This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

What Cook's Apology Means for Apple in China

These seem like valid arguments, however in the final analysis, the cost of giving better warranties, in exchange for better relations is worth it. It really didn't cost Apple anything, and the government attack dogs have been caged. Now there's a basis from which Apple and other non-Chinese manufacturers can negotiate how they will partner with the Chinese.

You may ask, why partner? isn't fair practice all the Chinese wanted? Well, no! The Chinese don't want Apple or Samsung in any kind of dominant position, period. What the Chinese really want is to be the dominant player, and they are determined to tip the scales in their favor one way or the other.

In my opinion, this is an early signs of desperation. It exposes a level of anxiety and internal pressures developing in China due to a slowing economy. They need to gain some advantage now, before the economy sinks further, when their leverage won't be so great.

-- Written by Ernie Varitimos, author of the Apple Investor blog.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Ernie Varitimos has a long history with Apple as an investor, trader and consumer of its technology. He started his career as a rocket scientist and has spent the past 25 years driving, controlling and influencing technology in the financial industry. Ernie is a former hedge fund manager and current futures trader.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $131.45 -0.90%
FB $81.36 -0.67%
GOOG $554.18 -0.21%
TSLA $233.77 0.96%
YHOO $44.39 0.07%

Markets

DOW 18,070.79 +32.82 0.18%
S&P 500 2,105.45 -3.47 -0.16%
NASDAQ 5,045.7280 -14.5180 -0.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs