WeChat ban can plunge iPhone global shipments by 30%

US President Donald Trump has signed an order restricting US firms from making any transactions with ByteDance’s TikTok and Tencent’s WeChat. This could be a heavy blow for Apple, resulting in 30% worldwide decline in iPhone sales and a 25% decline in sales of other Apple products. WeChat is critical for users in China and if it will be removed from App Store, iPhone shipments in the Chinese market will seriously be affected, as predicted by the analysts.

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