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Apple after the bell 6/27/06: new stores, and iPod worker conditions still a spreading story

Apple ended the day at $57.43, down $1.56, a sudden 2.64% slide. The internet is still trying to figure out whether more information can be found about Apple's working conditions at Foxconn, or whether it is an unfounded attack. Meanwhile, the normally media savvy computer maker's special investigation team signed off on the factor conditions, and Apple has not really responded to the growing coverage in mac-focused blogs and sites.

A new, very minor update to Apple's operating system was released today. The next major version of the system will be previewed at WWDC, a developers conference for Apple, on August 7th. The next version of the OS will come out in late 2006 or early 2007.

Also, a new store seems to be in the pipeline for Cleveland, bringing the brand further into the heartland.

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

New Houston Apple store to open this weekend

A new Apple retail store is opening in Houston, Texas this Saturday. Located at 303 Memorial City the usual set of Apple store hijinks are planned for the location this weekend. The first 1,000 through the door will get free t-shirts, and some big prizes like a 17-inch iMac, an iPod nano, printers, cameras, and camcorders are all up as prizes for people who swing by the store and enter.

Apple always throws a good launch party, and no doubt the faithful will line up to be in the store, and bystanders will swing by to see what the fuss is about.

Of all Apple's moves over the last several years, the stores are the smartest. I love standing by a unit and hearing someone ask a patient sales rep if a Mac will let them check email or browse the web. Educating customers is necessary, and the stores offer Apple a direct way to spread their brand and product awareness.

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

[Photo credit: wikipedia]

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Last updated: May 27, 2012: 11:19 PM

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