Apple Computer, Inc. update

Posted on April 20, 2006 , filed under Stocks | Print This Post

AAPL, Apple Computer, Inc. is up today on strong reported sales of its iPod music players and a 4% increase in PC sales. I caught two articles this morning that seem to point toward my predictions about Apple and INTC, Intel Corporation.

More on Apple’s iPod sales, taken from this TheStreet.com article,

Apple Computer topped the Street’s second-quarter earnings expectations on Wednesday, but offered more bad news than good in its latest financial update.

The company missed analysts’ revenue expectations and offered disappointing guidance for the coming third quarter. Perhaps more disturbingly, the company’s iPod shipments fell far below analysts’ targets, which had already been revised downward in recent weeks.

More on Apple’s PC sales, taken from this AP article,

A “majority” of the 1.1 million Macintosh computers shipped in the second quarter were Intel-based ones, company officials said during a conference call with analysts. The quarter marked the company’s first to include Intel-based Mac sales.

I guess it’s time to coin a new phrase. I would call the new Intel powered Apple PC’s, Apptel’s or Mactel’s. I’m leaning toward Mactel. I’m surprised I haven’t heard the phrase yet.

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