« Apple Releases iLife Support 8.3 Update | Home | AT&T Currently Developing Voice-Controlled iPhone Applications »
July 23, 2008
Rumor: Apple May Release Sub-US$1,000 Notebook Later This Year

It came from Rumorville, so it must be true.
On Tuesday, investment bank Piper Jaffray stated that it believes Apple is readying new iPod and notebook products which could apply downward pressure to profit margins given a lower price focus. The leading cause for this: a potential new 13" MacBook priced under US$1,000.
According to AppleInsider, Apple caught analysts and investors off guard by guiding the company's gross margin down to 31.5% for the current quarter ending September, and down to 30% for all of fiscal 2009.
In a report released yesterday, Piper Jaffray analyst Gene Munster stated that there appear to be two primary reasons for Apple's market guidance:
First, Munster stated that management is likely continuing with its historical practice of guiding gross margin 270 basis points (2.7%) below the previous quarter's actual margin.
Secondly, he believes the company is preparing to cut the prices of existing products to maintain its momentum during a time of economic uncertainty.
"We believe there is an 80% chance Apple will introduce redesigned MacBooks and possibly new MacBook Pros at lower price points," he wrote. "Specifically, Apple may re-enter the US$999 price point (currently US$1,099) with the MacBook, or test the $1,799 price point with the MacBook Pro (currently US$1,999)."
Munster also stated that he expects "slightly redesigned iPods" that will include "lower-cost touch-based iPods" in time for the holiday shopping season.
"We believe Apple is getting slightly more aggressive with its pricing; but overall the company is not diverting from its strategy of premium pricing," said Munster.
While the focus this week will be "anxiety over gross margin," Munster believes it's only a matter of time before Wall Street clears its head and looks past margin guidance to focus on fundamentals, such as the upcoming product transitions and the positive impact those new products will have on revenue growth.
Stay tuned for more news on this as it becomes available and if you've heard anything on your end, let us know in the comments or forums.
Posted by chrisbarylick at July 23, 2008 8:46 AM
Category: Rumor
Tags: 13", Apple, Gene Munster, iPod, MacBook, Macintosh, market, notebook, Piper Jaffray, release, Rumorville, touch, Wall Street
Buy from: Apple, iTunes
, Amazon
.
Digg This |
Post to del.icio.us |
Post to Furl
- Apple Offers Complimentary Repairs for Select MacBook Pro Notebooks with Nvidia Chips
- Apple Patent Suggests Possible Voice Commands for iPhone, iPod Touch and/or Apple TV
- Delicious Library Updated to 2.0.4
- Apple Releases Security Update 2008-007
- Adium X Reaches 1.3.2
- Apple to Hold Notebook Event on October 14th
- AT&T Launches Online Account Setup For iPhone 3G Customers
- Apple Announces iPhone Tech Talk World Tour
- Potential Next-Gen MacBook Shots Leaked, Lower Price Point Mentioned
- Opinion: Trying to Do the Right Thing
- Upcoming RealVNC Version to Add iPhone, Additional Handset Support
- Opera 9.60 Out the Door
- Shaker Pulled From App Store
- Blackberry Storm Enters Touch-Screen Device Fray (Updated)
- VLC Updated to 0.9.4
Trackback Pings
TrackBack URL for this entry:
http://www.powerpage.org/mt/mt-tb.cgi/11519
Comments
Apple has something big up its sleeve. It's about to flex its burgeoning biceps.
Posted by: Partners in Grime at July 23, 2008 12:07 PM
HAHAHA! Didn't rumor-ville also say that the iTablet was to be announced with the iPhone 3G? Ya gotta love Apple product rumors.
Posted by: RB at July 23, 2008 12:58 PM










