This could not remain without a trace, and now China is preparing an answer for Google and Apple. What do successful analysts think in this regard in the world of finance?
Everyone will suffer!
The other day, representatives of the investment bank Goldman Sachs shared with the public the probable events that await large giants in the near future. Analysts are confident that the sanctions imposed against Huawei will lead to significant losses in Apple's revenue. Experts believe that the American company will suffer losses, up to $ 17 billion, which is about 30% of the brand’s annual earnings. This is in the event that China responds with a complete ban on the sale of apple products in its vastness. So far, there has been only a simple bikot, for now ... It is important to understand that about 17% of all Apple products are sold in China.
In addition, due to the blacklisting of Huawei, they will begin to develop their own software. By abandoning Google products, the latter will also suffer significant losses. The search giant is definitely used to Huawei products.
Thus, the economic confrontation is gaining momentum, and it is still difficult to imagine what the consequences could entail.
