(1) Apple TV+ managers should not be held responsible for low quality of video streaming services when exchange rates are moving unexpectedly (2) since during the devaluation of the local currencies Apple’s local subsidiaries should have always operating loss and transaction loss at the same time when Apple TV+’s competitors are raising subscription fees on video streaming services. Shortly answer whether these statements are correct or wrong.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter6: Managing In The Global Economy
Section: Chapter Questions
Problem 7E
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(1) Apple TV+ managers should not be held responsible for low quality of video streaming services when exchange rates are moving unexpectedly (2) since during the devaluation of the local currencies Apple’s local subsidiaries should have always operating loss and transaction loss at the same time when Apple TV+’s competitors are raising subscription fees on video streaming services.

Shortly answer whether these statements are correct or wrong.

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