Strategies: Forget the New iPhone. For Apple, It’s All About the Dollar.
When the dollar strengthens, sales of iPhones abroad are worth less in American currency, hurting profits and knocking down share prices.
Farhad and Mike on How Apple’s New, Smaller iPhone Is Easing the Pain
The battle between Apple and the F.B.I. fizzled a bit last week, but the company’s return to a scaled-down, cheaper smartphone is something worth discussing.