Apple hits new low

Discussion in ' News Discussion' started by MacBytes, Sep 29, 2008.

  1. MacBytes macrumors bot

    Jul 5, 2003


    Category: 3rd Party Hardware
    Link: Apple hits new low
    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.

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  2. Scepticalscribe Contributor


    Jul 29, 2008
    The Far Horizon
    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).

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