Apple's Upcoming Product Transition
Forbes explores some hints that Apple gave yesterday on upcoming products in the coming quarter.
Apple's projected relatively weaker earnings for the current quarter, citing higher component costs, back-to-school discounts and a "product transition" will cause Apple earnings to come in lower than expected.
Could that mean Apple is about to introduce some new products? If so, the possibilities include anything from a new version of the iPod music player to fresh versions of its hot-selling notebook computers. With Apple reporting surging sales of both its computers and music players, that would mean the company is about to go from one strength to another.
Apple's current quarter ends at the end of September 2007. Apple has been rumored to be releasing new iMacs and iPods in August. What's unclear is why Apple expects this product transition to decrease earnings rather than increase earnings.