7

Apple’s Struggles In China Are ‘Less About Apple And More About A Much Bigger Geopolitical Kerfuffle,’ Says Former Bumble Advisor: ‘Solid Business That Has Slowed’

Managing Director of Cleo Capital and former senior advisor at Bumble, Sarah Kunst recently commented on Apple Inc.’s (NASDAQ:AAPL) ongoing challenges in the Chinese market, attributing them to larger geopolitical issues. What Happened: On Tuesday, Kunst, managing director at Cleo Capital, spoke during CNBC’s “Last Call’ where she shared her insights on Apple’s situation in China. “Apple’s story in China is less about Apple and more about a much bigger geopolitical kerfuffle.” Kunst added that this is a part of China’s bigger retaliatory behavior as TikTok faces a potential ban in the U.S. “Apple has a solid business that has slowed,” says Cleo Capital’s @sarahkunst on Apple’s recent struggles in China, “Apple’s story in China is less about Apple and more about a much bigger geopolitical kerfuffle.” pic.twitter.com/7SVmsij7pL — Last Call (@LastCallCNBC) March 26, 2024 See Also: Elon Musk Shifts Focus …Full story available on Benzinga.com