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Citigroup: Intel-PowerBooks coming in January

updated 11:50 am EST, Wed November 30, 2005

Intel-PowerBooks at MWSF?

Apple may introduce its with a built-in iSight camera--much like the one in the newly redesigned iMac G5--is expected at Macworld Expo in January. Reuters reports that Gardner raised his target on Apple stock to $71 from $51 and boosted his earnings forecasts for the next two years, lifting AAPL by 10 cents to $68.20 in active morning trading.

For the current quarter, Gardner raised his revenue estimate to $5.5 billion from $4.8 billion and his earnings-per share forecast to 60 cents from 47 cents and also raised his 2006 revenue forecast to $20.4 billion from $17.6 billion along with his 2006 earnings estimate to $2.16 a share from $1.72, according to the Reuters report. For 2007, the firm predicts revenue of $24.3 billion and per-share profit of $2.61, up from the previous forecasts of $19.6 billion and $1.93.

"We are becoming more convinced that Apple will introduce its first Intel-based PowerBook at Macworld San Francisco," Gardner said in a note to clients. That conference runs from January 9 to 13.

Rehashing earlier reports, Gardner said these product introductions would be sooner than expected, which should help minimize the risk that Apple would end the quarter with a backlog of unsold inventory as customers anticipate the arrival of the new models.




by MacNN Staff

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Comments

  1. apple4ever

    Joined: Dec 1969

    0

    Glad...

    that I got my 17" PPC when I did. Long live the PPC!

  1. ATPTourFan

    Joined: Dec 1969

    0

    "Laptops" == PowerBooks

    By "laptops", they should be thinking iBooks which are due for a serious upgrade. That design, while good, has been around since May 2001.

    It also makes a LOT more sense to deliver the first Intel Macs in the consumer end as those customers will be using mostly Apple applications (iTunes, iMovies, Safari, etc) which will be Intel native upon release of the new hardware. Releasing tools for the professional customers would be a mistake since they will be using mostly 3rd party apps which will most likely not be fully ready to run natively (at full speed) on the new hardware.

    It's going to be iBooks and a new Mac mini at Macworld SF.

  1. JeffHarris

    Joined: Dec 1969

    0

    PPC For Me!

    I just got a new Hi-Res 15" PowerBook and LOVE it! The best PowerBook yet and I've owned 5 of various vintages.

    I can't imagine buying a bug-ridden Rev. A Intel MacANYthing.

    Yes, I WANT to run the majority of my software in emulation! Yes, I DREAM of hardware incompatibilities! Yes, I fantasize that I'll have no compatible drivers for all my peripherals!

    I know that I'll make a killing on eBay selling all my gear rather than wait 2 or 3 years for compatible drivers to appear... if the EVER appear.

    Remember the transition to Mac OS X!

    I can't imagine that the Pro line will make the move to Intel before the consumer lines. We Pro users need software to run full speed and drivers for all our peripherals! Not to mention no hardware/software incom

    Well, the iBook DOES need a refresh. Though it's become nearly as iconic as the iPod.

  1. kaisdaddy

    Joined: Dec 1969

    0

    Meh...

    Many of these highly paid analysts get their info from the same places we do. They all have thinksecret and appleinsider on their favorites tab. :-) As soon as enough places start repeating the same story, they then parrot it, which makes it "legitimate".

    Anybody remember Macworld SF two years ago when everybody was way off the mark? I'm not saying that there won't be new notebooks introduced at MWSF - I'm just not convinced that these experts no any more than we do.

  1. kaisdaddy

    Joined: Dec 1969

    0

    BAD grammar!

    I meant to say know - not no.

  1. riverfreak

    Joined: Dec 1969

    0

    sounds like....

    ...he has a broadband connection and access to AppleInsider.

  1. riverfreak

    Joined: Dec 1969

    0

    I don't buy

    ...the arguments justifying consumer level release of Intel macs before pro level. There are LOTS of pro users who don't rely on FC, PS, etc -- indeed who don't even do graphics work. An early transition to Intel in the Pro line only makes sense. High dollar items, high margin items, stimulate developers to get their apps up to snuff. The consumer/pro levels are already so similar - consumer-level release of Intel Macs is just going to confuse things even more so. If Pro users cannot sit down and evaluate whether a new Intel-based machine will meet their IT needs, they might just want wnat to rethink their "pro" status. And just because there is new hardware available doesn't mean one has to buy it!

  1. dashiel

    Joined: Dec 1969

    0

    jeff

    i bet emulated apps running on 65nm 2.16 Ghz yonah chip with a bus speed faster than the 133Mhz that the powerbooks are stuck on will get performance close to native PPC.

    that's one of main benefits, and reasons, for this switch. unlike the desktop machines the powerbook architecture is so outdated that the "emulation tax" will range from insignificant to non-existant.

  1. sammaffei

    Joined: Dec 1969

    0

    I get an Intel mini if...

    I can dual boot Mac OS X and Windows.

    Boo if you want. But some of us have to live in both worlds. I love Mac OS X, but there are somethings that can only be done in Windows (like updating maps for a Garmin GPS).

  1. testudo

    Joined: Dec 1969

    0

    Re: I don't buy

    Sorry, but I don't buy the "powerbooks first" argument. By definition, a pro user is one who works with his machine, pushing it, needing the features and software. They are more than likely to be the ones using the Pro apps, not just Apple's but third-party ones. And these will most likely NOT be ready when the first machines hit the market (some may never hit the market, as they just give up and get out of the mac business).

    But, then, you have the argument that "just because there is new hardware doesn't mean one has to buy it". That's true. Unless you've just hired 5 new people and need powerbooks. OK, who here would actually go "Hey, they've got new intel powerbooks out, but I'm going to buy the old, crusty model that were outdated even before the Intel's shipped. I don't care if I feel like I'm wasting my money!" And of course, with the new powerbooks being cheaper (well, for some reason, people keep saying the intel's will be cheaper computers than apple sells now, like Apple would actually lower prices on something), you now put your customers in a fix.

    Meanwhile, if you start with the 'consumer' machines, the apps being used are usually Apple apps or standard PPC fare that could run in Rosetta. This would then give the pro-app developers time to finalize their software, Apple time to flesh out all the problems that are bound to appear (when was the last time Apple released a new OS or system that didn't have more than its fair share of problems?) on the poor neophyte consumer, rather then the high-powered business user, who is less likely to accept loss of files because of some programming bug.

    Oh, and don't be surprised to see them in January. Apple's also well known for releasing computers and OS's before they're tested or ready. Just don't buy one if you want to do real work on.

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