ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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A loyal Apple customer, has set out a table of Apple’s net sales also adding his/her expectations about 2021 developments. Assuming that net sales of iPhones not being largely affected by the exchange rate developments but by new versions of iPhones, would you expect percentage share of net sales of iPhones to increase or decrease with stronger US. dollar against foreign currencies in 2021 (but without launching new iPhone models)?(according to table)

Net Sales (in billion dollars)
2021
Share
2020
Share
2019
Share of
(Expected)
Total Net
Total Net
Total Net
Sales
Sales
Sales
204
68 %
137.78
142.38
55 %
iPhone
iPad
50 %
36
12 %
23.72
9 %
21.28
8 %
Services
24
8 %
53.77
20 %
46.29
18 %
Мас
18
6 %
28.62
10%
25,74
24.48
10%
The Rest
18
6 %
30.62
11%
9%
Total Sales
300
100 %
274.51
100 %
260,17
100 %
Transcribed Image Text:Net Sales (in billion dollars) 2021 Share 2020 Share 2019 Share of (Expected) Total Net Total Net Total Net Sales Sales Sales 204 68 % 137.78 142.38 55 % iPhone iPad 50 % 36 12 % 23.72 9 % 21.28 8 % Services 24 8 % 53.77 20 % 46.29 18 % Мас 18 6 % 28.62 10% 25,74 24.48 10% The Rest 18 6 % 30.62 11% 9% Total Sales 300 100 % 274.51 100 % 260,17 100 %
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