Recently, the President of the United States Donald trump announced about readiness to continue to raise tariffs on imports of Chinese goods. He also urged us companies to leave the country. This, of course, applies to Apple. The company has already started transferring production facilities outside of China, but seem to complete it very soon.
Experts Wedbush calculated that the transfer 5-7% of the production program iPhone from China to India or Vietnam will take at least 18 months. Moving 20% of production for almost three years, but the transfer of half to five years.
It is worth noting that while the statements trump Apple bears only loss. First, the transfer of production is not the most profitable venture. Secondly, the statement of the President affect the company’s stock is not for the better.
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