>Steve Jobs' October 14 event took place today in Cupertino, California. >Jobs said he would > introduce "an entirely new Macintosh," which turned out to be Mac OS 8.5. >Meanwhile, Apple's > stock price has been flirting with the $40 mark today; the stock was on a >trading hold during Jobs' > speech. > > Apple's financial statement shows fourth fiscal quarter revenue of $1.56 >billion, with profit of $106 > million, better than expected. Profit for the entire fiscal year totalled >$309 million. Jobs managed to > cut Apple inventory from $400 million at the end of the first fiscal >quarter to $78 million at the end of > the fiscal year, even beating industry leader Dell in inventory turns for >the last quarter, according to > Jobs. Unit sales rose from 635,000 in the first fiscal quarter to 834,000 >in the fourth quarter. In the > first six weeks, Apple shipped 278,000 iMacs, Jobs said, primarily to >North America. According to > Apple statistics, 29 percent of iMac buyers were first-time computer >buyers, while 12.5 percent were > Windows PC owners; 58 percent of iMac buyers were existing Mac owners. > > Jobs flattered CompUSA during his speech: "We love working with these >guys, and the relationship > has been great from both perspectives." He then announced that Apple >would add 300 Best Buy > stores to its sales channels, to begin selling iMacs on November 8. "iMac >is the perfect computer for > many of the first-time buyers that Best Buy serves, and we will be >working closely together to create > a great buying experience for iMac customers."
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Go sell crazy somewhere else,
we're full up here. ...Nicholson