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From: folta@tove.umd.edu (Wayne Folta)
Newsgroups: comp.sys.mac
Subject: Re: What do I want to see in the Apple of the 90's?
Message-ID: <21270@mimsy.umd.edu>
Date: 13 Dec 89 14:54:46 GMT
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Reply-To: folta@tove.umd.edu (Wayne Folta)
Distribution: usa
Organization: U of Maryland, Dept. of Computer Science, Coll. Pk., MD 20742
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Interestingly, the Wall Street Journal reported yesterday that Apple's
stock took a 6% hit yesterday (21% down since October), because its low
end market is slipping.  Mr. Benton, of Goldman, Sachs & Co. said:
"If current products are losing market share, there's no reason to expect
[Apple] to gain market share in 1990.  Their products [for example the
3-year-old SE] are old, and they are more expensive than IBM and clone
products."  An unnammed Apple executive said, "How difficult is it to saw
the monitor off and give customers an SE with choice of monitors?"

The story also mentions Compaq's misfortunes, and ends with, "Still, analysts
say, Compaq, unlike Apple, has products that could improve its fortunes in
1990." [Referring to Apple's low-end products being more than a year off.]
--


Wayne Folta          (folta@cs.umd.edu  128.8.128.8)