The continuing trade war between the United States and China could demand a significant toll on Apple (NASDAQ: AAPL) per trade.
Per report Nikkei Asian Review after the arrest of Huawei CFO Meng Wanzhou in Canada at the request of the United States, "[many] Chinese companies have informed their employees that they will receive subsidies if they Huawei -Smartphones buy to get the support company. "
These subsidies should be between 1
Here's the reason If you're an Apple shareholder, this message should be a break for you.
Apple's China Engagement
Apple is doing a lot of business in China. The company reported sales of approximately $ 52 billion in the Greater China region in fiscal 2018, accounting for approximately 19.6% of sales, according to the company's most recent annual filing. Of the five geographic regions for which Apple provides sales, Greater China is the third largest company after Europe and America.