Buy AAPL by May 18, 2025.

**Foreign Exchange Impacts on Apple** The US dollar (USDXY) can have a huge impact on Apple’s revenue and earnings as around 50% of Apple’s sales occur internationally. Much of the past ten years the USDXY has hovered in the 92-98 range. When COVID-19 hit in March 2020, the Federal Reserve lowered the federal funds rate and the USDXY hovered in the 89-95 range for a majority of the second half of 2021 through early 2022. In early 2022 the Federal …