tech

Apple's factories are running, but suppliers wary about iPhone demand

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By Yimou Lee, Heekyong Yang and Krishna N. Das

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If people believe a recession is coming then they will tighten their belts. Thus, making it a self fulfilling prophecy. Only a few diehards will go out and buy one at regular price.

Like they did last year, Apple will have to do some serious discounting to get demand back up this year! That is hard because if they go too low, consumers will expect the low prices all the time. That will ruin their whole business model!

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A new phone is not on my list as my income could fall to zero in the immediate future...

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I am hoping to get a good deal on the iPhone 11 soon.

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I do not know what people in other countries will do. Here down under with the economy literally in meltdown and tens of thousands Aussies news said even a million, would become unemployed. Who is going to buy a $2,000 new phone?

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