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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Marc Newman who wrote (8869)	2/27/1998 2:14:00 AM
From: Linda Kaplan	Respond to of 213173

DARNED GOOD THING I DIDN'T BUY ONE LAST WEEK! Ack! This is the first time I've been lucky. I'll wait for the next generation, assuming it'll be faster. See below: Headline: On-Line Reports Say Apple To Cut Prices On Powerful G3 Machines ====================================================================== NEW YORK -(Dow Jones)- Apple Computer Inc. is expected to lower the price of its powerful G3 computers by up to 17%, as the computer maker prepares to roll out new products, according to on-line news reports. Apple (AAPL) officials weren't available for comment Thursday. C/Net, an on-line news publication that covers the computer industry, earlier this week reported price cuts ranging up to 17% on desktop and minitower versions of Apple Computer's Power MacIntosh line. The price cuts cited by C/Net range from $150 to $500. Apple claims its G3 line of computers is faster and cheaper than equivalent PCs based on Intel Corp.'s Pentium II chips. The firm said it has shipped 133,000 G3 machines since November. Apple said it had forecast it would sell 80,000 G3 computers in the quarter. The G3 series sells for between $2,000 and $5,700. They use a new PowerPC microprocessor running at a speed of up to 266 megahertz. On-line news reports and First Call analysts' reports also predicted Apple will introduce new products, including servers. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. Linda