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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 years ago

Apple has lost $200 billion in market value over the past two days, in part due to China banning its government from using iPhones 😂

watcher.guru

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Apple has lost $200 billion in market value over the past two days, in part due to China banning its government from using iPhones 😂

watcher.guru

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 years ago
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Apple Loses $200 Billion in Market Value over the Past Two Days
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Tech giant Apple has lost $200 billion in market value over the past two days, in part due to China banning its government from using iPhones
  • Phenyq@lemmygrad.ml
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    2 years ago

    By the way, warious Russian government agencies and companies also were banning iPhones, but nobody was talking about it

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      2 years ago

      I can see this trend spreading quickly outside the west now that alternatives are available.

      • zephyreks [none/use name]@hexbear.net
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        2 years ago

        Domestic smartphone capability isn’t even hard nowadays.

        • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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          2 years ago

          It is if you want to have the whole supply chain end to end. China might be the only country that can produce all the components domestically right now.

          • zephyreks [none/use name]@hexbear.net
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            2 years ago

            What’s the limiting factor? Displays? Semiconductors? Everything else is pretty easy.

            • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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              2 years ago

              From what I’ve read, the difficulty is largely in coordinating production of various different components. Apple not being able to build macs in US because they couldn’t source enough of a particular type of screw is a perfect example of this. Every device like a phone has thousands or millions of different components needed to assemble it. Auditing the whole supply chain to ensure that you can produce all of these components domestically and in sufficient numbers is pretty difficult. China has a huge advantage here because it’s where most advanced manufacturing is happening.

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