I really hope so. I would love to see that showdown. Hopefully, "can't buy an iPhone in the UK and everyone knows why" makes the Snooper's Charter a radioactive mess that legislators fall all over themselves to repeal.
Then they can vote in a board of directors that agrees with them, and have that board fire Tim Cook.
I would hazard to guess that you'll see an exodus of a lot of folks leaving Apple either because (a) they won't follow that order, or (b) in solidarity with those that are fired.
Reminder that privacy is feature that Apple touts (how much you believe them is up to you):
> On January 28, 2021, Apple CEO Tim Cook delivered remarks at Computers, Privacy & Data Protection Conference: Enforcing Rights in a Changing World. The virtual conference — hosted annually in Brussels, Belgium — is one of the foremost international privacy and technology conferences bringing together leaders from academia, government, civil society and the private sector. Learn more about the features and controls Apple provides users to safeguard their privacy at http://www.apple.com/privacy
I don't know where your ideas are coming from - Apple easily folded and gave all data to Chinese government when commanded to do so under leadership of Tim Cook.
Where does your thinking that they'll suddenly forget about revenue from UK over this come from?
To use poker terminology: I think that if the UK made this bet that Apple would call.