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The absolute levels are their best quarter ever. Can’t possibly be that bad, can it?
by pdpi 9y ago
The absolute levels are their best quarter ever. Can’t possibly be that bad, can it?
- philwelch 9y agoTheir best quarters were supply-constrained. If there are d units demanded and p units produced, and d >> p, then unit sales = p. Next year, if there are d' units demanded and p' units produced, and d' >= p' while p' > p, then unit sales are going to go up. This tells you a little bit about d', but not everything.