Apple Plans “Product Transition” For September Quarter
Monday 21st July, 2008 - 23:45 CET
Posted in: Apple Financial News, Apple Rumour, MacBook, MacBook Pro
Written by: Alex Brooks
During today’s financial conference call, Apple’s chief financial officer Peter Oppenheimer noted that Apple will make a “product transition” during the next quarter.
The comment came after concerns that Apple predicted gross margins of just 30% down from 34.8% in the June quarter. According to Apple a future product transition will cause a drop in gross margins.
The chief was short on details but did explain that price will be a significant driving factor. He continued that Apple often introduces products with new technology at a high price, but seeks to drive the price lower over time.
When referring to the unnamed product the CFO described the product as having “technologies and features that others can’t match”.
In today’s press release Steve Jobs spoke of “several more wonderful new products”.
Apple is widely expected to be revising the MacBook Pro and MacBook in the coming quarter. In addition the company is rumoured to introducing a multi-touch tablet sometime in the future.




