Word: powerbooks
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Certain models of the Macintosh Performa and PowerBook lines are being recalled for inspection and possible repairs which the Technology Product Center (TPC) will conduct, Harvard University Information Systems announced in a letter mailed last month...
...company's potential to match buyers and sellers is what caught Diller's eye. Diller and Tomlin first worked together at QVC; Diller was the chairman, Tomlin a high-tech executive who had phoned looking for a job after reading how much Diller loved his Powerbook. Both left QVC in the fall of 1994; a few months later, Diller recalls, Tomlin called him again: "'I've found these two guys in a garage...
...have a modem and a Powerbook at home," Ehrenreich says matter-of-factly. "It's something I carry with me on longer trips so I can keep in touch...
...fact, Apple seems incapable of forecasting sales for its products. Over the past two years the company has consistently underestimated demand for its hottest PowerBook and Quadra models. It has just as consistently overestimated demand for less popular machines. Between October and December, the value of Apple's inventories of unsold computers rose more than 50%, to nearly $1 billion; the company made more than $350 million worth of computers it could not sell. Already losing money, Apple is not in a good position to hold a sale. Meanwhile, the surplus drags further on the bottom line...
Nevertheless, Apple is in trouble. For one, the demand for the new Power Macs has proved to be a mixed blessing. Anxious to avoid a repeat of 1993, when supplies of PowerBook laptops exceeded demand, Spindler's staff erred in the other direction, drastically underestimating the demand for the new line and failing to produce enough to meet orders. Apple expected growth for its computers to peak at 23% a year, a few points higher than the industry average for computers; demand growth, however, turned out to be a stunning 35%, says Tim Bajarin, a Silicon Valley computer marketing consultant...