Apple will be put into a very difficult situation if it is forced to remove WeChat from its App Store.
Apple has spent years building China into a 44 billion U.S. dollars growth driver. In the second quarter of 2020, the company's revenue from the Chinese market accounted for over 15 percent of its total.
In his latest report, TF International Securities analyst Kuo Ming-chi estimated that global iPhone shipments could drop by 25 to 30 percent if Apple is forced to remove WeChat from its global app store. Besides, the annual shipments of other Apple hardware devices, including AirPods, iPad, Apple Watch, and Mac, will be revised down by 15 to 25 percent.
According to a survey on China's Twitter-like social media platform Weibo, about 95 percent of 1.2 million people that responded said they would switch to an Android smartphone over an iPhone rather than give up WeChat if it were banned.
Bryant also cautioned against a disruption in cross-border investment, as her company helps bring in investment from around the world, especially China.