postmortemIA
Diamond Member
Having cash or not, it doesn't change the picture. They haven't get caught in first wave - fine, but what do you think is coming rest of this year? It is irresponsible of any company (cough BIG 3) to count on cash-on-hand and operate at loss. That is why most companies -even profitable ones - are laying off because in future they won't need these workers.
Any company that produces stuff that is not necessity has been hit by this crisis. Some later than others.
Beside, their sales did already take some small hit on laptops, and larger on desktops.
http://www.crn.com/hardware/214500933
Any company that produces stuff that is not necessity has been hit by this crisis. Some later than others.
Beside, their sales did already take some small hit on laptops, and larger on desktops.
http://www.crn.com/hardware/214500933