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Apple doesn’t need the UK business, but many people will get upset if their iPhone stops working. That’s pretty big leverage.
by croes 2y ago
Apple doesn’t need the UK business, but many people will get upset if their iPhone stops working.
That’s pretty big leverage.
- graemep 2y ago> Apple doesn’t need the UK business, I think shareholders would disagree. Several billion in sales and all assets in the UK are not insignificant. On top if that would be the reaction of other governments to seeing a business successfully defy a government. ait could be them next. >That’s pretty big leverage. True and it shows how foolish governments are to allow such reliance on foreign suppliers.
- croes 2y agoBut how would shareholders react if Apple complies?
- Gupta2 2y ago> their iPhone stops working Reminds of when UK regulator blocked Microsoft from buying Activision. It was suggested by some that Microsoft has lots of power of UK and can threaten to pull out of UK and disable every single Windows PC and server in UK and destroy data belonging to UK businesses held in Azure, etc. Shame it didn't happen, would have loved the reaction from Macron/French/EU given their hatred of US big tech.