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Apple Confirms G5 Based iMac to Ship in September

evn writes "Apple Insider and Yahoo News are carrying stories about Apple's 3rd quarter report including confirmation of a G5 iMac during Apple's webcast conference call to discuss the filing: 'IBM's manufacturing problems have also impacted our next generation iMac. We normally don't talk about unannounced products but we feel you need to know about the current situation. The new iMac is based on the G5 processor. We could not secure the necessary supply of G5 processors to launch our new iMac on schedule: and as we indicated a few weeks ago, we now plan to announce and ship it in september.' Apple made $61 million dollars profit on $2.01 billion dollars in Q3/04 and had the highest CPU shipments in three and a half years."

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  1. Re:How relevant are Apple now? by overunderunderdone · · Score: 0, Redundant

    $61million in profits can barely drive R&D for a company like Dell or Gateway.

    Profits are what you have AFTER you pay for everything, INCLUDING research & development. The R&D is somewhere in the 2.01 Billion, the $61 Million is what was left over and sent out to stockholders.

    Dell is a behemoth but Apple is doing MUCH better than Gateway which had less than half the revenue (around $800 million) and a LOSS (that would be the opposite of a "profit" ) of around .14 a share (as opposed to Apples PROFIT of 16/share) and not including another $200 - $300 million of additional expenses due to restructuring they are pushing off until next quarter. And the sad thing was, for them this was GOOD NEWS! They expected to do worse!