Jim, a predictable trading day for AAPL. Sucker the morning buyers with a feeble attempt on twenty, then quiet as we wait for the news that can propel us upwards.
Meanwhile, I think you're showing mixed loyalties--your link doesn't do much for the AAPL investor. <<gg>>
Eric's link is a great one. Perhaps they just aren't going to sell any more 8600s to the education channel, but it sounds like those inventories could be low across the board. On the other hand, it is the 7300, 6500, and 5500 that are more worrisome. Those will probably be dumped on educational institutions soon, so they won't clog the channel like the Performas did.
Anyway, hoping for bullish comments on Apple's inventory by Mr. Anderson this afternoon. Jobs did say it was at a low level back in Nov. and if they only sold 133,000 G3s then they sold 500,000 of the old stuff. Have to think that non-G3 levels should be even lower now.
The G3s are just beautiful. High margin, easy to manufacture, in demand. I think they are making all the difference between slight losses and decent profits.
Marc |
