Apple Inc. (AAPL) Blames iPhone
Apple Inc. said it won't be shipping its next-generation operating system in June as planned, saying it had to divert resources from the project so that it could launch its highly anticipated iPhone on time.
The new shipment date for Mac OS X "Leopard" will be in October, the company said Thursday. The iPhone will make its debut in June as planned.
Apple shares dropped nearly 3 percent to $89.50 in extended-session trading after the announcement. Earlier, they had closed at $92.19, down 40 cents, on the Nasdaq Stock Market.
The new shipment date for Mac OS X "Leopard" will be in October, the company said Thursday. The iPhone will make its debut in June as planned.
Apple shares dropped nearly 3 percent to $89.50 in extended-session trading after the announcement. Earlier, they had closed at $92.19, down 40 cents, on the Nasdaq Stock Market.
Labels: AAPL, Apple Inc., iPhone, Leopard
posted by Stock Administrator @ 6:36 PM
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