The Industry Standard - Did a Mac Tablet just shave $15 billion off of Apple’s market cap? - Comments

I'd love an iTablet, but

Ken C — Wed, 23 Jul 2008 11:19:23 -0700

I'd love an iTablet, but it's too big a gamechanger to release in the Fall quarter. The iDevice is a big enough deal to be released at MWSF 09.

"Microsoft after it threw

Tom B — Tue, 22 Jul 2008 12:03:36 -0700

"Microsoft after it threw down the gauntlet with its Netflix on the Xbox 360 deal."

I doubt Apple is much concerned about MSFT/Netflix. This is not an area where MSFT is likely to be able to gain much traction.

I'd say a tablet is VERY likely. But a USEFUL one; something the computer-buying public hasn't seen yet, given the pathetic sales numbers for such devices.

The new product will

Alan Smith — Tue, 22 Jul 2008 10:32:22 -0700

The new product will be...
That is speculation; on the more conservative side I believe that natural extensions of existing products have been seen and may be seen.
Have been seen: The iTouch from the iPhone; iPhone/Touch capabilities in the MacBook Air (pinching squeezing, etc. on the trackpad).
May be seen:
More iphone/Touch capabilities on future MacBooks and MacBook Pros. May be built into the display.
A larger iPhone/Touch tablet like computer. (I am sure this will happen the question is when).
iPhone/Touch capabilities to future iPods.

But the new product will be that Steve Jobs has been cloned.

I suspect that it is indeed

Dave — Tue, 22 Jul 2008 08:05:57 -0700

I suspect that it is indeed an iSlate. Something smaller than a tablet but bigger than the iPhone. When you think of it, the Touch and iPhone gave Apple a platform from which they could easily expand. The limitations of the Touch are it's size. This limits the screen to being just a little too small and the battery to having just a little less than an ideal charge capacity. Also the size and efficiency of antennae as well. By adding about 1,5 inches to it's width and 2 inches to it's length you end up with something far more portable than a laptop, even the ASUS micro-PCs and yet with all the advantages of the Touch. All the technology exists and has been proven. Now the engineers at Apple can actually remove a few limitations and really show what this platform can achieve.

Did a Mac Tablet just shave $15 billion off of Apple’s market cap?

Venture Beat — Mon, 21 Jul 2008 22:04:56 -0700

Apple’s stock plummeted in after-hours trading tonight after the company gave a weak guidance for its upcoming fourth quarter. The stock price has fallen over 10 percent, close to 17 points, and as such has wiped out nearly $15 billion from Apple’s market cap.

So the natural question is, why, after a series of very strong quarters in a row, would Apple give such a weak guidance? The easy answer is that it’s setting expectations low, it did after all, do the exact same thing during last quarter’s earning. The answer Apple gave is much more intriguing though.

Numerous times during the earnings call, Apple chief financial officer Peter Oppenheimer and other key Apple execs on the call referred to a mysterious “future product transition.” While that in and of itself may have not been so odd, the fact that after every time one of them said it, they were quick to follow up with the words: “I can’t discuss today.” Apple never talks about future products ahead of time, but this one was mentioned so many times and is being all but directly blamed for low guidance next quarter that one can’t help but wonder: What is this new product?

Predictions already abound throughout the web. Some think it will simply be a notebook refresh with new processors and possibly a new design. We all pretty much know for sure this is coming, so let’s think something sexier. (Oddly, Technology Business Research thinks TV Tuners could be added to Apple laptops as well — not so sure how much that makes sense.)

Others think a new Apple TV could be in the works. During the call, Apple responded to a question about the device with: “the Apple TV remains a hobby as we call it.” And didn’t give much more than that. That doesn’t seem to bode well for the prospects of Apple coming out to meet Microsoft after it threw down the gauntlet with its Netflix on the Xbox 360 deal. But perhaps that was just some misdirection on Apple’s part. They love to downplay devices and they’re certainly doing a great job of that with the Apple TV — especially if a new one is coming.

The ultimate gadget for many however would be the Mac Tablet aka the “iNewton,” (named after the popular Apple PDA device from the 1990s). Various reports have Apple working on a device that would essentially be a cross between an iPhone and a laptop. It would be a slab that is several inches long and the entire thing is a multi-touch screen.

A lot of people out there are thinking this new Apple product would have to be cheap since Apple said during the call that it would hurt its gross profit margins. But instead, it could just be that the product would be very expensive to build and yet Apple may not sell it at the high markup that it usually does for its products. A Mac Tablet could certainly fall into this category.

The main problem with the Mac Tablet being the mystery device is that Apple would have to launch it before September for it to have an effect on this quarter’s financials. While some reports suggest it’s coming along, could Apple really have such a potentially huge device ready to go just months after its iPhone 3G launch?

Whatever this new device/product launch is, it at least partially cost Apple a lot of money today. Money that Apple will undoubtedly get back if this device can live up to the hype it’s creating on just day one of buzz based on an earnings call.

[images are all mock-ups via MacRumors Forums and AppleInsider]

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