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IBM's Chip Woes Weigh on Apple | |
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||
| Time: 20:24 EST/01:24 GMT | News Source: Reuters | Posted By: Erick Cordero | ||
|
IBM's production problems with the speedy chip used in Apple Computer Inc.'s high-end computers, which led Apple to take the unusual step of delaying its next-generation iMac, underscored the risks of relying on a single supplier but won't hurt financial results in the short term. Cupertino, California-based Apple will suffer a small financial hit, said Roger Kay, a PC analyst at market research firm IDC, noting that the new iMac will miss out on the crucial back-to-school season. Education sales account for about 25 percent of Apple's total revenue. | ||
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