China collects 40 billion in Apple taxes a year. Cook once publicly stated that China has never targeted Apple.
Hawk_Finance
2024-05-31 16:51:57
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On the afternoon of May 29, China’s first consumer lawsuit against the “Apple Tax” monopoly case was pronounced in the first instance. The court rejected consumer Jin’s appeal to stop charging unfairly high prices of 30% “Apple tax” and to stop “in-app purchases” forcing the use of Apple Pay tying.
According to third-party data statistics agencies, the "Apple tax" will generate approximately 160.8 billion yuan in global revenue in 2023. As Apple's second largest source of revenue and the third largest source of primary revenue, China's figure will exceed 40 billion. Yuan.
Apple CEO Cook once said in an interview that China has not targeted Apple so far, and to be honest, it is not expected that such a thing will happen.
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