Exclusive Deal While supplies last, save 40% off over 40 iPhone 5 and iPhone 4/4S cases and chargers as well as Samsung S III cases at Kensington.com. Use coupon code 'SAVE40%' at checkout to receive this exclusive discount.      
toggle

AAPL Stock: 445.15 ( + 3.01 )

http://www.macnn.com/articles/02/06/25/c|net:.imac/

c|net: iMac inventory overflowing

updated 11:55 pm EDT, Tue June 25, 2002

 
", 0, 0);


Apple resellers and distributers are now finding themselves stuck with as much as 15 weeks of inventory in a rapidly-slowing economy, according to a c|net article that points to distributor Ingram Micro stock of over 2,600 units and less than 200 orders from resellers over the past week. A demand slowdown hit Apple in the third quarter, as the company -- along with many other industry leaders -- warned of reduced earnings due to declining demand. Apple had said it expected to exit the quarter with inventory flat with levels at the end of last quarter, when it had 4-5 weeks of inventory. Other published reports reference a $100 order incentive Apple is offering to dealers who purchase iMacs by the end of the month to achieve lower inventory levels and achieve the quarterly revenue and profit expectations.


by MacNN Staff

Post tools:

TAGS :

 Investor
toggle

Comments

  1. PookJP

    Mac Enthusiast

    Joined: Jan 2001

    0

    Darn.

    Dagnabbit.

  1. Blizaine

    Mac Enthusiast

    Joined: Jan 1999

    0

    reason...

    "...reports reference a $100 order incentive Apple is offering to dealers who purchase iMacs by the end of the month..."

    Looks like iMac's 'may' get a little speed bump at MWNY.

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0

    re: reason....

    LOL Obvious you didn't read the rest of the sentance:

    "...to achieve lower inventory levels and achieve the quarterly revenue and profit expectations."

    Has NOTHING to do with speed bumped or new iMacs at MacWorld.

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0

    No new models

    In fact, this may mean any revisions will be postponed until the inventory is cleared. Apple is not going to want to end-of-life 15 weeks of inventory just to introduce faster models.

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0

    Give ME the $100

    Drop the prices to January levels, and I'll start salivating again. After dealing with recent problems with my PC desktop I might just be ready for my 2nd Mac.

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0

    One word cause: "eMac"

    The eMac is what people really want apparently. A cheap, big screen iMac. Apple realized they weren't selling iMac LCDs and opened up the eMac to at least sell *something* to the dekstop consumer market.

    The $100 price hike certainly didn't help, and now they are taking that money back from *dealers* to do some good old fashioned channel stuffing.

    You know all they have to do is lower the price of the iPod and get more people hooked on those so that they NEED an iMac to to use it. Then lower the price of the friggin iMacs!

    The price is just too high for what you get (when compared to other PC makers).

    Take out the CD-RW on the low end to bring the price even lower, put CD-RW in the middle and leave SuperDrive in the top. DVD is replacing VHS for videos so why put DVD in a computer when the person is most likely to have a real player for their big(ger) screen TV now.

    Prices should be 1199, 1299 and 1699. iPod should be 299 to 349 (10 gig.). Also sell a new remote control dongle that plugs between the ear buds and iPod (the socket has some extra features not being exploited).

    C'mon Apple lets get going!

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0

    ipod software

    They already have Ipod software out where you don't need a mac, Apple as well as another company has it out already, no need for a mac in that respect. I never liked the new iLamps, they are just too ugly, that boring white color puts you to sleep. I didn't think it would sell much beyond the mac user base, the origional imacs were a better design, looked fun and fresh.

Login Here

Not a member of the MacNN forums? Register now for free.

 
close
Photo
toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

MaxUpgrades MaxConnect for 2006-2008 Mac Pro

Nobody outside of Cupertino's privileged bunch knows the future of the Mac Pro line for sure. Despite Apple's reluctance to tell us wh ...

Brother HL-3170CDW LED Printer

We've mentioned before that we are far from a paperless society. For now, at least, there are tasks that require a piece of paper for ...

HTC One

It is hard to overstate just how critically important the HTC One is to the Taiwanese company’s fortunes. Despite its alarming decline ...

toggle

Most Commented