> Sure he can. Google bailed on China once. Apple certainly has the money and talent to do the same.
Google didn't have much of any foothold into China when it dropped. It was also purely based on software which can be toggled off relatively easy (then you just have to wind down offices).
All of Apple's products require China to produce. All of them.
> Would he? Why do you assume that this would be bad for it share price, or that the majority of shareholders would be against it?
The majority of their manufacturing and assembly is in China. China is their big growth market. Not only would it tank the share price by cutting out their huge growth opportunity but it's completely within China's power to stop almost all of their production.
The stock market reflects what wallstreet things will grow. When you stagnate your share price drops (there is no reason to hang onto it if you won't become more profitable).