Kind of, but among the largest tech companies, Apple uniquely runs most of its revenue through the hardware category, and gets a lot of revenue from China.

Google (Alphabet), Microsoft, Amazon, Facebook all use hardware from China, but most of their revenue comes through software interactions. Google does not officially even operate in China. Amazon has a limited corporate footprint in China.

I think it’s reasonable to say that Apple has higher risk related to China than many of its competitors.

It's also in bed with the US, a huge flaw for us in China.

I mean, there are dark forces at the top here, which probably will misuse any kind of dominant position, but it's not like the US has our best interests at heart either.

As for Apple, now they have to play nice with a 300+ M people direct market in the US + all the allies they can sort of bully into segregation against us, vs a 1.3bn (and trending down) direct market in China + very few allies who'd be rich enough to afford Apple products.

I wouldn't blame Apple for cutting itself in half to work with both side of this artificial competition both our rulers decided they should have to defend our respective precious "national security" (which I'd rather call national distraction but heh).