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Technology Stocks : Apple Inc.
AAPL 270.37-0.4%Oct 31 9:30 AM EST

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To: sandeep who wrote (188968)3/20/2016 3:27:04 PM
From: Doren   of 213172
 
> It can't afford not to ship in China.

United they stand, divided they fall. Either Google/Apple/Microsoft all stand pat, in which case China would have to prohibit ALL phones and end up with a defacto fence around thier tech.

Or it'll be a domino effect. As soon as one caves the rest will have to cave.

Who knows what effect that will have long term on online commerce and banking. Obviously negative... the question is how much.

Security in online banking has probably already cost billions. I'm not too worried about buying stuff off Amazon, but I think twice about a tiny company. Same with my credit cards. I'm not worried at HomeDepot (too much) but I'm frequently amazed to see people pay for a few bucks worth of food from a local shop. Its cash with me at brick and mortars especially if I can't get a tax write off on the purchase.
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