As a company, Apple (AAPL) is usually bulletproof. Unfortunately, the iPhone maker is hopelessly stuck in the middle of the U.S.-China trade war, and the real “shooting” has only just begun. Apple is a prime beneficiary of globalism. It deploys assets where return on investment is greatest. This means its products are designed in Silicon Valley, components are sourced in Asia, and finished goods are assembled by partners in Chinese factories. It’s a great business model ... but one that the Trump administration wants to blow up. Jack Ma is the founder and executive chairman of Alibaba (BABA), a $410 billion Chinese e-commerce giant. Although he does not write computer code or have extensive business experience, he amassed a $35 billion fortune by getting big trends right. At an investor conference last week ...To read the rest of Jon Markman’s article, click here...
Governments search for trouble at Google, Facebook
Extremism is on the rise globally. Instead of attacking the root cause, politicians are increasingly scapegoating big technology companies. Jean-Claude Juncker, ...Read more
