Good/Bad news for Tech
Today should have been the governments day. Big Announcement, invite the press and attach Eamonn Ryan’s grin to his face. The story was big, 50 Technology Jobs and 300 from a new upcoming tech firm. All went to plan however it’s place in the headlines was soon to be lost later in the day.
By the evening news nearly 300 jobs had been shed at Intel, Ireland’s largest multinational. Previous redundancies were to be mandatory however a drop in demand for their services has been blamed for this mandatory cut of posts.
300 jobs created, 300 jobs lost all in one day.
I find it hard to believe that Intel has seen a drop in sales. On this same day Apple has announced another record profit!
The American tech giant shipped 2.5 million Macs in its 3rd quarter and they all contain Intel chips.
5 million Iphones and 10 million iPods also helped Apple see it’s best non holiday quarter in history. Apple really is a company that knows how to ride out the recession.
It makes me wonder whether Apple will lower its prices anytime soon. I forked out €1200 for this MacBook that I’m writing on and their phone would set me back half of that!
I bought my laptop during the boom however I can’t even envisage myself getting a new iPod in these times and there are many other people who are even more strapped for cash. How then does Apple produce an $8 billion profit?
The answer, I don’t know!
