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Title: China’s devaluation of its currency plus strong dollar could hit Apple’s Chinese earnings – WSJ Post by: HCK on August 11, 2015, 03:00:21 pm China’s devaluation of its currency plus strong dollar could hit Apple’s Chinese earnings – WSJ
China’s decision to devalue its currency – leading to its biggest one-day loss in 20 years – could add to the effect of a strong dollar to hit Apple’s earnings from the country, warn analysts. The value of the yuan dropped 1.9% against the dollar, and a change in the way its value is determined by the Chinese […]<img alt="" border="0" src="(http://pixel.wp.com/b.gif)?host=9to5mac.com&blog=22754319&post=392307&subd=9to5mac&ref=&feed=1" width="1" height="1" /> Source: China’s devaluation of its currency plus strong dollar could hit Apple’s Chinese earnings – WSJ (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/7ZmvDgljI0s/) |