[free652]

For some reason I doubt that you have the right perspective. Chinese are very nationalistic and every non immigrant Chinese I met is pro Chinese government. Netcitizens are even worse.

American are persecuting a company that disobeyed American laws on American soil. No a single Chinese would blink an eye about persecuting American companies in China.

China is having economic issues, that's the major reason in sales' dip.

[ardy42]

> American are persecuting a company that disobeyed American laws on American soil. No a single Chinese would blink an eye about persecuting American companies in China.

Hypocrites exist. The Chinese government was shamelessly hypocritical over the Meng arrest, complaining that it violated her "human rights," [1] while their utter indifference to them has yet again been made clear by the camps in Xinjiang. I doubt everyday nationalistic citizens would be any more thoughtful.

[1] https://www.bbc.com/news/business-46465768: "A Chinese foreign ministry spokesperson told reporters: 'The detention without giving any reason violates a person's human rights.' ... Beijing has itself frequently been accused by rights groups of rights abuses including unexplained detentions"

> China is having economic issues, that's the major reason in sales' dip.

Nationalistic ferver drummed up by the Huawei arrest could compound the sales drop.

[dethac]

So... because China violates the rights of Chinese citizens, the US deserves to violate the rights of Chinese citizens?

It goes both ways. I'm sure we'd all prefer if everyone would just stop violating human rights, but that isn't happening. It's not fair to ignore the US's human rights violations just because of China's, and it's not fair to ignore China's human rights violations just because of the US's. Both governments are hypocritical.

[ksec]

The boycott of American products is very real. What we do not know is how large the impact really are. For example Hermes posted a record quarter in China again, doesn't seems to be hurt by whatever downturn there is in China.

[stephencanon]

Hermès is French.

[newnewpdro]

One would expect them to suffer in China as well if the cause were economic, which I believe is the point the parent is making.

[stephencanon]

That’s a reasonable interpretation, thanks. I’m not sure that it tells us much given that Apple and Hermès are in fairly different markets, unfortunately.

[lern_too_spel]

They're both in the luxury fashion market in China.

[stephencanon]

The population of people who can justify a $1k scarf is a small portion of the population who can justify $1k for the object they use for almost everything, even in China.

[sonnyblarney]

Apple is not quite a luxury good. Hermes is. They are definitely in different categories.

[roboys]

China's economy has less to do with iPhone sales decline than the fact that Apple's smartphone innovation has plateaued. There is no "must-have" feature in the current gen iPhone that requires an upgrade, especially not for $1200+. The jig is up.

Expect AAPL to decline from now on unless they pivot or get some balls and use that stockpiled cash to experiment heavily. Tim Cook is not willing to burn cash on R &D like he needs to maintain a major competitive edge.

[iguy]

Agree that sounds like the leading factor.

There is a line of thinking that the trade war comes at a convenient time PR-wise for the Chinese got. It gives them a scapegoat for domestic economic issues, which they are only too happy to talk up. (But I don't really know anything, and welcome expert correction.)