Apple `disproportionately impacted` by US-China `Cold Tech War`
(iMore iPhone)

`Apple has nearly all its iPhone production within China as part of its flagship Foxconn factory and Chinese consumers represent roughly 20% of all iPhones sold worldwide` What you need to know An analyst says that Apple stands to lose more than most in the `Cold Tech War` going on between the U.S. and China. Dan Ives at Wedbush says Apple and Tesla are `disproportionately impacted` by the issues. A new report from Wedbush analyst Dan Ives says that Apple and Tesla stand to lose more than most in the ongoing `Cold Tech War` raging between the U.S. and China. In a recent investors note first shared by 9to5Mac Ives writes: Tesla and Apple remain in the crossfire on the ongoing Cold Tech War. While the current tensions have many implications for US companies/consumers, the two US companies disproportionately impacted by this Cold Tech War are clearly Apple and Tesla. Apple has nearly all its iPhone production within China as part of its flagship Foxconn factory and Chinese co...