dcdaniels
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Apple's guidance correction in China would be great news from Samsung
lenn said:China has been taking advantage of the US markets for many decades restricting/charging huge tariffs for products made in the US and past US Presidents and Congress have done NOTHING to change this. President Trump has said enough of this! In order to bring about a level playing field between China and US trade there is going to be some suffering. But this is the only way to force communist China to change it's way. Apple will survive. They might have to lower their sky high margins and lower the outrageous prices on their iPhones but in the end an even playing field between the US and China will only help America and it's workers.
Let's remember that Apple and so many other countries moved all their manufacturing to China years ago to get away from US EPA and labor regulations here in the US. Apple talks a big game but they like China because of it's cheap labor and little to no environmental regulations not to mention all the labor lawsuits they would face here in the US.Read the linked report and get back to me on Apple relocating to skirt environmental and labor regulations:Apple performed 756 environmental and labor assessments of supply chain facilities in 30 countries last year. No other company comes close...Yes, Apple has a significant percentage of their supply chain in China, but it is also a major market. There is no question in my mind that Trump's policies are doing damage to Apple. There is great risk in placing hurdles in front of Apple with respect to affordability of Apple for Chinese consumers and creating battle lines that put APple in a bad light in the eyes of Chinese consumers. Once they move to another (non-US-based) brand (Samsung, Huawei, etc), it will be very hard to get them back.