Apple Removes Apps from China Store That Help Internet Users Evade Censorship

Re:Apple Removes Apps from China Store That Help Internet Us... by seanmcdirmid on Saturday July 29, 2017 @10:39AM (#14881428)

They get what...30-40% of their profits from China?

Here is how it would play out: Tim announces they are leaving China, Apple stock loses 90% of its value overnight, Tim is removed as CEO, new CEO comes in and says they are staying in China, Apple stock recovers 70% of its value.

So ya, even if Apple isn't selected out, Tim certainly would be. You are suggesting actions that a publicly traded company just cannot make. Don't try to outsource such morality to companies, they don't have the ability to act like that and exist at the same time.

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Re:Apple Removes Apps from China Store That Help Internet Us... by ac29 on Saturday July 29, 2017 @12:28PM (#14881910)

>They get what...30-40% of their profits from China?

~20% in Q117, down 12% from Q116 [0]. China is their only shrinking market (at least at the granularity of data provided).

[0] https://www.apple.com/newsroom/pdfs/Q1FY17DataSummary.pdf

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Re:Apple Removes Apps from China Store That Help Internet Us... by seanmcdirmid on Saturday July 29, 2017 @01:54PM (#14882265)

So 32% one year ago, 20% today. China is much more sensitive to the iPhone release schedule than other markets, their drop in china has more to do with a meh on the iPhone 8 than anything else.

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Re:Apple Removes Apps from China Store That Help Internet Us... by sievebrain on Saturday July 29, 2017 @12:59PM (#14882047)

And Apple is one of the most profitable companies in the world no? They can't spend the money they earn. They could lose 20% and still not be able to spend what they make.

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