Wednesday, May 22, 2019

Goldman Sachs: Apple Earnings To Be Hit If China Retaliates With Ban

An analyst at Goldman Sachs Inc. has warned that Apple Inc.'s earnings could drop by 29 percent if China were to retaliate in the trade war against the U.S. with a ban on sales of Apple products in that country. The iPhone maker's China business accounted for 17.6 percent of its total sales in the recent second quarter.

from RTT - Earnings http://bit.ly/2VJT6Qq
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