If that happens, then Apple’s bottom line will be gutted, particularly if Donald "Prince of Orange" Trump follows through on his promise to force the Fruity Cargo Cult back to  the US.

A Chinese Communist party-controlled paper slammed Trump for his recklessness, ignorance and incompetence’ and he has not even started work yet. During the acrimonious race for the White House Trump repeatedly lashed out at China, vowing to punish Beijing with “defensive” 45 percent tariffs on Chinese imports and to officially declare it a currency manipulator. The state-run Global Times warned that such measures would be a grave mistake.

“If Trump wrecks Sino-US trade, several US industries will be impaired. Finally, the new president will be condemned for his recklessness, ignorance and incompetence,” the newspaper said in an editorial.

The Global Times claimed any new tariffs would trigger immediate “countermeasures” and a “tit-for-tat approach” from Beijing.

A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US.

China’s foreign ministry has also warned Trump not to square up to Beijing.

Foreign ministry spokesperson Lu Kang told reporters last week: “I believe that any US politician, if he takes the interests of his own people first, will adopt a policy that is conducive to the economy."

It cannot be a good time for Apple which uses China for its manufacturing and is hoping that it can benefit from the huge sales that the country can offer. China initially did well for Apple, but then buyers started to slack off.