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[return to "Apple Stops Online Sales in Russia Over Ruble Fluctuations"]
1. guelo+v9[view] [source] 2014-12-16 20:28:49
>>colone+(OP)
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.
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2. oldspi+ii[view] [source] 2014-12-16 21:50:59
>>guelo+v9
They hedge their currency risk so it's unlikely they have much exposure to the Ruble.
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