Monday, August 6, 2007

New iMac Announcement Coming?

Larry Dignan of ZDNet (courtesy of Seeking Alpha) says AppleInsider and Gizmodo "noted last week that Apple had been calling analysts and media members to give them a heads up on the shindig at the company’s Cupertino headquarters. Folks were told that the event is Mac related."

His article on Seeking Alpha goes on to say, "Piper Jaffray analyst Gene Munster notes that the iMac hasn’t been updated in 334 days compared to the product average of 168 days. In other words, the iMac is overdue for a refresh."

Another article on Seeking Alpha by Notable Calls discusses Munster's research note. He maintained his Outperform and $211 target according to the article.

Apple (NASDAQ: AAPL) is up 1.1%, $133 at 1:06p eastern.

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