Keith,
You and others on this thread do too much hand-wringing over sub-thou computers.
Apple's is in a slightly better position to profit from that market than Compaq, etc., by virtue of offering better performance with less-expensive chips. Margins will be low, but aren't likely to effect revenue generated from publishing, etc., as those buyers will of course opt for the big boxes.
But the whole computer landscape will shift over the next several years. The margins will not come from boxes, neither PPC, nor Intel, but from proprietary standards that can be licensed (none of which any big Wintel box maker possesses).
Apple has technology to aid it in making a the transition from isolated desktop boxes to network computing, which (imo) is inevitable. The wintel box makers and even msft are all still profiting from a norm that will soon become superannuated, making these stocks extremely expensive, imo.
Jobs is running the shop very lean and smart, I think. Which is correct, as the next paradigm hasn't yet settled. If aapl can generate even modest profits over the next few Qs, then it's still a very cheap stock.
well. . .
L.G. |
