Guo Mingxu: if Apple blocks wechat globally, annual iPhone shipment may drop by 30percent

category:Finance
 Guo Mingxu: if Apple blocks wechat globally, annual iPhone shipment may drop by 30percent


Guo said that Apple had removed wechat from Indias app store in response to the governments request, so it would not be a surprise if the US government asked apple to remove wechat from the app store. According to the administrative order, Apple may be forced to remove wechat from the global app store because it is forbidden to have business with wechat.

He said that the U.S. governments ban on wechat had the greatest impact on the iPhone among Apples hardware products. Pessimistic estimates, iPhone shipments will decline 25-30%; optimistic estimates, iPhone shipments will decline 3-6%. The pessimistic scenario is that Apple removes wechat from the global app store, while the optimistic scenario is that apple only removes wechat from the US app store. Guo advised investors to reduce at least certain apple supply chain stocks to reduce portfolio risk. From todays A-share opening, apple industrial chain leader Lixun precision fell more than 5%, huanxu electronics, gol shares also fell 4%.

He said that the U.S. governments ban on wechat had the greatest impact on the iPhone among Apples hardware products. Pessimistic estimates, iPhone shipments will decline 25-30%; optimistic estimates, iPhone shipments will decline 3-6%.

The pessimistic scenario is that Apple removes wechat from the global app store, while the optimistic scenario is that apple only removes wechat from the US app store.

From todays A-share opening, apple industrial chain leader Lixun precision fell more than 5%, huanxu electronics, gol shares also fell 4%.