Apple has been barred from selling their latest iphone 6s/6s+ because the design is similar to another one in Beijing. I find it odd that China would award intellectual ownership of the iphone to another company that wasn’t the original creators of the idea. This is a perfect example of why there are a lot of barriers of entry into a new environment.

http://www.wsj.com/articles/beijing-regulator-orders-apple-to-stop-sales-of-two-iphone-models-1466166711

http://www.marketwatch.com/story/apple-saved-41-billion-hedging-against-a-rising-dollar-says-stifel-2015-12-14

Apple’s exposure to the global market is substantial. They currently make about 65% of their revenue outside of the US.  China alone accounts for approximately 24%. Since Apple is a multi-billion dollar business, they invest heavily in contracts and futures to limit their overall risk. It looks like their strategy is working out for them as they saved $4.1B in 2015 Q4.