4 ms·

I don't think Apple is going to die if they don't sell in China.

• seanmcdirmid 9y ago
  They get what...30-40% of their profits from China? Here is how it would play out: Tim announces they are leaving China, Apple stock loses 90% of its value overnight, Tim is removed as CEO, new CEO comes in and says they are staying in China, Apple stock recovers 70% of its value. So ya, even if Apple isn't selected out, Tim certainly would be. You are suggesting actions that a publicly traded company just cannot make. Don't try to outsource such morality to companies, they don't have the ability to act like that and exist at the same time.
  • ac29 9y ago
    >They get what...30-40% of their profits from China? ~20% in Q117, down 12% from Q116 [0]. China is their only shrinking market (at least at the granularity of data provided). [0] https://www.apple.com/newsroom/pdfs/Q1FY17DataSummary.pdf https://www.apple.com/newsroom/pdfs/Q1FY17DataSummary.pdf
    • sievebrain 9y ago
      And Apple is one of the most profitable companies in the world no? They can't spend the money they earn. They could lose 20% and still not be able to spend what they make.
    • seanmcdirmid 9y ago
      So 32% one year ago, 20% today. China is much more sensitive to the iPhone release schedule than other markets, their drop in china has more to do with a meh on the iPhone 8 than anything else.