If China closes its market, Apple will lose almost a third of its revenue

The trade war between China and the United States has been going on for more than a year and is not in a hurry to end. Until recently, the parties were mostly “exchanging” the increase in duties on goods. However, experts note that in the future the situation may become more complicated. For example, China can close its market to American companies.

Analysts at investment bank Goldman Sachs estimate that if China closes its domestic market for Apple, the Coopertinos will lose about 29% of their revenues.

At this stage it is too early to talk about the full closure of the Chinese market for individual companies. The Chinese authorities have not yet made official statements. However, experts believe that after the situation with Huawei such probability exists. And even in the absence of sanctions or bans, the shares of large American companies have already started to fall in price.

According to analysts of the investment bank Goldman Sachs, in the near future the shares of the Apple company will lose in price about 5-6 dollars – the value of securities should fall from 184 to 178 dollars. At the same time, the fall may continue, especially if the situation between the U. S. and China will remain tense, but at the same time uncertain until the end.

Joshua

About: Joshua

Hello. I'm a tech writer,geek and Apple fan have been blogging and writing in these niches since 2010. Hope we'll become friends.