On Monday, a Global Political Risk’s leading expert stated that eventually Apple may find the doors of China shutting for them. Eurasia Group’s president and founder Ian Bremmer had told the Squawk Box of CNBC that this was very much possible. This comment was passed just a day before the quarterly earnings of the tech giant was scheduled to be released.
He went on to say that it would surprise him if in 5 years time, we say Apple having access like how they currently have to Chinese consumers later on. He also stated that a scenario could be foreseen by him that just like how Facebook presently has issues with China, the same may happen with Apple. In China, Facebook is currently banned.
As per what Bremmer said, he felt that people misunderstood the tech involvement nature of the Chinese’s. Just after 6 months of the launch Apple’s iTunes Movies and iBooks, earlier in the month it already leads to the closure of the services in China.
It was also reported by the New York Times that the company thought that apparently the Chinese government had given them the approval however the muscle of the regulator flexed. He also felt that that the overall privacy strategy of the company could further create problems in China He stated that Apple was planning to create such a system where nobody could access the data of the user as it would be just in the iCloud. For the Chinese, this would be antithetical considering that they want to go anywhere.
There will also be questions that would be asked by people once they figure this out and the iPhone evaluation is being done with access to the consumer market that is considered to be the biggest in the world. In order to gain access, the company will either have to come up with a new model.