The U.S. Finally Realize that China Can Block Apple
- Xianli Fu
- Apr 27, 2018
- 2 min read
Is China likely to block Apple? If it is blocked, what kind of result will result? The idea that "Zhongxing was banned" from being moved on the Chinese Internet has also been moved on the American public opinion field.
Three days after the US Commerce Department "blocked" ZTE on the 16th, the Forbes website published an article by Jean Baptiste Su, chief analyst of Atherton Research, a global technology consulting and survey company. Research: If China bans apples to retaliate against US sanctions against ZTE and Huawei, what will happen? Large-scale layoffs and stock market crashes.
At the beginning of the article, Baptiste Su mentioned that at Apple’s latest financial earnings conference call in February, Apple CEO Tim Cook said that the company was in the Chinese mainland as of December of last year. Has created sales "historical record."
Among these, Apple's mobile phone naturally plays a key role. At the same time, sales of the iPad, Mac, and other Apple smart electronic products are also increasing during this period.
The article said that last year, in Greater China, including Hong Kong, Macao and Taiwan regions and China, Apple’s total revenue exceeded 46 billion U.S. dollars, equivalent to 19% of its annual revenue. The Apple mobile phone market share in China is 11%.
If China retaliates against the US sanctions against ZTE and decides to prohibit the sale of Apple products in China on the grounds of national security, what will happen? Baptiste Sue said that with this kind of situation, Apple will lose 19% of its earnings and will lose the world's largest sales market, which will be a powerful growth engine in the future. Not only that, market capitalization will force Apple Corps, headquartered in Cupertino, to lay off 10% to 20%, up to 27,000.

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