Apple stopped sales in Turkey after the lira crashed 15% in a day
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Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
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Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#3Why don't they just sell in Euro/USD? That's what people did a few decades ago a bit further north, when the local currency wasn't trusted (even if it was rather stable).
But yeah, inflation in Eastern Europe is pretty bad, and if you voted for a bunch of dumb assholes who don't care about you or the nation, you're multifucked.
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#4This is a few days out of date now. Sales have already resumed with prices adjusted accordingly.
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#5I just figured Apple's markup is so high, a 50% drop would still produce a profit.
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#6The Turkish lira has been plunging vs. the US dollar for 14 years straight. It has fallen by 90% in dollar terms. All foreign retailers must be constantly readjusting prices, right?
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#7The Turkish lira has been plunging vs. the US dollar for 14 years straight. It has fallen by 90% in dollar terms. All foreign retailers must be constantly readjusting prices, right?
They probably just readjust their currency hedges
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#8Why don't they just sell in Euro/USD? That's what people did a few decades ago a bit further north, when the local currency wasn't trusted (even if it was rather stable). But yeah, inflation in Eastern Europe is pretty bad, and if you voted for a bunch of dumb assholes who don't care about you or the nation, you're multifucked.
How did Turkey find its way to Eastern Europe?
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#9Why don't they just sell in Euro/USD? That's what people did a few decades ago a bit further north, when the local currency wasn't trusted (even if it was rather stable). But yeah, inflation in Eastern Europe is pretty bad, and if you voted for a bunch of dumb assholes who don't care about you or the nation, you're multifucked.
How did Turkey find its way to Eastern Europe?
Through Greece and the Balkans
Re: Apple stopped sales in Turkey after the lira crashed 15% in a day
#10If they priced them in Bitcoin.....