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


To: JDN who wrote (43781)1/16/1999 8:22:00 AM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
Hope this hasn't been posted yet. From the Yahoo Zoo. El



Two Presarios top December PC sales, iMac #3..
by: masstrader (34/M/Botson, MA)
49433 of 49439
Good news for CPQ:

iMac falls to #3 in December retail sales
by Ben Wilson, bwilson@maccentral.com
January 15, 1999, 2:00 pm ET

Apparently, the initial burst of success for the iMac couldn't last forever. The latest
figures from PC
Data, a respected source on statistics for retail sales, shows that the iMac has fallen
from its #1 perch in
November to #3 in December for retail sales.

The top 2 computers both came from Compaq. #1 was the Presario 5170 T6/350/MMX
128/10.0 32X
56K Zip W98, and #2 was the Presario 5150 A6-2/350/MMX 128/8.0 32X 56K W98.
However,
Apple's iMac still beat out popular computers from Hewlett Packard, E-Machines, and
Packard Bell.

This week, along with positive earnings from Apple, many analysts downgraded their
outlook on the
company's future financial success due to a potential slow in the sales of iMacs during
the second
quarter of 1999. Today, another firm, Sands Brothers, resounded those worries by
downgrading
Apple's stock to "Buy" from "Strong Buy."

It should be noted, however, that many industry experts are looking to the revved colorful
iMacs
announced at the Macworld Expo in San Francisco to revitalize sales.