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Apple earnings at risk of 29% hit if China retaliates to Huawei ban, Goldman says

Ciara Linnane
Apple earnings at risk of 29% hit if China retaliates to Huawei ban, Goldman says

Apple Inc.’s per-share earnings are at risk of a 29% hit if its products are banned in China in retaliation for measures taken by the U.S. government against Huawei Technologies Co., Goldman Sachs said Wednesday.