Apple’s fourth quarter results later this month may be one of the most widely-awaited events since the Vice Presidential debates.
After the stock whipsawed on analyst downgrades then health rumors surrounding CEO Steve Jobs, investment analysts now suggest Apple must either report strong sales or announce new products.
If Apple does not report healthy sales of Macs during the September quarter, “the importance of the new Mac increases substantially,” Piper Jaffray analyst Gene Munster told Cult of Mac Tuesday.
Munster, the investment research firm’s lead Apple watcher, held to his expectation Apple will announce redesigned MacBooks, including a sub-$1,000 Mac.
In a note to investor, Munster wrote the likelihood of such a product refresher increased after Apple provided guidance of a 31.5 percent gross margin due to upcoming “new, lower-margin products.”
“The product changes we have seen thus far do not warrant such a dramatic decrease in margins,” the analyst said. Piper Jaffray expects a 32 percent gross margin for September.
Although Apple announced new iPod nanos plus lower-cost iPod Touch for the back-to-school period, the cuts came amidst lower NAND memory prices. Munster called concern over Apple’s lower margins due to the products are “overestimated.”
Earlier this month, Barclay’s reduced its target price for Apple shares, citing an “obvious economic weakness.” Like Munster, Barclays’ analyst Ben Reitzes believes a “less-expensive” device could help Apple’s marketshare.
Written by Ed Sutherland | Source: http://cultofmac.com
on October 7th, 2008 with no comments.
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LOMME (Light Over Matter Mind Evolution) is cocooning for the aughts, or “a unique sleep experience and rejuvenation environment,” as the designers call it.
The fiberglass egg-shaped bed emits soothing sounds (from a built-in iPod), beams tired eyes with “color-therapy filtered lights,” and offers a variety of massage options.
All functions are controlled by a specially-programmed iPhone.
Created by a design trio based in Lichenstein, only the price may not make you rest easy: around 40,00 euro, or about $55,000.
Written by nicole_martinelli | Source: http://cultofmac.com
on October 7th, 2008 with no comments.
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As you know, Apple issued a recall on their Apple Ultracompact USB Power Adapter due to safety concerns relating to the metal prongs breaking off in electrical sockets. We just received word from reader Shawn that he has received the replacement he ordered online, so those of you going the internet route should see yours soon. More information on the recall is available here.
Thanks, Shawn!
Written by Edward Kirk | Source: http://www.iphonealley.com/sitewide?
on October 7th, 2008 with no comments.
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Written by Steven Sande
Filed under: Audio, Software, iPhone, App StoreThe geniuses at Weather Underground have done it again! Now they've capitalized on their insight into weather radio to bring the iPhone world WunderRadio. Available in the App Store (click opens iTunes) for US$5.99, WunderRadio provides...
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Written by Apple iPhone - best news, blogs, videos, photos and more - Boxxet | Source: http://www.boxxet.com/iPhone/
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Written by Seth Gilbert
Smartphone sales were up handsomely in the U.S. in the first half of the year and the average price of smartphones was down 26% to $174 in August (via NPD Group). With consumer spending on the wane and all the doom and gloom of the current economic climate likely to seal wallets even tighter, som...
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