Winst

In a Recession, Who Still Needs Tech?

Apple's production was reduced 40% in Q4 because orders were not there.

So much for the "people will still buy an iPhone" theory.



On Dec 12 02:25 PM Roger Knights wrote:

> he meant AAPL. But he's wrong in his unsophisticated view that Apple
> produces fripperies that consumers will be glad to dispense with,
> and his related absurd view that people who have a cell phone won't
> want to upgrade to a smartphone. Early reports indicate Apple's sales
> are holding up, and various articles have pointed out that the iPhone
> is a good value for even low end customers. Just wait till Apple's
> numbers are out in six weeks.