Apple cuts MacBook prices by up to $200

Wed Feb 13, 2013 8:17pm IST

Customers look at MacBook Pros, during the official opening of the largest Apple shop in southern Europe, at Passeig de Gracia in Barcelona July 28, 2012. REUTERS/Albert Gea/Files

Customers look at MacBook Pros, during the official opening of the largest Apple shop in southern Europe, at Passeig de Gracia in Barcelona July 28, 2012.

Credit: Reuters/Albert Gea/Files

Related Topics

Stocks

   

REUTERS - Apple Inc (AAPL.O) cut the price on the base version of its 13-inch MacBook Pro laptop with "retina" display by $200 as it revamps its top-end laptops, weeks after the company reported a steep decline in Mac sales in the holiday quarter.

Investors have worried that Apple's iPad is cannibalizing its Mac range, but Chief Executive Tim Cook has brushed aside these concerns.

The company sold 4.1 million Macs in the December quarter, down 21 percent from a year earlier. (r.reuters.com/nyw85t)

Apple also missed Wall Street's revenue forecast for the third straight quarter in January after iPhone sales came in below expectations, fanning fears that its dominance of consumer electronics is slipping.

The iPhone maker said on Wednesday the base version of the MacBook Pro with retina display will now be priced at $1,499, and introduced a new 2.6 gigahertz processor, 256 gigabytes flash memory version for $1,699. (link.reuters.com/vuw85t)

Apple also lowered the price of its 13-inch MacBook Air laptop with 256 gigabytes of flash memory to $1,299 from $1,399.

The company upgraded its 15-inch MacBook Pro with a faster 2.4 gigahertz quad-core processor and the top-end 15-inch notebook with a new 2.7 gigahertz quad-core processor and 16GB of memory.

Apple shares were down 0.6 percent at $465 in early trading on the Nasdaq.

(Reporting by Sayantani Ghosh in Bangalore; Editing by Saumyadeb Chakrabarty)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

TECH WRAP

Reuters Showcase

Facebook Earnings

Facebook Earnings

Facebook tops Wall Street revenue target in 4th quarter.  Full Article 

Japanese Hostage

Japanese Hostage

Islamic State said to set new deadline for hostage swap  Full Article 

Cricket World Cup

Cricket World Cup

Batting holds key for team India in World Cup  Full Article 

Australian Open

Australian Open

Sharapova eases into fourth Melbourne final  Full Article 

Photo

Laser Pioneer Dies

Laser's co-inventor, Nobel laureate Charles Townes, dead at 99  Full Article 

Rohingya Muslims

Rohingya Muslims

Rohingya refugees say traffickers in Malaysia abuse and kill.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage