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Because Apple products are expensive and are known to retain value over time they are a good place for people to dump their rubles knowing that they'll be able
by guelo 12y ago
Because Apple products are expensive and are known to retain value over time they are a good place for people to dump their rubles knowing that they'll be able to sell the ipads and recoup their cash. But Apple doesn't want to be left holding the bag of rubles.
- oldspiceman 12y agoThey hedge their currency risk so it's unlikely they have much exposure to the Ruble.