mollytjm

Piper Sees '09 E-Commerce Down Due to Increased Saving

i think we'll see people rationalizing about buying presents this holiday season and that will let them continue to buy the tech toys. but there's another factor... in scary times, people need to feel like they're in touch with loved ones. we'll see more smartphone purchases than one would expect in bad economic times. Apple will do especially well in their retail space, compared to almost anyone else. i keep an eye on the king of prussia store, in PA, and that continues to do a robust business. if you're in there awhile, it's just amazing to realize how many 'newbies' come through the door...and then walk out with a product...often the 'enticer', an ipod shuffle or nano...but only after drooling over an iphone or Mac. Those stores offer such a high level of emotional and intellectual satisfaction and support...if other hi-tech places did this, they woudln't be in chapter 11....circuit city could use a few lessons.