With less than two weeks before the end of Apple’s March quarter, Shaw Wu of American Technology Research expects the company to shake off the doldrums that are dragging down the rest of the U.S. economy. “Our sense is that the Mac business is recession proof,” he writes in a report to clients issued Thursday morning. Based on his supply chain checks, Wu sees good news throughout Apple’s (AAPL) product line:Analyst: Apple appears ‘recession proof’
Mar 20, 2008
NEWS: Analyst: Apple appears ‘recession proof’
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MARCH 20, 2008, 11:40 AM
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