Apple (AAPL) Mac Retailers Trim Prices as Demand Eases
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $315.32 -0.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) is paring some gains Wednesday afternoon amid reports MacBook resellers might be heeding a little caution amid chatter of slowing sales.
According to AppleInsider (AI), analysts are expecting a four percent drop in Mac sales to five million units. Those numbers might be skewed a by a delay in the launch of the iMac, which may have cost about 500,000 unit sales.
AI notes that the trend started at Best Buy (NYSE: BBY) and worked its way across several large names.
For a more detailed look at the resellers' pricing schemes, click here.
Apple is up 1.4 percent Wednesday heading into its first-quarter 2013 report, which is expected out after markets close.
According to AppleInsider (AI), analysts are expecting a four percent drop in Mac sales to five million units. Those numbers might be skewed a by a delay in the launch of the iMac, which may have cost about 500,000 unit sales.
AI notes that the trend started at Best Buy (NYSE: BBY) and worked its way across several large names.
For a more detailed look at the resellers' pricing schemes, click here.
Apple is up 1.4 percent Wednesday heading into its first-quarter 2013 report, which is expected out after markets close.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple has talked to PrismML about ways it could use its technology - The Information
- UBS shares its EU pharma playbook for the Q2 earnings season
- Recent selloff in this EU industrial stock is creating an attractive entry point: BofA
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
