Apple’s China Risk: $43 Billion

china money

Doing the right thing can be expensive.

And not only for the NBA.

Last quarter Apple sold $9 billion dollars worth of iPhones, accessories, and services in China, down from $10.2 billion in Q2 and $13.2 billion in Q1. For the whole year, assuming it sells about $10 billion in the current quarter, Apple will pull in a Delta Airlines or American Express worth of revenue from greater China: almost $43 billion.

Get the full story in my post at Forbes …

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John Koetsier