I'd love to hear the recession doom-and-gloomers explain this one.

Apple has been smart and conservative in its investments, financial dealings, and product development. They won't put out a netbook just because analysts want them too and they won't cut prices just to increase market share.

The recession was caused by all those doing, pretty much, the exact opposite.

Reminds me of the old Mercedes. Somehow they managed to be at the cutting edge and cautiously conservative all at the same time.

David Pogue's strategy is similar.

The recession was caused by netbook manufacturers and price-cutters?

It was caused by people who were more interested in turning a profit then producing a quality product. What do you think toxic assets are? They're just the financial equivalent of a netbook...3-5 years out and they start falling to pieces. The computer manufacturers are just smart enough not to guarantee them for that long!

netbooks are basic, entry-level products, much of what the banks did was basically a scam. An equivalent would be the Chinese knockoffs like this one: http://www.ubergizmo.com/15/archives/2009/04/cect_m188_iphon...

Financial equivalent of a price-cutter - http://awurl.com/vfFnyQimZ -

feel's really warm & fuzzy @ 1% for 5 years then you start burning up. Negative amortization is evil.