Re:Apple asks suppliers to shift AirPods, Beats production t...
by heavyset_go on Wednesday October 05, 2022 @08:22PM
(#33102889)
AAPL is a good chunk of the S&P 500, close to 10% of its market cap.
I don't think a loss of value to the tune of $2.5T would go well for the US economy.
I don't think either country cares much about unemployment, but the US, at least, has a history of going to great lengths to maintain the value of its assets.
And I'm sure there are companies eagerly awaiting to get the business Foxconn turned down because Apple outbid them or made favorable agreements.
I don't think a loss of value to the tune of $2.5T would go well for the US economy.
I don't think either country cares much about unemployment, but the US, at least, has a history of going to great lengths to maintain the value of its assets.
And I'm sure there are companies eagerly awaiting to get the business Foxconn turned down because Apple outbid them or made favorable agreements.