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Technology Stocks : Apple Inc.

AAPL 259.95

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To: Moominoid who wrote (13684)	5/16/1998 2:18:00 PM
From: soup	Read Replies (2) of 213182

iMac Update. via MacOSRumors >A reader had these insights into the forthcoming iMac, from an Apple briefing: The senior engineer guy said that Jobs and others visited Maxell during the development of the iMac and found that Maxell has not manufactured a floppy in a few years and has much warehouse space wasting away storing too many of the buggers. Therefore, Jobs figured that floppies are no longer hip for storing files, so they looked for other solutions. Also, it was mentioned that the iMac, being a consumer-oriented machine, was nicely positioned to transfer files electronically "through the wire" so to speak. Meaning that Apple will encourage owners of the machine to transfer files via the Internet. He also said the iMac would be an excellent complementary machine to the G3 for classrooms. [We interpret this to mean that Apple is not going to try and sell this machine as an end-all, be-all, rather a nice little "appliance" for Internet stuff and lower-end applications.] He also mentioned that the 33.6Kps modem will most likely be changed. CompUSA already has 70,000 advance orders for a machine that hasn't even begun production!< -------------------------------------------- I love fundamentals. soup

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