Steve Jobs' Biographer Says Apple Would Be 'Most Hurt' In US-China Crossfire: 'We've Been A Little Bit Too Dependent'
Portfolio Pulse from Benzinga Neuro
Walter Isaacson, a well-known biographer, has stated that Apple Inc. (NASDAQ:AAPL) could be the most affected US company if economic tensions between the US and China continue to rise. Isaacson believes that Apple will find it challenging to decrease its reliance on China, which manufactures the majority of its products. His comments come after reports of sluggish iPhone 15 sales in China and difficulties faced by Apple's production side in the country.
October 25, 2023 | 4:23 am
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Apple Inc. could face significant challenges due to its heavy reliance on China for manufacturing its products. Rising US-China economic tensions could negatively impact the company's operations and sales in China.
Apple's heavy reliance on China for manufacturing its products makes it vulnerable to rising US-China economic tensions. Any disruption in its operations or sales in China could significantly impact the company's overall performance.
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