Mac Sales Decline During Operation Enduring Downturn

Wed, Feb 18th, 2009

Looks like the econalypse is finally catching up with Apple (AAPL). Though the record revenue and profit the company posted for its fiscal first quarter, led many to conclude it was recession-proof, new metrics from Piper Jaffray suggest that Apple too is suffering from these economically challenging times. In a report to clients this week, Piper Jaffray’s Gene Munster said Mac sales are on a pace to decline on a year-over-year basis for the first time in six years.

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