10/20/2014 Live Update

[Al_Dente]

Another question on foreign exchange. ….
“Maestri reiterates that the headwinds are strong, but that Apple isn’t going to harmonize prices because of currency impact. That’s not how it rolls.”
[harmonize prices ??]

[finman66]

I'd be guessing, but my assumption would be that he is referring to charging more either domestically or overseas for Apple products to offset the headwinds ???

[Al_Dente]

I'd be guessing, but my assumption would be that he is referring to charging more either domestically or overseas for Apple products to offset the headwinds ???

Yes, agree
They won't change prices, the offset they’ll use is forex hedging

[finman66]

I'd be guessing, but my assumption would be that he is referring to charging more either domestically or overseas for Apple products to offset the headwinds ???

Yes, agree
They won't change prices, the offset they’ll use is forex hedging

Which will only help incrementally and probably means that if forex remains stable at these levels or continues to move against them in an even greater way should adversely impact margins and Q4 results.

[bimmerbob]

ascending triangle text book target.

Cobra, your chart is a week ahead?