Technology
WeChat ban ‘could cost Apple 30% of global sales’ – Asia Times
A widely-followed Taiwanese stock analyst warns that Apple’s smartphone sales will fall by almost a third if the American giant removes WeChat from its app store under a US government directive. Mi…
A widely-followed Taiwanese stock analyst warns that Apples smartphone sales will fall by almost a third if the American giant removes WeChat from its app store under a US government directive.
Ming-Chi Kuo, an analyst with TFI Securities, wrote in an August 10 letter to clients that Chinese customers would shun the iPhone if the WeChat app were not available. China accounts for 30% of iPhone sales and 15% of Apples total revenue as of the second quarter of 2020. Kuos remarks were first reporte…
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