
“At an event at the company’s Cupertino, Calif., headquarters, Apple said it will cut the price of its cheapest MacBook model to $999 from $1,099, while introducing two new MacBook models that will sell for $1,299 and $1,599,” Gallagher and Letzing report. “New MacBook Pro models will sell for $1,999 and $2,499, according to Apple.”
Gallagher and Letzing report, “The new models feature ‘unibody’ designs, crafted from a single block of aluminum, which the company is touting as thinner and more durable.”
“Gene Munster, an analyst who covers Apple for Piper Jaffray, [said that] the latest releases could prove to be a catalyst for Apple’s stock, which along with the rest of the tech sector has taken a beating over the past few weeks due to the ongoing credit crisis,” Gallagher and Letzing report.
Full article here.