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> or are they really good at hedging currency risk How would they be exposed on this, long-term? Euro stronger than dollar: convert prices 1-1. I saw someone
by jorvi 4y ago
> or are they really good at hedging currency risk
How would they be exposed on this, long-term?
Euro stronger than dollar: convert prices 1-1. I saw someone do a calculation that EU customers overpaid ~38% (!) on Macbooks in 2009. Yes, that's with VAT (sales tax) removed.
Dollar stronger than euro: immediately horrendously jack up the prices.