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Apple can’t quit China, Why?

News Snapshot:

Apple can’t quit China, Why? There has been an inextricable link between Apple and China for more than two decades. Apple’s sales and manufacturing are largely based in the world’s most populous nation. Although the relationship has been mutually beneficial for several years, several cracks are starting to appear this year. As China’s “zero-Covid” strategy takes effect, lockdowns in several parts of the country have disrupted global supply chains and halted production at several factories, including those belonging to Apple’s manufacturing partners Foxconn and Pegatron. During the last earnings call in April, [Tim Cook](//en.wikipedia.org/wiki/Tim_Cook) warned that China’s supply chain bottlenecks…

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