How the collapse of the U.S. economy will affect consumer tech

Iria · Sep 29, 2008, 10:13 PM

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

Sep 29, 2008, 10:13 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	How the collapse of the U.S. economy will affect consumer tech 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. _____________ Source: TG Daily

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