fever pitch, a new email from the company arrived: an invitation for a
media event focused on that very business, which will take place
Tuesday at its headquarters in Cupertino, Calif. The invitation shows a
single spotlight on the company’s logo on a notebook computer.
Analysts expect the company to unveil new versions of its MacBook
and MacBook Pro notebook computers, including a model that would be
priced below $1,000 for the first time. Some analysts are expecting the
laptops to start at under $800, compared with $1,099 now.
Though Apple took the word computer out of its name, the Macintosh
is still very hot and crucial to the company’s business. In the quarter
ended in June, Mac revenues grew 43% from the previous year. Notebook
sales accounted for 61% of that, growing 42% from a year earlier.
If Apple releases a sub-$1,000 MacBook, Piper Jaffray analyst Gene
Munster says it could increase demand by 15% more than the 20% growth
that Wall Street is already expecting for the quarter ending in
December. That could help give investors much needed confidence in the
stock, which has been slammed on concerns that the economic slowdown
could be hurting demand for its products.
Source : http://blogs.wsj.com/
