Apple after the bell 06/30/06: new intel chips, more Foxconn attention

Posted Jun 30th 2006 4:49PM by Tobias Buckell
Filed under: After the Bell, Rumors, Products and Services, Industry, Competitive Strategy, Apple Inc (AAPL), Intel (INTC)

Apple finished the day at $57.27, down X$1.70. Today saw some good news for Apple. Covered already was the good news in Maine, providing Apple a strong place in exposing students to its product and generating a nice bulk purchase deal with the Maine education system.

Also of recent note is that Intel will start shipping the new "Yonah" chips that will make their way into future iMacs, MacBooks, and other Apple computers. Over previous years Apple continuously struggled with suppliers to get updated processing chips, it must be a breath of fresh air over at Cupertino for it to be raining new versions of chips.

Businessweek took a close look at the Apple/Foxconn situation, weighing in with a unique suggestion of their own: that Apple create its own factory in China that it can more closely control. No matter what Apple's investigation shows, a lot of eyes are carefully watching to see how they'll handle this.

[Disclosure: I own Apple stock at the date of this post]

Tags: apple, foxconn, imac, intel, macbook, maine