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Re: Is the apple going to suffer from high unemployment and low spending power

10101010 <bil...@gmail.com>

Depends on what you mean by "suffer".
I think the current employment trend has enough history; and Apple
relative sales have enough history, for one to be able to do some
pretty simple extrapolation.
It's common knowledge that Apple has fared  far better than most
comparable companies in this economy.  That said; the MMs will push
"AAPL" wherever they want, regardless of what's actually happening
with "Apple".
Steve Jobs said (many years ago) that Apple was going to get through
the economic tough times through "innovation".  That strategy's been
working pretty well for them, I'd say.  I can't wait to see what they
will be unleashing in the next 12-18 months.

On Jul 3, 12:16 pm, chleoku <chle...@gmail.com> wrote:

> As expected, our employment rate is reaching the dangerous 9.5% level
> and inching towards 10% benchmark of depression. Umemployment would
> not peak until mid 2010. Looks like we are heading to the Dow 7500-800
> level soon:

> http://www.wealthalchemist.com/Blog/2009/07/unemployment-nears-double...

> Is Apple going to suffer?