Apple’s Crumble in China Will Be Hard to Turn Over - News Summed Up

Apple’s Crumble in China Will Be Hard to Turn Over


As Microsoft moves closer to unseating Apple as the world’s most valuable company, the WSJ’s Dan Gallagher looks at the company’s steady rise over the last 10 years. Photo: Associated PressApple’s woes in China, which have caused the company to cut its quarterly sales forecast for the first time in 15 years, may have come as a shock. In truth, we should have seen it coming. That isn’t because investors ought to have identified Apple as a potential victim of the U.S.-China trade fight. There may be some Chinese consumers who have spurned its phones for patriotic reasons in recent months, but the evidence for a widespread Apple boycott is thin.


Source: Wall Street Journal January 03, 2019 09:21 UTC



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