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The fourth quarter report, said Robert Gordon, a professor of economics at Northwestern University, "shows the economy staggering, with the consumer holding up the other actors".
"From everything we're seeing out on the street, the fourth quarter report will slow prices down across the board in every neighborhood," Mr. Signet said.
The full-year picture looked bleaker than the fourth quarter report as earnings slid by 30% during 2009.
The PC maker posted a 30-cent profit for the quarter, missing the First Call/Thomson Financial estimate for this quarter and the company's year-ago fourth quarter report by one penny.
In its fourth quarter report last year, the Federal Reserve Bank of New York remarked that outstanding student loan balances are at $1.2 trillion, and that 11.6% of aggregate student loan debt was 90+ days delinquent or in default in 2015.
In its fourth quarter report released this month, Apple said many of its rivals have broader product lines and cheaper prices, meaning the Mac has to "maintain its functional and design advantages".
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Similarly, its American newspapers don't figure too highly in its third quarter report either.
Its third quarter report is scheduled for October 2.
First quarter reports were released Monday.
Third quarter reports cover July 1 through Sept. 30.
But the second quarter, reported July 17, was just as dismal.
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CEO of Professional Science Editing for Scientists @ prosciediting.com