back to article Surging dollar value brightens Tech Data’s European revenues

The unfavourable forex rate leaving US vendors with a damp patch on their financial results in Europe ironically might have helped Tech Data in its opening quarter of fiscal 2016. The world’s second largest tech distie reported sales of $5.8bn for Q1 ended 30 April, down 12 per cent year-on-year, but better than Wall Street …

  1. Destroy All Monsters Silver badge
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    Gartner tier wordsmithing

    "Surging Dollar Value"

    Nice euphemism for "EURO reaching the shitter faster".

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