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The inflation rate last year was about 2.5%. If apple made $100 in 2018 q3 and 101 in 2019 q3, then they made less than 100 in 2019 q3 using constant 2018 doll
by dmoy 7y ago
The inflation rate last year was about 2.5%.
If apple made $100 in 2018 q3 and 101 in 2019 q3, then they made less than 100 in 2019 q3 using constant 2018 dollars. It is declining revenue. That's a bit scary. For one quarter might just be a blip.