Apple Resumes Sales In Turkey, Albeit At 25% Premium

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  • Apple Inc AAPL resumed sales in Turkey after suspension due to a currency crash in the country, 9 To 5 Mac reports.
  • However, Apple has hiked the local prices by 25% to reflect the devaluation of the Turkish lira against the U.S. dollar.
  • Recently, Apple suspended sales from the local online store.
  • There were conflicting reports that it also turned people away from retail stores.
  • Price Action: AAPL shares traded lower by 1.89% at $158.88 on the last check Friday.
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