The company, formed last year through the amalgamation of six dealerships, operates 24 of Australia's 68 Applecentres, accounting for 40 per cent of Apple Australia's turnover.
Companies go bust and credit insurers get nervous.
We all know this. Dabs - have admitted to credit squeeze, but it is reasonable to infer that this is a widespread problem. Microscope has a piece on the subject - it's very short on specifics. But in the circumstances, this is just as well. The quickest way to see a struggling company go down the tubes is to tell the world it's a struggling company.