As Albanese travels to China, Apple’s results offer a warning
Apple has navigated China better than any other Western big tech firm, but The Breakdown sees results showing that the country isn’t the instant corporate growth fix it used to be.
Sydney | As Anthony Albanese travels to China to stabilise relations with Australia’s largest trading partner, corporate eyes following his journey should look at Apple.
The world’s most valuable public company is one of a tiny number of Western technology companies that have kept growing in the Chinese market. But it disclosed on Thursday (Friday AEDT) that its growth there is faltering, in a warning to the rest of the West about the shifting stakes of investing in China.
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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com
