By Steve Guenette:
On August 6 Bloomberg reported that the Chinese government has excluded certain Apple (NASDAQ: AAPL) products from being bought with public money because of security concerns, this according to government officials who asked to not be identified because the information is not supposed to be public.
This move by the Chinese government should come as no surprise, as Apple is just one in a long string of U.S. technology companies that have been recently excluded from Chinese government purchases as tensions have escalated between the U.S. and China over claims of hacking and cyber-spying.
In response, an avalanche of articles have been published speculating as to how this will impact Apple’s all-important iPhone 6 launch later this year in China, a key growth market for the company. I’m here to tell you to block out all this noise.
China Is Important, But This Report Isn’t
There’s no doubting how