Apple wonders: Where is this recession we keep hearing about?

[NJ5]

Lit09 said:

NJ5 said:

Actually many companies are posting profits, due to layoffs and things like that.

Anyway, great results for Apple, most companies are showing double-digit revenue drops but Apple actually increased its revenue.

 

 

I haven't really read anything about Apple laying off any of their workers. But either way good news for Apple, must be making a ton of profit from cheap, fun app games from their iTunes store.

As I said, Apple's revenue (sales) is increasing so they don't need layoffs to post good profits.

Whether they're doing layoffs or not I don't know (if I had to guess I'd say no).