WeChat ban could impact Apple’s global iPhone shipments: Analyst predicts
Besides TikTok, President Donald Trump has banned US transactions with WeChat and its parent company Tencent by issuing an executive order last week. As per a latest research note from analyst Ming-Chi Kuo, first reported by MacRumours, the ban on WeChat can impact iPhone shipments globally for bad.
According to Kuo, Apple’s “annual global iPhone shipments could decline by 25–30 per cent if it is forced to remove WeChat from its App Stores around the world”.
In the report, Kuo highlights “optimistic and pessimistic scenarios depending on whether Apple is only required to remove WeChat from the App Store in the United States or if the ban would apply to the App Store in all countries.”