I wondered how long it would take MSM to link the NYT story regarding slowdown in the luxury/fashion business to Apple. Ask and yea shall receive. Forbes:
“We believe Apple is disproportionately exposed to a potential slowdown in U.S. consumer spending,” Bernstein Research analyst Toni Sacconaghi wrote in a note to investors Friday.
If confidence continues to slip, look for the novelty of more than just the iPod to start wearing thin with consumers.
Let’s call it 72 hours.
