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AAPL Stock: 502.21 ( + 4.54 )

AAPL down on report of weak demand for Apple products

updated 05:55 pm EDT, Tue May 17, 2005

Demand down for products?


Apple stock today dropped by 44 cents to $35.11 after one analyst said that , while demand for others was strong. MarketWatch reports that Thomas Weisel Partners (TWP) said it found continued strong demand for the iMac G5, refreshed PowerBook and some iPods, including the iPod mini and Shuffle. TWP said that Mac mini sales were disappointing and that the demand for the high-end iPods appear to have slowed down considerably. "Our checks suggest Mac Mini sales are somewhat slow, as consumers realize that price including monitor is no bargain," he said. The firm maintains a 'Peer Perform' rating, with fair value range of $26 to $38, saying that the "current valuation is reasonable, but on the high side."


by MacNN Staff

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  1. Ganesha

    Senior User

    Joined: Jul 2002

    0
    05/17, 06:15pm | report spam | Reply |

    Should we trust?

    An article that can't even the closing price right?

  1. Saint_Stryfe

    Fresh-Faced Recruit

    Joined: Jul 2001

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    05/17, 06:24pm | report spam | Reply |

    Oh well...

    Another chance to buy up on not-really-that-bad news!

  1. mymacluvsme

    Fresh-Faced Recruit

    Joined: Aug 2004

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    05/17, 06:35pm | report spam | Reply |

    The marketing idea...

    ...was that the Mac Mini targets people who would switch from winblows to Mac already have a display (or "monitor" as they say in the pee-cee world, just as in this article).

  1. SmileyDude

    Dedicated MacNNer

    Joined: Apr 1999

    0
    05/17, 06:40pm | report spam | Reply |

    Mac mini

    Why does everyone say that the Mac mini with monitor is overpriced but completely neglect the fact that the mini is an excellent deal if you want a Mac and you already have a monitor? If it wasn't for the mini, I wouldn't have been able to get a new Mac this year. But, considering that I didn't have to drop additional cash for the monitor or even the memory (same memory in the mini as was in the PC), I thought it was a great deal.

    The mini isn't about being a complete system -- it's about replacing PCs and reusing existing components.

  1. beeble

    Fresh-Faced Recruit

    Joined: Mar 2004

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    05/17, 06:45pm | report spam | Reply |

    Display vs Monitor

    A monitor is so you can see what your computer is doing (to monitor the computer). A display is so you can see what you're doing (to display your work). Since people buy Mac's because they don't have time to waste on PC's and actually have work to do, I find the distinction most PC people make to be quite apt. Frankly it's one of the few comparisons they make that's accurate.

  1. mymacluvsme

    Fresh-Faced Recruit

    Joined: Aug 2004

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    05/17, 06:51pm | report spam | Reply |

    Re: Display vs Monitor

    beeble, I never thought of it like that. Great explanation!

  1. rtbarry

    Fresh-Faced Recruit

    Joined: Aug 2001

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    05/17, 06:52pm | report spam | Reply |

    Stock Analysts

    Name one (1) who has been historically accurate, to the extent that they can outperform my personal portfolio, which contains only solid companies that I believe in and who brands I use in my real life. Over the last 4 years (when I started really trading), I have been up 50-70%.

    Most of these bungholes would be lucky to be on the upside at all!

  1. trevc

    Fresh-Faced Recruit

    Joined: Mar 2000

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    05/17, 07:06pm | report spam | Reply |

    Bundles?

    Why doesn't Apple have several Mac Mini Bundles that shave a little off buying things seperately.

    i.e. Mac Mini with Keyboard/Mouse Mac Mini with Keyboard/Mouse/Monitor

    I think consumers want simple options. I had a PC friend go to the website and they wanted a Mac Mini and a new keyboard/mouse as their's was old/shot but even asked me if the Apple keyboard and mouse was compatable??

    Maybe help a bit?

  1. aristotles

    Grizzled Veteran

    Joined: Jul 2004

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    05/17, 08:03pm | report spam | Reply |

    He's forgetting Margins

    He is forgetting the brisk sales of "Tiger", and that the iMac and powerbooks have higher profit margins than the Mac mini. I also have some doubts about his numbers for the regular iPod. What is he comparing them against? The Christmas Quarter. Give me a break.

  1. resuna

    Fresh-Faced Recruit

    Joined: Jan 2005

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    05/17, 08:14pm | report spam | Reply |

    BYOKVM

    I think he means "people have been talked into thinking they need to buy a new monitor for their mini by the stupid pundits who are now complaining about Apple's sales". They always claim that a display costs $250-$400, too, when you can find 17" LCDs for under $200 if you shop around, and CRTs even cheaper.

    Personally, I think of it as "BYOKVM". Bring your own Keyboard/Video/Mouse Switch. That way you can Switch to the Mac in your own time, and eventually Switch off your PC for good.

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