Foreign Exchange Weighs On Apple’s Q1 Sales To The Tune Of $5B

Foreign Exchange Weighs On Apple’s Q1 Sales To The Tune Of $5B

Apple-Money Apple today reported another record set of results, beating expectations with an all-time high profit of $ 18.4 billion and revenues of $ 75.9 billion, with some $ 216 billion in cash now on its balance sheet. But it could have made even more were it not for the strength of the dollar compared to other currencies. The iPhone maker said that in constant currency, Q1 2016 revenue “would… Read More
Apple – TechCrunch

Share:
loading...

Share This Post

Related Articles