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Tuesday, June 21, 2005

Apple Courting Core Meltdown

TheStreet published an interesting story about Apple (AAPL) and its future outlook.

Apple Courting Core Meltdown
By Troy Wolverton
6/21/2005 7:00 AM EDT
The bull case for Apple (AAPL:Nasdaq) over the past year has been that booming sales of iPod music players will create a "halo effect" that will lead to higher demand for the company's Macintosh computers.

While Apple has seen an uptick in Macintosh sales in recent quarters, that momentum may be slowed by the recent announcement that it is switching the processor at the heart of its computers from the PowerPC line produced by IBM (IBM:NYSE - news - research) and Freescale Semiconductor (FSL:NYSE - news - research) to chips made by Intel (INTC:Nasdaq - news - research).

And many analysts believe the move to Intel will be beneficial to Apple in the long term, regardless of the short-term consequences.
Read further: Apple Courting Core Meltdown


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