China's foreign ministry has issued a formal yet vague statement about the iPhone ban saga, which may or may not help the situation. The last three days have been tumultuous for Apple, following reports that the iPhone was no longer welcome in China's governmental offices and state-run businesses. Apple stock has been hammered on the news, despite it being likely that it wouldn't hurt sales much, with the company losing about $250 billion in market capitalization in just two trading days.And, a ...
China's foreign ministry has issued a formal yet vague statement about the iPhone ban saga, which may or may not help the situation. The last three days have been tumultuous for Apple, following reports that the iPhone was no longer welcome in China's governmental offices and state-run businesses. Apple stock has been hammered on the news, despite it being likely that it wouldn't hurt sales much, with the company losing about $250 billion in market capitalization in just two trading days.And, a ...
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