It was a scary day. NASDAQ down more than 9%, the Dow Jones index almost 7%. Shares were in free fall, led by Apple, thanks to downgrades by financial analysts who are concerned with the fact the U.S. consumer is probably putting all of his, or her, money under their bed for safe keeping at the moment. There is no doubt that the technology industry will be affected by what builds up to become a perfect storm for the U.S. economy. Rob Enderle has a closer look at the industry and examines whether we should expect changes in the IT industry and which ones are most likely.
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Source: TG Daily