Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: WebDrone who wrote (16679)	8/14/1998 12:23:00 PM
From: Robert Mayo	Respond to of 213177

"How did you get $200/imac profit? Seems a tad low." It certainly does, particularly at the $1299 selling price which, given the demand, Apple is likely to maintain for a while. Remember all those articles a few months ago that speculated Apple would quickly lower the iMac's price to $999 (below the magic $1000 barrier) after the initial sales spurt? Apple has substantial margins at the current iMac price. Apple has forecast shrinking margins over time, a clear indication it's ready to price the iMac more aggressively when sales momentum warrants. (Just before Christmas perhaps?) Bob