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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST
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To: rhet0ric who wrote (8532)2/16/1998 11:16:00 AM
From: soup  Read Replies (1) of 213177
 
A Snail's Pace.

1) Without going into specifics, I can attest that my costs for such older machines as the 7300/180 are going up and availability is dropping. (I sell Macs retail, for those that don't know.)

My perspective is obviously anecdotal but, if true industry-wide, it means that AAPL has been successful at clearing out older inventory without resorting to firesale pricing. (This is even with the G3 ad blitz -- a woman abruptly left my store the other day when I even *suggested* a model other than a G3.) :!

I initially attributed continued demand for these units are testimonies to AAPL's new wisdom of spec-ing the G3s as mid-level machines and holding off on delivering the new high-end's so as not to kill demand for the older stuff. (BTW, I'm not referring to the 6500 line, which I feel the current G3 line is the rightful replacement for.)

However my broker-analyst friend said that Jobs was *livid* when he learned that the planned G3 "PowerExpress" technology would not work and would have to be cancelled.

Better to be lucky than smart.

2) Regarding the suitability of El Se¤or Jobs for the CEO slot. I think he is fully aware of his own strengths and limitations and has constructed scenarios to either a) hand off the position to a good operations man whom he can live/work with or b) set up a team of subordinates that would allow to continue the "Office of the President" status.

Either way AAPL shareholders could do a hell of a lot worse.

soup
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