Icahn has a point that China may engage in protectionist strategies to protect its local handset manufacturers. The SE is really going to put a hurting on them. And Apple can drop the price of the 6s and the 7 by a $100 and still make a great profit while squeezing local manufacturers which are presumably struggling to make a profit like all the other Android manufacturers other than Samsung.
Also China is going to have more and more issues as Apple makes greater profits through Services including App store sales. China intentionally allows copyright violations so that its citizens can get content made in the West at cheap prices that its Citizens can afford. The App store doesn't allow that circumvention.
Also China is going to have more and more issues as Apple makes greater profits through Services including App store sales. China intentionally allows copyright violations so that its citizens can get content made in the West at cheap prices that its Citizens can afford. The App store doesn't allow that circumvention.