After the big news of Huawei trade ban imposed by the US
government, many complicated things starting to happen.
Many inverters are concerned now because Huawei gained
public popularity very slowly and now it is the second largest smartphone brand
in the world.
That is not the news, real news is now China did not respond
yet but the great analyst, Goldman Sachs predicted a piece of bad news for
apple company, saying that Apple’s profits could be hurt by China to as much as
29% if it fires back on the recent ban.
Commenting about the Apple’s future Goldman Sachs did share
his thoughts about the company saying it could lose 29% of its all profits if
China reacts to its ban on Huawei.
China can put a ban on the sale of Apple products in all
over the country, he also mentioned that 17% of Apple’s sales are coming only
from China and if a little overcome appeared in upcoming days that will affect
Now China is assembling the Apple products apparently Macbooks, iPhone, iPods and including other main products.
Just like the PUBG game China could put a restriction in a
country on usage and sale of Apple products, Apple is number one Brand in the
USA and third largest brand in the world.
The trade war between the superpowers is not advised by the
big investors. China has the ball in its court now and it could make a big move
but the analysts are not advising China to do so.
This step could leave a negative impact on both countries
also affect the other investors, but that could also leave an effect on China
tech ecosystem and for its employment system.
There is no denying that China will show a little effort to
lift its ban on Huawei by the USA, also there is no clarity what is going to
happen next and everyone is watching closely Chinese officials now.
Not just Apple so many other renowned brands have
manufacturing units in China. If China decided to do so and put a ban on USA
products that could hurt Apple but also hurt the other companies which have
nothing do to with this fight.
Passing the USA put a ban on Huawei that led to huge seen, China’s Huawei is officially out of business in the US, also with other top companies like ARM, Google, Microsoft, and other big brands.
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