Apple’s earnings would drop by nearly 30% if China bans its products, Goldman Sachs says | WHAT REALLY HAPPENED


Apple’s earnings would drop by nearly 30% if China bans its products, Goldman Sachs says

Analyst Rod Hall said in a note that Apple earnings could drop 29% if the company’s products were banned in mainland China.

Apple’s China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion.

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