Apple Selling during the Depression

Well, the media is all gloom and doom, and it is even hitting the Apple sellers…er, I mean Apple.  Yeah, here is a company that has increased its profit and market share by unbelievable amounts, major cash on hand, (yeah, forget the credit crunch) and has established platform for the next decade that will enable it to enter consumer market areas and cause havoc for competitors like a bull in a china shop.  And Steve Jobs hasn’t even died yet despite the rumors.  Something, somebody somewhere is playing games…the stock is down down down…the negative media is all over the place twisting it, like the mercury news headline “Apple profits beat estimates, but sales disappoint”…huh?  This is a distortion at best, the s Sales as Jobs (as energetic as ever) explained, were the most remarkable in the companies’ history.

I wrote about it here…and I am no apple fanboy.  Well, now I am I guess.  I am wondering, is it politics? Or are we truly entering into a depression.  Well one way or another I think one could do worse than getting into the apple business.