The Apple clones are coming! The clones are coming!
Article Abstract:
The first clones of the Apple Macintosh microcomputer are expected to appear in the second half of 1995. Apple had in the past refused to license its technology, but finally decided to allow clones to be produced to help grow its small, 11% market share of the microcomputer market. Among the companies planning to offer Mac clones are Power Computing, Radius Inc and Daystar Digital Inc. Power Computing is preparing PowerPC-equipped Mac clones that will sell for 10% to 20% less than the name Apple brand. Power Computing CEO Stephen S. Kahng believes that his main customers will be users who were already considering Apple Macintosh purchases, rather than users of Intel-based PCs. Radius plans to target professional publishers with its Apple clone that will rival Apple's 8100/100 Power Mac. Daystar Digital plans to offer sophisticated, high-end clones that will compete with workstations from Sun Microsystems Inc and Silicon Graphics.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Hewlett-Packard to enter home computer market
Article Abstract:
HP is planning to enter the multimedia PC home-computing market by releasing three aggressively priced Pentium-based machines, called the P60, P70 and P90, to be sold through consumer electronics retail outlets. Compaq will counter the announcement by adding new features to its best-selling Presario PC. HP is already exploiting the home market with its color inkjet printers and low-end laser printers, but it hopes to compete, in terms of price and features, with Compaq's Presario, the industry's top seller. While the home PC market is one of the fastest growing, PC makers have been reluctant to enter because of low profit margins. HP is hoping its manufacturing experience and existing channel relationships will help. The new Pentium-based machines will initially only be available through Circuit City stores. HP says prices are expected to start at around $1,699 for the P60.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Hewlett-Packard earnings up by 41.4% in 2d quarter; shares close down $1.50, to $69.50
Article Abstract:
HP is reporting that its 2nd qtr earnings increased 41.4% but financial analysts reacted instead to the company's modest sales gain. The price of the company's shares were down $1.50 to $69.50, which was better than the earlier decline in price of $4.875. HP's net income is $577 million or $1.10 per share compared with $408 million in the previous year's quarter. The company's profit gain of 64% in the most recent quarter impressed analysts,who expect the company to repeat its performance. Revenues in the 2nd qtr increased only 18.9% to $7.43 billion compared with revenue growth of 29% to $7.43 in the previous year's quarter. Analysts say that HP underestimated demand, particularly in the areas of personal computers and mid-range multi-user systems.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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- Abstracts: Apple surprises Wall St., projecting a loss of $68 million. Hewlett-Packard's quarter profit exceeds Wall St. expectations
- Abstracts: Gateway sees flat earnings this quarter. Dell's earnings increased by 42% in first quarter; but results still disappoint some investors
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