Apple is mostly recession-proofed, claims Kaufman Brothers' Shaw Wu. The analyst agrees with recent views that Apple may not be as dependent on Steve Jobs as has sometimes been thought, and that the company's ...
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#1 Feb 12, 2009
Seriously, recession proof. Tell that to anyone that bought the stock at its past 52 week high in the range of $190... Today it is trading below $100 and has been down below $80 as recently as January.
#2 Feb 16, 2009
You are missing the bigger picture. The recession proof comment was based on product sales not stock price. I think most computer makers would love to be in their shoes when it comes to their growth. If you look at the market, Windows VS. Mac O/S Apple should be getting killed in this economy but more and more consumers are finding the Mac a superior experience. When the economy does recover and the stock market rebounds so will Apple Stock.
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