Chinese-US Trade Deal
Apple was one of several companies that were severely affected by the events of 2019’s trade war between China and the United States. While a deal was initiated in December 2019 between the groups, the results of said deal could change or be affected by the ever-shifting state of US-Chinese relations.
Mix in the recent coronavirus’ effect on Apple sales and shipping, and it becomes quite clear that things could change rather quickly depending on the state of international relations.