Apple Going LCD-Only, Offering Inexpensive Students' iMac (AAPL)
July 06, 2006
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Excerpt from our One Page Annotated Wall Street Journal Summary (which you can get emailed to you every morning by signing up here):
Apple Will Sell Only LCD Monitors
- Summary: No more bulky CRT monitors for Apple (AAPL) -- the company introduced a $899 iMac with LCD monitor for schools and students, replacing its last cathode ray tube-based model. Apple was a pioneer (surprise) in the LCD sphere, introducing the thinner screens as standard to most of its computer lines back in 2001.
- Comment on related stocks/ETFs: No shocker here on the monitors, but the cheaper iMac for schools/students, timed well for back-to-school season, could be quite significant for Apple's Q3 sales. Related in today's Seeking Alpha: LCD TVs Gain Share in Critical Market Segment; Considering the Stock Impact
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