Apple’s moves to exit the Russia market may have small financial impact on Apple, but more importantly potentially damage relations with suppliers an analyst claims.
Apple Pay was the among the first services to be halted in Russia over that country’s invasion of the Ukraine. Then Apple ceased all online Apple Store sales in the region.
Financial researcher and hedge fund manager Daniel Martins of The Street, argues that Russia is now likely to be facing an economic meltdown. “As a major global consumer products and services vendor, Apple should be impacted,” he writes.
Read more at AppleInsider.com