View Full Version : Apple hits new low

Sep 29, 2008, 09:26 PM
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Category: 3rd Party Hardware
Link: Apple hits new low (http://www.macbytes.com/link.php?sid=20080929222644)
Description:: Shares of Apple fell as much as 16 percent on Monday, marking their steepest fall this year, amid concerns a slowing economy and weak consumer spending may affect the electronics maker.

Posted on MacBytes.com (http://www.macbytes.com)
Approved by Mudbug

Sep 30, 2008, 09:30 AM
Well, yes, but in the current economic downturn, what company - no matter how good - is going to experience a rise in profits? This reflects what is happening in the wider market place, rather than Apple's particular strategy (which, remember, was lauded in the markets and the media and from the proverbial rooftops as recently as this past summer).