Apple's profits would fall by almost 30% following a China ban, says analyst

In a note to clients, Goldman Sachs analyst Rod Hall wrote that the Chinese market made up 17 percent of Apple’s sales in its fiscal second quarter and represents 29 percent of the company’s profits. Should the escalating trade war, which has seen President Trump raise tariffs on $200 billion...





from TechSpot http://bit.ly/2VGTAGZ