Today exchange rates had yet another leg of change with US stocks down some 2% and Apple announcing it will absorb some of the tariff and exchange cost. This is a nod to China who otherwise would have had to haul that whole thing. Things are happening. Will China join the world of nations in free trade? It is an open question.If they put app store revenues and in app sales into that, it is capped at 30% less costs. They probably associate most server costs with this business segment, lowering it further.
Apple originated services are much higher than average margin.
Also stated a big portion of the services "miss" was exchange rates. I can see that. No idea the magnitude, but under 3% on $11.4B.
Their current answers are no and not likely soon.
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