Apple Earnings Could Be Cut 29% on China Ban, Says Goldman
An Apple Inc. logo hangs above the entrance at the Fifth Avenue store in New York, U.S (Photographer: Jin Lee/Bloomberg)

Apple Earnings Could Be Cut 29% on China Ban, Says Goldman

(Bloomberg) -- Apple Inc.’s earnings would take a 29% hit if China were to retaliate against the U.S. with a ban on sales of the iPhone maker’s products, Goldman Sachs estimated.
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