mollytjm

Which is a Bigger Story: iPhone 3G or Tanking Banks?

i agree...fiat $ only 'works' when you pay the bills in full. fear has driven this country into the ground. the present administration used fear of terrorists to get away with a lot. now we have fear killing the market. but before that, incredible greed and stupidity, and no reins, let lenders and borrowers topple the economy. However... i think we will survive this. Hopefully to end up smarter, but that might be hoping for too much.
Apple is such a good company...so fiscally responsible, having NO debt and huge cash reserves and producing fine products with wonderful tech support and it's sad to have it struggle to make it's stock price rise to the level it should, when in even a moderately good economy, it would be soaring.
but one upnote... businesses with large IT sections will be moving to Apple eventually, because IT is VERY expensive and Apple products need a lot less tech support than PC products. that will be good for Apple. Needing less IT also means less wasted employee hours as they 'wait for IT to fix the glitch'. better bottom line.