Wednesday, January 23, 2008

Apple as an Economic Indicator

Follow this logic: analysts say since Apple had the most profitable quarter of its history (and sold the most amount of product), the American economy is not in a recession. The only difference between the good times and the bad are the number of companies that are profitable. Now there is a company that is so tied into our culture it alone is considered the economic indicator. Hear that? That was my mind being blown.

Source: Analysis: Apple's best-ever quarter is no disappointment by MacJournals.com,Jan 23, 2008 5:48 pm

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