Apple and Google's Very Different Approaches to China Have Huge Financial Consequences

To say that Apple Inc. (AAPL) and Alphabet Inc./Google (GOOGL) have taken very different approaches to engaging China in recent years is quite the understatement. A new announcement from Apple drives home just how different the company's mainland Chinese strategy remains from Google's, as its sales to the country close in on $50 billion.

This week, Apple disclosed it's building a data center in the Chinese province of Guizhou, as part of a broader plan to invest $1 billion in the region. Though the data center could improve the performance of iCloud services Apple delivers to its now-massive Chinese user base, the company's primary motivation appears to be a wish to comply with a new Chinese cybersecurity law that among other things restricts the movement of Chinese users' data outside of the mainland....775 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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