ACCESS REALMONEY
Hardware
Apple Beefs Up MacPro, Xserve
01/08/08 - 01:39 PM EST
- Article Tools
- Email this Article
- Print this Article
- Rss Feed
- Related Articles
- Corning Backs Targets
- Apple Supplier Sees Cutbacks
- Analyst: Apple Takes Shine to Blu-ray
- Del.icio.us
- Digg
- StumbleUpon
AppleAAPL started the countdown to the Macworld Conference & Expo next week by updating two products designed to help the company consolidate its existing customer base. Apple introduced a faster version of its Mac Pro workstation and its Xserve server, saying the products are nearly twice as fast as their predecessors. The latest Mac Pro features two IntelINTC 45 nanometer quad-core Xeon processors, powerful new graphics and up to 4-terabytes of internal storage, with the standard configuration starting at $2,799. The server is priced starting at $2,999. The new releases are important for Apple but not core to the company's revenue, says Trip Chowdhury, an analyst with independent research firm Global Equities Research. "Still it's a good play for them because if you are an Apple shop, having an Apple server reduces your operating costs," he says. "And if you are a creative professional or have your own design studio, having a Mac OS running on a faster Apple server can significantly speed up your operations." Shares of Apple were up $2.18, or 1.1%, to $179.64. The stock is down nearly 10% since it closed at a high of $199.83 on Dec. 28.
The news eases concerns of the consumer slowdown hitting LCD spending.
A maker of iPod exteriors says the tech giant is preparing for a consumer slowdown.
An analyst says the tech giant will unveil its high-def preference at the upcoming MacWorld confab.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
Keep on top of the market and the critical information you need to make more profitable investing decisions.
Sponsored by:
RSS
