Well...it's coming.....
Apple unveils new Intel-based MacsiPod radio remote also unveiled
Tuesday, January 10, 2006; Posted: 8:00 p.m. EST (01:00 GMT)
LOS ANGELES, California (Reuters) -- Apple Computer Inc Tuesday introduced new Intel-powered desktop and notebook computers and said its wildly popular iPods helped drive a 63 percent jump in holiday quarter sales, sending shares up nearly 6 percent.
Chief Executive Steve Jobs said the company sold 14 million iPod music and video players during the holiday quarter and has sold 42 million to date. Speaking at the company's annual Macworld conference in San Francisco, Jobs also said the company's online iTunes store has sold 850 million songs.
The strong demand for iPods helped fuel a 63 percent jump in revenue to a record $5.7 billion during the holiday quarter compared with a year earlier, and near the high end of Wall Street forecasts.
Jobs also told the packed convention center that the company could have sold even more of the portable music players.
"And it still wasn't enough," Jobs said. "More iPods are on the way."
MacBook Pro
Apple also introduced new computers based on Intel Corp. chips, the first to result from its decision to switch from IBM PowerPC chips it had used for years.
Jobs said the company's new line of iMac computers would come in the same shape and sizes as the existing G5 line of iMacs, with starting prices at $1,299.
The new Apple computers are based on Intel Core Duo microchips and are set to begin shipping on Tuesday, with the entire Macintosh line moving to Intel chips this year, the company said. It also introduced a new high-end laptop called the MacBook Pro that will replace its PowerBook series, starting in February at prices beginning at $1,999.
"The new iMac is two to three times faster than the iMac G5," Jobs said in a speech introducing a range of new products that also included a remote control with FM radio capabilities for its iPod music player.
The company also updated its iLife photo and media software as a new version of its suite of digital media editing tools for use in organizing and editing music, photos and movies and Web sites. The $79 price of iLife includes the ability to edit high-definition videos. (Watch the demo of easy, breezy Web pages with music --4:43)
Jobs also unveiled remote control with FM radio capabilities for the iPod.
The iPod Radio Remote enables users to skip tracks and adjust the volume of their iPod even when it's in a pocket or backpack and listen to FM radio stations while displaying station and song information on their iPod screen.
While the iPod faithful focused on new products, investors cheered the company's strong holiday quarter.
Apple sales
Wall Street analysts on average were expecting Apple to post revenue for the fiscal first quarter ending in December of $5.04 billion compared with $3.49 billion a year ago, according to Reuters estimates. Forecasts ranged from $4.69 billion to $5.85 billion.
"Apple blew away revenue and iPod estimates," Soleil-Cross research analyst Shannon Cross said. "And if you extrapolate the numbers, they will likely beat EPS (earnings per share) estimates as well."
The iPod devices have quickly gained the lion's share of the digital music-machine market and helped send Apple stock up 145 percent since the start of 2005.
Jupiter Research digital music analyst Michael Gartenberg said the iPod's strong holiday sales provide more evidence that rivals are having a tough time in their bid to unseat Apple as the dominant player in the digital music business.
"Apple clearly had a runaway fourth quarter --14 million is an incredible number for them to have sold," he said. "It clearly solidifies their position -- not just as the leading player, but the dominant player."
Apple has also bolstered its lead with several versions of the iPod, such as the lower-priced Nano and Shuffle. It introduced a video iPod last October along with a deal with Walt Disney Co. to sell television shows such as "Desperate Housewives."
Analysts have credited the popularity of the devices with reversing Apple's fortunes and have also said Apple's re-emergence in personal computers has hurt sales of Dell Inc. Dell itself has acknowledged that the iPod has revived Apple.
Apple's growth rate in personal computer sales was the highest among the top five vendors in the third quarter, although it still has only about 4 percent of the overall personal computer market.
Apple said it sold 1.25 million Macintosh computers during the holiday quarter, when sales at its retail stores were about $1 billion.
Apple shares were up 5.5 percent at $80.27 in afternoon trading on Nasdaq.
URL:
http://www.cnn.com/2006/TECH/ptech/01/10/apple.macworld.reut/index.html?section=cnn_topstories