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For six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul

Tuesday, August 17, 2004

Longer G5 Chip Delay May Hurt Apple Earnings

Forbes: "Prudential Equity Group said the availability of chips for Apple Computer could be 'worse than anticipated' due to manufacturing delays from IBM. 'Following a series of recent checks on Apple, we believe that availability of the company's 1.8 GHz and 2.0 GHz G5 processors may be worse than initially anticipated,' it said. 'Apple had previously stated that it expected to have shortages of its 1.8 GHz and 2.0 GHz processors through July, with supply catching up in August. We now believe that IBM may be having difficulty meeting its revised supply commitments.' The research firm, which maintained its 'neutral weight' rating and $27 target price, said supply constraints may lead to further delays for the G5 iMac, already two months behind schedule, as well as possible delays for its PowerMac G5."

[ Posted at 9:55 AM | Permalink ]