Your friend, a loyal Apple customer, has set out a table of Apple’s net sales also adding his/her expectations about 2021 developments. Knowing that US dollar is strengthening against foreign currencies, do you agree with the 2021 net sales figures of iPad and Services? Net Sales (in billion dollars)2021Share2020Share2019Share of(Expected)Total NetTotal NetTotal NetSalesSalesSales20468 %137.78142.3855 %iPhoneiPad50 %3612 %23.729 %21.288 %Services248 %53.7720 %46.2918 %Мас186 %28.6210%25,7424.4810%The Rest186 %30.6211%9%Total Sales300100 %274.51100 %260,17100 %

Strengthening of dollar means appreciation of dollar against foreign currencies,which means that…

Answered: Your friend, a loyal Apple customer,…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Your friend, a loyal Apple customer, has set out a table of Apple’s net sales also adding his/her expectations about 2021 developments. Knowing that US dollar is strengthening against foreign currencies, do you agree with the 2021 net sales figures of iPad and Services?

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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