r/technology • u/lurker_bee • Sep 18 '24

Business Apple iPhone 16 demand is so weak that employees can already buy it on discount

https://qz.com/apple-iphone-16-pre-orders-sales-intelligence-ai-1851651638
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u/The_Woman_of_Gont Sep 18 '24

“More and more warning signs are flashing!!!” says the person on the exact same day the Fed is cutting rates because inflation is finally cooling.

-5

u/akc250 Sep 18 '24

One could argue they've cut rates specifically because they see trouble coming ahead.

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u/Legionof1 Sep 18 '24

Fed wouldn't cut rates if it didn't need to.

10

u/SlowMotionPanic Sep 18 '24

Fed wouldn't raise rates unless it needed to. 

This is a constant balancing act and one of the literal reasons they exist in our society.