“Every month, Trip Chowdhry, the one-man band who covers all things tech under the moniker Global Equities Research, writes a piece he calls Silicon Scoop on current trends and gossip from the Valley. It’s always a good read, but this time around it is especially full of eye-opening predictions, many of them seriously distressing. It reads like Nostradamus has decided to cover the tech business,” Eric Savitz blogs for Barron’s. “Here are some of Trip’s current prognostications:
• Almost every Silicon Valley company is facing deteriorating business conditions and will cut their workforce by 3%-10% by year end.
• Motorola could get a life line in the form of equity investments from Microsoft and possibly Google, in return for supporting the Windows Mobile and Android mobile phone platforms.
• Apple, he says, is going to start selling iPhones via Costco at $149 starting in January.
Full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]