Cramer: The strong US dollar hurts companies like Apple more than you think

The USA is an import surplus country, hence the standing strong Dollar policy. Apple makes their phones abroad, so a strong USD actually lowers their operating costs. They got greedy with the pricing and didn't do their market research, don't blame the buck for that jimcramer.

A Chinese company can offer the same phone for only 300$. It's not a joke, the components cost around 200$, can be less because prices dropped.

I meant to say that is NO LONGER a worry, thanks to the Fed!

So what? He’s pro-inflation now? Let me check my calendar.

The collapse in the USD means stop spending! It’s Europe’s turn to spend now. juststayhome stop driving stop spending. When the USD goes down you must stop spending

Ask how cool is a weak currency to Argentinians or Venezuelans... printing money isn’t the solution. Competitiveness is! Fed fuc*ed it up

Well, I think that will be a worry going forward! The Fed just took care of that!

Silly me thinking that it was hurt by people finding out that their ridiculously expensive devices actually self destroyed their own batteries on purpose...

jairbolsonaro

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks set to open lower amid renewed US-China tensions; Apple to report earningsU.S. stock index futures pointed to a lower open on Tuesday morning as investors monitored global trade developments and looked ahead to earnings releases from companies like Apple. Totally foreseeable and unavoidable.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer on Apple earnings: The haters have 'no more new ammunition'Jim Cramer says Apple's haters are at a loss for ammo against the iPhone maker after its first-quarter earnings report. MadMoneyOnCNBC jimcramer So unbelievably arrogant and overconfident.
Source: CNBC - 🏆 12. / 72 Read more »

Apple earnings: Where does Apple go from here?The company’s coming earnings report could be the first chapter in an increasingly boring story. Buy Adobe and make it exclusive to Apple products.
Source: MarketWatch - 🏆 3. / 97 Read more »

Apple sees U.S.-China tensions easing, services business growingApple Inc said sales for its fiscal second quarter would most likely be lower th... Apple Execs must not have seen the Senate Intel hearing today. All the Intel chiefs said China is public threat 1, and specifically talked about Chinese businesses being a major threat.
Source: Reuters - 🏆 2. / 97 Read more »