China bans Apple's iPhones for Government officials at work - WSJAAPL -3.58% Add to/Remove from WatchlistChina has imposed a ban on the use of Apple’s (NASDAQ: ) iPhones and other foreign-branded devices by officials at central government agencies for work purposes or within the office, according to WSJ. The move could have notable implications for foreign brands operating in China, particularly Apple. China accounts for 19% of Apple’s total revenue. This ban expands on previous restrictions in which some government agencies in China had already prohibited the use of iPhones for official purposes. Apple shares are down nearly 1% in premarket Wednesday.
Source: Wall Street Journal September 06, 2023 16:35 UTC