Apple's China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion.
Hall also noted that China's "tech ecosystem" and local employment could take a hit if Apple products are banned. Most of Apple's supply chain rests in mainland China, including the iPhone's final assembly, which is executed at Foxconn.
Analyst Rod Hall said in a note to clients that Apple's earnings could drop by 29% if the company's products were banned in mainland China.coming in at $10.22 billion"Should China restrict iPhone production in any way we do not believe the company would be able to shift much iPhone volume outside of China on short notice," Hall said.
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