Pocketnow Daily: Apple Ban from China being considered?! (video)

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Story of the day:

Worst-case scenario for AAPL in China is 29% profit drop, warns Goldman Sachs

China may be aiming to answer to the US by banning Apple products sold in China. This could mean that Apple would lose a total of 29% profit drop immediately. That’s around $15B less for Apple a year. On a worst case scenario China could also ban them from producing products in China but it would mean a loss for the Chinese economy.

 


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About The Author
Samuel Martinez
A former bilingual teacher that left the classrooms to join the team of Pocketnow as a news editor and content creator for the Spanish audience. An artist by nature who enjoys video games, guitars, action figures, cooking, painting, drawing and good music.