Trusted insider says iPhone sales could take a massive hit following Trump’s new ban

[Chris Smith]

• A WeChat ban on iPhone following Trump’s executive orders that target two major Chinese companies could hurt Apple’s iPhone sales significantly, says an insider.
• Analyst Ming-Chi Kuo warns that Apple could see a drop in global iPhone sales as big as 25-30% should Apple have to remove the popular chat platform from the App Store.
• WeChat is China’s most popular instant messaging application, supporting plenty of additional features that make it a must-have app on iPhone and Android.

President Donald Trump signed two executive orders on Friday that prevent any US transactions with two massive Chinese tech companies in the latest development in the tech war between the two countries. ByteDance is the maker of TikTok, the popular social network that Trump targeted initially. But the administration’s second executive order concerns another Chinese tech conglomerate, Tencent. The implications of the Tencent ban are even more significant, as the company happens to be the maker of a must-have chat app in China and an investor in several US companies. WeChat is the instant messaging platform that runs on iPhones and Androids alike in China, as well as other countries. In case the ban will force Apple to remove WeChat from the App Store, iPhone users would have no legitimate way to install the app. A trusted insider says this move alone could significantly impact Apple’s iPhone sales.

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Trusted insider says iPhone sales could take a massive hit following Trump’s new ban originally appeared on BGR.com on Mon, 10 Aug 2020 at 06:50:01 EDT. Please see our terms for use of feeds.

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