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Can you elaborate on the importance and how that factors into Apple’s strategy? Saying that China is important and Tim Cook is Very Smart doesn’t make for a ver
by weberc2 7y ago
Can you elaborate on the importance and how that factors into Apple’s strategy? Saying that China is important and Tim Cook is Very Smart doesn’t make for a very enlightening comment nor a suitable rebuttal. If you’re onto something, I’d like to know what! :)
- sremani 7y agoCost of doing business. Hedging a no deal scenario.
- toasterlovin 7y agoChina is already Apple's second largest market. Right now China's GDP per capita is about $9,600. South Korea has a GDP per capita of about $31k and Japan has a GDP per capita of about $39k. Assuming that China reaches those levels at some point in the not too distant future (which seems likely given cultural and genetic similarities), China will be Apple's largest market. And they will be where Apple manufactures most of its products. At that point, China will be as important to Apple as the U.S., possibly more so. This is the long game that Tim Cook is playing.