Apple shares drop nearly 3%, dip below $90 on Mac OS X Leopard delay
Thursday, April 12, 2007 - 05:15 PM EST
"Apple's iPhone is coming -- but at a price," Priya Ganapati reports for TheStreet.com.
"Its much-anticipated music player/handheld device will ship in late June as planned, but the company's Leopard operating system, a rival to Microsoft's Vista operating system upgrade, will be delayed, according to Apple," Ganapati reports. "The Cupertino, Calif.,-based company has had to divert engineering resources to the iPhone and as a result will push the release of Leopard back by at least three months to October, it said in a statement."
Ganapati reports, "Shares of Apple were recently off $2.45, or 2.7%, to $89.74 in extended trading. During the past week, several sell-side analysts had expected a June release of Leopard to reaccelerate growth."
Full article here.
MacDailyNews Take: Some investors might consider this a nice opportunity.
Send us links! Email: webmaster@macdailynews.com
Apple Store Advertisements
iPhone 3G S: From $199. Free shipping.
New 13-inch MacBook: From $999. Free shipping.
13-inch Macbook Pro: From $1199. Free shipping.
13-inch MacBook Air: From $1499. Free shipping.
15-inch Macbook Pro: From $1699. Free shipping.
17-inch MacBook Pro: From $2499. Free shipping.
New Mac mini: From $599. Free shipping.
New iMac 21.5-inch: From $1199. Free shipping.
New iMac 27-inch: From $1699. Free shipping.
Mac Pro: From $2499. Free shipping.
iPod touch: From $199. Free Shipping.
iPod nano: Now shoots video! From $149. Free shipping.
iPod shuffle: From $59. Free engraving. Free shipping.
Apple TV: From $229. Free shipping.
MacDailyNews on Twitter
MacDailyNews app for iPhone and iPod touch
Related article:
Apple delays Mac OS X Leopard until October 2007, blames iPhone - April 12, 2007


Well duh. Buy more.