'I'm actually excited' about the iPhone's prospects in China, Jim Cramer says [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
'I'm actually excited' about the iPhone's prospects in China, Jim Cramer says CNBC's Jim Cramer Apple The tech titan has been a focal point of the trade war between the United States and China, but the dispute reportedly has not damped Chinese consumer interest in the latest iPhone launch that hit stores worldwide on Friday. Demand for the cheaper of the three iPhone 11 models in China has been much stronger than what noted Apple analyst Ming-Chi Kuo predicted "Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," the "Mad Money" The United States and China have volleyed multiple rounds of tariffs on billions of dollars worth of goods on imports from one another. Worried investors have tried to gauge how tariffs would impact production costs and sticker prices of implicated companies. Businesses that make products in or rely on imports from China were expected to pass higher production costs on to consumers, in turn hampering gr
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