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

Paul <paulmorrison...@gmail.com>

Will 10 percent unemployment affect a company that relies on consumers
spending more money than they need to?

I'm not sure, but it certainly does not help (especially with its
currently bloated stock price).

I wouldn't touch this company at this price.

On Jul 3, 9:16 am, 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?