Apple's eMac Attack in Schools May Pinch Margins

Steve Jobs wrapped his thumb and forefinger around his nose, and Apple (AAPL Quote) is taking the plunge.

Monday morning, the market-share-light but accolade-heavy computer maker announced a new branch of the iMac family that dipped below the $1,000 barrier from day one. The new eMac is a computer for the education market, key terrain for Apple that has been troublesome since the company's golden age, as schools tried to keep up with the expanded dominance of the PC platform. ...