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I understand Apple’s reliance on Chinese manufacturers, but at the same time, aren’t they sitting on roughly a quarter-trillion dollars in cash [0]? If Apple ca
by _iyig 7y ago
I understand Apple’s reliance on Chinese manufacturers, but at the same time, aren’t they sitting on roughly a quarter-trillion dollars in cash [0]? If Apple can’t use such wealth to pivot production away from China, or at least feel confident in this option as a contingency plan, then who can?
[0] https://www.cnbc.com/2019/01/29/apple-now-has-tk-cash-on-hand.html https://www.cnbc.com/2019/01/29/apple-now-has-tk-cash-on-han...