In China unable to ban sales of Apple technology
According to us media reports referenced by GizmoChina, the Chinese government is considering the introduction of a ban on the sale of Apple products in their country. This can be formally explained that the «national security», but in fact will be a response to US actions, the authorities which blocked the exit of Huawei on the local market and imposed severe restrictive measures against ZTE. Earlier, explaining it’s all the same «national security», the Chinese authorities banned the use of Apple technology used by the government. In fairness, we note that «national security» in this skirmish are covered by the other side.
The loss of the Chinese market will be a significant blow for Apple: China accounts for 19% of sales. Of course, even such a drastic reduction in sales will not lead to the collapse of Apple, but the company likely will have to cut some staff (at least those who were responsible for China). At the same time, Chinese producers will certainly rush to close the resulting gap, so we will see an explosion of diversity expensive models from Chinese manufacturers.