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Apple stopped sales in Turkey after the lira crashed 15% in a day

reuters.com

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Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#211

Post by FpUser »

kube-system wrote: post #93
FpUser wrote: post #90

Earlier quoted context omitted.

>"I certainly don’t ask to have my wage lowered in months where inflation is negative." 1) How often does that happen? 2) This is very hypocritical. People ask for things what benefit them. Why the fuck they should worry about corporations. If corps have problems it is up to them go and "ask".

1. Most recently in the US, half of 2015 and most of 2009. 2. That’s my point. Apple is looking out for Apple. I look out for me. If Apple can get a higher price, they’re going to stick with it if they can. Same as I would with a higher wage.

>"Most recently in the US, half of 2015 and most of 2009"

Basically negligible compared to general trend

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#212

Post by tradertef »

geoduck14 wrote: post #137
mrtksn wrote: post #119

Earlier quoted context omitted.

The USD$ went from 9.50 to 12.50 in a month and I believe the last adjustment they did was at 8.5. Apple had 2 days of no online sales but the sales in the shops continued until the inventory depleted. I was also going to grab a Macbook Pro when the price dropped below the US price but I wasn't decisive enough and missed the opportunity. I bet a lot of people bought MacBooks just to re-sell. An interesting detail, in…

>Turkey even pioneered the IMEI registration process where you can't use foreign device for longer than a few month in Turkey. This is a cool fact!

This worked well for me. Relatives are not asking me anymore to buy a phone for them and send it to them via visiting relatives.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#213

Post by cesarb »

toyg wrote: post #204
School-Cotton wrote: post #89

Earlier quoted context omitted.

A bit like NYC vs. Washington in the US.

Or Rio de Janeiro vs Brasilia in Brazil. Sydney vs Canberra in Australia. Auckland vs Wellington in New Zealand. There are probably a few more...

> Or Rio de Janeiro vs Brasilia in Brazil.

Rio de Janeiro was Brazil's capital for centuries (even before it became an independent country), it only changed to Brasilia in the 1960s, well within living memory of many people, so that one is justifiable.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#214

Post by weird-eye-issue »

Rexxar wrote: post #202
weird-eye-issue wrote: post #101

Earlier quoted context omitted.

Sorry I'm a bit confused. Isn't that a good thing you bought stuff when the TL was worth more?

Are people so used that everybody complain on everything that positive comments cannot be understood anymore ?

They said "At least our rent..." after the statement which is interpreted as the previous statement being a negative.

Like "I had a bad day. At least I got ice cream." is valid but "I had a great day. At least I got ice cream." doesn't really make sense

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#215

Post by toyg »

cesarb wrote: post #213
toyg wrote: post #204

Earlier quoted context omitted.

Or Rio de Janeiro vs Brasilia in Brazil. Sydney vs Canberra in Australia. Auckland vs Wellington in New Zealand. There are probably a few more...

> Or Rio de Janeiro vs Brasilia in Brazil. Rio de Janeiro was Brazil's capital for centuries (even before it became an independent country), it only changed to Brasilia in the 1960s, well within living memory of many people, so that one is justifiable.

I personally don't see anything as "unjustifiable" - modern states can (and arguably should) be multipolar. Dedicating a city to administrative bureaucracy is not a terrible idea, in the same way as you'd separate salespeople offices from the factory floor. It's just a very modern concept.

I was just listing a few other famous "unintuitive" capitals. Another one would be Milano vs Roma, although the two are evenly matched on the cultural level.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#216

Post by arcticbull »

authed wrote: post #130
arcticbull wrote: post #105

Earlier quoted context omitted.

Hm, Bitcoin appears down 23% in the last 18 days, flailing wildly the whole time. If your concern was stability you would obviously not pick Bitcoin haha. Maybe a nice USD or EUR price tag.

> Maybe they should sell it in Bitcoin and *automatically trade for dollars* Looks like you didn't read the parent comment.

That doesn’t mean they wouldn’t need to change the sticker continuously thought right? This is almost certainly what they’re doing with Lira now.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#217

Post by mr_toad »

pasabagi wrote: post #170
jopsen wrote: post #168

Earlier quoted context omitted.

> But those taxes are everywhere, named like "Luxury Consumption Tax". Are those taxes effectively targeting products that are imported? It's classic trick to improve the trade deficit.. I would guess that getting rid of them would only further crags the currency.

I think in general luxury goods taxes are underexploited. People normally want to buy expensive things so they can show off how much money they have. May as well make them more expensive, and divert some of that cash to useful purposes.

> May as well make them more expensive, and divert some of that cash to useful purposes.

It’s very easy to wipe out an entire market by over taxing it, and lose not only the luxury tax, but also all the normal taxation. Not to mention all the black and grey market activities you incentivise.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#218

Post by colechristensen »

sigstoat wrote: post #188
colechristensen wrote: post #116

Earlier quoted context omitted.

I think it's more often subtle morality/superiority signaling by calling an entity by a different name. Think Republicans referring to the "Democrat party" instead of the "Democratic" or people using "CCP" instead of "China".

…do you not make a distinction between “china” and the chinese communist party? i think even the CCP itself does.

China the government, people, and place are separate and which one is being referred to is basically always obvious from context.

People don’t do this naming a political organization instead of country name for government actions for anywhere else in the world

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#219

Post by mr_toad »

samstave wrote: post #35
qeternity wrote: post #16

Earlier quoted context omitted.

Right, because although the Lira is the most volatile currency, a 15% one day move is a black swan. For bitcoin, it happens every couple of months.

what do you think btc's 'black swan' will be?

> what do you think btc's 'black swan' will be?

Being a usable currency.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#220

Post by somebodythere »

Jensson wrote: post #133
samstave wrote: post #35

Earlier quoted context omitted.

what do you think btc's 'black swan' will be?

Next downturn when everyone wants to cash out all their investments at once so they can pay rent and such. BTC has yet to experience a downturn, I don't think it will be pretty.

Bitcoin has had downturn of over 80% in USD terms in the past 5 years.
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