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Decentralizr@lemmy.world to Apple@lemmy.worldEnglish · 2 years ago

JUST IN: 🇨🇳 Apple lost $200 billion in market value over the past two days after China banned its government from using iPhones.

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JUST IN: 🇨🇳 Apple lost $200 billion in market value over the past two days after China banned its government from using iPhones.

Decentralizr@lemmy.world to Apple@lemmy.worldEnglish · 2 years ago
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  • nxdefiant@startrek.website
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    2 years ago

    They’re still worth almost 3 trillion, I’m sure they’re fine.

  • CookieJarObserver@sh.itjust.works
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    2 years ago

    If your company depends on Chinas market that heavily it breaking off is a good thing for everyone.

  • chase_what_matters@lemmy.world
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    2 years ago

    I don’t know why OP posted this without sharing a link.

    https://www.nytimes.com/2023/09/07/business/iphone-ban-apple-china.html

    https://fortune.com/2023/09/07/apple-market-value-200-billion-lost-china-government/amp/

    https://finance.yahoo.com/amphtml/news/china-govt-employee-iphone-ban-152402525.html

  • Hazdaz@lemmy.world
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    2 years ago

    Hey Apple, why don’t you build more of your products over there!

    • Neon 🏳️‍🌈🇺🇦🇪🇺🏳️‍⚧️🇹🇼🇮🇱🏳️‍🌈@lemmy.world
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      2 years ago

      they’re actually moving away from China!

      • Hazdaz@lemmy.world
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        2 years ago

        They are moving SOME production out of China, but they will never totally pull out.

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