handsets will have to run without Google’s Android operating system and Play app store. Additionally, Huawei would also lose out on working with chip makers Qualcomm Inc. and Intel Corp. Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To Learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here! week7(8)