To: Kip S who wrote (46003 ) 7/17/2005 12:17:15 AM From: HerbVic Read Replies (4) | Respond to Michal, post # 45093 (excerpted from BBC News article)Graham Barlow, editor of MacFormat magazine, said some people may not buy a new Apple machine knowing that a new processor was coming out next year. ... It is hard to say what will happen to sales but if I needed a new machine, I wouldn't be worrying about what apple would or would not be putting out in a year or two. Any way you lipstick it, people like me and others on this list and worldwide are not going to touch a new Mac until it's a MacIntel, period. This fact will impact the bottom line, double zero doubt about it. Having just purchased a new iMac G5, I'm sitting here wondering what I'm supposed to be worrying about? ... <snip> ... So I think there is some downside to owning or purchasing a new G5, but not for most users. However, I agree that consumer perceptions may be to the contrary and that could be the Achilles heel of this switch. ... The way I look at it is: I almost upgraded this year; if I had, I'd be so pissed off right now, I can't tell you. ... ... I can't think of a better time to buy a G5. It's not like the software stops working tomorrow. Well, clearly sales will continue. It is just that some would-be-buyers will abstain for fear of investing in the obsolete. That means that sales will decline from previous projections. With an already rich valuation, the absolute best scenario for the stock is to hold here in a trading range. Agree. Shall see: $40+ woohoo, or serious break down bummer, under $34. It was under $34 before the Intel rumor jacked it back up. With flattening iPod growth and pressure on cpu sales this thing has a date with the 20s by earnings, IMO. Agree. Stage Four. Just for grins, my projection is a slow pullback to around 28 - 29ish. May not hit bottom until around end Sept. early October. So is anyone pondering selling Apple and locking in their gains or is everyone going to wait until the stock really tumbles then claim they sold it at a much higher price? My projection is for a quicker descent to sub-$25 as sales for *this* quarter will already show impact from the recent announcement and next quarter will either be guided downward in a few weeks or Apple will be in a "warning" situation. Then flat until rumors of earlier-than-expected x86 transition jack the stock to...heck, who knows where. ... I think the Ipod effect is behind or already discounted and nothing else to drive them higher. I might re-enter once the overall market has cleansed itself with a good 1000 point decline. So maybe Sep-Nov might be a good re-entry point assuming Jobs hasn't pulled an egg out of his hat by then. Headed down towards the low 20s and a nice buying opportunity.
