Apple could launch AR glasses as soon as 2020. — AFP Relaxnews
Apple Inc’s earnings could fall 26% in its 2020 fiscal year if China bans sales of the iPhone, according to Cowen, the latest firm to paint a dramatic picture of the tech giant’s risk in the event that trade tensions between the U.S. and China deteriorate further.
While Wall Street has fretted over Chinese demand prospects for the iPhone for months, the issue has gained urgency after the Trump administration blacklisted Huawei Technologies Co, raising the prospect of reprisals.
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