A loyal Apple customer, has set out a table ofApple’s net salesalso adding his/herexpectations about 2021 developments.(1)Knowing that US dollar is strengthening against foreign currencies, do youagreewith the2021 net sales figures of iPad and Services?(2)Assuming that net sales of iPhones not being largely affected by the exchange rate developments but by new versions of iPhones, would you expect percentageshare of net sales of iPhonesto increase or decreasewith stronger US. dollar against foreign currencies in 2021 (but without launching new iPhone models)?(3)Do you agree with your friend’s claim that long-term net sales changes causetranslation exposuretoApple?
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