" ... I just want someone to hold me ..."
Consider yourself held ... Mmmmmm woof ...
" ... I agree with Phil A, Apple will dip below $100 ..."
Did that ! DOW now headed back up ... ~-300 down from open, hit a bottom close to ~790, momentarily, then reversed ... (Tomorrow the DOW will "fill the gap" to ~ +300 (~10,300), then it may do it all over again and head back down ... or not.)
" ... unless Apple makes changes to their pricing structure they'll have a hard time moving product this holiday season. ..."
That's right, cut and run ...
I'll predict that if Apple lowers prices across the board, the stock and the whole quality of the Apple product line will suffer a perceived reduction in quality and service. Following Michael Dell down that garden path would be a disaster for Apple and the whole high technology industry in general ... IMOP.
I would say, raise prices on those items that need it to stay profitable (considering the drop in the value of the $$ v. Euro exchange rates) and hold firm on the rest.
In times of economic stress, increasing margins to stay on top is always the better course.
(Nervous Nellys need not apply: We will be raising prices through out this month on our entire catalog because, face it, the dollar is being inflated dramatically and our off shore suppliers demand it. Today, I put several fat checks in the bank, received POs that will make this month a banner month and have quotations in process that will finish the year as the best we have ever had. We are NOT in the real estate business and will not be buying any until fall of 2009, but I will be buying more gold [US$810 per and steady]. Our business is up and I would bet that most of yours is as well.)
Consider yourself held ... Mmmmmm woof ...
" ... I agree with Phil A, Apple will dip below $100 ..."
Did that ! DOW now headed back up ... ~-300 down from open, hit a bottom close to ~790, momentarily, then reversed ... (Tomorrow the DOW will "fill the gap" to ~ +300 (~10,300), then it may do it all over again and head back down ... or not.)
" ... unless Apple makes changes to their pricing structure they'll have a hard time moving product this holiday season. ..."
That's right, cut and run ...
I'll predict that if Apple lowers prices across the board, the stock and the whole quality of the Apple product line will suffer a perceived reduction in quality and service. Following Michael Dell down that garden path would be a disaster for Apple and the whole high technology industry in general ... IMOP.
I would say, raise prices on those items that need it to stay profitable (considering the drop in the value of the $$ v. Euro exchange rates) and hold firm on the rest.
In times of economic stress, increasing margins to stay on top is always the better course.
(Nervous Nellys need not apply: We will be raising prices through out this month on our entire catalog because, face it, the dollar is being inflated dramatically and our off shore suppliers demand it. Today, I put several fat checks in the bank, received POs that will make this month a banner month and have quotations in process that will finish the year as the best we have ever had. We are NOT in the real estate business and will not be buying any until fall of 2009, but I will be buying more gold [US$810 per and steady]. Our business is up and I would bet that most of yours is as well.)