Apple has a big China problem that's 22 years in the making

• Apple is celebrating the release of its iPhone 15, but trouble is growing for the company.
• It has become dependent on China, and that's starting to cause problems.
• The tech giant is now eyeing India years after it was warned about China.

This week, Apple is publicly celebrating the release of the iPhone 15, but behind the scenes, the company has a growing problem in China that could cost it billions.

As Apple and its flagship iPhone have grown to global dominance over the past two decades, much of that has come with the help of China. Consider the following: