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

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منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

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