Dude Blames Iphone For Recession.

Discussion in 'iPhone' started by Goona, Jun 23, 2009.

  1. Goona macrumors 68020

    Goona

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  2. aethelbert macrumors 601

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    #2
    Uhhh... no. The blogger mentions spending money which one does not have as a cause of the recession, citing the phone as an example...
     
  3. jmpage2 macrumors 68030

    jmpage2

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    #3
    The guy is clueless and apparently not too hip on history.

    During the Great Depression people were baffled about how sales of table top radios continued going up (a radio in the 30's cost the equiv of thousands of today's dollars).

    It wasn't that they were buying them on credit, they just REALLY wanted them and were willing to save up and get one even if it meant going without other things.

    Same case with the iPhone. It's not that people are going into hock to get them, they are often willing to make cuts in other spending areas in order to get the highly desirable iPhone.

    Also, this guy fails to take into account that many people carry a cell as their only phone these days, which eliminates their $40 or more a month landline phone bill.
     
  4. colmaclean macrumors 68000

    colmaclean

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  5. JayLenochiniMac macrumors G5

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    #5
    With the number of people being able to afford the iPhone and its data plan, you'd think there's no recession ;)
     
  6. jmpage2 macrumors 68030

    jmpage2

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    #6
    Every time we try to go to a restaurant on a Friday night I am amazed that there's a recession going on considering how every restaurant within 10 miles of our house is packed to the gills.
     
  7. veritech137 macrumors newbie

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  8. rburly macrumors 6502a

    rburly

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    #8
    I know what you're saying. There seems to be quite a few people out on Fridays, but less than used to be (where I am). But, go on a Monday, Tuesday or Wednesday night (I don't work in the restaurant industry, but I've heard things).
     
  9. JayLenochiniMac macrumors G5

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    #9
    Disneyland is still as packed as ever.
     
  10. Merkie macrumors 68020

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    #10
    That's what I was gonna say.
     
  11. -aggie- macrumors P6

    -aggie-

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    #11
    I think the iphone caused McCain to lose the election....lol!
     
  12. Goona thread starter macrumors 68020

    Goona

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    #12
    Bull. How does he know those who bought iphones don't have the money for it? Why didn't he scream bloody murder when RIM sold all those phones all that quarter? But I guess he needed to troll with an article about the iphone to draw attention.
     
  13. Waffle Stomping macrumors newbie

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    #13
    I think the iPhone caused McCain to lose his erection
     
  14. aethelbert macrumors 601

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    #14
    The author didn't, nor did he/she state that.

    Then he/she would have to go after every product on earth that people buy on credit. One example made the point and was sufficient.

    Kind of like this thread; twisting the message of someone's website in order to stir up attention and anger against something that was never said.
     
  15. jmpage2 macrumors 68030

    jmpage2

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    #15
    He probably shorted Apple stock and now he's pissed off because they are blowing the doors off! ;)

    In the last quarter my wife and I have bought a 17" MBP, two 3GS iPhones, two Mac Minis and a 24" iMac.

    And it was all paid for in cash.
     
  16. -aggie- macrumors P6

    -aggie-

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    #16
    I think akonradi wrote the article....lol
     
  17. rablat macrumors 6502a

    rablat

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    #17
    Cash is sub prime. ;)
     
  18. Goona thread starter macrumors 68020

    Goona

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    #18
    Damn dude I think you need to go read the article again.
     
  19. -aggie- macrumors P6

    -aggie-

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    #19
    He wrote it!
     
  20. czeluff macrumors 6502

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    #20
    oh man

    "Will Apple (AAPL) iPhone Sales Cause A New Recession?"

    No, but stupid people who don't control their spending habits will.
     
  21. aethelbert macrumors 601

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    #21
    Go show me exactly where the author says that the iPhone is the reason for the economic climate.
     
  22. -aggie- macrumors P6

    -aggie-

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  23. aethelbert macrumors 601

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    #23
    No, it's consistently referred to as a „sign."
     
  24. -aggie- macrumors P6

    -aggie-

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    #24
    toMAYto, toMAHto

    sign, implied
     
  25. aethelbert macrumors 601

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    #25
    „The longer lines at the soup kitchen are signs of our recession. Therefore, the longer lines cause the recession."

    You're right. That makes sense.
     

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