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About this siteFor 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 Thursday, September 02, 2004Innovative iMac no longer core of Apple Computer's revenuesReading Eagle: "Once its flagship product, the desktop model made up just 11 percent of the company's profits in the last quarter ... Tuesday, when Apple revealed its first new iMac in more than two years, there were no splashy magazine covers. Jobs, who is recovering from cancer surgery, wasn't there to promote the new flat-panel desktop. While Apple heralded the machine as a breakthrough, the company didn't bother to have a live Webcast of the event, which took place in Paris at an Apple Expo conference. The low-key unveiling highlights how much Apple has moved beyond what once was its flagship product ... At the height of the iMac's popularity in 1999, more than 700,000 units of the computer were sold a quarter, but sales have leveled off at around 250,000 units a quarter. In the last quarter, the iMac was just 11 percent of Apple's revenues. Indeed, in a sign of how little Apple relies on the iMac, the company barely was affected after it botched the computer's latest introduction." [ Posted at 11:48 AM | Permalink ]
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