We are back on track towards triple digits with momentum, value and growth at our side as if nothing had ever happened. Meanwhile, a technical turn around in the broader markets late last week indicates that we have seen the worse that the Y2K and interest rate bears can throw at us. It looks like nothing but blue skies ahead. Much of the reason behind AAPL's strength was revealed in a not widely publicized October 22 nd meeting with analysts, wherein Apple elaborated on its new business strategies and trends covered in the Oct 13 th conference call . Apple said 2 to 3 weeks were lost on iBook production while PowerBooks lost 2 weeks due to electrical outages from the Taiwan earthquake.
Manufacturing is back to high gear now.
Taiwan is churning out iBooks at more than 150,000 units per month. As for the Power Mac G4 brouhaha, it turned out to be a non-event, financially at least, for the company. Order flows are as strong as before the unpleasantness . According to Apple, component supply constraints are not an issue for G4 production since the company reconfigured the motherboards. Apple delivered 772,000 units last quarter.