A couple of factors have created the weak sales environment in China for the Apple iPhone, which led Apple to cut its guidance on fiscal first quarter revenue. The U.S.-China trade war is one piece of the puzzle, as is the backlash to the arrest of Huawei CFO Meng Wanzhou on a U.S. warrant. Several companies in China are fining employees who buy an iPhone, and are subsidizing the purchase of phones made by Huawei or other Chinese manufacturers.
In addition, a court in China has imposed an importation and sales ban on the iPhone 6s up to the iPhone X after finding ...
Thursday, 3 January 2019
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