Apple’s Chinese troubles

No american company makes as much money in China as Apple. While few make that much money at all, Apple raked in $44bn of revenues in Greater China during the 2019 financial year, mostly from selling iPhones. That is more than the global sales of United Airlines and Nike and about as much as Tencent, a domestic tech giant. Few countries have as much power as China to shape Apple’s fortunes.
Read more: https://www.economist.com/business/2020/02/20/apples-chinese-troubles?source=Snapzu