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

To: HerbVic who wrote (12772)	5/5/1998 10:00:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 213177

Headline: Apple (NASDAQ:AAPL) to launch new PowerBooks this week ====================================================================== SAN FRANCISCO, May 5 (Reuters) - Apple Computer Inc is expected to introduce a new line of PowerBook computers at a press conference Wednesday, in a much-needed refreshment of its current notebook computer line, analysts said. Apple will introduce new Powerbooks designed around its G3 processor -- code-named Wall Street -- with a wide range of options and prices expected to start around $2,250 for the lowest-cost model. The systems will also include the fastest PowerBook to date, with a 292 megahertz PowerPC chip. "They haven't refreshed them since November," said Lou Mazzucchelli, a Gerard Klauer Mattison & Co analyst. "There could be all sorts of other stuff too," Mazzucchelli said, adding that Apple could also unveil another online store, but one targeted specifically to the education market. "It would allow teachers and school systems to build to order (Apple products) on the Web," he said. Apple has had some success selling Macintoshes and other products over the Internet at its Apple Online store since November. "It will stem the defection, certainly," Mazzucchelli said of Apple's declining share of the education market. A spokesman for the Cupertino, Calif.-based company declined to comment on unannounced products. Apple may also provide more details about its acquisition on Monday of some video editing technology from Macromedia Inc (NASDAQ:MACR), which analysts said they believe is "Final Cut," Macromedia's video editing suite. Apple did not provide any details in a statement late Monday on the acquisition, except to say that it acquired technology from Macromedia to enhance future versions of its QuickTime multimedia content authoring and playback software. Daniel Kunstler, a J.P. Morgan analyst, said Apple could also provide some details on its anticipated consumer products for later this year, but he added that he is only speculating. Copyright 1998, Reuters News Service