The human and environmental costs of the ongoing conflict in the Middle East are bad enough on their own, but there are other impacts likely to be felt. Along with most financial markets, Apple’s shareholders are no doubt spooked by the conflict, which threatens to metastasize to the detriment of the region and the world.
Yes, Apple in Cupertino, CA is a long, long away from that region, so why would investors be concerned? Because of a host of potential problems — from supply chain disruptions to manufacturing worries and rising energy costs — are now on the horizon.
Immediate regional impacts
Apple has had to close offices and retail stores in several places, including the UAE due to security concerns. Stores in Dubai, Abu Dhabi and AI Ain have all seen staff forced to work from home. The attacks across the region also mean Apple products are not being sold to tourists and affluent customers, as no one is shopping.
