Analyst: WeChat ban “could cost Apple 30% of worldwide sales”.

US President Donald Trump has threatened to ban the messenger WeChat in the USA – on the grounds that the app poses a threat to national security. This could mean that smartphone software giants like Apple Inc. would have to remove WeChat from their app stores. For the US company, this could result in a sharp drop in sales, says Ming-Chi Kuo, analyst at TFI Securities. According to the Asia Times, he warns that Chinese customers would no longer buy the iPhone if the WeChat app was not available. China accounts for 30% of iPhone sales and 15% of Apple’s total revenues (as of Q2 2020).

Read more at AsiaTimes.com