ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

A loyal Apple customer, has set out a table of Apple’s net sales also adding his/her expectations about 2021 developments. Assuming that net sales of iPhones not being largely affected by the exchange rate developments but by new versions of iPhones, would you expect percentage share of net sales of iPhones to increase or decrease with stronger US. dollar against foreign currencies in 2021 (but without launching new iPhone models)?(according to table)

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 %
Transcribed Image Text: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 %
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Foreign Direct Investments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education