updated 06:55 am EDT, Mon July 19, 2004
Apple\'s G5 iMac delay
Market research firm IDC says that Apple's G5 iMac delay, due primarily to IBM's inability to produce and deliver significant quanities of the G5 CPU, will have a on the company's bottom line, according to a Reuters report: "The new iMac will miss out on the crucial back-to-school season. Education sales account for about 25 percent of Apple's total revenue...Using 2003 shipments figures as a proxy, Kay said that one month of lost iMac production amounted to about 32,000 units, or about $32 million in sales, Kay said, which IDC translated to a bottom-line hit of about $260,000, after production costs, taxes and other costs. 'We looked at that figure and said it's not that big a deal,' Kay said. 'We think that kind of math is what led the company to make the decision they did (to delay the new iMac launch).'"