“Analysts from UBS Investment Research have just returned from meeting with Apple executives in Cupertino, which focused primarily on on the company’s Intel Mac transition, AppleInsider has learned,” Kasper Jade reports for AppleInsider. “Apple executives at the meeting included Chief Financial Officer Peter Oppenheimer, Senior VP of Retail Ron Johnson, Senior VP of Product Marketing Phil Schiller. In addition to the Intel transition, conversations also focused on Apple’s retail division and the future of the iPod.”
“The analyst also discussed Adobe and Microsoft’s software transition plans at length during the meetings. ‘Our research indicates that new Power Macs could be announced with Intel processors by September, but Apple’s Rosetta emulation software should still be needed to run Adobe’s major high-end applications like Photoshop at that time,’ Reitzes wrote. Still, he believes Power Mac sales could be adversely impacted well into 2007 fiscal year, given comments made by Adobe management that it will not update its key creative professional products for Intel Macs until the spring 2007,” Jade reports.
“Apple retail stores surveyed by UBS showed a very positive reaction to the MacBook Pro in terms of pent-up demand that could be realized later this year. ‘Our surveys and conversations with Apple reveal the level of inquiries regarding the new MacBooks is extremely high, and it is clear that with more models and more applications, Mac sales can benefit,’ Reitzes said. ‘As a result, we believe any slowdown in consumer Mac shipments is only a matter of timing over the next 2-5 months.’ Looking ahead, UBS believes Apple is hard at work on innovations and is set to announce several new products into 2007. Some of the potential products listed by the firm include a digital hub, iPod speakers and an Apple-branded cell phone,” Jade reports.
Full article with much more here.
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