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D. Swiss and other Dell faithful, from Barrons today:
Still, in the long run -- say, a year or two from now -- it seems highly unlikely that Apple can continue to grow and flourish by catering mainly to the consumer market, contends Michael Murphy, publisher of the California Technology Stock Letter.
The new G4 Power Mac looks like a hit, but a shortage of Motorola-made chips will keep Apple from cashing in for now. "Apple has become the worldwide leader in selling plastic," says Murphy, cynically referring to Apple's emphasis on design over function with its trendy iMacs and iBooks, which sell for about $1,199 and $1,599 respectively.
Murphy, who has been an Apple loyalist for more than a decade, says choices made by his small publishing and investment firm provide anecdotal evidence of how Apple is losing ground with sophisticated users.
"We've been an all-Mac shop for years, but we just bought new Dells. We threw in the towel," Murphy concedes. "At the high end, aside from graphics professionals, Apple is done."
interactive.wsj.com
Regards,
Marty |
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