sacto joe

mpantone said:

Let's make one thing very, Very, VERY clear.

There's a differing level of credibility between the following groups (ranked from highest to lowest):

• Opinions from analysts whose firms actually have investing clients. These are people who are paid to increase client portfolios.
• Opinions from analysts whose outside research firms. These are people who are paid to sell reports.
• Opinions from print media. These are people who are paid to sell periodicals.
• Opinions from online media (including bloggers, vloggers, etc.). These are people who are paid for pageviews/ad impressions.

The latter are the least credible.

If you really understood the financial markets, you'd be making a hell of a lot more investing rather than writing.

tmay said:

gatorguy said:

Android OEM Samsung last year ceded the Chinese market to the home-grown OEM's rather than continue to fight a losing battle against those state-supported low-cost manufacturers. They no longer depend on Chinese sales for any significant income and haven't for some time. Add to that Samsungs wise choice a decade ago to rely less on Chinese factories and more on Vietnamese ones that now account for half of the devices Samsung sells.

As it turns out Samsung may be impacted less than Apple, better positioned to weather the "Corona-virus effect" as they have less exposure to and dependence on China. 

I posted this before, which is relevant to both Samsung and LG sales;

https://www.scmp.com/week-asia/geopolitics/article/2120452/china-wins-its-war-against-south-koreas-us-thaad-missile

"Seoul signs up to military constraints in return for Beijing lifting economic sanctions, setting a worrying precedent for China’s regional rivals"

and this;

https://www.scmp.com/week-asia/politics/article/2114232/beyond-thaad-real-reason-why-china-angry-south-korea

"China clearly won’t let South Korea forget its displeasure at the deployment of THAAD (Terminal High Altitude Area Defence), which China insists can be used to spy on its own missile programmes. The approval of the system deployment was given by Moon’s predecessor Park Geun-hye

in July 2016. The first two THAAD batteries went operational in April this year. In the wake of escalating North Korean provocations, the Moon administration is to deploy four more. In retaliation, Beijing is effectively embarking on economic sanctions. Apart from the pullback of Chinese tourists, Lotte’s business in China has taken a hit, while sales of Korean restaurants in the Beijing area have plunged by a third year-on-year and sales of Hyundai and Kia Motors have fallen by half. Many small and medium-sized Korean businesses in China are leaving the country."

...

"But this stage of the complementarity-driven expansion of economic ties seems to be over, giving way to rivalry. Having increased its exposure to China, the export-oriented South Korean economy is grappling with the “China challenge” rather than capitalising on the “China opportunity”. Chinese companies are directly competing with their South Korean counterparts in the areas where the latter used to dominate."

THAAD;

https://missilethreat.csis.org/system/thaad/

It's a little bit more complex than just China has home grown OEM's that Samsung has to compete with, and belies the nature of trade with China, which eventually becomes adversarial.

I will state that Samsung is in an excellent position to dominate sales outside of China vs Huawei, which will be constrained by lack of Google Services, but Apple sales will likely be only deferred for the short term if there are indeed supply chain issues.

wizard69 said:

Anilu_777 said:

k2kw said:

applesauce007 said:

The most important thing must be the well being of the employees and not quarterly profits.
One more outbreak and it's game over.

Good thing that the Tariffs that Trump threatened motivated Apple to move some production to India.

I read that plans to shift production to Vietnam hadn’t proceeded when tariffs were relaxed. Don’t know how true that is though. 

Doesn’t matter one bit, Apple needs to address its involvement in China even if Trump did nothing.   

There are two issues.   First; from the standpoint of business it is never good to have all your eggs in one basket.  Second; Apple must address the hypocrisy of doing business in China and crying about human rights at the same time.  

Apple needs to get out if China or admit that the government there is hostile to everything it protests to believe in.