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Technology Stocks : Apple Inc.

AAPL 273.40

-0.1%

Dec 26 9:30 AM EST

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To: soup who wrote (14181)	5/31/1998 11:35:00 AM
From: soup	Read Replies (1) of 213177

Gateway Acknowledges its CPUs Are Good for Two Years. I don't know how many of you all caught Charlie Rose's interview of Gateway's CEO, but Mr. Rose asked what Gateway was doing about product obsolescence. Said CEO (forgot his name) said that it was Gateway's policy to offer a trade-in policy after two years. This is a tacit admission that it makes sense to trade-in even Gateway's top-line products after 24 months for a token reimbursement. If so, what is the realistic lifespan of of its "under $1,000" products? This is what I think Steve Jobs was referring to when he said the iMac was "tomorrow's technology for $1300 vs. last year's for $1000." If they can keep pounding that idea home, as well out exploiting the G3 advantage as a server solution, they're going to sell a lot of hardware. soup

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