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Comment by FredPret

Apple’s revenue was over 100B last quarter (https://valustox.com/AAPL) and about 380B over the past four quarters.

Looks like they make about 30% of that in Europe.

Sounds like about 80% of their headaches come from Europe.

If they get fined 10% of 380B, and the EU becomes ever more fine-happy, it will at one point make sense to simply shut down in Europe.

As an aside, it’s baffling to me why an aging continent with a sluggish economy would want to start a trade war with its only friend.

parent FredPret 2 years ago

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