Beverly Hills 12/16/2009 2:10:29 AM
News / Business

Apple Apologizes for Shipping Delays of New 27-inch iMac

Finance World News Update by EQUITIES Magazine

Apple Inc.’s 27-inch desktop computer went on sale in October for $1,699 and has been a best seller. Late last night, the company apologized for delays in shipping the unit, saying orders were roughly two weeks behind—implying they likely won’t arrive in time for Christmas.

 

Despite strong sales, the 27-inch iMac has been barraged with complaints ranging from a malfunctioning display to units arriving with broken and cracked screens.

 

Shares of Apple (Nasdaq: AAPL) fell $1.19, or .6 percent, to $195.79.

 

 

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Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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